business news

Bipartisan lawmakers visit Taiwan as Biden seeks to stabilize China relationship

WASHINGTON — A bipartisan congressional delegation led by House Armed Services Committee Chairman Mike Rogers landed in Taiwan on Tuesday…

Trump’s latest attack includes special counsel’s family after bombshell tape revealed

Hours after the release of an audio tape in which Donald Trump discusses a classified document that he kept after…

Stocks making the biggest premarket moves: Walgreens, Kellogg, Eli Lilly, Delta and more

Check out the companies making the biggest moves in premarket trading. Walgreens Boots Alliance — The retail pharmacy chain sank…

Wise shares spike 16% as higher interest rates help fintech triple profits

Online money transfer firm Wise’s shares soared 16% Tuesday as the company reported a spike in profits thanks to rising…

A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024

The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession…

Markets are pricing in rate cuts too soon, IMF’s Gopinath says

Major central banks will have to keep interest rates high for much longer than some investors expect, Gita Gopinath, first…

Ukraine war live updates: U.S. sanctions Wagner boss Prigozhin; Putin thanks Russian army for preventing ‘civil war’

This was CNBC’s live blog covering updates on the war in Ukrain covering June 27, 2023. See here for the…

Malaysia’s sovereign wealth fund seeks greater portfolio resilience in volatile markets

Malaysia’s sovereign wealth fund Khazanah Nasional is rebalancing its investment portfolio for greater resilience against market volatility, according to its…

China’s economy is set to grow faster in the second quarter, Premier Li Qiang says

BEIJING — Chinese Premier Li Qiang said Tuesday his country was still on track to reach its annual growth target…

DeSantis asks federal judge to dismiss Disney suit, claiming broad immunity

Attorneys for Florida Gov. Ron DeSantis on Monday asked a federal court to dismiss Disney‘s lawsuit that alleges political retaliation…