Luxury stocks fall as Iran war weighs on earnings; Hermes sinks 8%
A woman walks in front of the Gucci store on Fifth Avenue in Trump Tower on February 24, 2021 in
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Cleveland Fed President Hammack expects interest rates to stay on hold ‘for a good while’
Cleveland Federal Reserve President Beth Hammack said Wednesday that the central bank is weighing threats to both inflation and employment
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Trump threatens to fire Powell if the Fed chair doesn’t leave office on his own
U.S. President Donald Trump speaks to the media, before boarding Air Force One on his way to Virginia, at Joint
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Wholesale prices rose 0.5% in March, much less than expected despite war impact
Producer prices rose in March but considerably less than expected as the Iran war’s push on energy prices rekindled fears
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LVMH sales miss expectations as luxury recovery is put on pause amid Middle East war
A Louis Vuitton bag is displayed at the LVMH Moet Hennessy Louis Vuitton stand during the Viva Technology conference dedicated
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Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
A man shops for butter at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP |
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Inflation held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows
Core inflation held above the Federal Reserve’s target before the recent surge in energy prices, according to a key gauge
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Markets shift back toward potential Fed rate cut this year with Iran ceasefire in place
A trader works, as a screen broadcasts a press conference by U.S. Federal Reserve Chair Jerome Powell following the Fed
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Powell sees inflation outlook in check, no need to hike rates because of oil shock
Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as
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Watch Fed Chair Jerome Powell speak live to an economics class at Harvard
[The stream is slated to start at 10:30 a.m. ET. CNBC Television will start the stream when the event begins.
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