General News
Latest news from around the World.
Inflation is squeezing American consumers and the Fed's latest report shows it's getting worse
Federal Reserve Beige Book finds inflation rising at a strong pace across most districts, driven by energy costs tied to the Middle East conflict.
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The 2 types of inflation the Fed can't control — and how Congress must protect your wallet
As permanent supply shocks drive up Americans' grocery and gasoline prices, lawmakers need to take a stand,
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Months after the Supreme Court struck down President Trump's most sweeping global tariffs, the administration said it would levy new tariffs using a different legal mechanism
Will the administration's new attempt to impose broad tariffs stick?
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President Trump Is Perturbed, And I Am Even More So
The evolving Middle East conflict is entering a more complex, less US-controlled phase, raising uncertainty for markets heading into the second half of 2026. US-Israel alignment is fraying, with President Trump signaling reduced US military involvement while Israel continues aggressive operations in Lebanon and Iran.
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Is the Fed worried about inflation as Strait of Hormuz remains closed?
Federal Reserve Bank of New York President John Williams speaks with Yahoo Finance Senior Reporter Jennifer Schonberger about the US central bank's outlook on inflation and the ripple effects of elevated energy prices. The Fed's next FOMC meeting will take place from June 16 to 17.
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AI Data Centers Are Driving a Battery Boom and a Stock Rally
Tech companies and utilities are rushing to build multi-acre battery installations for AI data centers and other uses.
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U.S. Confronts The Hidden Risk Of Chinese Circuit Boards Fundamental To AI Chips
Printed circuit boards sit underneath nearly every chip, a quiet but crucial piece of the booming AI market. But they're also a growing problem for the U.S., because nearly all AI circuit boards, for Nvidia, Google, Apple and others, are made in China.
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Dow drops 620 points as oil surge and Iran tensions hit stocks
US stocks closed lower on Wednesday as rising oil prices, climbing Treasury yields, and renewed tensions in the Middle East weighed on investor sentiment, ending the S&P 500's nine-session winning streak. The Dow Jones Industrial Average fell 620.72 points, or 1.21%, to 50,687.07.
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Logan: Fed May Need to Hike Interest Rates This Year to Confront Inflation
Dallas Fed President Lorie Logan gave one of the most direct warnings yet from a U.S. central banker that the Federal Reserve may need to tighten monetary policy.
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Iran Clashes Spook Stocks
Fresh hostilities hit stocks. Oil prices rose on Wednesday while stocks generally fell, as clashes in the Middle East picked up and the conflict showed no signs of being near a ceasefire.
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Everything to Know About the New U.S. Tariffs and What They Mean for Companies
The Trump administration has been signaling it plans to rebuild its tariff policy after the Supreme Court deemed its global levies illegal.
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Energy Costs Continue to Feed Inflation, Fed's Beige Book Shows
U.S. businesses endured another month of energy-driven price increases and economic uncertainty in the third month of the Iran conflict, according to a recent survey from the Federal Reserve.
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Tech Sector Nearing 40% of SPX & Finding Balance in Portfolio Picks
Todd Sohn discusses tech's impact on the overall market, noting the sector now makes up about 40% of the S&P 500 (SPX) and is becoming a dominant part of portfolios everywhere. As a way to balance your portfolio, Todd tells investors to consider investments in healthcare and energy sectors as a way to balance the tech surge.
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Trump Proposes New Tariffs of at Least 10%
The US is proposing new tariffs of at least 10% on imports from 60 trading partners following an investigation into goods allegedly produced by forced labor, as President Donald Trump seeks to rebuild the sweeping tariff wall struck down by the US Supreme Court. Bloomberg's Ros Mathieson reports.
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‘Squeezing more life out of every dollar': How inflation is forcing a new reality on American families and amplifying the economy's ‘K shape'
Inflation surged throughout the U.S. economy in late April and May, forcing Americans to try to adjust quickly to a new phase of reduced spending power, according to the Federal Reserve's latest report on economic conditions around the country known as the “beige book.”
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DoubleLine's Cohen Warns of AI Bubble Coming to Credit
Robert Cohen, director of global developed credit at DoubleLine, says artificial intelligence debt will almost certainly reach bubble levels during a panel at the Bloomberg Global Credit Forum in New York.
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Ray Dalio on US Debt, AI Bubble, Bond Markets
Bridgewater Associates Founder Ray Dalio says the debt burden has passed a "point of no return." He speaks with Bloomberg's Dani Burger at the Forbes Iconoclast Summit in New York City about the bond market, a weaker dollar driving gold demand, and AI bubble concerns.
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Consumer Stocks Have Fallen Behind. These Retail Names Still Stand Out.
UBS says the best consumer stocks share a handful of traits, including strong growth, solid returns, and an ability to exceed expectations. Viking Holdings, TJX, and Amazon are among its favorites.
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Fed Beige Book Shows Steady Employment, Higher Inflation
Most Fed districts reported higher inflation than in the previous report, driven primarily by the impact of the war in the Middle East on energy prices, according to the US central bank's Beige Book survey of regional business contacts. Stuart Paul reports on Bloomberg Television.
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Historic stock rally faces key test
Two key tech companies reporting earnings after the bell could determine the next move higher or lower.
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