Economy
UK inflation hits hotter-than-expected 3.6% in June
A one pound price label in bowls of produce on a grocery stall at East Street Market in London, UK, in spring 2024. Bloomberg | Bloomberg | Getty Images The U.K.’s annual inflation rate hit a hotter-than-expected 3.6% in June, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists polled […]
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Stocks making the biggest moves after hours: Global Payments, Hancock Whitney and more
Check out the companies making headlines in extended trading. Global Payments — Shares of the financial technology company advanced roughly 5%. The movement came after a Financial Times report that said activist investor Elliott Management added to its stake in Global Payments. Hancock Whitney — The bank holding company slid more than 3% in extended […]
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Stocks making the biggest moves midday: First Solar, Newmont, Wells Fargo, Nvidia & more
Check out the companies making the biggest moves midday: First Solar – Shares of the major domestic solar panel producer popped 6%. Bloomberg News reported that the U.S. Commerce Department has launched Section 232 investigations into imports of drones and polysilicon, which is used on solar panels. The move could be a precursor to tariffs, […]
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Inflation picks up again in June, rising at 2.7% annual rate
Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The consumer price index, a broad-based measure of goods and services costs, increased 0.3% on the month, putting the 12-month inflation rate at 2.7%, the Bureau of Labor Statistics reported Tuesday. The numbers were right […]
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How Trump’s tariffs are hurting the office recovery
Construction renovation of new office in business building window at night Fangxianuo | E+ | Getty Images 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, […]
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Stocks making the biggest moves premarket: Nvidia, Trade Desk, BlackRock, Wells Fargo and more
Check out the companies making headlines before the bell. JPMorgan Chase — Shares fell less than 1% in the premarket after the bank posted second-quarter earnings that beat analyst expectations. Investment banking and trading revenue drove the stronger-than-expected numbers. Wells Fargo — Shares were down 3% in the premarket after the company lowered its 2025 […]
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Inflation report Tuesday should provide clues on the impact tariffs are having on prices
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | AFP | Getty Images June’s inflation report will be looked at not so much for what the headline numbers show than what’s in the underlying data, especially whether tariffs are starting to have an impact. The consumer price […]
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Trump threatens 100% tariffs on Russian export buyers unless Ukraine peace deal is reached by September
U.S. President Donald Trump, flanked by Vice President JD Vance and U.S. Secretary of State Marco Rubio, meets with NATO Secretary General Mark Rutte in the Oval Office at the White House in Washington, D.C., U.S., July 14, 2025. Nathan Howard | Reuters President Donald Trump on Monday threatened to impose “secondary tariffs” on Russia’s […]
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Trump tariffs don’t cause inflation because of ‘patriotism’ buying: WH advisor
White House economic advisor Kevin Hassett speculated Monday that new tariff policies are not yet sparking widespread price inflation because President Donald Trump has convinced more people to buy American. “There’s, I think, a lot of patriotism in the data,” Hassett said on CNBC’s “Squawk Box” when he was asked to explain why Trump’s protectionist […]
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Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more
Check out the companies making headlines in midday trading: Autodesk — The design software maker rose more than 5% after Bloomberg News reported , citing people familiar with the matter, that it ended a plan to potentially buy out PTC . The possible acquisition was first reported by Bloomberg last Wednesday . PTC fell about […]
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