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The Office for National Statistics announced inflation figures Wednesday as the U.K. undergoes a historic cost-of-living crisis and political turmoil. Westend61 / Getty Images LONDON — The consumer price index rose 10.1% in September, according to estimates published Wednesday by the Office for National Statistics, just exceeding a consensus forecast among economists polled by Reuters.

The EU is working on new measures to mitigate gas prices. Donato Fasano | Getty Images News | Getty Images LONDON — The European Union is working on new measures to prevent extremely high gas prices after “excessive” levels seen this summer, in a move that could have major implications for European consumers. The European

Putin’s war on energy is testing solidarity between EU nations Contributor / Contributor / Getty Images Russia’s continuing war in Ukraine is causing a “very, very challenging” situation in Europe, which is testing its countries’ solidarity not only in how they react to Putin’s aggression, but also in how they deal with the aftereffects. The

In this article STLA-IT Follow your favorite stocksCREATE FREE ACCOUNT The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images The CEO of Stellantis told CNBC Monday that the company would use its own sites to generate half

The world’s biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style “bank run.” Justin Tallis | AFP via Getty Images Tether, the world’s largest stablecoin, has slashed back its commercial paper holdings to zero, replacing them with U.S. Treasury bills instead, according to a blog post. The

We reviewed our Bullpen stocks during the Investing Club’s October “Monthly Meeting” on Thursday. The Bullpen is a collection of companies we actively monitor for their potential to be added in Jim Cramer’s Charitable Trust, which is the portfolio we use for the Club. Here’s a quick look the seven stocks and our latest thoughts

Russia is a dominant player in the global nuclear market. Anadolu Agency | Anadolu Agency | Getty Images Russia’s nuclear fuel industry remains conspicuously untouched by European sanctions more than seven months into the Kremlin’s war in Ukraine — much to the dismay of Kyiv officials and environmental campaigners. Despite eight rounds of sanctions, targeted

Even though WTI crude just saw its worst week in more than two months, the oil trade may have more juice left in the tank. Mirae Asset Securities’ Chris Hempstead told CNBC’s “ETF Edge” that he sees the Russia-Ukraine war fallout and OPEC+ oil cuts as key bullish catalysts for oil. “If you look at

In this article ALB Follow your favorite stocksCREATE FREE ACCOUNT SILVER PEAK, Nev. — On the edge of Western Nevada, hours from a major city and miles down private dirt roads, lies the United States’ only lithium-producing plant. The nearest town is Tonopah — population 2,179 — where a prospector discovered silver at the turn

Activists of “Just Stop Oil” glue their hands to the wall after throwing soup at a van Gogh’s painting “Sunflowers” at the National Gallery in London, Britain October 14, 2022.  Just Stop Oil | Reuters LONDON — Two activists from campaign group Just Stop Oil were arrested Friday after throwing tomato soup on Vincent Van

In this article HMC 7267.T-JP 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. Kiyoshi Ota | Bloomberg | Getty Images The Sony-Honda joint venture focused on electric vehicles plans to begin deliveries to

US President Joe Biden being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman at Alsalam Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. Anadolu Agency | Anadolu Agency | Getty Images DUBAI, United Arab Emirates — The Biden administration asked Saudi Arabia, the de-facto leader of oil producer group OPEC, to delay

US President Joe Biden and Saudi Crown Prince Mohammed bin Salman arrive for the family photo during the Jeddah Security and Development Summit (GCC+3) at a hotel in Saudi Arabia’s Red Sea coastal city of Jeddah on July 16, 2022. Mandel Ngan | Afp | Getty Images President Joe Biden is angry at Saudi Arabia

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Stocks rise despite hot inflation report We’re buying more shares of EL Quick mentions: PG, PXD, AMZN 1. Stocks rise despite hot inflation report Stocks rose on Wednesday despite a

Employees work on bitcoin mining computers at Bitminer Factory in Florence, Italy. Alessandro Bianchi | Reuters Software used in bitcoin mining just got its first upgrade since late 2012, and a coalition of companies including payments giant Block (formerly Square) is trying to help push the open-source protocol forward to become an industry standard. The

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. The defensives are the only place to be Semis and U.S.-China tensions Quick mentions: META, STZ 1. The defensives are the only place to be Stocks edged down Tuesday, while

In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT This image, from July 2021, shows a Citroen e-C4 electric vehicle on display at a showroom in Paris, France. Citroen is a brand of Stellantis, one of the world’s biggest automakers. Benjamin Girette | Bloomberg | Getty Images Stellantis is turning to Australia as it

Mayor of Houston, Texas, Sylvester Turner speaks during a news conference at the 90th Winter Meeting of United States Conference of Mayors (USCM) on January 19, 2022 in Washington, DC. Alex Wong | Getty Images Houston Mayor Sylvester Turner this week described progress the city is making toward curbing planet-warming emissions and building storm resilient

Heidi Gutman | CNBC Ahead of the release of the latest consumer price index reading this week, Allianz Chief Economic Adviser Mohamed El-Erian told CBS’ “Face The Nation” Sunday that he predicts headline inflation “will probably come down to about 8%,” but that core inflation “is still going up.” Core inflation is what measures the

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Stocks teeter Selling high, considering buying Quick mentions: LLY, COST 1. Stocks teeter Stocks swayed on Thursday after starting the week with sharp gains that puttered out by Wednesday. The