Fed Dissenters Argue Rate Hikes Are Needed to Fight Inflation

Three Federal Reserve officials broke ranks to push for rate increases, signaling growing internal pressure to act more aggressively on inflation.

China Industrial Profit Growth Slows in June Amid Oil Price Drag

China's industrial profit growth decelerated in June as falling oil prices eroded earnings momentum after a strong early-year rebound.

Cocoa Prices Are Falling, But Chocolate Costs Stay High

Cocoa commodity prices have eased, yet consumers aren't seeing relief at checkout. Here's why chocolate remains expensive.

Americans' Economic Outlook Hits Post-Pandemic Low as Trump Takes Blame

Public confidence in the economy has fallen to its lowest point since the pandemic era, with voters increasingly holding Trump responsible, a CNBC survey shows.

Canada Manufacturing and Wholesale Trade Data Miss Before BoC Decision

Canada's May manufacturing and wholesale trade figures disappointed expectations, arriving just hours before the Bank of Canada's rate decision.

Warsh Vows Fed 'Regime Change' to Eliminate Inflation Burden

Fed chair contender Kevin Warsh pledges a fundamental shift in monetary policy to conquer inflation he calls a hidden tax on Americans.

June CPI Rises 3.5% Annually, Beating Inflation Forecasts

Consumer prices climbed 3.5% year-over-year in June, undercutting the 3.8% forecast as easing energy costs provided relief.

June CPI Surprises Sharply Lower, Boosting Fed Rate Cut Hopes

US inflation fell to 3.5% in June, well below forecasts, as energy, shelter, and core services all cooled significantly.

World Cup Semifinals Spark Late Travel Surge to U.S. Host Cities

Tournament demand is peaking at the semifinal stage, with the biggest spenders arriving just now in U.S. host cities.

June Inflation Cools to 3.5% as Energy Prices Pull Back

Consumer prices rose less than expected in June, with easing energy costs helping slow the annual inflation rate to 3.5%.

June CPI Report Takes Center Stage as Oil Prices Surge

US inflation data lands under heightened scrutiny as renewed US-Iran tensions push crude prices sharply higher, forcing markets to reassess the Fed's rate path.

Kevin Warsh Vows Fed 'Regime Change' to Tackle Inflation Burden

Fed chair nominee Kevin Warsh pledges a policy overhaul to defeat inflation he calls a 'tax' on Americans.

US Inflation Eased to 3.5% in June 2026, Ending Recent Rise

The consumer price index climbed 3.5% year-over-year in June, marking a slowdown after months of consecutive acceleration.

June CPI Drop Dims Prospects for Federal Reserve Rate Hikes

U.S. consumer prices fell 0.4% in June, a cooling trend that reduces pressure on the Fed to raise interest rates further.

June 2026 CPI Rises 3.5%, Marking a Slowdown in Inflation

Consumer prices climbed 3.5% year-over-year in June 2026, breaking a streak of accelerating inflation in recent months.