The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
U.S. producer prices unexpectedly fell in March as rising energy prices were offset by a decline in the cost of services, pointing to tame inflation that supports the Federal Reserve's cautious approach to raising interest rates.
The Labor Department said on Wednesday its producer price index slipped 0.1 percent last month after dropping 0.2 percent in February. In the 12 months through March, the PPI dipped 0.1 percent after being unchanged in February.
Economists polled by Reuters had forecast the PPI advancing 0.2 percent last month and gaining 0.3 percent from a year ago.
Weak producer prices suggest overall inflation will remain below the Fed's 2 percent target for a while. Tame inflation is a key factor in the U.S. central bank's policy of gradually raising interest rates even as the labor market tightens.
The Fed hiked its benchmark overnight interest rate in December for the first time in nearly a decade and policymakers recently forecast only two more rate hikes this year.he same margin in February.
Inflation has been dampened by a buoyant dollar and cheaper oil prices. Last month, energy prices rose 1.8 percent, with gasoline prices surging 7.1 percent in what was the largest increase since May 2015.
Energy prices fell 3.4 percent in February.
Wholesale food prices fell 0.9 percent last month. Prices for services fell 0.2 percent, the first decline since October, after being unchanged in February.
A 0.5 percent drop in margins for final demand trade services accounted for more than 80 percent of the decline in prices for services.
A key measure of underlying producer price pressures that excludes food, energy and trade services was unchanged last month after edging up 0.1 percent in February.
The so-called core PPI was up 0.9 percent in the 12 months through March after rising by the same margin in February.