Fed's main gauge shows inflation at 2.8% in November, edging further away from target
Inflation drifted slightly further from the Federal Reserve's target in November though in line with expectations.

Inflation drifted slightly further from the Federal Reserve's target in November though in line with expectations.
Nielsen criticized Trump's aggression toward Greenland, saying the rhetoric is "unacceptable."
Intel reported fourth-quarter earnings Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.
Ukraine's president, Volodymyr Zelenskyy, has attacked Europe as weak in the face of the U.S. and President Donald Trump.
Its the latest deal under Rich Fairbank, a rare founder-CEO of a major U.S. bank, who acquired rival card firm Discover Financial last year.
People reported issues with Outlook on social media, months after the app went down for over 21 hours.
Chase Bank closed Trump's accounts on the heels of the Jan. 6, 2021, U.S. Capitol riot and the president exiting the White House later that same month.
European nations did not attend Trump's "Board of Peace," signing at the World Economic Forum in Davis, Switzerland.
"Donald Trump’s TACO bell has rung once again, much to the joy of financial markets," one investor said Thursday.
The Senate will still have to pass the measures when it returns to Washington next week.
In 2025, Industrious increased its global footprint by 58%, now with more than 250 units open in over 100 cities.
While much of the tech sector has rallied due to the AI boom, software vendors have been laggards on concern that they'll eventually be displaced.
American CEOs have mostly avoided direct criticism of Trump's policies over the past year.
Mikayla McGhee moved to Bahrain in December 2022 after first visiting in 2020.
Consumers can use buy now, pay later plans for nearly everything these days, potentially including their rent soon.
Tesla robotaxis finally hit the road in Austin, Texas, in June after years of unfulfilled promises from Musk to deliver driverless cars.
Jim Cramer and Jeff Marks, the Club's director of portfolio analysis, on Thursday went over all 34 Club holdings during the January Monthly Meeting.
The retailer is trying to attract more store and website visits as the U.S. housing market remains sluggish and customers postpone projects.
China's record-low birth rate means that P&G has to get creative to increase diaper sales, even if fewer babies are born.
Miami represents the sixth market for Waymo, which is owned by Google parent Alphabet.
Spotify rolled out 'prompted playlist' to premium subscribers in the U.S. and Canada, which uses AI prompts and listening habits to make playlists.
Software stocks have sold off in recent months on concerns that new AI tools will upend the sector and displace their business models.
Spirit Airlines is in talks with investment firm Castlelake for a potential takeover of the discount airline, which is in bankruptcy, CNBC has learned.
Taylor said the free market will ultimately determine where the value is and which AI players have the best products.