Three weeks into the U.S. attack on Iran, respondents to the CNBC Fed Survey forecast oil prices to remain high for several months, inflation to increase and growth to take a modest hit. But they believe the Federal Reserve could still cut rates this year. The 32 respondents, including fund managers, analysts and economists, see…
Larissa Manoela and Josh D’Amaro, Chairperson of Walt Disney Parks and Resorts, wave to the audience after Panel Disney Experiences during Day 2 of the D23 Brazil: A Disney Experience at Transamerica Expo Center on November 09, 2024 in Sao Paulo, Brazil. Ricardo Moreira | Getty Images Disney is turning the page on a new…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 17, 2026. Brendan McDermid | Reuters Treasury yields were little changed on Wednesday as investors await the Federal Reserve’s next policy decision on interest rates, due later in the session. The benchmark 10-year Treasury yield was down by more…
Check out the companies making headlines before the bell. Nvidia — Nvidia rose nearly 1% after Reuters reported , citing sources, that the chipmaker got approval from the Chinese government to sell its H200 chips in China. The company is also reportedly preparing to make available in China a version of its Groq AI chip….
NOME, Alaska — Former reality TV star Jessie Holmes cruised to a repeat victory in the Iditarod, the roughly 1,000-mile (1,609-kilometer) sled dog race in Alaska. Holmes guided his dog team across the finish line Tuesday night in the old Gold Rush town of Nome, a Bering Sea coastal community. He pumped both fists in…
The blockbuster deal the NFL world has been waiting for is the Philadelphia Eagles inevitably moving mercurial receiver A.J. Brown. But instead, the Denver Broncos got ahead of that market, acquiring productive receiver Jaylen Waddle from the rebuilding Miami Dolphins on Tuesday. According to multiple reports, the Broncos gave up the team’s first-round selection in…
Macy’s on Wednesday gave a cautious outlook for the year ahead, despite beating Wall Street’s quarterly sales and profit expectations as its namesake brand showed signs of progress. For the fiscal year, the company – which includes its namesake chain, higher-end department store Bloomingdale’s and beauty retailer Bluemercury – said it expects sales of between…
Bain Capital has started reaching out to potential buyers for its stake in Bridge Data Centers, according to two people familiar with the matter, as the private equity firm eyes exits amid rising demand for AI infrastructure. Citigroup and JPMorgan are running the sale process and have sent out preliminary marketing materials to investors to…
New York Yankees star Aaron Judge has said that his No. 1 goal is to win a World Series, but he’s put that quest on a brief hold to captain Team USA at the World Baseball Classic. “Now that I got a USA jersey on and ‘USA’ across my chest, my main focus right now…
No rate cut at the Federal Reserve’s latest meeting is the consensus, but the tone of Chair Jerome Powell’s news conference after the decision on Wednesday is an unknown factor and could have major market implications. “If Powell starts to emphasize that inflation is a risk or any sort of mention of that could have…
