The Federal Reserve holds interest rates steady, with no immediate relief for consumers from sky-high borrowing costs
As the Federal Reserve postpones rate cutting, here’s what that means for your credit card, mortgage rate, auto loan and savings account.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January.
Don’t trust Trump’s ‘impossible’ appeal bond claims, attorney general tells judges
Trump’s lawyers “supply no documentary evidence that demonstrates precisely what real property they offered,” to potential bond insurers, the AG’s office wrote.
Reddit power users balk at chance to participate in IPO as Wall Street debut nears
Reddit is inviting some users to participate in its IPO this week, but moderators told CNBC that they’re not taking the company up on its offer.
Weekly mortgage demand drops as interest rates rise again, but Fed announcement will be key for spring market
Mortgage interest rates rose last week for the first time in three weeks.
FDA says safety issues with China-made syringes are ‘more widespread’ than previously known
CNBC reviewed FDA data that shows major medical manufacturers are distributing the syringes made in China.
Chubb ended Trump fraud bond talks after backing E. Jean Carroll appeal bond, court filing says
Lawyers for Donald Trump contacted Warren Buffett’s Berkshire Hathaway, Chubb and many others seeking an appeal bond for Trump’s $454 million fraud judgment.
Microsoft hires DeepMind co-founder Mustafa Suleyman as CEO of new AI unit
Suleyman was part of DeepMind, one of the world’s top artificial intelligence research labs. He’s becoming a top leader at Microsoft after running a startup.
Nvidia’s latest AI chip will cost more than $30,000, CEO says
Nvidia’s next-generation graphics processor for artificial intelligence, called Blackwell, will cost $30,000 to $40,000 per unit, CEO Jensen Huang told CNBC.
Wall Street optimism on stocks is at its highest level since early 2022, BofA survey shows
Sentiment among 226 market pros showed optimism at its highest level since January 2022.
