business news

Stocks making the biggest moves premarket: Spotify, FedEx, Tesla, Coinbase and more

Check out the companies making headlines in premarket trading. FedEx — Shares slipped 2.9% after the shipping giant reported quarterly…

Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go’

Federal Reserve Chairman Jerome Powell on Wednesday affirmed that more interest rate increases are likely ahead until additional progress is…

Inside China’s spy war on American corporations

Top intelligence and law enforcement officials in Washington are issuing a stark warning to American companies: The Chinese government wants…

Bipartisan bill to claw back executives’ pay when banks fail passes out of Senate Banking Committee

WASHINGTON — The Senate Banking Committee on Wednesday voted to send to the full Senate a bill that aims to…

‘We do not want only a cease-fire’: EU chief calls for lasting peace in Ukraine

LONDON — A cease-fire in Ukraine is not enough for European officials, who want lasting peace in the region, European…

Business in China is getting harder for European companies despite the end of Covid controls

BEIJING – European businesses in China are finding it harder to operate in the country, even after it has re-opened…

Ukraine war live updates: Putin says new nuclear missiles ready to deploy soon; West pledges billions to help rebuild Ukraine

This is CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates.  International leaders,…

House GOP retirement fund bill takes aim at ESG investing

House Republicans are continuing their attempt to pump the brakes on so-called “woke” investing with new legislation that could place…

Biden labels Chinese President Xi a dictator

U.S. President Joe Biden on Tuesday called Chinese leader Xi Jinping a dictator, drawing a harsh response from China and…

Chinese EV maker Nio raises more than $700 million in capital injection from Abu Dhabi

BEIJING — Chinese electric car company Nio announced Tuesday it received $738.5 million in new capital from a fund owned…