business news

House speaker race injects chaos into high-dollar Republican fundraising

The messy race to elect the next Republican speaker of the House of Representatives is injecting chaos into the typically…

Philadelphia Fed President Harker advocates holding interest rates ‘where they are’

Philadelphia Federal Reserve President Patrick Harker said Friday he thinks the central bank can stop raising interest rates. “Absent a…

Citigroup reports better-than-expected revenue for the third quarter

Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected…

JPMorgan Chase CEO Jamie Dimon warns this is ‘the most dangerous time’ for the world in decades

JPMorgan Chase delivered strong profits for the third quarter along with a stern warning Friday from its top executive about…

Wells Fargo shares rise after third-quarter results top Wall Street expectations

Wells Fargo on Friday surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates…

China gives Ehang the first industry approval for fully autonomous, passenger-carrying air taxis

BEIJING — Self-driving air taxis are one step closer to reality in China. Guangzhou-based Ehang on Friday said it received…

Civilians scramble to flee north Gaza ahead of expected Israeli ground offensive

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

Putin warns against Israeli ground invasion of Gaza; Ukraine ‘holding positions’ as fighting rages in key eastern city

This was CNBC’s live blog tracking developments on the war in Ukraine. Ukrainian forces on Friday sought to hold back…