Core inflation rate slows to 3.2% in December, less than expected
Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with some mildly better news on inflation. The consumer price index…
Mortgage demand is mixed, as interest rates hit highest level since May
A completed planned development is seen in Ashburn, Virginia, on Aug. 14, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Mortgage demand started this year stronger than it did last…
Investigators comb a scorched slope to solve a mystery: How did the Palisades Fire start?
One week after the Palisades Fire rushed down a mountainside, swallowing whole communities and killing at least eight people, its cause remains unknown. The answers, when they emerge, will most…
Conflict, extreme weather and disinformation top global risks in 2025, Davos survey says
This picture taken from the Israeli side of the border with the Gaza Strip shows smoke plumes rising from explosions above destroyed buildings in the northern Gaza Strip on January…
Why it’s so hard to find starter homes in the U.S.
First-time homebuyers may struggle to find adequate starter homes when the 2025 buying season begins this spring. The homes that once gave Americans a stepping stone into real estate are…
Wildfires force Los Angeles app developer to use his own technology to navigate crisis
The wind whips embers while firefighters battle the fire in the Angeles National Forest near Mt. Wilson as the wildfires burn in the Los Angeles area, during the Eaton Fire…
Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024
Boeing 737 Max planes sit at the airport in Renton, Washington. Leslie Josephs | CNBC Boeing handed over 348 airplanes in 2024, about a third fewer than it did a…
SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership
The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter,…
Trump says he’ll create ‘External Revenue Service’ to collect tariffs, foreign revenue
U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. Jan. 7, 2025. Carlos Barria | Reuters President-elect Donald Trump on Tuesday said he will create an…
Intel to spin off venture capital arm as chipmaker continues to restructure
Intel said on Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm, the latest in a series of structural changes announced by…