CNBCBusiness
Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.
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CNBCBusiness
Home heating oil prices are soaring — and users' winter bills could rise 21%, federal outlook shows
A tight global diesel market is driving up heating oil prices, with households in the Northeast facing the biggest impact.
CNBCBusiness
World Bank warns of AI concentration risks as it lifts East Asia and Pacific growth outlook to 4.5%
The World Bank now expects the region to grow 4.5% this year, but flagged that trade growth outside AI-related goods has been "weak or negative."
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