News

Here's the inflation breakdown for May 2025 — in one chart

Inflation was tame in May but President Trump's tariff policy may cause consumer prices to rise noticeably heading into summer, economists said.

China-U.S. agree on framework to implement Geneva trade consensus after second day of London talks

The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London, according to an NBC transcript.

DoubleLine’s Gundlach says to buy international stocks on the dollar's 'secular decline'

The widely-followed investor noted that foreigners invested in the United States could be holding back on committing more capital due to geopolitical concern.

Why BlackRock's smallest deal of 2024 may end up being its most consequential

Larry Fink has said BlackRock's Preqin acquisition is "probably the most significant thing we have done in terms of expanding the profile of private markets."

As GOP weighs Obamacare cuts, the party's constituents are more likely to use marketplace coverage, poll finds

Republicans are considering a massive domestic policy bill that would slash funding for Affordable Care Act exchanges. But many GOP voters rely on them.

Walmart is using its own fintech firm to provide credit cards after dumping Capital One

Walmart had leaned on Capital One as exclusive provider of its credit card since 2018, but sued the bank in 2023 so that it could exit the relationship.

Robinhood shares drop after the online brokerage fails to get the nod to join the S&P 500

Investors were left disappointed after the S&P Dow Jones Indices said Friday the S&P 500 would remain unchanged.

Job market is 'trash' right now, career coach says — here's why

Employers are reluctant to hire in an uncertain economy, making it hard for job seekers to land new gigs.

UK finance watchdog teams up with Nvidia to let banks experiment with AI

The initiative is designed for financial services firms in the "discovery and experiment phase" with AI, the Financial Conduct Authority said.

When it comes to saving, Gen Z asks: 'What’s the point?' That's dangerous, expert says

Young adults are feeling disillusioned about their economic prospects. That malaise can be dangerous, experts said.

Swiss government proposes tough new capital rules in major blow to UBS

The Swiss government proposed strict new capital rules that would require banking giant UBS to hold an additional $26 billion in core capital.

Why millions of Americans would lose health insurance under House GOP megabill

With the Senate poised to consider the One Big Beautiful Bill Act, here's who may be vulnerable to health care coverage losses if the legislation passes.
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