The Fed may have new incentives in the second quarter to cut rates deeper this year.
Category: Finance News
U.S. consumer plays in China are more than coffee and iPhones. Stocks to watch
While Starbucks has warned of price competition in China and Apple tries to drum up momentum with a new store, other U.S. brands are seeing growth in the country.
Bitcoin could soar to $150,000 this year, hedge fund manager Mark Yusko predicts
Investors should have at least 1% to 3% allocated to bitcoin in their portfolios, Morgan Creek Capital Management CEO Mark Yusko says.
‘Too few college-educated men’: A look at why many women undergo egg freezing, and the costs associated with it
This Women’s History Month, CNBC took a look at the various economic, emotional and social hurdles women face when undergoing the egg freezing process.
Key Fed inflation gauge rose 2.8% annually in February, as expected
The core personal consumption expenditures price index was expected to increase 0.3% in February.
Watch CNBC’s live coverage of Friday’s key inflation data
The Commerce Department on Friday will release the February reading for the personal consumption expenditures price index.
Huawei’s profit doubled in 2023 as smartphone, autos business picked up
Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings.
The wealth of the 1% just hit a record $44 trillion
Economists say the rising stock market is giving an added boost to consumer spending through what’s known as the “wealth effect.”
Stocks making the biggest moves midday: RH, Reddit, Estée Lauder, AMC and more
These are the stocks posting the largest moves midday.
The S&P 500 is about to wrap the quarter with a 10% gain. Resist the urge to time a pullback
After five-month epic runs like this, markets tend to be higher down the line.