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U.S. trade in goods deficit widens 2.6% in January
The numbers: The U.S. trade deficit in goods widened 2.6% to $90.2 billion in January, according to the Commerce Department’s advanced estimate released…
Crypto exchange Gemini to pay $1.1 billion back to customers
Gemini Trust, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss, will return at least $1.1 billion to customers of its…
Fed’s Collins wants to see inflation cool in more categories before supporting rate cuts
The slowing of inflation must broaden out to other sectors before it will be appropriate to ease policy, Boston Fed President Susan Collins said Wednesday.…
This market rally is nearly unprecedented. Can it last?
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen…
Fed’s Williams said he’s ‘very focused’ on getting inflation back to target
Like a lunar rocket, inflation has shot up and come back down but has yet to land safely, New York Fed President John Williams said Wednesday. “While we’ve…
First on CNN: White House pens letter to Fox News executives calling on network to retract bogus FBI informant claims
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media…
Meta accused of ‘massive, illegal’ data processing by European consumer groups
European consumer rights groups have accused Meta, the owner of Facebook and Instagram, of carrying out a “massive” and “illegal”…
US consumer confidence soured in February for the first time in three months
Americans’ attitudes toward the economy soured in February after a three-month streak of improving moods, according to The Conference…