business news

Fed’s Williams says inflation is too high but will start coming down soon

NEW YORK — New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he…

Hiring stays strong for low earners, Vanguard finds

For lower-earning Americans, the pace of hiring remains strong, holding steady above its pre-pandemic baseline even as the demand for…

Argentina’s ‘anarcho capitalist’ Milei meets with Sam Altman, Tim Cook and Sundar Pichai in a bid to spur investment

Argentina President Javier Milei met with leaders of some of the world’s largest tech companies this week, embarking on a…

37% of Americans paid a late fee in the last 12 months, report finds

Many consumers are finding it hard to keep up with their bills. To that point, 37% of Americans have been…

Kohl’s stock plummets more than 20% after massive earnings miss

Kohl’s shares plummeted more than 20% Thursday after the company posted a surprise loss per share, coming in well below…

Trump trial jury resumes New York hush money case deliberations after rehearing David Pecker testimony: Live updates

Editor’s note: This is developing news and will be updated throughout the day. The jury in the criminal hush money…

Fintech targeted by climate skeptics banks $37 million from likes of UBS, CommerzVentures

Swedish climate-focused financial technology startup Doconomy told CNBC on Thursday that it’s raised 34 million euros ($36.9 million) from leading…