Business

The stubborn inflation data raised several ominous specters, namely that the Fed may have to keep rates elevated for longer or even have to hike at some point.

Intel, long the most valuable U.S. chipmaker, is now a fraction of the size of Nvidia by market cap, and smaller than Qualcomm, Broadcom, Texas Instruments, and AMD.

Even as most millennials struggle with student debt, unaffordable housing and low savings, the millennial elite are surpassing previous generations.

Fed officials expect to begin lowering rates at some point, but the timeline has shifted as inflation remains above the central bank’s target 2% rate.

Consumers showed they are still spending despite the elevated price level, with personal spending up 0.8% on the month.

The buyers would ideally like to get a deal done in May, according to sources who spoke to CNBC.

The rate of homicides against Black and Latino workers has also reached an all-time high.

The FTC accused Ring of letting hackers take control of consumer accounts, cameras and videos. The Amazon-owned company said the issue has been addressed.

Most U.S. airlines charge travelers to choose many of their seats in advance, even those that don’t come with extra legroom.

The longtime Columbia University supporter also published an op-ed on the front page of the New York Post calling on schools to stamp out antisemitism.

The 56-year-old driver was arrested for investigation of vehicular homicide.