Breaking News: Economy
Consumer prices rise 2.7% annually in July, less than expected amid tariff worries
Lisa Lungaro shops at the butcher’s counter in a grocery store on July 22, 2025 in Miami, Florida. Joe Raedle | Getty Images A widely followed measure of inflation accelerated slightly less than expected in July on an annual basis as President Donald Trump’s tariffs showed mostly modest impacts. The consumer price index increased a […]
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Trump’s tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO says
U.S. President Donald Trump, joined by Republican lawmakers, signs the One, Big Beautiful Bill Act into law during an Independence Day military family picnic on the South Lawn of the White House on July 04, 2025 in Washington, DC. Samuel Corum | Getty Images News | Getty Images President Donald Trump’s tax and spending law […]
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U.S.-China tariff truce: These are the big sticking points in deal talks
The U.S. and China agreed to extend the tariff truce for another 90 days — major sticking points are holding up a deal, and both sides are planning a leaders’ summit later this year to break the impasse. Hours before the higher tariffs were set to kick in, the two countries on Monday announced the […]
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Trump says he’s nominating E.J. Antoni as Bureau of Labor Statistics commissioner
Dr. E.J. Antoni, nominee for the Commissioner of the Bureau of Labor Statistics stands next to Donald Trump in the Oval Office. Courtesy: Donald J. Trump via Truth Social President Donald Trump said Monday that he will nominate the economist E. J. Antoni as commissioner of the Bureau of Labor Statistics. Antoni would replace Erika […]
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Stocks making the biggest moves premarket: Paramount Skydance, Nvidia, C3.ai, Intel and more
Check out the companies making headlines before the bell. Paramount Skydance , TKO Group — Shares of Paramount Skydance gained 4% after the media company acquired the U.S. rights to TKO Group’s UFC for seven years, beginning in 2026, according to a statement from the companies. TKO shares added roughly 2%. C3.ai — The AI software company […]
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Trump-Putin talks are already a ‘triumph’ for Moscow, its economy and markets
FILE PHOTO: U.S. President Donald Trump and Russia’s President Vladimir Putin talk during the family photo session at the APEC Summit in Danang, Vietnam November 11, 2017. Jorge Silva | Reuters Talks between Russian President Vladimir Putin and U.S. counterpart Donald Trump are still days away, but the two leaders’ upcoming meeting to negotiate an […]
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U.S.-China high-stakes truce extension hangs in the balance as deadline looms
A man walks past China’s and USA’s flags before a meeting between US Treasury Secretary Janet Yellen and China’s Vice Premier He Lifeng at the Guangdong Zhudao Guest House in the southern Chinese city of Guangzhou, on April 5, 2024. Pedro Pardo | Afp | Getty Images The U.S. and China have yet to announce […]
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‘Loud luxury’ is back as high-end brands look to rebound
A guest wears red knitted Gucci x Adidas sweater, outside Bluemarble, during the Menswear Spring/Summer 2026 show as part of Paris Fashion Week on June 26, 2025 in Paris, France. Claudio Lavenia | Getty Images “Loud luxury” is poised for a comeback as ailing fashion houses attempt to inject a sense of newness and novelty […]
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Trump to speak at White House on violent crime in D.C. amid federal crackdown
U.S. President Donald Trump speaks to the media as he departs the White House on August 1, 2025 in Washington, DC. Win McNamee | Getty Images President Donald Trump said Saturday that he will hold a press availability at the White House next week to address violent crime in Washington, D.C., days after the White […]
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How one real estate startup is taking on record heat this summer
Runwise co-founders (L-R) Jeff Carleton, Lee Hoffman and Mike Cook. Courtesy of Runwise A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large […]
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