CNBC Daily Open: U.S. consumers think inflation will shoot up in the year ahead
The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of ...
NBC Los Angeles11h
CNBC Daily Open: U.S. consumers are feeling bad and expect inflation to spike
The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of ...
CNBC Daily Open: A muted inflation report for February supported markets even as the trade war heats up
Cooler-than-expected U.S. inflation soothed investors, but U.S. President Donald Trump’s 25% tariffs on steel and aluminum ...
CNBC11d
Are travel credit card rewards susceptible to inflation?
Inflation, or the decrease in purchasing power of your dollars, is a hot topic of conversation right now, and it can also apply to your travel rewards. With a surge in demand for travel ...
CNBC21d
How to stop inflation from breaking your heart this Valentine's Day
If you're excited (or resigned) about the impending arrival of Valentine's Day, there's one wrinkle to this year's holiday you'll have to deal with — inflation. High prices have helped 41% of ...
S&P 500 closes higher on soft inflation report; Nasdaq jumps 1% as traders snap up tech shares
The tech-heavy benchmark added 1.22% and closed at 17,648.45, while the S&P 500 gained 0.49% to end at 5,599.30. The Dow ...
Cooler inflation isn't enough to save stocks from fresh tariff threats
Treasury Secretary Scott Bessent on Thursday also reiterated the administration's position that it's willing to tolerate ...
CNBC12d
When will interest rates go down again?
The Federal Reserve's Federal Open Market Committee (FOMC) declined to adjust interest rates after its first meeting of the year on Jan. 28 and 29, 2025. Starting in September, the FOMC lowered ...
CNBC24d
Pros and cons of Fed raising interest rates in today's economic conditions—and how you can benefit
The Federal Reserve raised its benchmark interest rate by 0.75 percentage point on Wednesday — the biggest hike since 1994 — to try to curtail today's record-high inflation. While the Fed is ...
CNBC23d
Understanding the federal funds rate: What it is and how it affects your wallet
Below, CNBC Select explains how and why the Federal ... If the Federal Reserve is successful in bringing inflation down, it might decide to begin lowering the federal funds rate at some point ...
CNBC24d
The Fed increased interest rates again — here's why you should save more and pay off debt in response
The Fed has repeatedly raised rates in an effort to corral rampant inflation that has reached ... debt have become more appealing. Below, CNBC Select dives into what you should do with your ...