business news

Biden’s Federal Reserve Board nominees clear key Senate committee

WASHINGTON — The Senate Banking Committee approved President Joe Biden’s three nominees to the Federal Reserve Board of Governors on…

Communist Party cells influencing U.S. companies’ China operations, FBI Director Wray says

China is requiring U.S. and other foreign-owned companies to host groups that monitor their compliance with Chinese Communist Party orthodoxy,…

Lawmakers tussle over GOP efforts to thwart ESG investing

WASHINGTON — House lawmakers clashed Wednesday over federally mandated environmental, social and governance disclosure requirements for companies rolled out amid…

FDA to review Schumer’s concerns about YouTube stars’ Prime Energy drink

WASHINGTON — The Food and Drug Administration will address concerns raised by Senate Majority Leader Chuck Schumer about a caffeinated…

Stocks making the biggest moves midday: Domino’s Pizza, DraftKings, Lucid, SunPower and more

Check out the companies making the biggest moves midday. Domino’s Pizza — The stock popped 11.09% after Domino’s announced U.S.…

Trump blasts DOJ over decision to withdraw from E. Jean Carroll lawsuit fight

Donald Trump on Wednesday raged about the defamation lawsuit he faces from the writer E. Jean Carroll, a day after…

White House takes a victory lap after inflation report comes in cooler than expected

WASHINGTON — President Joe Biden on Wednesday celebrated new data that showed inflation cooling more quickly than expected. “Good jobs and…

Inflation rose just 0.2% in June, less than expected as consumers get a break from price increases

Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration…

Stocks making the biggest moves premarket: Netflix, Roku, SunPower, Beyond Meat and more

Check out the companies making headlines in premarket trading. Roku — The streaming provider climbed 2% before the opening bell.…

G7 signs declaration of security guarantees for Ukraine; Kremlin warns West is making a ‘dangerous mistake’

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] NATO officials…