business news

Morgan Stanley kicks off generative AI era on Wall Street with assistant for financial advisors

Morgan Stanley has officially kicked off the generative AI era on Wall Street. The bank plans to announce Monday that…

Billionaire Ken Griffin, former DeSantis donor, on sidelines for GOP presidential primary

Billionaire and Citadel CEO Ken Griffin, a major Republican donor, says he is sitting on the sidelines of the GOP…

U.S. and Iran trade detainees after Qatar deal unfreezes $6 billion of Tehran’s funds

Five U.S. detainees flew out of Iran on Monday in a swap for five Iranians held in the U.S. in…

Stocks making the biggest moves premarket: DoorDash, Arm, PayPal and more

Check out the companies making headlines in premarket trading. PayPal – Shares of the payments giant fell more than 1%…

The wage gap costs women $1.6 trillion a year, new report finds. Here’s how to get the pay you deserve

The wage gap costs women in the U.S. about $1.6 trillion a year, a new report finds. Women earned 78…

Hunter Biden sues IRS over tax disclosures, bickers with DOJ over gun case court appearance

Hunter Biden filed a lawsuit Monday accusing IRS agents of “repeatedly and intentionally” publicly sharing his private tax return information…

Russia likely reinforcing defenses as Ukrainians make gains, advancing in grueling counteroffensive

This is CNBC’s live blog tracking developments on the war in Ukraine.  See here for the latest updates. Ukraine recaptured…

China VC deals plunge, on track for worst pace in more than seven years

BEIJING — Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as ByteDance…

Top China, U.S. officials hold Malta talks ahead of possible Xi-Biden meeting

China’s foreign minister Wang Yi and U.S. national security advisor Jake Sullivan met in Malta over the weekend. The bilateral…