Record diesel prices raise pressure on US freight and household costs
US diesel reached $6.31 a gallon in mid-September, raising freight costs first and creating delayed risks for goods, deliveries an...
By Sarah Jenkins 2 weeks agoChief Macro Economics Correspondent
Sarah Jenkins
Sarah covers central banks, sovereign debt, and the data behind the cycle. She spent eight years at a rates desk before moving to journalism.
Latest from Sarah Jenkins
Anthropic AI development metrics show 26% of R&D led by Claude
Anthropic has set out three proposed measures for frontier AI development, alongside internal data on automation, agent oversight...
By Sarah Jenkins 2 weeks ago
OpenAI reports six concerning model behavior cases and sets disclosure framework
OpenAI has published six training and evaluation cases and a reporting process, while cautioning they do not measure incident freq...
By Sarah Jenkins 3 weeks ago
BOJ September 2026 rate hike seen taking policy rate to 1.25%
Economist surveys point to a September BOJ rate increase, though a minority still expect either a larger move or no change.
By Sarah Jenkins 3 weeks ago
Kevin Warsh faces divided Fed vote before expected rate hike
Markets heavily priced a September Fed increase, but July’s 9-3 hold and differing views on inflation left Kevin Warsh with uncert...
By Sarah Jenkins 3 weeks ago
OpenAI IPO 2026 plans shelved as Altman cites AI safety work
Sam Altman said OpenAI will not list in 2026, while leading AI executives backed a proposal to slow frontier-model advances.
By Sarah Jenkins 3 weeks ago
Meta and Apple bullish case rests on AI plans as inflation unsettles stocks
CNBC’s Investing Club cited Meta’s AI releases and Apple’s new devices after oil and yields drove a weekly decline in major US ind...
By Sarah Jenkins 3 weeks ago
China August imports rise 28.2% but fall short of forecasts
China’s imports rose 28.2% in August, below a Reuters poll forecast, as export growth lifted the monthly trade surplus to $119.09b...
By Sarah Jenkins 3 weeks ago
Canada retaliatory tariffs 2026 take effect on CA$27.6bn of U.S. imports
Canada has imposed 15% to 50% duties on selected U.S.-origin imports, matching U.S. tariff rates after trade talks broke down.
By Sarah Jenkins 4 weeks ago
Waller signals support for holding rates steady at September meeting
Fed Governor Christopher Waller said he could back a September rate hold if imminent inflation data confirm progress toward 2%.
By Sarah Jenkins 1 month ago
Budget travel costs rise as Groupon and Hostelworld report activity gains
Airfares and gasoline climbed sharply in July, while Groupon and Hostelworld reported higher use of selected value-focused travel...
By Sarah Jenkins 1 month ago
Women’s August job gains estimate requires a closer look at BLS surveys
A CNBC calculation put women at 98% of August job growth, but it combines two BLS surveys that measure employment differently.
By Sarah Jenkins 1 month ago