business news

Using cash like a millionaire may not make sense for most investors. Here’s why

Millionaires moved money out of stocks into cash and cash-like investments in the past year and may add to those…

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

Check out the companies making headlines in midday trading. GameStop — The meme stock tumbled nearly 18% after the company…

Jobless claims increase more than expected to their highest since October 2021

First-time jobless claims rose sharply last week in a potential sign that the labor market is softening up after more…

Stocks making the biggest premarket moves: GameStop, Wynn Resorts, Lucid, Adobe and more

Check out the companies making the biggest moves in premarket trading. GameStop — Shares plummeted nearly 21% in premarket trading.…

Euro zone enters recession after Germany, Ireland growth revision

The euro zone entered a recession in the first quarter of this year, and economists are not optimistic for the…

The family office for Mark Zuckerberg and Jack Dorsey backs French rival to Microsoft Excel

French business planning software startup Pigment has raised $88 million in a funding round led by ICONIQ, the private investment…

Heavy fighting underway in eastern Ukraine; Kyiv calls for help as first flood deaths reported

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

China’s big banks cut deposit rates, signaling monetary easing ahead

BEIJING — China’s largest banks cut interest rates for savers on Thursday in a bid to boost growth in an…

Trump told he is target of Mar-a-Lago documents criminal probe by special counsel

Follow our live coverage of Donald Trump’s indictment in the classified documents case. Former President Donald Trump has been informed he is…

Trump says ‘No one has told me I’m being indicted,’ as aide testifies to Florida grand jury

Follow our live coverage of Donald Trump’s indictment in the classified documents case. Donald Trump on Wednesday said he hasn’t been told…