business news

JPMorgan rejects claim that Dimon and Staley discussed Epstein: ‘We believe this is false’

JPMorgan Chase on Wednesday rejected allegations cited in a new report that CEO Jamie Dimon over years discussed the bank’s…

Stocks making the biggest moves midday: Intel, C3.ai, Advance Auto Parts, HP and more

Check out the companies making the biggest moves midday. Intel — Shares popped 4.83% after the chipmaker’s finance chief said…

How the A.I. explosion could save the market and maybe the economy

A blockbuster profit report Wednesday from Nvidia crystallized an important point for both markets and the economy: For better or…

DOJ sues son of West Virginia Gov. Jim Justice and his coal empire over millions in unpaid fines

The Department of Justice on Wednesday accused the son of West Virginia Gov. Jim Justice and 13 coal companies the…

The ‘great resignation’ — a trend that defined the pandemic-era labor market — seems to be over

During the past year, the rate at which Americans quit their jobs has steadily declined from a record high back…

A U.S. recession would be ‘good news’ for markets, strategist says

A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder…

JPMorgan’s Dimon says other execs at the bank could have booted Epstein when he was a client

JPMorgan Chase CEO Jamie Dimon testified last week that top bank executive Mary Erdoes and the firm’s then-head lawyer had…

Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to…

Russia says it repelled another attack on its soil; UK PM says Ukraine’s rightful place is in NATO

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Some 40 European…