business news

Stocks making the biggest premarket moves: Walmart, Adobe, Cisco, Hawaiian Electric and more

Check out the companies making the biggest moves in premarket trading. Walmart — Shares added as much as 1% after…

China’s economic model is ‘washed up on the beach,’ says veteran investor David Roche

China’s economic model is “washed up on the beach” and “not going to take off again,” which will have a…

China is considering countermeasures to Biden’s executive order

BEIJING — China’s Ministry of Commerce signaled Thursday it would respond, if needed, to the Biden administration’s executive order to…

Ukraine sees no hope for F-16s this year; Naftogaz CEO wants EU talks on Russia gas transit

This was CNBC’s live blog tracking developments on the war in Ukraine on Aug.17, 2023. The CEO of Ukraine’s largest…

Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests

Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University…

Stocks making the biggest moves after hours: Cisco Systems, Synopsys, Wolfspeed and more

Check out the companies making headlines in extended trading. Cisco Systems — Shares of the computer networking giant gained about…

Inflation Reduction Act spurs $500 billion in investments — and much is going to underserved communities, Treasury says

WASHINGTON — The Treasury Department on Wednesday announced that billions of dollars slated for investments in clean energy, electric vehicles…

Biden takes a victory lap one year after signing Inflation Reduction Act

WASHINGTON — President Joe Biden celebrated the one year anniversary of the signing of the Inflation Reduction Act, arguing that the…

Most Americans say Trump should face charges over 2020 election, poll finds

Most Americans support the decision by special counsel Jack Smith to prosecute former President Donald Trump for allegedly trying to…