Rates could rise more this year than the Fed has predicted, global forecasting group says – what that means for your money

I moved from India to Ireland - now making $144,000 a year

Consumers continue to feel the effects of inflation on their finances. In February, the Consumer Price Index, which tracks the cost of consumer goods and services, showed a rise of 2.4% over the past 12 months. And according to another world policy organization, the US war with Iran and its effects on the price of … Read more

CNBC Daily Open: Markets rally as Trump hints Iran war could end soon

CNBC Daily Open: Markets rally as Trump hints Iran war could end soon

US President Donald Trump visits to sign an executive order in the Oval Office of the White House in Washington, DC, March 31, 2026. Evan Vucci | Reuters Hi, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Global markets weighed down by the US-Iran conflict continued … Read more

Hiring in the US is in an epidemic decline as the job market continues to shrink

Hiring in the US is in an epidemic decline as the job market continues to shrink

Job openings in the United States have fallen to a six-year low, as demand for restaurant workers remains amid concerns about trade, immigration and the growing role of artificial intelligence (AI). Tuesday’s Job and Employment Survey (JOLTS), a monthly report issued by the United States Department of Labor, showed that job openings fell by 358,000 … Read more

While low-income consumers struggle with rising gas prices, high-income earners panic when markets drop

While low-income consumers struggle with rising gas prices, high-income earners panic when markets drop

High oil prices due to the US-Iran war are straining already strapped low-income consumers. But as rates fall, there is a sign that high earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card usage revealed that from the start of the war through March 21, … Read more

Stocks, bonds and commodities: How global markets have sold off the Iran war

Stocks, bonds and commodities: How global markets have sold off the Iran war

A trader works on the floor of the New York Stock Exchange during morning trading on March 25, 2026 in New York City. Michael M. Santiago | Getty Images Stocks, bonds, currencies and commodities have all been affected by volatility in the past month, with many stocks seeing wild swings and big losses as the … Read more

Powell sees inflation slowing, not necessarily rising due to oil scare

Fed Chair Powell: Inflation expectations appear to be fairly stable over the short term

The chairman of the Federal Reserve Jerome Powell, in a wide speech at Harvard University, said on Monday that he sees inflation expectations established despite the rise in energy prices so the central bank does not need to respond with higher interest rates. As his term leading the central bank draws to a close, Powell … Read more

Pessimism begins in Europe as the Iran war hits the economy and consumer confidence

The conflict in Iran enters its fifth week as the Houthis attack new territory

Shoppers walk past fruit and vegetable stalls at the Bauveau Market in Paris, France, on Wednesday, February 15, 2023. Bloomberg | Bloomberg | Getty Images Economic and consumer confidence fell in Europe in March, according to official data released on Monday, in the latest evidence that the war in Iran is weighing on growth and … Read more