CNBC's Jim Cramer suggested the May inflation number was expected to be high. The "Mad Money" host called it the worst kept secret on Wall Street and said the stock market took it in stride. "There are too many things that went wrong last year, and most of them won't be solved by higher rates," he said. In this article […]

The claim: Company 3D-printed fake rhino horns, plans to combat poaching Non-profits continue to search for an effective way to stop illegal rhino poaching, which has left most of the species critically endangered. One widespread social media post claims a biotech company found the solution. “A biotech startup has managed to 3-D print fake rhino horns that carry the same genetic fingerprint as the actual […]

Online retail giant Amazon.com Inc. (AMZN) Thursday said it will allow its corporate and tech employees an option to work two days remotely. Amazon said it will now only require employees to work in office for three days a week, giving the employees the flexibility to work remotely up to two days a week. The specific days will be determined […]

Investors appear to be brushing off the latest inflationary uptick. Consumer prices in May rose at the fastest year-over-year rate since 2008, the Labor Department said Thursday, but U.S. stocks aren't feeling the heat. The S&P 500 instead hit a fresh record high in Thursday's session, ending the day in the green with the Dow Jones Industrial Average and Nasdaq […]

Facing mounting criticism from hospitals and doctors groups, health insurance giant UnitedHealthcare said it will delay a policy that would scrutinize payments for non-urgent emergency room visits. (Photo: Jim Mone/AP file photo) Facing mounting criticism from hospitals and doctors groups, health insurance giant UnitedHealthcare said it will delay a policy that would scrutinize payments for non-urgent emergency room visits. The policy […]

(CNN)An offer of free beer to supporters of President Donald Trump has sparked an international brouhaha. Scottish craft brewery BrewDog canceled a series of planned events with US brewery Scofflaw in the United Kingdom after a statement issued on behalf of the American company promised free beer to supporters of Trump. The events were planned at BrewDog bars across the […]

Acknowledging that most of us have spent a much greater deal of time indoors and less time dressing up over the last year, Klarna’s new campaign with A$AP Rocky is inviting consumers to “Get Smooth Again.” The global retail bank, payments and shopping service announced an ongoing partnership with the musician, style icon and entrepreneur on June 1, including making […]

The price of everything, including burritos, is going up. By Andrew Ross Sorkin, Jason Karaian, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni The cost of everything is up Prices are rising for airfares, used cars, burritos and much more. New data due later today will provide a crucial signal as to whether these increases are temporary — or something […]