business news

U.S., China to hold first AI talks within ‘weeks’ amid ongoing TikTok stalemate

The U.S. and China will hold their first high-level talks on artificial intelligence within the “coming weeks,” U.S. Secretary of…

Zelenskyy says U.S. aid delay allowed Russia to ‘seize the initiative’; Blinken warns of more sanctions on Chinese firms

This was CNBC’s live blog tracking developments on the war in Ukraine. Ukrainian President Volodymyr Zelenskyy on Friday said the…

Chinese EV start-ups Nio and Xpeng turn to the mass market for growth

BEIJING — Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans…

Why ARK Invest thinks it’s an ‘amazing time’ to invest in cutting-edge tech

ARK Invest is betting big on private tech companies. “It’s an amazing time to invest in innovation,” the firm’s chief…

Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates

Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.…

Trump trial: Defense attorneys begin cross-examination of David Pecker

Lawyers for Donald Trump on Thursday afternoon began the cross-examination of former National Enquirer David Pecker, the first witness to…

GDP growth slowed to a 1.6% rate in the first quarter, well below expectations

U.S. economic growth was much weaker than expected to start the year, and prices rose at a faster pace, the…