business news

Stocks making the biggest moves midday: SoFi, McDonald’s, Western Digital, ON Semiconductor and more

Check out the companies making headlines in midday trading.

UK confirms plans to regulate crypto industry with formal legislation

The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will…

The escalating Israel-Hamas conflict raises risks of global market contagion, economist says

As the Israel-Hamas war draws into into its fourth week, the risks to the global economy are rising, economist Mohamed…

Moscow claims the West is attempting to ‘split Russian society’ after airport stormed by mob

This was CNBC’s live blog tracking developments on the war in Ukraine on October 30, 2023. See here for the…

Israel-Hamas war updates: Netanyahu says Israel will not agree to a cease-fire; UNICEF says ‘more than 420 children are being killed or injured in Gaza every day’

This was CNBC’s live blog tracking developments in the Israel-Hamas war. Click here for the latest Israel news and updates…

HSBC’s after-tax profit surges over 135% year-on-year, announces $3 billion share buyback

HSBC’s profit after tax came in at $6.26 billion in the three months ended September, jumping 135% compared to the $2.66…

Thousands break into UN warehouses in Gaza; satellite images show destruction in Gaza

This was CNBC’s live blog tracking developments on the Israel-Hamas war. Click here for the latest updates. Thousands broke into the…

Former Vice President Pence quits the presidential race after struggling to gain traction. ‘This is not my time,’ he says

Former Vice President Mike Pence on Saturday dropped his bid for the Republican presidential nomination, ending his campaign for the…