business news

SEC charges Trump Media auditor with ‘massive fraud’ on hundreds of companies, imposes lifetime ban

The auditing firm for Trump Media and the auditor’s owner were charged Friday with “massive fraud” by the Securities and…

U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%

The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, lifting hopes that the Federal…

Trump trial: Former top aide Hope Hicks cries as cross-examination begins

Former top White House communications aide Hope Hicks started crying on the witness stand Friday as an attorney for Donald…

‘Trader justice’: Ex-SocGen trader fired for risky bets claims he was made a ‘scapegoat’

A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him…

Turkey’s inflation accelerates to nearly 70% in April

Turkey’s inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday. The highest consumer…

Conflict reaches day 800; Russia says it curbed Ukrainian attacks overnight

This was CNBC’s live blog tracking developments on the war in Ukraine. The Russia-Ukraine war reached day 800 on Friday,…

Britain’s ruling Conservatives hit with another local defeat as general election nears

LONDON — U.K. leader Rishi Sunak’s Conservative Party suffered significant losses at a flurry of local elections overnight, in a…

China’s automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home

BEIJING — Chinese automakers, including state-owned auto giant GAC Group, can’t afford to take it easy in the country’s electric…