The core producer price index increased a seasonally adjusted 0.8%, more than the 0.6% gain in December.
During his State of the Union address, President Donald Trump said tariffs could someday "substantially replace" the federal income tax system.
Norges Bank Investment Management manages the world's largest sovereign wealth fund.
Two recent reports predict further declines in the smartphone market in 2026, as dwindling memory supplies continue to drive up prices of consumer electronics.
Block, Jack Dorsey's payments company, will cut 6,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's the biggest story of the week.
Russian forces have controlled the Zaporizhzhia nuclear power plant since early 2022, shortly after Moscow launched its full-scale invasion of Ukraine.
The world's fastest-growing major economy expanded by 7.8% in the December quarter.
The result in a seat that Labour has dominated for nearly a century represents an embarrassing setback for the prime minister.
European markets opened mixed as more earnings reports and economic data were in focus.
Nintendo is betting on nostalgia and new gamers to drive sales of its flagship Switch 2 console and key games.
Yotta Data Services, which controls up to 70% of India’s GPU capacity, said surging demand from local AI startups and global tech firms is tightening supply.
Iran's nuclear program, enrichment of uranium and its ballistic-missle development program have been at the crux of the negotiations.
Netflix on Thursday stateside said it declined to raise a counteroffer for Warner Bros. Discovery's studio and streaming assets.
Asia-Pacific markets were set to open mostly lower Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat.
Anthropic said its negotiations with the DoD are still ongoing.
Trump's DOJ has until Friday to decide on moving a tariff refund case to the Court of International Trade, the first deadline since the Supreme Court decision.
WBD has valued Paramount Skydance's latest takeover offer as superior to a deal with Netflix, another twist in the ongoing battle for the legacy media assets.
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
CoreWeave is now sitting on a backlog of nearly $67 billion in revenue, with business from Meta and OpenAI.
The president has commanded a massive military buildup in the region, as he negotiates a new nuclear deal with Iran.