Expectations for inflation and spending hit record levels in May, New York Fed survey shows
Consumer expectations for inflation and spending in the year ahead both hit record levels in May, the New York Federal Reserve reported Monday.
CNBC US News
How we are choosing America’s Top States for Business in 2022
Seismic shifts in the economy including worker shortages, inflation, and social unrest are changing the equation in CNBC’s ranking of top states for business.
Diseases suppressed during Covid are coming back in new and peculiar ways
The Covid-19 pandemic has abated in much of the world. But in its place have emerged a series of viruses behaving in new and peculiar ways.
Jan. 6 Capitol riot committee members are tightlipped on what to expect in this week's hearings
The second public hearing on the Jan. 6 probe is slated to begin at 10 a.m. ET on Monday.
'Jurassic World: Dominion' nabs $143.3 million in domestic opening, 'Top Gun: Maverick' adds $50 million
"Jurassic World: Dominion" roared to the top of the domestic box office over the weekend, generating more than $143 million in ticket sales during its debut.
Apple's newest homegrown chips present a fresh challenge to Microsoft's Windows business
Apple could gain share from Microsoft Windows in PC shipments after announcing its new and more powerful M2 processors.
QuantumScape promised a revolutionary EV battery. Here's why investors are still waiting
A run in QuantumScape's stock at the end of 2020 gave the solid-state battery maker a $54 billion valuation. But the hype appears to have all but dried up.
Amazon is flying internet influencers to luxurious resorts in bid for social media clout
Amazon hosted more than a dozen internet starts at a resort in Mexico last month and is stepping up its efforts to lure social media influencers.
Strong inflation, anxious consumers add up to more worries that recession has already arrived
The case that a recession is looming over the U.S. got stronger Friday amid blistering inflation and historic lows in consumer sentiment.
Inflation rose 8.6% in May, highest since 1981
The consumer price index for May was expected to increase 8.3% from a year ago, according to Dow Jones estimates.
U.S. drops Covid testing requirement for international travelers
The U.S. will no longer require travelers to show proof of a negative Covid test before boarding flights to the country.
Scientists find microplastics in fresh Antarctic snow for the first time
The discovery highlights the extent of global plastic pollution as even the remote region of Antarctica experiences contamination.
Some monkeypox patients also have sexually transmitted diseases, CDC says
CDC Director Rochelle Walensky said some patients with monkeypox also had syphilis, herpes, gonorrhea or chlamydia infections.
Jan. 6 probe's first hearing accused Trump of fueling election conspiracy. Here's what's coming next
Cheney suggested the next hearings will focus on different parts of a "seven-part plan," overseen by Trump, to stop President Joe Biden from taking office.
Apple CEO Tim Cook pushes for privacy legislation 'as soon as possible' after visit to Congress
Apple CEO Tim Cook wrote a letter to Congress a day after he appeared on Capitol Hill and met with lawmakers.
'Start investing': Biden jabs Exxon Mobil for high fuel costs in inflation speech
President Joe Biden slammed Exxon Mobil on Friday for what he described as the oil giant's greedy reluctance to produce more petroleum.
DocuSign shares plunge 24% on profit miss and downgrades
The company on Thursday reported weaker-than-expected earnings for its fiscal first quarter, and gave disappointing billings guidance for fiscal 2023.
The next frontier for buy now, pay later is plastic
As Apple aims to replace everything in your physical wallet, BNPL rivals are trying a new tactic to lure consumers, and it looks a lot like an old credit card.
Job cuts hit cybersecurity industry despite surging growth from ransomware attacks
At the RSA Conference this week, security software companies were grappling with soaring attacks and the new realities of the capital markets.
Big landlords jump into the homebuilding business as demand for single-family rentals surges
Big publicly traded landlords are fast becoming homebuilders, as the supply of homes for rent drops and demand surges.
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