business news

Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000

The unemployment rate rose sharply in August, as the summer of 2023 neared a close with a job market in…

Stocks making the biggest moves premarket: Dell, MongoDB, Lululemon and more

Check out the companies making headlines before the bell: Dell Technologies — Dell Technologies surged 10.5% after exceeding analysts’ second-quarter…

‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation

The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over…

Moscow holds elections in illegally occupied parts of Ukraine; Putin and Turkey’s Erdogan to meet in Sochi

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

Engineering group ABB ‘pretty pessimistic’ on China: ‘It will be challenging for the rest of the year’

The CEO of Swedish-Swiss multinational industrial and engineering group ABB said he has been “disappointed” by the state of the…

White House asks Congress for short-term funding to avoid government shutdown

WASHINGTON — The White House on Thursday asked Congress to pass a short-term measure to fund the federal government and…

Stocks making the biggest moves after hours: Dell, Lululemon and MongoDB

Check out the companies making headlines after hours. MongoDB — Shares of the database software maker gained 5% in extended…

Trump Georgia trial will be streamed live, judge rules

WASHINGTON — Fulton County Judge Scott McAfee said Thursday that all court proceedings related to former President Donald Trump’s election interference…

FEMA is down to its last $3.4 billion as Maui wildfires, Hurricane Idalia slam U.S.

The Federal Emergency Management Agency is running low on money to respond to natural disasters as the U.S. faces billions…