Something unusual is happening: The Federal Reserve is now more likely to raise rates by this summer than it is to cut them. The Atlanta Fed’s Market Probability Tracker now shows the odds of a rate hike stand at 19.2%, while the chances of a rate cut sit at 17.3%. This is a sharp reversal…
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Market Committee meeting at the Federal Reserve Board Building in Washington, DC, on March 18, 2026. Brendan Smialowski | Afp | Getty Images Hello, this is Dylan writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open….
Los Angeles Dodgers right-hander Shohei Ohtani reached back for the heater and found it, blazing a 99-mph fastball past Willy Adames for his first strikeout of the afternoon on Wednesday. For a guy who hasn’t spent much time on the mound over the past 2 1/2 years, he doesn’t seem remotely rusty. The Japanese two-way…
Inflation worries dragged the major averages down on Wednesday, with the Dow Industrials falling about 768 points to its closing low for 2026. <
A pumpjack stands at the Inglewood Oil field in Los Angeles, California on March 17, 2026. Patrick T. Fallon | Afp | Getty Images Oil prices extended gains as Middle East remains on the boil with strikes on energy infrastructure in the region fanning fears of a supply crunch. Qatar said Wednesday that Iranian missile…
With the first wave of NFL free agency in the books, many fans are asking themselves this: Is my team better or worse? Of course, the roster-building process for 2026 is far from over. The draft starts April 23. Late free-agency moves will happen. Injuries in the offseason program this spring and training camp in the…
Labubu dolls are on display at a Pop Mart store in Shanghai, China. Vcg | Visual China Group | Getty Images Collectible toy maker and IP powerhouse Pop Mart is teaming up with Sony Pictures to bring its wildly popular Labubu doll to movie theaters. The live-action and CGI hybrid film is in early development, according to a…
The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan kept its benchmark interest rate unchanged. Getty Images Asia-Pacific markets dipped on Thursday, tracking losses on Wall Street that saw the Dow Jones Industrial Average touch a new closing low for the year. The Federal Reserve held…
When we last left our new bride, Grace, at the end of 2019’s “Ready or Not,” she was smoking a well-earned cigarette, having survived a night of slaughter. She sat on a stone step as a mansion went up in flames behind her, her wedding dress ripped and caked with blood, dirt and grime (but…
Welcome to March Madness — a nickname earned through decades of chaos, where little-known programs take down the sport’s biggest brands. We call those bracket-busting teams “Cinderellas.” They’re fun to root for, but picking the right ones? That’s where things get tricky. Even with a job that revolves around studying these teams, predicting what happens…
