The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
Ferrari CEO Benedetto Vigna on Thursday said the cost of the manufacturer's new Luce model was a fair price to pay for innovation.
CVS will add Zepbound coverage on Oct. 1, and start covering Lilly's newly approved Foundayo pill on June 1.
Oil markets remain volatile as traders struggle to interpret contradictory signals on prospects for U.S.-Iran peace agreement.
Dutch cloud provider Nebius popped in premarket trading after an ex-OpenAI employee's fund took a sizeable stake in the firm,
Mistral's semiconductor ambitions underscore the French startup's bid to control more of its infrastructure as it competes with OpenAI and Anthropic.
Spot gold prices were trading at their lowest level since late March.
BP's board on Tuesday announced the removal of Manifold due to "serious concerns" relating to governance standards, oversight and conduct.
Stocks in Asia sink and oil prices rally as the U.S. and Iran trade fresh strikes and intercept drone attacks.
Silver's rally of over 140% last year is deterring buyers in various industries and its elevated price levels are beginning to weigh on demand, UBS said.
Ferrari has endured a firestorm of criticism following the launch of its first fully electric vehicle.
European stocks are expected to open in negative territory on Thursday as investors assess the prospects of a peace deal to end the Iran war.
Brunello Cucinelli's success is tied to its ethos of choosing long-term integrity over short-term margin chasing, CEO Riccardo Stefanelli told CNBC.
The deal comes as the South Korean battery company expands its energy storage systems business in the U.S.
This comes as tensions in the Middle East escalated once again, with the U.S. military carrying out new strikes overnight in Iran.
While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.
Global markets rally as investors continue to price in Middle East de-escalation.
Chinese electric car company Nio has launched two lower-priced brands in the last two years to broaden its customer base in a sluggish Chinese consumer market.
Oil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz.
The Minneapolis Fed President warned that persistently high inflation risks becoming embedded in consumer expectations, potentially forcing tougher policy action later.
Asia-Pacific markets opened lower on Thursday as investors parse the ongoing Iran-U.S. negotiations
Indian Prime Minister Narendra Modi's appeal to curb foreign travel is proving to be a boon to the local travel industry.
The complaint from the Southern District of New York comes just over a month after another insider trading case on Polymarket.
Unmanned systems will be one of the biggest security threats and structural growth opportunities in defense over the next decade: David Petraeus
The company is tapping Dr. Roy Schoenberg, a cofounder of telemedicine provider Amwell, to replace Lindsay.
Snowflake is going deeper with Amazon's Web Services, and plans to use its Arm-based Graviton chips.
Salesforce has been hammered by investors on concern that artificial intelligence models and services will disrupt some traditional software products.
Lamborghini CEO said the automaker's decision to kill its EV to focus on plug-in hybrid electric vehicles was "the right way to go" for his company.
The White House immigration hawk and deputy chief of staff is pointing the finger in the wrong direction when he's seeking blame for the federal budget deficit.