Going to the grocery store isn’t getting any cheaper. Rising food costs helped push inflation higher again last month, despite a drop in gas prices. The food index alone rose 11.4% over the past year, according to the latest consumer price index figures — marking the biggest 12-month jump since May 1979. …

Here are the most important news items that investors need to start their trading day: 1. Railway strike averted With the deadline for a deal fast approaching, President Joe Biden announced a tentative labor agreement early Thursday to avert a national railway strike. A strike would have caused a major …

Check out the companies making headlines before the bell: Union Pacific (UNP), CSX (CSX), Norfolk Southern (NSC) – Rail stocks are all higher in the premarket following news of a tentative agreement that prevents a rail workers’ strike. CSX – which also named former Ford Motor (F) President Joe Hinrichs …

In 2019, one tweet sparked the beginnings of Paulana Lamonier’s small business. When she tweeted that she wanted to teach 30 Black people how to swim in Long Island, New York, the response was overwhelming: She got hundreds of requests for lessons from all over the country. There are still …

President Joe Biden announced Wednesday the release of the first round of funding for a nationwide electric vehicle charging network, financing the construction of stations in 35 states. “I’m pleased to announce that we’re approving funding for the first 35 states, including Michigan, to build their own charging infrastructure throughout …

Ethereum’s biggest-ever upgrade just took effect, in what industry experts are calling a game changer for the entire crypto sector. Thus far, all signs suggest the so-called merge — which is designed to cut the cryptocurrency’s energy consumption by more than 99% — was a success. The overhaul to the …

Iran will need sanctions to be lifted if it hopes to strengthen economic ties with China — and that can only come with a successful nuclear deal, one analyst told CNBC. Iran, which has business dealings with China, currently faces a slew of U.S. that’s devastated its economy. On Thursday, …

Fizkes | Istock | Getty Images There’s good news for the millions of people with federal student loans who’ve made payments on that debt during the Covid pandemic: many of them will be eligible to get the money back. The U.S. Department of Education says that many borrowers eligible for …

SAN JOSE, Calif. – Gov. Gavin Newsom said political attack ads he’s funding that are running in Florida and Texas are retribution for the Republican-backed recall against him. “It’s literally me taking advantage of the moment that I’m in,” Newsom said in an exclusive interview with CNBC. “I had to …

CNBC’s Jim Cramer on Wednesday said that investors urging traders to exit the market while they still can are about a year too late. “I’m done with all the ‘now is the time to get out’ calls — where the heck were you 10 months ago when it mattered? It’s …