business news

House Republicans cancel planned recess as government shutdown appears more likely

WASHINGTON — House Republican leaders Friday canceled a planned two-week recess as a government shutdown appeared more likely after they…

Top U.S. general Mark Milley to hand over reins after four years

Top U.S. general Mark Milley will retire on Friday after a four-year tenure that saw successes like the killing of…

The Fed’s favorite inflation indicator rose less than expected in August

An economic indicator the Federal Reserve favors as an inflation gauge rose less than expected in August, showing that the…

Dianne Feinstein, California’s longest-serving senator, dies at 90

U.S. Sen. Dianne Feinstein of California has died at age 90, her office confirmed Friday. Feinstein, a Democrat, was the…

Stocks making the biggest moves before the bell: Nike, Blue Apron, Bumble and more

Check out the companies making headlines in premarket trading. Nike — The sneaker behemoth added nearly 10% in premarket trading…

Occupied Ukraine pulled into Russian conscription; Putin-sympathizing candidate could win election in major Kyiv-allied country

This was CNBC’s live blog tracking developments on the war in Ukraine. A Putin-sympathizing candidate for prime minister is neck…

Georgia Republicans suspend state senator who wants to impeach DA for indicting Trump

Georgia’s Republican Senate Caucus is suspending a GOP state senator who attacked them for opposing his plan to impeach Fulton…

Can China’s economy reverse a sluggish 2023 in the last quarter? Here’s what to watch

BEIJING — The last three months of the year are set to bring more clarity on China’s economic outlook and…

Bill Ackman believes the 10-year Treasury yield could approach 5% soon

Billionaire hedge fund manager Bill Ackman believes long-term Treasury yields can shoot even higher in the short run on the back…

Trump New York fraud trial cleared to start Monday after appeals panel ruling

The New York civil fraud trial of former President Donald Trump and his company is back on track to begin…