Gold drifts higher, eyes on Fed Chair Warsh’s comments
By Ashitha Shivaprasad Aug 27 (Reuters) – Gold prices drifted higher on Thursday as so-called dollar debasement fears…
CNBC Daily Open: Nvidia is selling more shovels than ever in the AI gold rush
Nvidia’s logo is displayed at their headquarters on Aug. 26, 2026 in Santa Clara, California. Benjamin Fanjoy |…
Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
Prices consumers pay for a variety of goods and services rose slightly in July, according to the Federal…
Gold holds steady as investors focus on US inflation data
By Ashitha Shivaprasad Aug 26 (Reuters) – Gold held steady on Wednesday after scaling a more than three-month…
Stock market today: Live updates
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S.,…
Stock market today: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on Aug. 24,…
Trump reshuffled his portfolio in June, selling names like Meta and buying Berkshire Hathaway
President Donald Trump disclosed just over 1,000 financial transactions for the month of June in what appears to…
Bessent’s bond gambit aimed at calming markets is instead stirring inflation worries
Scott Bessent, Treasury Secretary, speaking a the CNBC Invest in America Forum in Washington, D.C. on April 15th,…
Bessent Treasury buybacks: What he could try next
Treasury Secretary Scott Bessent speaks to members of the media outside the White House in Washington, Aug. 20,…
Rising US Treasury yields put Asia back on edge
NEW YORK – US Treasury yields are pressing against their highest levels since 2007, and Asia’s policymakers know…
Inflation moderated as Intel and Nvidia fueled the AI trade in last week’s market
No surprises on inflation and new financing developments in the artificial intelligence trade drove the record-breaking action on…
AI’s costly buildout complicates the Fed’s inflation fight
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in…