Wholesale prices were flat in July, below expectations for 0.2% increase
The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus.
Iran looks to ramp up economic alliance with BRICS nations as war with U.S. drags on
Iran’s central bank chief said Thursday that the country is set to join the BRICS New Development Bank.
An inside look at SK Hynix $720 billion AI-fueled buildout that's taking over South Korea
SK Hynix, the leading maker of high-bandwidth memory, is pouring $720 billion into memory factories to meet AI demand. We got an exclusive first look.
Trump-linked oil venture delays Greenland drilling plans after government warning
Greenland Energy Company and joint venture partner 80 Mile have delayed planned oil drilling in Greenland until winter 2027.
Oil prices drop as investors weigh falling demand against Middle East tensions
Oil futures retreated early Wednesday morning after prices rose overnight.
New federal rules could end mortgage escrow interest for some homeowners. States are suing to block them
A new lawsuit challenges recently issued rules from federal banking regulators that preempts state laws requiring banks to pay interest on escrow accounts.
Democrats demand Trump reveal stock managers, explain suspicious trades
Warren and Garcia said they sought answers from Trump to inform their work on potential legislation to ban presidents from owning individual stocks.
The Iran war risks bringing the G7's fastest-growing economy to a halt
The U.K. economy is showing further signs of a long-awaited rebound, but the picture is complicated by the fallout from the Iran war and high energy prices.
Wisconsin, Michigan primaries expose limits of polls and prediction markets
It's the second time in just over a week that polls and prediction markets' odds were off, following a miss in the Democratic U.S. senate primary in Michigan.
Goat herding hedge: How Susquehanna and Kalshi are helping this company offset a change in California law
A goat herding business facing higher wage costs turned to prediction market platform Kalshi to hedge and help offset the possible expense.
Easing inflation pressures, Cerebras earnings, falling Hormuz traffic and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Trump says Karoline Leavitt resigning as White House press secretary
Leavitt, the youngest White House press secretary ever, gave birth in May to a girl, her second child.
World’s largest jeweler bets on platinum despite falling silver prices, CEO tells CNBC
Pandora is moving ahead with platinum-plated jewelry as it seeks to reduce its exposure to volatile silver prices despite the metal's recent decline.
Ukraine attacks Russian grain export terminals in Black Sea, prompting warning about food markets
Ukraine has launched a heavy drone assault on warships and major Russian grain export terminals in the Black Sea port city of Novorossiysk.
Shipping giants warn ports and trucks could hold up deliveries and push up prices
Global shipping demand remains strong despite geopolitical turmoil, but port and trucking bottlenecks are increasing congestion and putting upward pressure on freight rates.
The ‘20% rule’ behind Giorgos Tsetis’ blueprint for a new kind of family office
Family offices are built to be patient with their money. Giorgos Tsetis is not.
Novo Nordisk CEO defends lawsuit against Eli Lilly: 'Competition has to be fair'
Novo Nordisk CEO defended the company's decision to sue rival Eli Lilly over its weight-loss drug advertising.
CoreWeave counters a key bear case on the AI trade. What it means for our data center stocks
CoreWeave is seeing strong demand for six-year-old Nvidia chips, helping justify all the current AI capex.
This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips
Counterpoint Research looked at the NAND segment of memory chips, which is benefitting along with the larger DRAM segment from artificial intelligence demand.
Cerebras stock plunges 14% after second earnings report following IPO
Cerebras Systems reported better-than-expected second-quarter revenue and raised its full-year guidance.
Goldman says Japan's $1 trillion of reserves leaves 'plenty of capacity' for further yen interventions
Japan has enough cash at its disposal for a couple more rounds of yen-buying on the scale of last month's intervention, Goldman Sachs says.
‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows
The Persian Strait Gulf Authority said "the Strait of Hormuz remains blocked and will not be reopened until Iran's conditions are accepted."
Inside India newsletter: Why global funds are flocking to GIFT City in Modi’s home state
Favorable regulations, a growing local investor base, and tax holidays are giving momentum to India's GIFT City.
'Nobody wants it': Lettuce prices see record-setting plunge as cyclospora spooks consumers
Lettuce prices posted their sharpest month-over-month decline on record as diners reconsider the vegetable amid the cyclospora outbreak.