business news

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…

Supreme Court appears skeptical of Trump’s blanket presidential immunity argument

The Supreme Court on Thursday appeared likely to reject former President Donald Trump’s sweeping claim of absolute immunity from criminal prosecution…

Russian strikes hit Ukrainian critical infrastructure; Macron warns ‘our Europe could die’

This was CNBC’s live blog tracking developments on the war in Ukraine. French President Emmanuel Macron delivered an emphatic speech…

Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions

Nvidia-backed artificial intelligence firm Synthesia on Thursday unveiled a new wave of AI-generated digital avatars that can convey human emotions…

Barclays shares up 6% as bank swings back to profit in first quarter amid strategic overhaul

LONDON — Shares of Barclays rose nearly 7% on Thursday after the bank reported first-quarter net income attributable to shareholders of £1.55…

Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery

Deutsche Bank shares popped to a more than six-year high on Thursday, after the German lender reported a 10% rise…

Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand

South Korean memory chipmaker SK Hynix on Thursday reported a net profit of 1.92 trillion South Korean won ($1.39 billion)…

House Speaker Johnson drowned out by booing crowds at Columbia University speech on Gaza protests

House Speaker Mike Johnson, R-La., struggled to get a word in edgewise Wednesday, battling a chorus of booing crowds during…