The July reading of the producer price index, which gauges what wholesalers pay for raw goods and materials, is set for release Thursday at 8:30 a.m. ET.
SK Hynix, the leading maker of high-bandwidth memory, is pouring $720 billion into memory factories to meet AI demand. We got an exclusive first look.
Steve Eisman is warning that the artificial intelligence boom has become increasingly dependent on the fortunes of just two companies: OpenAI and Anthropic. The investor, best known for his bet ...
Oil prices fell Thursday as investors weighed waning global demand against the ongoing supply disruption in the Middle East. U.S. West Texas Intermediate futures were down 2% at $81.61 per barrel.
Amos Hochstein, TWG Global managing partner and former Biden White House senior advisor, joins 'Squawk Box' to discuss the latest developments in the U.S.-Iran war, impact on the energy markets, who ...
Iran is set to join the BRICS New Development Bank, the country's central bank chief said Thursday. Iran would have to move through the NDB's accession process before it can become an official member ...
My top 10 things to watch Thursday, Aug. 13 1. Producer price index for July came in mostly cooler than expected , on the heels of yesterday's consumer inflation report matching expectations. Not a ...
The producer price index was flat in July compared to expectations for a 0.2% increase. Core PPI rose 0.2%, below the 0.3% forecast. PPI measures wholesale inflation and was the latest measure to show ...
Former Kansas City Fed President Esther George joins 'Squawk Box' to discuss the July PPI and CPI data, impact on the Fed's inflation fight, interest rate outlook, state of the economy, and more. Got ...
Polls and prediction markets whiffed wildly in Wisconsin on Tuesday, when a roughly 20-percentage-point underdog won a Democratic gubernatorial primary. It's the second time in just over a week that ...
A California wage exemption for goat herders expired on June 30, which could lead to a sudden spike in labor costs for companies like Western Grazers. Tim Arrowsmith, owner of Western Grazers, feared ...
Gold's spot price — or its current trading value — today as of 9:00 a.m. ET is $4,401.13 per ounce, according to CNBC's Gold/ US Dollar Spot Price. That's slightly lower than Wednesday's price, when ...