Business

Wholesale prices see a 6.3% annual jump in September, much higher than economists expected

Both the monthly and annual increase exceeded forecasts of economists polled by Dow Jones, who expected an increase of…

Trump immigration lockdown saves taxpayers about $30B a year, but border towns go from boom to bust

The flow of illegal migration along the southern, U.S.-Mexico border is roughly 95% less than it was during the Biden…

ASX falls as miners slump, Wall Street sharply lower as US inflation worsens

Worries about worsening inflation are weighing on Wall Street and pulling the US stock market further from its record.

Inflation surged in September as U.S. energy costs jumped

Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.

Trump insists inflation is low as CPI report shows a 3.7% increase

President Trump hunted for silver linings in the higher-than-expected September inflation numbers. The surge in prices…

Bret Baier Hits Trump With Fact-Check and Abysmal Fox News Poll: ‘Actually…’

"The president earlier said that inflation was at 1.7% before the Iran war. It was actually closer to 2.4%, but it's at…

India's NIIF Eyes $800M Data Center Investment

The National Investment and Infrastructure Fund (NIIF) is likely to draw as much as $3.2 billion in investments for one…

Anthropic revenue surges 45% to nearly $17B in third quarter as AI giant gears up for IPO

Dario Amodei's Anthropic is seeking to convince investors that its breakneck revenue growth can eventually outrun the…

Anthropic's Q3 Revenue Surges 45% To Nearly $17 Billion

Revenue in the first quarter was $4.7 billion, and $11.6 billion in the second quarter, according to the person who…

Lisa Cook’s lawyers call Trump’s investigation committee ‘demonstrably biased’

Lawyers for Federal Reserve board of governors member Lisa Cook called President Trump’s investigation committee into…

As Christmas rush looms, how do China-made toys find their way to the US?

With the festive season on the horizon, we trace toys from factories in China to US shelves.

How much is the minimum wage?

What are the National Minimum Wage and the National Living Wage, and how much are they worth?

China’s Backdoor Bond-Buying Talk Swirls on $600 Billion Buildup

Like many on Wall Street, DoubleLine’s Vitaliy Liberman has made a habit out of keeping tabs on foreign ownership of US…

Economist breaks down new inflation report and what's driving prices higher

With the midterm elections just three weeks away, a new inflation report shows prices rising faster than expected,…

Trump says he noticed gas prices were low—so he bombed Iran

Trump held a rally in Alaska on Tuesday, where he blathered away in an attempt to shore up his fragile ego.

Jim Cramer explains why even strong bank earnings couldn't save their stocks

All six banks fell following their earnings reports, even as some delivered strong results, reflecting concerns about…

Social Security checks are getting their biggest raise since 2023. Inflation may eat it anyway

September saw inflation rise yet again, which could eat into newly adjusted increases to Social Security payments.

777 Partners’ Co-Founder Josh Wander Set to Change Plea

Josh Wander, the 777 Partners co-founder, is set to change his plea in a case that accused him of cheating lenders and…

Top Forecaster Says Fed May Hike Rates Half a Point in December

A forecaster who was early to call the most recent Federal Reserve rate hike now says a bigger, half-percentage-point…

California ports boom despite global tariff uncertainty

California ports boom despite global tariff uncertainty

Breaking down September's CPI report as inflation rises to 3.7%

Inflation accelerated to 3.7% in September as energy costs soared amid President Trump's war with Iran, a new CPI…

Fox’s Martha MacCallum and Pete Buttigieg Clash Over Inflation During Trump Admin Versus Biden Admin

Pete Buttigieg got into it with Fox News anchor Martha MacCallum over whether inflation was worse under ex-President…

The Social Security COLA for 2027 is set. Here's what experts say you need to know

This year's increase is 3.6%, based on inflation data, amounting to a little more than $900 next year.

Anthropic's Q3 revenue surges 45% to nearly $17 billion

At Anthropic pre-IPO meet: ‘Thinking’ caps, surging revenue, no human extinction

You’re probably too invested in equities. Why a 60-40 portfolio is still the smart way to go.

For most of U.S. history, an all-stock and a 60-40 portfolio have run neck-and-neck for trailing 30-year returns.

Average diesel price likely to break all-time record in October, petroleum analyst says

Inflation rose in September to 3.7%, according to the latest Consumer Price Index, three weeks before the midterm…

Pew Research: U.S. views on economic inequality, solutions shift

More Americans who say the U.S. has too much economic inequality think the country's economic system needs to be…

Jim Cramer says don't give up on this unpredictable market. Here's why

Despite an unpredictable market, CNBC's Jim Cramer says it's important to stay invested.

A data center builder wants to win over a Kansas town. Its offer: $10,000 per household.

Amid a pronounced public backlash against data center construction in the U.S., one real estate developer is making an…

Anthropic revenue jumps to $16.8 billion in third quarter, FT reports

Rising prices, economic uncertainty continue to impact Salt Lake City businesses

Rising prices and continued economic uncertainty are creating challenges for consumers and local businesses alike. The…

Huel CEO on Danone Deal and Expansion to US Retail

Huel CEO James McMaster discusses Danone’s roughly $1.2 billion acquisition of the UK-based meal-replacement and…

Loop Capital CEO on Expanding Athlete Wealth Platform

Loop Capital is buying $450 million in client assets from Lifeline Capital to expand its wealth management business and…

Stock Buyers Step In to Power Wall Street Rebound: Markets Wrap

Wall Street staged a comeback after losses driven by concerns about the sustainability of the artificial-intelligence…