First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision
The U.S. economy showed much stronger-than-expected growth in the first quarter than previously thought, according to a big upward revision…
Stocks making the biggest premarket moves: Joby, Micron, Wells Fargo, Freyr Battery and more
Check out the companies making the biggest moves in premarket trading. Joby Aviation — Joby shares gained another 17% premarket.…
3 reasons it can be smarter to rent, even if you can afford to buy
Have the money to buy a home? If you follow through, it may not be money well spent. For generations,…
Ukraine war live updates: Wagner forces will no longer fight in Ukraine; Prigozhin retreat deal terms could still be under discussion
This is CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates. The dust…
Huawei says applying 5G technology to business was more difficult than expected
SHANGHAI — Huawei’s Chief Financial Officer Meng Wanzhou said Wednesday that applying 5G technology to business was more difficult than…
Biden snaps ‘No!’ when asked if he was involved in alleged Hunter Biden shakedown of Chinese executive
President Joe Biden on Wednesday angrily denied that he was involved in an alleged shakedown of a Chinese businessman by…
Overstock.com will change website name to Bed Bath & Beyond as deal closes
Overstock.com is going all in on failed retailer Bed Bath & Beyond. The e-commerce home goods retailer will no longer…
Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test
All 23 of the U.S. banks included in the Federal Reserve’s annual stress test weathered a severe recession scenario while…
Nonprofit funded by GOP donor Thiel apparently donated to left-leaning group, records show
A nonprofit group funded by Republican megadonor Peter Thiel appears to have donated $3 million to a group that has…
Trump countersues E. Jean Carroll for ‘rape’ defamation, as her lawyers scoff at claim
Donald Trump, who was found liable by a civil jury last month for sexually abusing and defaming writer E. Jean…
