business news

Strategist David Roche says we’ll avoid a global recession, central banks will ‘change the goalposts’

The global economy will likely avoid a recession and central banks will need to “change the goalposts” on inflation, according…

June wholesale prices rise less than expected in another encouraging inflation report

The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that…

Stocks making the biggest moves premarket: Delta Air Lines, PepsiCo, MillerKnoll and more

Check out the companies making headlines before the bell. Delta Air Lines — Delta Air Lines jumped 4% after the…

Missing Russian general reportedly detained; ‘massive’ overnight strikes by Iranian drones hit Kyiv

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

Will Smith-backed U.S. broker Public launches in the UK in first foray overseas

American stock brokerage startup Public launched its services in the U.K. Thursday, marking its first international expansion its launch in…

Fox News sued for defamation by Trump supporter Ray Epps over Jan. 6 conspiracy claims

Fox News was sued for defamation Wednesday by self-described Donald Trump supporter Ray Epps for “spreading falsehoods” that Epps was…

DeSantis donors privately worry about campaign as Florida governor lags in 2024 polls

A growing group of donors who have supported Florida Gov. Ron DeSantis’ run for president are worried about the trajectory…

‘We will not waver:’ Biden reaffirms U.S. support for Ukraine as Zelenskyy pushes to join NATO

WASHINGTON — President Joe Biden galvanized NATO allies and reaffirmed U.S. commitment to Ukraine Wednesday as Russia’s devastating war on its…

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,…