business news

Citigroup posts better-than-expected earnings and revenue

Citigroup on Friday reported second-quarter earnings and revenue that topped expectations. Despite the beat, Citi’s revenue fell 1% from a…

Controversial U.S.-made cluster bombs arrive in Ukraine; U.S. calls for Russia to renew Black Sea grain deal

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] U.S.-made cluster…

JPMorgan Chase beats analysts’ estimates on higher rates, better-than-expected bond trading

JPMorgan Chase reported second-quarter earnings Friday that topped analysts’ expectations, as the company benefited from higher interest rates and better-than-expected…

DOJ opposes Trump bid to indefinitely delay classified documents trial

The Department of Justice’s special counsel on Thursday urged a federal judge to reject Donald Trump’s bid to indefinitely delay…

Former Disney, Marvel exec Ike Perlmutter plans major donation to back Trump for president

Ike Perlmutter, the former chairman of Marvel Entertainment at Disney, is planning a key donation to back former President Donald…

House Republicans target proxy advisors in latest hearing picking apart ESG investing

WASHINGTON — A Republican-led House Financial Services subcommittee held a second hearing Thursday scrutinizing the Biden administration’s environmental, social and…

Trump to host screening of ‘Sound of Freedom,’ the divisive anti-child-trafficking hit film

Former President Donald Trump this month will host a screening of “Sound of Freedom,” the surprise hit film about rescuing…

St. Louis Fed President Bullard says he’s stepping down in August

The St. Louis Federal Reserve announced Thursday that Jim Bullard will step down from his post as president, effective Aug.…

Stocks making the biggest moves midday: Nvidia, Carvana, Disney, Amazon and more

Check out the companies making headlines in midday trading. Alphabet — The Google parent company added 4.4% after launching its…