The personal consumption expenditures price index was expected to show a 3% core inflation rate in February, according to the Dow Jones consensus. This is breaking news. Please refresh for updates . Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
The personal consumption expenditures price index was expected to show a 3% core inflation rate in February, according to the Dow Jones consensus. This is breaking news. Please refresh for updates . Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Andrei Askirka Initial jobless claims for the week ended April 4 rose to 219 K from 203K in the previous week (revised from 202K) and above the 210K consensus, according to data released by the U.S. Department of Labor on Thursday. The four-week moving average was 209,500, an increase of 1,500 from the prior week's revised average of 208,000. Continuing claims for the week ended March 28 fell to 1...
Andrei Askirka Initial jobless claims for the week ended April 4 rose to 219 K from 203K in the previous week (revised from 202K) and above the 210K consensus, according to data released by the U.S. Department of Labor on Thursday. The four-week moving average was 209,500, an increase of 1,500 from the prior week's revised average of 208,000. Continuing claims for the week ended March 28 fell to 1.794M from 1.832M prior (revised from 1.841M) and trailed the 1.840M consensus. The advance seasonally adjusted insured unemployment rate was 1.2% for the week ended March 28, unchanged from the earlier week's unrevised rate, the DOL said . The advance number of actual initial claims under state programs on an unadjusted basis was 202,895 in the week ended April 4, an increase of 16,637 from the earlier week. Seasonal factors expected a rise of 1,828 from the previous week. More on the U.S. Economy Weak Dollar Is The Real Threat To The U.S. Stock Market The Petrodollar Trade Is Over, Dollar Tumbles - EUR/USD, AUD/USD And Dollar Index Overview Ceasefire Lifts Animal Spirits New York Fed's Williams sees core inflation remaining at ~2.5% this year, despite oil price surge From oil surge to economic slowdown: SA analysts see recession risks rising
Shortly before the Iran war, a key measure of U.S. inflation rose at an excessive pace for the third month in a row, underscoring the latest challenge to the Federal Reserve in trying to squelch stubborn price pressures.
Shortly before the Iran war, a key measure of U.S. inflation rose at an excessive pace for the third month in a row, underscoring the latest challenge to the Federal Reserve in trying to squelch stubborn price pressures.
Worawith Ounpeng U.S.'s Q4 GDP estimate was further revised to +0.5% from the second estimate of +0.7%, which compares with +4.4% in Q3, according to final data released by the Bureau of Economic Analysis on Thursday. Q4 PCE price index: +1.9% annual rate , compared to the prior estimate of +2.0% and vs. +3.5% in Q3. PCE price index, excluding food and energy: +2.7%, compared to the previous estim...
Worawith Ounpeng U.S.'s Q4 GDP estimate was further revised to +0.5% from the second estimate of +0.7%, which compares with +4.4% in Q3, according to final data released by the Bureau of Economic Analysis on Thursday. Q4 PCE price index: +1.9% annual rate , compared to the prior estimate of +2.0% and vs. +3.5% in Q3. PCE price index, excluding food and energy: +2.7%, compared to the previous estimate of +2.7% and vs. +2.9% in Q3. Q4 Corporate profits: +5.7% vs. +4.7% in Q3 Developing… Check back for updates. More on GDP U.S. Q4 GDP growth estimate revised downwards to +0.7% - BEA U.S. Q3 GDP estimate revised up a tick to 4.4% growth in update US10Y looks attractive as a hedge amid slowing GDP growth – BCA Research’s Garry Evans
Justin Sullivan/Getty Images News Chevron ( CVX ) said Thursday its Q1 production fell as much as 6% due in part to the Middle East war, similar to a disclosure from Exxon earlier this week . In an 8-K filing , Chevron ( CVX ) said it sees Q1 output averaging 3.8M-3.9M boe/day, with volumes affected by downtime at Kazakhstan's Tengizchevroil project as well as lower output from the Middle East, c...
Justin Sullivan/Getty Images News Chevron ( CVX ) said Thursday its Q1 production fell as much as 6% due in part to the Middle East war, similar to a disclosure from Exxon earlier this week . In an 8-K filing , Chevron ( CVX ) said it sees Q1 output averaging 3.8M-3.9M boe/day, with volumes affected by downtime at Kazakhstan's Tengizchevroil project as well as lower output from the Middle East, compared with 4.05M boe/day during Q4 2025. Also similar to Exxon, Chevron ( CVX ) said timing effects tied to hedging and accounting would impact Q1 results, cutting earnings and operating cash flow excluding working capital by $2.7B-$3.7B after tax, mainly downstream, although the negative impact of timing effects is expected to reverse over subsequent quarters. The company expects surging oil and gas prices will lift quarterly earnings from its upstream segment by $1.6B-$2.2B, after totaling $3.04B in Q4 2025. More on Chevron Chevron: Prolonged Iran War A Catalyst Chevron: $130-$140 Oil Is Realistic, And That's Not Good Chevron: Avoid Market Top Bargains Chevron resumes Leviathan gas production offshore Israel Five EU nations reportedly propose windfall tax on energy firms
On April 9, 2026, Red Spruce Capital, LLC disclosed a first-quarter buy of 204,567 shares of the Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) , an estimated $4.03 million trade based on quarterly average pricing. According to a filing with the Securities and Exchange Commission dated April 9, 2026, Red Spruce Capital increased its holding in the Invesco BulletShares 2027 Corporate Bo...
On April 9, 2026, Red Spruce Capital, LLC disclosed a first-quarter buy of 204,567 shares of the Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) , an estimated $4.03 million trade based on quarterly average pricing. According to a filing with the Securities and Exchange Commission dated April 9, 2026, Red Spruce Capital increased its holding in the Invesco BulletShares 2027 Corporate Bond ETF by 204,567 shares. The estimated value of this purchase is $4.03 million, based on the average closing price for the first quarter. The fund’s quarter-end position in BSCR was valued at $10.25 million. The Invesco BulletShares 2027 Corporate Bond ETF offers investors exposure to a diversified basket of investment-grade U.S. corporate bonds maturing in 2027. The fund employs a sampling approach to replicate index performance while maintaining liquidity and cost efficiency. Its defined maturity structure and focus on high-quality issuers provide a predictable income stream and targeted duration management for fixed income portfolios. Continue reading
After suspending routes due to the Iran war, the airline will instead operate more direct flights to India and Kenya Middle East crisis – live updates British Airways will offer a reduced flight schedule to the Middle East when it resumes services in July, and use the aircraft to operate more direct flights to India and Kenya. The airline has currently suspended services to the region because of t...
After suspending routes due to the Iran war, the airline will instead operate more direct flights to India and Kenya Middle East crisis – live updates British Airways will offer a reduced flight schedule to the Middle East when it resumes services in July, and use the aircraft to operate more direct flights to India and Kenya. The airline has currently suspended services to the region because of the Iran war , and plans to resume flights to Saudi Arabia’s capital Riyadh in mid-May, as well as services to Dubai, Doha and Tel Aviv on 1 July. It is cutting its Dubai flights from three-a-day to one daily flight, and reducing services to Doha, Tel Aviv and Riyadh from two to one a day. Continue reading...
Hispanolistic February Core PCE Price Index: +0.4% M/M vs. +0.3% consensus and +0.4% prior, according to data released by the Bureau of Economic Analysis on Thursday. +3.0% Y/Y vs. +2.9% consensus and +3.1% in January. PCE Price Index: +0.4% M/M vs. +0.4% consensus and +0.3% prior. +2.8% Y/Y vs. +2.8% consensus and +2.8% in January. Personal outlays: +0.5% M/M vs. +0.5% consensus and +0.4% prior. ...
Hispanolistic February Core PCE Price Index: +0.4% M/M vs. +0.3% consensus and +0.4% prior, according to data released by the Bureau of Economic Analysis on Thursday. +3.0% Y/Y vs. +2.9% consensus and +3.1% in January. PCE Price Index: +0.4% M/M vs. +0.4% consensus and +0.3% prior. +2.8% Y/Y vs. +2.8% consensus and +2.8% in January. Personal outlays: +0.5% M/M vs. +0.5% consensus and +0.4% prior. Personal income: -0.1% M/M vs. +0.4% consensus and +0.4% prior. Developing… Check back for updates. More on the US Economy Weak Dollar Is The Real Threat To The U.S. Stock Market Fed officials see higher risk in inflation and labor market, while the Iran war clouds outlook: FOMC minutes Durable goods orders fall more than expected in February
RMR Group ( RMR ) declares $0.45/share quarterly dividend , in line with previous. Forward yield 11.17% Payable May 14; for shareholders of record April 21; ex-div April 21. See RMR Dividend Scorecard, Yield Chart, & Dividend Growth. More on RMR Group The RMR Group Inc. 2026 Q1 - Results - Earnings Call Presentation The RMR Group Inc. (RMR) Q1 2026 Earnings Call Transcript Top dividend-paying real...
RMR Group ( RMR ) declares $0.45/share quarterly dividend , in line with previous. Forward yield 11.17% Payable May 14; for shareholders of record April 21; ex-div April 21. See RMR Dividend Scorecard, Yield Chart, & Dividend Growth. More on RMR Group The RMR Group Inc. 2026 Q1 - Results - Earnings Call Presentation The RMR Group Inc. (RMR) Q1 2026 Earnings Call Transcript Top dividend-paying real estate stocks stand out during geopolitical uncertainty RMR outlines $250M multifamily fundraising target while advancing deleveraging initiatives Seeking Alpha’s Quant Rating on RMR Group
Industrial Logistics Properties ( ILPT ) declares $0.05/share quarterly dividend , in line with previous. Forward yield 3.58% Payable May 14; for shareholders of record April 21; ex-div April 21. See ILPT Dividend Scorecard, Yield Chart, & Dividend Growth. More on Industrial Logistics Properties Industrial Logistics Properties Trust 2025 Q4 - Results - Earnings Call Presentation Industrial Logisti...
Industrial Logistics Properties ( ILPT ) declares $0.05/share quarterly dividend , in line with previous. Forward yield 3.58% Payable May 14; for shareholders of record April 21; ex-div April 21. See ILPT Dividend Scorecard, Yield Chart, & Dividend Growth. More on Industrial Logistics Properties Industrial Logistics Properties Trust 2025 Q4 - Results - Earnings Call Presentation Industrial Logistics Properties Trust (ILPT) Q4 2025 Earnings Call Transcript Industrial Logistics Properties: A Solid Industrial REIT Up 70% In Past Year Ilpt targets sustained double-digit rent growth through 2027 as leasing momentum accelerates Industrial Logistics Properties Q4 2025 Earnings Preview
ridham supriyanto/iStock Editorial via Getty Images If you remember, I downgraded my rating on Exxon Mobil Corporation ( XOM ) from strong buy to buy in my previous coverage . Valuation was approaching my target price, or TP, while technical caution emerged. However, the escalation of the Middle East tension and the civil unrest in Iran have changed a lot of things in the past seven weeks. XOM ben...
ridham supriyanto/iStock Editorial via Getty Images If you remember, I downgraded my rating on Exxon Mobil Corporation ( XOM ) from strong buy to buy in my previous coverage . Valuation was approaching my target price, or TP, while technical caution emerged. However, the escalation of the Middle East tension and the civil unrest in Iran have changed a lot of things in the past seven weeks. XOM benefited a lot and made another jump by 12%, justifying my buy stance before. Now, XOM has already exceeded my previous TP, so I think it's wise to pause or lighten my shares for now, even after the notable price drop yesterday. Some may be skeptical since it still justifies its trading range at a war risk premium. I understand the notion, but I will explain my points why I advise a cautious stance at this level. Technicals are still bullish, but recent overbuying signals caution. My Thoughts on the Middle East Tension It's only been a month and a half since the civil unrest in Iran escalated to a war in the region. But the impact has been massive. Oil prices skyrocketed to their two-year highs in an instant. Brent reached $112.42 per barrel, while WTI reached its highest point at $111.87 . In a nutshell, this means higher margins for oil producers. It is important to note that it is a large oil producer, and a huge portion of its business comes from upstream activities. And as you can see, the stock price rose to $172 before selling pressures began appearing. But of course, it's not purely positive because it may squeeze its downstream or refining margins if oil prices rise too fast. After all, higher oil prices mean higher costs of processing oil into refined products like fuel. With regard to its geographical exposure, XOM faces some risks because it has assets in the Middle East. In fact, it lost 6% of its global oil and gas production during Q1 2026 amid the Iran war. This might lead to lower sales volume in the first half of 2026. But I think this can still be offset by...