business news

Stocks making the biggest moves midday: Target, Urban Outfitters, Tesla, Shopify and more

Check out the companies making headlines in midday trading: Target — Shares of the retailer pulled back more than 8%…

UK Prime Minister Rishi Sunak calls July 4 general election

LONDON — U.K. Prime Minister Rishi Sunak on Wednesday called for a general election to take place on July 4,…

Most Americans falsely think the U.S. is in recession, poll shows

More than half of Americans think the United States is in an economic recession, although gross domestic product has been…

Meet the leaders of the Trump era’s new conservative economic populism

This reported column is Part Two of Eamon Javers’ two-part series on the new, conservative economic populism gaining ground among…

CFPB says buy now, pay later firms must comply with U.S. credit card laws

The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the…

Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says

Federal Reserve officials appear to have “no idea” what is happening when it comes to the inflation picture in the…

DocuSign chief says company focused on growing as a public entity after reports of private equity interest

Contract management platform DocuSign is committed to growing as a public company and is working to convince investors of its…

Russia denies wanting to redraw Baltic Sea border; Moscow’s tactical nuclear weapons drills send a warning to the West

This was CNBC’s live blog tracking developments on the war in Ukraine. Russia’s latest non-strategic nuclear weapons drills are being…

Citi fined $79 million by British regulators over fat-finger trading and control errors

LONDON — British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank…