If you’re tired of hearing about inflation, interest rates and the economy without understanding anyone explaining what it actually means for your bills, this week’s lineup is worth a quick look. New ...
With many Americans opposing the construction of giant AI data centers in their neighborhoods, some tech companies are proposing an unconventional solution: attaching mini data centers directly to ...
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...
To preface this discussion, some level of inflation (rising prices) is perfectly normal and healthy. Since January 2012, the Federal Open Market Committee (FOMC)-- the 12-person body responsible for ...
AI stocks and other technology names sold off sharply Friday after a better-than-expected jobs report raised worries about higher interest rates. The Nasdaq composite closed 4.2% lower, weighed down ...
The U.S. Bureau of Labor Statistics will publish the highly anticipated May inflation report on June 10. The Cleveland Fed's Inflation Nowcasting tool predicts that May inflation will exceed the ...
The consumer price index rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, both in line with expectations. The core CPI accelerated 0.2% for the month and ...
The Middle East war and its inflationary pressures weighed on markets Wednesday. Stock losses deepened in afternoon trading, sending the Dow industrials 953 points, or 1.9%, lower and the Nasdaq ...
This data series is part of the Center for Monetary Research. The U.S. Monetary Policy Event-Study Database (USMPD) collects high-frequency changes of interest rates and asset prices around Federal ...
Ahead of a planned IPO, SpaceX has inked a deal to rent compute capacity to Google at $920 million per month for 32 months. SpaceX announced a similar arrangement with Anthropic in May. Google parent ...