Author: Editor-In-Chief
Beef fillets are displayed at Handy Market on May 14, 2026 in Burbank, California. Justin Sullivan | Getty ImagesThe recent spike in inflation is likely to worsen in the coming months, according to a Friday survey of the nation’s top economists.Consumer price inflation is expected to reach 6% in the first quarter, according to the Professional Forecaster Survey, a Blue Ribbon organization conducted quarterly by the Philadelphia Fed.In its latest forecast, three months ago, the committee pegged the expected increase in the consumer price index at just 2.7%. But that was just before the US and Israel launched an attack…
In this photo illustration, an online prediction market site’s app is displayed on an electronic device on February 25, 2026 in Chicago, Illinois. Scott Olson | Getty ImagesPrediction markets are becoming “retail’s shiny new toy,” Barclays analysts said, noting their popularity has soared compared to other speculative investments. Analysts said in a report Tuesday that the predictive platform’s monthly notional trading volume has skyrocketed since the 2024 presidential election and exploded last fall. They said prediction markets are a close competitor to leveraged exchange traded products. Leveraged trading products are high-risk investments that use bonds or derivatives to multiply returns…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Friday. Today marks Jerome Powell’s last day as Federal Reserve Chairman, marking the end of an era in central banking.Stock futures are falling this morning. The three major indexes rose yesterday and have been on a positive trend this week.Here are five important things investors need to know to start their trading day.1. Returning from BeijingOn May 14, 2026, Chinese President Xi Jinping and US President Donald Trump visited the Temple of Heaven in Beijing. Brendan Smialowski AFP | Getty ImagesPresident Donald Trump left Beijing…
Sen. Susan Collins (R-Maine) walks out of the Senate chamber after the Senate was in session overnight at the U.S. Capitol on July 1, 2025 in Washington. July 1, 2025.Andrew Harnik | Getty Images News | Getty ImagesMaine may send Sen. Susan Collins packing after this year’s midterm elections. The decision could hurt Pine Tree State’s balance sheet for years to come.Collins, the only federally elected Republican in New England, is fighting for his political life against upstart Democratic Party progressive candidate Graham Platner. Mr. Platner, an oyster farmer and military veteran, used anger directed at President Donald Trump and…
US President Donald Trump departed China on Friday after a two-day summit with Chinese President Xi Jinping.While the US government touts the victory of the bilateral trade deal, Beijing warns the US against going too far on the Taiwan issue and says the US-Israel war against Iran should never have started.Both sides have issued statements detailing the discussions between Trump and Xi, but there is only limited overlap. Two White House readouts released Thursday address issues not mentioned in the Chinese Foreign Ministry statement, and vice versa.Analyze what these issues are, what both sides said, and where they agree.About trade…
The 2026 NFL season will begin on September 9th with a Super Bowl rematch, with the champion Seattle Seahawks taking on the New England Patriots.In February, the Seahawks defeated the Patriots 29-13 to win the franchise’s second NFL title. The 2026 season opener will be held on Wednesday night in the United States, and will be the third time that teams that played in the Super Bowl will meet again in Week 1. The NFL season opens on Wednesday for the second time in league history, with nine international games played on four continents, starting with the Week 1 game…
Ford at the New York International Auto Show on April 2, 2026 in New York City.Daniel DeVries | CNBCford motor The stock has tumbled in recent days as talk of its connection to energy storage could push the stock into one of the more talked about areas of the market.The company’s shares rose 6.7% during Thursday trading, following a 13% rise the previous trading day. But before those spikes, the name hadn’t moved much this week, falling more than 2% in total from Monday to Tuesday.Stock chart iconStock chart iconFord, 5 daysEarlier this week, the company announced Ford Energy. Ford…
BEIJING, CHINA – MAY 15: U.S. President Donald Trump and Chinese President Xi Jinping visit Zhongnanhai Leadership Center in Beijing, China, May 15, 2026. Mark Schiefelbein Pool | Getty Images News | Getty ImagesUS President Donald Trump said Thursday at the end of a two-day presidential summit in Beijing that China is keen to “support” peace talks between Washington and Tehran. In an interview with Fox News on Thursday, President Trump said Chinese President Xi Jinping has denied sending military aid to U.S. forces in Iran, but has offered diplomatic assistance. “I hope the Strait of Hormuz will be open,”…
Unai Emery has said he is happy with Aston Villa’s season as he does not see his team as a top-seven side, and there were even concerns from the Spaniard that the club could be dragged into a relegation battle this season.Emery’s Villa face a crucial final week of the season against Liverpool and Manchester City in a bid to clinch a Champions League spot, with either team in next Wednesday’s Europa League final against Freiburg. However, Villa go into Friday night’s clash with Liverpool, live on Sky Sports, without a win in their last three league games, including a…
As AI models become increasingly commoditized, startups are racing to build a software layer on top of them. One interesting entrant into this space is Osaurus, an open source Apple-specific LLM server. This allows users to move between different local AI models locally or in the cloud while keeping all their files and tools on their own hardware. Osaurus evolved from the idea of Dinoki, a desktop AI companion. Osaurus co-founder Terence Pae described it as a kind of “AI-powered Clippy.” Dinoki’s customers asked him why they should buy the app if they still had to pay tokens (units of…