Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due…
Oil market could enter ‘red zone’ by July as stocks dwindle: IEA chief
Fatih Birol, executive director of the International Energy Agency (IEA), at the Semafor World Economy Summit during the…
CNBC Daily Open: Nvidia posts strong quarter, AI leaders race to IPO
Jensen Huang, chief executive officer of Nvidia Corp. speaks during a Bloomberg Television interview on the sidelines of…
Mortgage rates surge to highest level since July
Growing concern over the trajectory of the Iran war has bond yields rising and mortgage rates following suit.…
Fed to hike? When traders see a rate increase coming
The Federal Reserve logo is seen on the William McChesney Martin Jr. Building in Washington, Sept. 16, 2025.…
Treasury retreat eases, traders eye highest 30-year yield since 1999
Yields on U.S. Treasurys were slightly lower early Tuesday, easing losses in the previous session as traders weigh…
Japan economy grows at annualized rate of 2.1% in the first quarter, beating expectations
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks |…
EU warns Iran war is causing stagflation shock
The EU will downgrade its growth forecast because of the “stagflationary shock” caused by the Iran war, the…
CNBC Daily Open: G7 to assess economic shock
The flags of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union…
Stock market today: Live updates
Traders work at the New York Stock Exchange on May 7, 2026. NYSE Stock futures were little changed…
G7 ministers to meet amid warning of consequences of Hormuz closure
An aerial photograph shows the Greek-flagged crude oil tanker “Asahi Princess” off the coast of the Syrian Baniyas…
Inflation rate projected to hit 6% in the second quarter, top economic forecasters say
Cuts of beef are displayed at Handy Market on May 14, 2026 in Burbank, California. Justin Sullivan |…