business news

Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says

Gold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued…

China vows to ‘moderately’ strengthen fiscal policy to bolster economic recovery

China’s top decision-making body of the ruling Communist Party on Friday said the country’s fiscal policy “must be moderately strengthened”…

Putin says he will run for re-election in March; U.S. aid hangs in balance after failed vote

This was CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates.  Russian President…

‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims

LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases…

North Dakota senator’s son charged with manslaughter in police chase that killed an officer

The 42-year-old son of U.S. Sen. Kevin Cramer was charged Thursday with manslaughter and fleeing an officer after a police pursuit ended…

Here’s what the market will be looking for in Friday’s key jobs report

At a time when the economy is supposed to be slowing, Friday’s jobs report is expected to show that employers…

House committee launches investigation of Harvard, MIT and UPenn over antisemitism fight

The House Education Committee launched a probe into Harvard, the Massachusetts Institute of Technology and the University of Pennsylvania after…

Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news

Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It’s one of…

QR codes may be a gateway to identity theft, FTC warns

You may want to think twice before scanning that QR code. The codes — a digital jumble of black and…