business news

Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’

Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest…

Stocks making the biggest moves premarket: Marvell Technology, Affirm, Hawaiian Electric and more

Check out the companies making headlines before the bell. Marvell Technology — Shares fell more than 3% before the bell…

Last Trump co-defendant surrenders at Georgia jail in election case

The last of 18 co-defendants of Donald Trump surrendered at an Atlanta jail on Friday morning, a day after the…

U.S. to train Ukraine’s F-16 pilots; Putin and Turkey’s Erdogan to meet for Black Sea grain deal talks, Kremlin says

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] The United…

China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’

BEIJING — U.S. chipmaker Nvidia this week soundly beat analysts’ expectations for major revenue lines — except in automotive —…

Hawaiian Electric shares slide after Maui County sues for damages over deadly wildfires

Maui County on Thursday sued Hawaiian Electric for damages over the deadly wildfires that have claimed more than100 lives and…

Stocks making the biggest moves after hours: Affirm, Gap, Marvell and more

Check out the companies making headlines in extended trading on Thursday. Affirm Holdings —  The stock added 10.8% after its quarterly…

Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past

Since he took over the chair’s position at the Federal Reserve in 2018, Jerome Powell has used his annual addresses…

First trial of Trump co-defendant in Georgia case will begin Oct. 23, judge rules

A Georgia judge on Thursday scheduled the first trial for a co-defendant of former President Donald Trump for criminally interfering…