business news

Consumer sentiment tumbles as inflation fears surge

Consumer sentiment slumped as inflation expectations rose, despite otherwise strong signals in the economy, according to a closely watched survey…

Michael Cohen on deck as Trump prosecutors say they could rest case next week

Prosecutors said Friday that they plan to call only two more witnesses in Donald Trump’s criminal trial, and they could…

Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years

LONDON — A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders…

Russia opens up new front with major ground assault near Ukraine’s second-largest city

This was CNBC’s live blog tracking developments on the war in Ukraine. Ukraine sent reserve units to the border areas…

UK economy emerges from recession with 0.6% growth in first quarter

The U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, official figures showed…

The U.S. is now Germany’s biggest trading partner — taking over from China

After years of China being Germany’s main trading partner, the U.S. looks like it’s quietly taking that top spot as…

European companies in China are under pressure from slower growth, overcapacity

BEIJING — European companies in China are finding it harder to make money in the country as growth slows and…

Hunter Biden loses appeal bid to dismiss criminal gun case in Delaware before trial

A federal appeals court on Thursday rejected a request by Hunter Biden to toss the pending criminal gun case against…