business news

‘Far too many Palestinians have been killed,’ Blinken says; Gaza health ministry says hospitals hit in strikes

This is CNBC’s live blog tracking developments on the Israel-Hamas war. Follow the latest updates here. U.S. Secretary of State…

Nvidia will reportedly sell new chips to China that still meet U.S. rules

BEIJING — U.S. chipmaking giant Nvidia has reportedly found a way to sell high-end chips to Chinese companies — while…

Russian forces ‘trying to surround’ east Ukraine stronghold; Germany pledges to meet NATO target

This was CNBC’s live blog tracking developments on the war in Ukraine. The General Staff of the Armed Forces of…

Chinese business database Qichacha passes Beijing’s security test for resuming overseas operations

BEIJING — Chinese business database Qichacha said Friday it passed a data export security assessment that allows the company to…

Startup Li Auto is beating Tesla China’s EV sales

BEIJING — Chinese startup Li Auto sold more cars than Tesla’s China business did in October, according to the China…

JPMorgan’s $290 million settlement with Epstein accusers wins approval by U.S. judge

A U.S. judge on Thursday approved JPMorgan Chase‘s $290 million settlement with women who said Jeffrey Epstein abused them, and that…

Democratic Sen. Joe Manchin says he is not running for reelection

Democratic Sen. Joe Manchin of West Virginia said Thursday he will not run for reelection in 2024 — but signaled…

Powell says Fed is ‘not confident’ it has done enough to bring inflation down

Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of…