The Fed faces ‘so many unknowns’ now as it digs in to fight against inflation

The Fed faces ‘so many unknowns’ now as it digs in to fight against inflation



Federal Reserve officials made a stand Wednesday, switching from champions for employment equality to fighters of inflation. Can they pull it off?



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Andrew Cuomo concedes the New York City mayoral primary to Zohran Mamdani, who leads in the first-choice vote
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Andrew Cuomo concedes the New York City mayoral primary to Zohran Mamdani, who leads in the first-choice vote

New York City mayoral candidate and democratic State Representative Zohran Mamdani (L) and New York City mayoral candidate Andrew Cuomo (R). Angela Weiss | Afp | Getty Images State Assemblyman Zohran Mamdani is the leader as first-choice votes are tallied in the New York City Democratic mayoral primary, ahead of former New York Gov. Andrew […]

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At 23, he quit his accounting job to start an eBay business—today, his company brings in 7 million a year
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At 23, he quit his accounting job to start an eBay business—today, his company brings in $167 million a year

Gurmer Chopra, 32, is the co-founder of clothing brand YoungLA. Courtesy of Right after graduating from university in 2015, Gurmer Chopra, 32, landed his first corporate role at a “Big Four” accounting firm. But after less than a year on the job, he decided to quit. “Four months into it, I [was] like: ‘I freaking […]

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CNBC Daily Open: Investors bet the fragile ceasefire would hold
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CNBC Daily Open: Investors bet the fragile ceasefire would hold

US President Donald Trump speaks to reporters about the Israel-Iran conflict, aboard Air Force One on June 24, 2025, while traveling to attend the NATO’s Heads of State and Government summit in The Hague in the Netherlands. Brendan Smialowski | Afp | Getty Images The ceasefire between Israel and Iran appears to be holding. In […]

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