business news

The UK Labour Party has a Biden-esque economic plan — but it’s very different to Bidenomics

LONDON — The U.K.’s main opposition Labour Party last week set out the economic platform it hopes will propel it…

African ambassador criticizes IMF, World Bank for not giving enough loans

BEIJING — An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank…

U.S. tackles loopholes in curbs on AI chip exports to China

The U.S. will take steps to prevent American chipmakers from selling products to China that circumvent government restrictions, a U.S. official said, as part of…

Biden 2024 campaign, allies raise $71 million in latest quarterly haul

President Joe Biden’s 2024 re-election team and his party said on Sunday that they raised $71 million during the latest…

Iran warns war could expand; China says Gaza offensive is ‘beyond self-defense’

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

‘Miracle drug’ euphoria: Experts warn widespread use of weight loss medicine faces major hurdles

Two experts see major challenges facing the adoption of new obesity drugs. Dr. Kavita Patel, a physician and NBC News…

Risk-taker’s market? Why it may be practical to take chips off the table

It may be a risk-taker’s market. Investor and personal finance author Ric Edelman believes it’s a practical strategy to take…

Israel-Hamas war updates: IDF is preparing for ‘a coordinated attack from the air, sea and land’ against Hamas in Gaza

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

Pfizer slashes full-year earnings and revenue guidance as Covid treatment, vaccine sales slump

Pfizer on Friday slashed its full-year earnings and revenue guidance and launched a $3.5 billion cost-cutting plan due to waning…