Economy

A stronger dollar and rising yields: How the Fed’s rate hike could hit global markets

Higher U.S. rates could also keep global bond yields elevated and weigh on equity valuations and economic growth.

Can fish and chip shops survive? ‘We made more money by closing than staying open’

Soaring fish prices, labour costs and changing tastes all spell bad news for Britain’s chippies. Is this the end for the seaside staple – or will a few innovators succeed in keeping them alive?

Japan’s corporate leaders sound alarm over weak yen

While the Japanese yen has strengthened rapidly over the past two weeks, it remains weak in historical terms.

Oil extends losses as Saudi Arabia reportedly offers ship-to-ship crude transfers after pipeline hit

Oil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports.

CNBC Daily Open: The Fed rate hikes might not be one-and-done

The Federal Reserve waited three years to raise interest rates, but it may not wait nearly as long to do so again.

'Hostile act': Trump threatens EU with tariffs over Canada associate-membership proposal

European Commission President Ursula von der Leyen said EU is opening the door for Canada to become the first associate member of the 27-member bloc.

Thursday's big stock stories: What’s likely to move the market in the next trading session

The Dow slid more than 600 points after the Federal Reserve raised rates for the first time since 2023. Tune in to CNBC for Stephen Curry on Thursday.

Jim Cramer warns that buying stocks now means 'fighting the Federal Reserve'

CNBC's Jim Cramer said the universe of stocks to buy is narrowing following the Federal Reserve's interest rate hike.

US government paid federal employees $9.5bn not to work amid Doge cuts

GAO report shows how use paid administrative leave rose by 435% from 2023 to 2025 and incurred a sixfold cost

Investors react to Fed hike and market sell-off: Brace for 'higher for longer' rates

The 12-0 decision to raise rates Wednesday signaled to investors that the Fed is now in complete alignment in tackling inflation.

Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%

Amazon was granted warrants to buy up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers.

Trump says he still has confidence in Fed Chair Warsh, demands 1% or lower interest rates

President Donald Trump previously threatened to cut off trade with countries that have trade surpluses with the U.S. if the Fed doesn't cut interest rates.