Powell faces if not the most difficult challenge of his time in office at least the trickiest.
Category: Finance News
Food inflation is killing Chipotle. Wall Street sees little way out for company if it doesn’t raise prices
Analysts are zeroing in on the potential impact of food inflation to margins and earnings.
Stocks making the biggest moves midday: Cigna, FormFactor, Meta Platforms, Microsoft, Carvana & more
These are the stocks posting the largest moves midday.
Billionaires are spending big to stop Zohran Mamdani’s NYC mayoral bid
Bill Ackman, Ronald Lauder, William Lauder, Barry Diller and Dan Loeb have all made large donations to stop Mamdani. So have several non-New Yorkers.
European Central Bank holds rates steady as economy shows resilience
Top ECB board members told CNBC this month that the easing cycle is close to, or at its end.
Stocks making the biggest moves premarket: Alphabet, Microsoft, Meta Platforms, Eli Lilly, Merck & more
These are some of the stocks posting the largest moves in early trading.
China says it’s willing to work with U.S. on TikTok — but offers few details
Beijing indicated it would work with the U.S. on addressing the future of TikTok in the country.
Xi-Trump meeting sparks optimism in China amid hope for lower tariffs and a ‘honeymoon’ in ties
As Chinese President Xi Jinping and U.S. President Donald Trump met Thursday, many people in China cheered the in-person meeting.
Trump cuts fentanyl tariffs on China to 10%, says U.S. reached rare earths deal with Beijing
Trump said he will be going to China in April, followed by a trip by Xi to the U.S. without specifying a timeline.
‘Partners and friends’: Xi strikes conciliatory tone as he meets Trump in South Korea
The high-stakes meeting comes as tensions between the world’s two largest economies have escalated this year.