Customers at the GasWay Xpress Mart at 1120 Erie Blvd. pump gas on Wednesday, Dec. 3, 2025, in Schenectady, N.Y. Lori Van Buren | Albany Times Union | Hearst Newspapers | Getty Images Holiday road-trippers are feeling some relief at the pump this year. The average price of unleaded gasoline in the U.S. has been…
People hold shopping bags as they make their way through Herald Square in New York, Dec. 11, 2025. Angela Weiss | AFP | Getty Images Americans are slightly more bullish about 2026, according to a New York Federal Reserve survey released Thursday. The central bank’s monthly Survey of Consumer Expectations found that consumers expect inflation to be…
A photograph shows a sign at the Congress Centre on the opening day of the World Economic Forum annual meeting in Davos, Switzerland, Jan. 16, 2023. Fabrice Coffrini | AFP | Getty Images Global power rivalries and strategic standoffs top the list of most severe near-term risks heading into 2026, according to the World Economic…
Labor market weakness, uncertainty about inflation and political pressure will push the Federal Reserve to lower interest rates aggressively in the early part of 2026, according to Mark Zandi, chief economist at Moody’s Analytics. Though markets and Fed officials themselves see only modest easing in the year ahead, Zandi expects the central bank to enact…
CNBC’s senior personal finance correspondent Sharon Epperson joins Power Lunch to discuss how tax changes fit into investment planning for 2026. Source link
Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and equities trading. Here’s what the company reported: Earnings: 98 cents per share vs. 96 cents expected, according to LSEG Revenue: $28.53 billion vs. $27.94 billion expected The company said profit rose 12% from a year earlier…
Downtown Amsterdam Jacobh | E+ | Getty Images Euro zone inflation stood at 2% in December, flash data from Eurostat showed on Wednesday. Economists polled by Reuters had expected the inflation rate to cool to 2%, in line with the European Central Bank’s (ECB) target. In November, the inflation rate stood at 2.1%. Core inflation,…
Ascent/ Pks Media Inc. | Photodisc | Getty Images Many Social Security beneficiaries will soon receive their first benefit checks for 2026. Jan. 14 marks the earliest date beneficiaries can receive January payments, depending on the Social Security Administration’s schedule based on date of birth. Those checks will include a 2.8% benefit boost, thanks to…
Netflix is likely to amend its offer for Warner Bros. Discovery’s assets, making an all-cash bid, CNBC’s David Faber reported on Wednesday. In December, Netflix reached a deal to purchase WBD’s streaming platform HBO Max and the Warner Bros. film studio in a transaction comprised of cash and stock. The deal is currently valued at…
A “Join Our Team” flyer at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Wednesday, Oct. 1, 2025. Allison Joyce | Bloomberg | Getty Images Private sector job creation turned positive in December though at a bit softer pace than expected, payrolls processing firm ADP reported Wednesday. Companies added…