U.S. inflation data in the coming week will be closely watched as investors gauge how likely it is that the Federal Reserve will raise interest rates this year. In Europe, focus will be on a European ...
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 ...
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 ...
First up is the Consumer Price Index (CPI), which will be released by the Bureau of Labor Statistics on Wednesday, June 10, at 8:30 a.m. ET. The headline CPI rose 3.8% year over year in April, which ...
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 ...
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 ...
TWIN FALLS, Idaho — Everybody House is the very first nonprofit selected for The 208 Way, a nonprofit micro-giving campaign. The nonprofit organization works to feed anyone in need in the Twin Falls ...
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 ...
NASHVILLE, Tenn. (WSMV) - Cities across Middle Tennessee are considering limits on where data centers can be built as leaders work to protect residential neighborhoods from industrial-scale facilities ...
In the final hectic days of the legislative session, data centers, redistricting and algorithmic pricing vie for New York State lawmakers’ attention. By Grace Ashford and Benjamin Oreskes Reporting ...
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 ...