business news

Two key Fed officials express support for keeping interest rates high

Two Federal Reserve policymakers expressed support Friday for keeping interest rates elevated as the battle against too-high inflation continues. In…

Sen. Bob Menendez of New Jersey and his wife charged with bribery

U.S. Sen. Bob Menendez of New Jersey and his wife were indicted in New York on federal bribery charges for…

The ‘Great IPO Reopening’ may be on hold: rising rates and weaker stocks are a killer

The Great IPO Reopening may be on hold: rising rates and lower stocks are an IPO killer.  A combination of…

Stocks making the biggest moves premarket: AstraZeneca, Wayfair, Alibaba and more

Check out the companies making headlines in early trading. AstraZeneca — Shares of the British pharmaceutical company gained more than…

The Nagorno-Karabakh crisis raises serious questions for Russia — and the West

A short-lived military operation in the disputed Nagorno-Karabakh region appears to have paved the way for Azerbaijan to take full…

Apple’s iPhone 15 launches in China with people flocking to stores — even as Huawei revival emerges

BEIJING — People flocked to a flagship Apple store in downtown Beijing on Friday morning to pick up the latest…

Biden to offer Ukraine small number of long-range missiles, officials say; Kremlin slams ‘aggressive’ Poland

This was CNBC’s live blog tracking developments on the war in Ukraine.   President Joe Biden told his Ukrainian counterpart Volodymyr Zelenskyy that…

An HSBC-backed startup is using AI to help banks fight financial crime — and eyeing a Nasdaq IPO

WARSAW — When it comes to financial crime, banks can often be “one decision away from a huge mess,” Martin…

Pence trashes Trump’s tax plan, says 10% tariff would ‘increase inflation at the worst possible time’

Former Vice President Mike Pence on Thursday dumped on Donald Trump’s plan to slap a universal 10% tariff on imported…

Chesebro asks court to suppress use of emails in Trump Georgia election case

Lawyers for a co-defendant of former President Donald Trump in their Georgia criminal election interference case asked a judge Thursday…