China’s biggest chipmaker SMIC posts record revenue despite U.S. sanctions
SMIC, China's largest chipmaker, is seen as a key player in Beijing's ambitions to become more self-sufficient in the semiconductor industry.
SMIC, China's largest chipmaker, is seen as a key player in Beijing's ambitions to become more self-sufficient in the semiconductor industry.
Under Armour shares are falling despite the retailer reporting fiscal fourth-quarter earnings and sales ahead of analysts' estimates.
Bostic said he anticipates hiking interest rates three or four times this year, but the central bank isn't locked into a specific plan.
Rising mortgage rates are finally taking a toll on homebuyers, who are already stretched by high home prices. As a result, demand for mortgages fell.
The consumer price index was expected to increase 7.2% from a year ago, according to a Dow Jones economist survey.
Many Americans are worried about rising prices and paying bills, a survey from eMoney Advisor finds. The results show over a third are not investing...
Workers have seen their hourly pay jump at about the fastest clip in 15 years. But high annual inflation has eaten into those raises.
Biden touted wages and forecasts for weaker price growth even after the consumer inflation report showed prices are rising at their fastest clip in 40...
Atlanta Fed President Raphael Bostic told CNBC on Thursday after the inflation report, "My views have not changed."