Mitch McConnell says Trump's trade war will raise prices: 'Tariffs are bad policy'
Mitch McConnell and Donald Trump have had a rocky relationship since their falling out over Trump's loss to Joe Biden in the 2020 presidential election.
2025 › February › 12
84 days ago
1 in 3 Americans have 'layoff anxiety' — here's how to combat it
Workers feel a disproportionately high degree of layoff anxiety, reports show. But there are ways to use that fear to better position yourself in the job market.
Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'
A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday.
Asia-Pacific markets mostly rise as investors assess Trump tariff impact
India is slated to report its inflation data for January. SoftBank Group's third-quarter earnings fell short of analysts expectations.
CNBC Daily Open: Tesla wobbles as BYD gets ahead in self-driving and Elon Musk is everywhere
Investors seem to be growing worried that Elon Musk, for all his business acumen, is getting distracted, with his fingers in too many pies.
SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.
CVS shares pop 15% on big earnings beat, even as high medical costs drag down insurance unit
It caps off the first full quarter with David Joyner, a longtime CVS executive, as CEO of the troubled retail drugstore chain.
Europe stocks close higher after hotter-than-expected U.S. inflation print; Heineken up 14%
European markets closed slightly higher on Wednesday as global markets assessed the latest inflation reading out of the U.S.
10-year Treasury yield shoots above 4.6% after hot CPI report
U.S. Treasury yields rose on Wednesday after the January consumer inflation report.
Trump says interest rates should be lowered to go 'hand in hand' with his tariffs
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
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