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Finance

3 forces driving a record week for stocks as 7 portfolio names hit new highs

June 28, 20250

It's been a week of records for the U.S. stock market — and for several stocks in the CNBC Investing Club's portfolio. The S & P 500 jumped t...

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Economy

Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows

June 28, 20250

Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve's target, according t...

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Earnings

Nike says tariffs will cost it $1 billion before price increases, supply chain shifts

June 28, 20250

Nike on Thursday said it expects sales and profit declines to moderate ahead, after the sneaker giant took its biggest financial hit yet from its...

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Business

Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon

June 28, 20250

Nike stock soared 17% on Friday after the company said the worst of its struggles are behind it, following a better-than-feared fiscal fourth-qua...

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Finance

Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street ‘alarmed’ and ‘depressed’

June 26, 20250

To say Wall Street isn't a fan of Zohran Mamdani would be an understatement.In fact, high-profile investors and business leaders in the Big Apple...

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Economy

World Bank sharply cuts global growth outlook on trade turbulence

June 26, 20250

Cargo shipping containers are loaded with cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Ger...

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Earnings

Micron reports earnings, revenue beat and issues strong forecast

June 26, 20250

Micron CEO Sanjay Mehrotra speaks before President Joe Biden delivers remarks on the CHIPS and Science Act and his Investing in America agenda, a...

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Business

Airport lounges, Europe and premium class are on the table, Southwest CEO says

June 26, 20250

A Southwest Airlines Boeing 737 MAX8 departs from San Diego International Airport to Chicago on March 4, 2025 in San Diego, California. Kevin Car...

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Finance

China doubles down on promoting yuan as confidence in U.S. dollar takes a beating

June 25, 20250

A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023.Ath...

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Economy

Fed Governor Bowman favors July interest rate cut if inflation stays low

June 25, 20250

Michelle Bowman, incoming vice chair for supervision at the US Federal Reserve, arrives for a Psaros Center for Financial Markets and Policy even...

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