Economy

This metal just set a new record, boosted by AI data center demand. Citi says it’s time to 'chase the move higher'

Citigroup sees copper rising to $15,000 per metric ton, or approximately 7% above the metal's Tuesday close.

This company is giving every employee a 10% raise on their next work anniversary: 'People get more valuable the longer they stay'

Lovable, an AI software company based in Stockholm, says it will give each of its staffers a 10% pay bump on their work anniversary.

Investors poured $15 billion into more risky corners of the bond market in April. Where they're finding yield

Fixed income ETFs with a little more risk were especially attractive for investors last month as the funds continued to offer attractive yields.

New York City Mayor Zohran Mamdani's pied-à-terre property tax is moving ahead. But will it work?

New York is moving ahead with a pied-à-terre property tax in its budget. Existing taxes from around the world's major cities show the limits of the policy.

Here's what the latest pickup in Boeing deliveries means for investors

New data offers a promising sign for the metric Wall Street cares most about for a Boeing turnaround.

Trump wants gas tax relief. But slim driver savings could strain a key federal fund

President Donald Trump floated a federal gas tax suspension. If enacted, here's how that could impact consumers.

Student loan interest rates are set to rise for 2026-27: Expert analysis

Federal student loan interest rates will rise in the 2026-27 academic year, according to an exclusive analysis provided to CNBC.

Traders believe inflation could near 5% this year

Prediction market traders see two-in-three odds that inflation will go above 4.5% this year, and nearly 40% odds that prices will accelerate above 5%.

Companies start getting tariff refunds after Supreme Court decision

After the Supreme Court ruled some of President Trump's tariffs unconstitutional, the first wave of tariff refunds have begun flowing in.

Social Security COLA for 2027 may be higher as inflation rises, new estimates find

As the pace of inflation increases, that may lead to a higher Social Security cost-of-living adjustment for 2027, according to new expert estimates.

Korean stocks are coming off their best week since 2008. Where the charts signal they're heading next

Todd Gordon breaks down the charts on the high-flying Korean stock market.

The market rally takes a breather. Here are 3 reasons why

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.