business news

Fed’s Powell emphasizes need for more evidence that inflation is easing before cutting rates

Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of…

Private payrolls increased by 184,000 in March, better than expected, ADP says

Private sector job growth expanded in March at its fastest pace since July 2023, indicating continuing buoyance in the U.S.…

NATO chief floats 100 billion euro fund for Kyiv; Ukraine shoots down 4 Russian drones overnight

This was CNBC’s live blog tracking developments on the war in Ukraine. NATO foreign ministers are gathering in Brussels, where…

Euro zone inflation unexpectedly slows to 2.4% in March, with core print also below forecast

Inflation in the 20-nation euro zone eased to 2.4% in March, according to flash figures published by the European Union’s…

Turkey’s inflation climbs to 68.5% despite continued rate hikes

Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to…

Half of adults globally are stressed about their finances, and inflation is a key reason

At least half of adults in a range of major economies report being stressed about their personal finances, and say…

Trump Media sues its co-founders, accuses them of ‘severe mismanagement’

The media company that Donald Trump recently took public is suing its co-founders, accusing them of failing “spectacularly” to get…

New freight crew rule tests rail industry’s clout, one year after East Palestine disaster

One year after the East Palestine, Ohio train derailment created an environmental disaster, the Biden administration on Tuesday unveiled new…