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WebFed has 'no choice' but to raise rates which will help its credibility: Jefferies' Richard Fisher
1+ day, 10+ hour ago (31+ words) Richard Fisher, former Dallas Fed president and Jefferies senior advisor, joins 'Closing Bell' to discuss what to expect from the Federal Reserve, the timetable for hikes and much more....
Inflation is outpacing wage growth again, squeezing Americans’ paychecks
18+ hour, 2+ min ago (574+ words) Americans face a renewed squeeze on their paychecks as inflation once again rises faster than wage growth, putting further pressure on consumer wallets. "A substantial number of Americans are worse off, their incomes are not keeping up with the price…...
Consumer sentiment fell to 47.8 in September
1+ day, 16+ hour ago (21+ words) CNBCâs Rick Santelli reports on the latest economic data to cross the tape. Consumer sentiment fell to 47.8 in September...
Markets will absorb a rate hike if the cycle is shallow, says JPMorgan's Dubravko Lakos
1+ day, 10+ hour ago (28+ words) Dubravko Lakos, JPMorgan head of global markets strategy, joins 'Closing Bell' to discuss the expectations for the Federal Reserve, how markets will react and much more....
Inflation persisted in August, potentially locking in a Fed interest rate hike
1+ day, 17+ hour ago (594+ words) Prices for a wide swath of goods and services continued to climb in August, according to a report Friday that raises the specter of a Federal Reserve interest rate hike next week. The consumer price index rose a seasonally adjusted…...
30-year fixed mortgage rate tops 7% for the first time in over a year
2+ day, 12+ hour ago (238+ words) The average rate on the popular 30-year fixed mortgage crossed over 7% on Thursday for the first time since May 2025, hitting 7.07%, according to Mortgage News Daily. That is an increase of 10 basis points from Wednesday. A basis point equals 0.01%. Mortgage rates…...
Copper is very important commodity as we look toward the future, says Freeport-McMoRan CEO
2+ day, 9+ hour ago (29+ words) CNBC Copper is very important commodity as we look toward the future, says Freeport-McMoRan CEO...
Jeremy Siegel: Equity markets will react positively to a rate cut next week
2+ day, 11+ hour ago (27+ words) cnbc.com Jeremy Siegel: Equity markets will react positively to a rate cut next week...
Friday's CPI inflation report is even more important than usual. Here's what to expect
2+ day, 11+ hour ago (300+ words) A report due out Friday morning will be the last piece of the inflation puzzle the Federal Reserve will get before making its decision on interest rates next week. The Bureau of Labor Statistics will release the August consumer price…...
Protection against inflation comes from dividend paying stocks: Bahnsen Group's David Bahnsen
2+ day, 11+ hour ago (25+ words) CNBC Protection against inflation comes from dividend paying stocks: Bahnsen Group's David Bahnsen...