Fed Governor Barr says he'll support rate hike if inflation doesn't ease
The policymaker said he's concerned about "broader price pressures taking hold" as inflation has prevailed above the Fed's 2% target.
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Used cars under $20,000 tend to sell quickly — but there are trade-offs for buyers
The share of used cars listed at under $20,000 has dropped from pre-pandemic levels against a backdrop of high inflation.
Hugging Face's new duck robot is selling fast. A Chinese chip powers it
The colorful "Microduck" robot from HuggingFace's French subsidiary Pollen Robotics has sold more than 10,000 units since launching on Thursday.
House Intelligence Committee warns of 'Black Swan' AI risks
Bipartisan lawmakers cautioned that existing safeguards may not be enough to keep up with AI's advances.
Trump Account holders may receive $250 Dell grant starting Monday, Dell Foundation says
Eligible children with Trump Accounts will start receiving the $250 Dell gift this week, according to the Dell Foundation.
Trump says U.S. growth could hit 20%. It’s happened only once since WWII
Trump argued rapid growth should not prompt Fed rate hikes, even as inflation remains above the central bank’s 2% target.
Supreme Court lets Trump build White House ballroom as lawsuit continues
Chief Justice John Roberts dissented with three liberal justices, saying, "That construction is likely unlawful."
Markets see Warsh endorsing a rate hike in September. Not everyone is convinced
The path toward the move still looks cluttered.
Trump announced a massive oil deal with Venezuela. Why it won't lower gas prices anytime soon
President Donald Trump announced Friday that the U.S. secured majority control over 65 billion barrels of Venezuela's proven oil reserves.
FTC sues Amazon, accusing the e-commerce giant of misleading advertisers
The FTC sued Amazon, alleging the company misled advertisers through a deceptive auctioning system.
Waiting for homebuying to get more affordable? Here's what to expect in 2027
Mortgage rates aren't expected to get much cheaper for homebuyers in 2027, especially if inflation stays high.
Bessent pushes back on Druckenmiller critique of bond intervention
Bessent, at a G20 finance meeting, told CNBC he spoke with Stanley Druckenmiller after his critical op-ed was published and that their conversation went "fine."