business news

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

The U.S. economy grew at an even stronger pace then previously indicated in the third quarter, the product of better-than-expected…

Israel-Hamas war updates: Israel-Hamas truce extended by a day; Erdogan blasts Netanyahu as ‘butcher of Gaza’

This is CNBC’s live blog tracking developments on the Israel-Hamas war. See below for the latest updates. The Israel-Hamas truce is…

Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024

With central banks having hiked interest rates at breakneck speed and those rates likely to stay higher for longer while…

Former Trump advisor says the U.S. economy is ‘back to normal,’ but markets may be jumping the gun on rate cuts

The U.S. economy is “back to normal” for the first time in two decades, but the market is getting ahead…

Russia slams Finland’s border closure, warns that tensions could arise if troops are deployed

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

White House puts corporate ‘price gouging’ front and center: ‘We see American families hurting’

The White House doubled down Tuesday on President Joe Biden’s warning to companies that have not cut retail prices, even…

Charlie Munger’s greatest bits of investing advice from over the years

Charlie Munger, Warren Buffett’s righthand man for nearly six decades, was a shrewd investment genius in his own right, passing…

Apple is trying to unwind its Goldman Sachs credit card partnership

Apple has given Goldman Sachs a proposal to end its credit card and savings account partnership within the next 12…

Bank of America fined $12 million for mortgage disclosure violations by federal watchdog

WASHINGTON — The Consumer Financial Protection Bureau on Tuesday fined Bank of America $12 million for reporting false mortgage lending…

The life advice that Charlie Munger gave Warren Buffett: Live life backwards

Berkshire Hathaway Vice Chairman Charlie Munger, who died Tuesday at age 99, once offered what turned out to be sage…