The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
Category: Finance News
Stocks making the biggest moves premarket: Super Micro Computer, Cracker Barrel, Nike and more
These are the stocks posting the largest moves in the premarket.
SpaceX staff unite for lower fees: Here’s what to know
CNBC’s Robert Frank joins ‘Squawk Box’ to discuss the latest news from SpaceX.
Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
Beijing escalating AI espionage to catch up with the U.S. on tech, cybersecurity firm says
U.S. cybersecurity giant CrowdStrike said China-based entities made over half of state-sponsored cyberattacks on tech firms for artificial intelligence assets.
Kalshi trading in ‘perps’ crosses $1 billion in volume within a week of launch
A spokesperson for the company said that the product is the fastest growing in the prediction market platform’s history.
The May inflation numbers are due out Wednesday morning. Here’s what to expect
If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.
JPMorgan Chase plans to deploy more powerful AI agents this year
JPMorgan Chase’s move suggests long-running AI agents are close to clearing the security and governance hurdles that have slowed adoption inside big companies.
SpaceX employee group creates low-fee wealth management option with Choreo for post-IPO
The deal marks a bold experiment in the wealth management industry that could shift the balance of power from advisory firms to wealthy groups of investors.
Stocks making the biggest moves premarket: GSK, Nuvalent, J.M. Smucker, SailPoint and more
These are the stocks posting the largest moves in early trading.