business news

DeSantis doesn’t rule out pardoning Trump, Jan. 6 defendants if elected president

Florida Gov. Ron DeSantis said Thursday he would make it a “day one” priority as president to issue pardons for…

Here are ways retirees can protect nest eggs during a stock market rout

The federal debt-ceiling standoff and the specter of a possible recession on the horizon may mean turbulent times ahead for…

House Democrats reintroduce bill targeting stock buybacks

WASHINGTON — House Democrats on Thursday reintroduced a bill that would ban open-market stock buybacks, weeks after the Securities and…

Stocks making the biggest moves after hours: Gap, Marvell Technology, RH, Ulta and more

Check out the companies making headlines in after-hours trading. Gap — Shares surged 15% in the postmarket following the retailer’s…

Russia carries out intense missile and drone strike overnight; Russia’s Medvedev says conflict could last decades

This was CNBC’s live blog tracking developments of May 27, 2023, on the war in Ukraine. See here for the…

Biden says he’s ‘very optimistic’ about a debt ceiling deal

WASHINGTON — President Joe Biden said he was “very optimistic” on Friday about reaching a compromise deal with House Republicans…

JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice

JPMorgan Chase is developing a ChatGPT-like software service that leans on a disruptive form of artificial intelligence to select investments…

JPMorgan CEO Jamie Dimon testifies he had no involvement with Jeffrey Epstein account, bank says

JPMorgan Chase CEO Jamie Dimon testified at a deposition in New York on Friday that he had no involvement in…

‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts

Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for…