Here’s the inflation breakdown for August 2026 — in one chart
Inflation remained stubbornly high in August, largely on the back of higher energy prices amid the Iran war, economists said.
25 years after 9/11, the U.S. starts rolling back travel restrictions, from liquids to gate access
Years after 9/11, the U.S. government is walking back some security screenings as threats and technology evolve.
Analysis: Hot inflation data sets up a Fed rate hike. What happens if Warsh wavers
August CPI data leaves Kevin Warsh to choose between acting on his inflation warnings or risking new doubts about his control of the central bank.
Iran, Russia condemn Western economic sanctions and urge BRICS bloc to deepen economic ties
Iranian President Masoud Pezeshkian and Russian President Vladimir Putin criticized Western sanctions and asked the BRICS bloc to deepen trade ties.
Record U.S. cyclosporiasis outbreak is over, CDC says
The largest outbreak, linked to shredded iceberg lettuce from Taylor Farms, sickened more than 12,000 people.
Leopold Aschenbrenner's Situational Awareness is active in options market, sources say
Situational Awareness has been buying options positions in stocks including Advanced Micro Devices, Bloom Energy and Coreweave, sources told CNBC's David Faber.
Houthis reportedly advance to key Red Sea island, further threatening crucial oil choke point
The advance raises the threat to shipping near the Bab el-Mandeb Strait, a waterway that connects the Red Sea to the Gulf of Aden to global markets.
UAE plans $46 billion investment in Germany, with data centers a key focus
The UAE plans to invest 40 billion euros ($46.4 billion) in Germany, with data center infrastructure a key part of the package.
Wealthy investors are pouring billions into this new tax strategy despite risks
Total assets invested in so-called tax-aware long-short strategies — or TALS — have surged to more than $170 billion, according to Tax Alpha Insider.
Sub-$100 smartphones becoming a rarity as AI memory prices soar
The days of the sub-$100 smartphone may be numbered, including in China.
Treasury yields remain near multi-year highs as August CPI shows sticky inflation
Treasury yields remained near multiyear highs as investors weighed the impact of the latest consumer price report for August.
AI regulation calls grow in DC after researcher's extinction warning
Members of Congress are calling for AI regulation after a researcher warned that OpenAI and Anthropic are acting irresponsibly.
Bessent says 'a large bank' will be sanctioned on Monday as part of Iran strategy
U.S. Treasury Secretary Scott Bessent said a large bank would be sanctioned next week.
NYC's 'Baklava Guy' started selling Turkish pastries as 'a joke,' now it brings in $20K/month: 'It's my whole life'
The 30-year-old entrepreneur behind Good Baklava went viral for handing out free pastries after New York Knicks games and selling to strangers in local parks.
Oil prices fall after double-digit weekly gains above $100
The decline snapped multiday winning streaks for both Brent and WTI crude oil futures.
Trump dismisses AI extinction risks as more than a dozen OpenAI, Anthropic insiders call for a slowdown
Trump said he isn't concerned AI could cause human extinction as researchers at leading AI companies warn about rapid advances and lawmakers propose safeguards.
U.S. diesel price tops $6 per gallon, a record high as Ukraine and Iran wars ripple through economy
U.S. diesel prices hit their highest level ever as fuel supply disruption stemming from the Ukraine and Iran wars lifts transportation costs.
Hassett kept up to $5 million Coinbase stake as Trump reshaped crypto policy
Trump economic advisor Kevin Hassett owned as much as $5 million in Coinbase while serving as the White House's top economic advisor, his disclosure shows.
Jim Cramer's top 10 things to watch in the stock market Friday
Stocks are still looking at a higher open after consumer inflation, excluding food and energy prices, came in hotter than expected.
Trump says he has no regrets about starting the Iran war as U.S. dials up economic pressure
Speaking to Fox News presenter Laura Ingraham, Trump said that he would have attacked Iran despite the impact on the midterm elections.
Elon Musk's Boring Co. turns to Middle East for expansion in reaching $23 billion valuation
The Boring Co.'s latest $3 billion financing round was led by the United Arab Emirates.
Why fears of AI self-improvement are causing ‘existential’ concerns at Anthropic and OpenAI
AI researchers are warning that faster AI self-improvement could eventually make advanced systems harder for humans to control.
Oracle's stock rises on earnings and revenue beat fueled by AI cloud demand
Oracle's cloud infrastructure revenue jumped 121% from a year earlier, reflecting demand for AI cloud services.
Chinese AI labs secretly used millions of Claude exchanges to train their models, Anthropic says
Anthropic said it detected unauthorized efforts by China-based AI labs including Alibaba and Moonshot AI to use its Claude models to help improve their own AI systems.