Here’s the inflation breakdown for November 2024 — in one chart

Hispanolistic | E+ | Getty ImagesConsumers saw inflation pick up slightly in November as price increases in categories including groceries, gasoline and new cars outweighed a deceleration in others such as shelter during the month.The consumer price index, a key...

Stocks making the biggest moves premarket: GameStop, Macy’s, GE Vernova, Duolingo and more

Check out the companies making headlines in premarket trading. Macy’s — The department store chain tumbled 9% after it lowered its fiscal-year forecast. Macy’s now sees adjusted earnings coming in between $2.25 to $2.50, while prior guidance adjusted for...

China ramps up Wall Street meetings as Trump inauguration looms

Aly Song | ReutersChinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump’s planned tariffs on China.He Lifeng is one of China’s four vice...

Stocks making the biggest moves after hours: General Motors, Dave & Buster’s, GE Vernova and more

Check out the companies making headlines in extended trading: General Motors — Shares of the automotive giant popped nearly 3%. General Motors said it would no longer fund robotaxi development by self-driving car company Cruise. GM said it will instead turn its focus...

If Trump adds tariffs, ‘either way, there is a cost to consumers,’ economist says

Peter Kramer/NBC via Getty ImagesU.S. consumers would likely see prices increase if President-elect Donald Trump follows through with a plan to levy import tariffs, experts said Tuesday during CNBC’s Financial Advisor Summit.”Either way, there is a cost to...