Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing. On a “core” basis, which eliminates the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over […]

Key Takeaways After expiring at the end of last year, Nuvision Credit Union’s nation-leading 5.50% certificate returned to the market earlier this month. The 8-month CD allows deposits up to $5,000. If you want to make a bigger deposit or lock in for a different term, you can choose from 13 other CDs that pay

Wildfires have burned at least 12,000 homes, buildings and other structures in Los Angeles, according to the California Department of Forestry and Fire Protection’s latest estimates. If the L.A. wildfires have displaced or otherwise impacted you, you may qualify for natural disaster financial relief — including relief from student loan bills. Borrowers with federal student

Jakub Porzycki | Nurphoto | Getty Images Business moguls such as Elon Musk should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell.  TikTok is staring at a potential ban in the U.S. if the Supreme Court decides to uphold a national security law

US stocks ripped higher on Wednesday as high hopes for bank earnings paid off and a crucial consumer inflation update showed key prices increased less than expected in December. The benchmark S&P 500 (^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average (^DJI) rose more than 1.6%, or over 700 points. Meanwhile, the

The Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped roughly 2% after new economic data showed easing inflation, a relief to investors that also led to a decline in Treasury yields. The Dow Jones Industrial Average (DJINDICES: ^DJI) jumped over 600 points. Shares of many artificial intelligence (AI) stocks moved higher on the news. Semiconductor company Micron Technology

Eli Lilly has announced a $400m reduction in its 2024 revenue forecast, marking a 3% shortfall from its October 2024 guidance. The revised outlook, discussed at the JP Morgan Healthcare Conference 2025 on 14 January, has been attributed to stocking levels and unexpected market dynamics in Q4 2024 in the diabetes glucagon-like peptide-1 receptor agonist

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Wall Street surged Wednesday thanks to the second encouraging inflation report this week and a batch of strong bank earnings. The consumer price index, excluding

KEY TAKEAWAYS More than 2 million borrowers enrolled in the Saving for a Valuable Education (SAVE) plan live in states that are fighting to block the program. The SAVE plan is currently entangled in two significant lawsuits with Republican-led states. The uncertainty has led to forbearance for millions of borrowers. Many borrowers worry that the

US stocks rallied on Wednesday as high hopes for bank earnings paid off and a crucial consumer inflation update showed key prices increased less than expected in December. The benchmark S&P 500 (^GSPC) popped more than 1.7%, while the Dow Jones Industrial Average (^DJI) rose more than 1.6%. Meanwhile, the tech-heavy Nasdaq Composite (^IXIC) soared