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Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

Inflation continued to hit consumer wallets in April, likely keeping the Federal Reserve on the sidelines until the current wave subsides, fresh pricing data released Thursday showed. The personal consumption expenditures price index increased a seasonally adjusted 0.4% for the month, putting the 12-month inflation rate at 3.8%, the Commerce Department reported. Economists surveyed by...
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Oura is launching its smallest smart ring yet

Oura on Thursday announced its latest smart ring, one that it says is the smallest offered by any company. The Oura Ring 5 will be 40% smaller than Oura’s previous generation ring, the company said. The ring will still have the same level of sensing, tracking and accuracy as the previous generation, it said. “By...
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Kohl’s (KSS) earnings Q1 2026

Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s stock jumped 10% in premarket trading Thursday after the retailer reported its best comparable sales performance in four years. The retailer said its net sales decreased 1.7% and its comparable sales slid 1.1% in its fiscal first...
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