business news

Stocks making the biggest moves premarket: Shopify, Global Payments, MongoDB and more

Check out the companies making headlines before the bell Wednesday. Shopify — Shares of the e-commerce company gained 2.4% after…

Warren Buffett explains why he bought 5 Japanese trading houses: I was ‘confounded’ by the opportunity

Warren Buffett said he was “confounded” by the opportunity to buy into five Japanese trading houses two years ago. “I…

Zelenskyy slams ‘beasts’ in gruesome beheading video; Kremlin calls footage ‘terrible’

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

Banking turmoil was not a crisis but ‘the downside risks are real,’ IIF boss warns

The banking sector turmoil that led to the collapse of several lenders was not a systemic crisis and has now…

Macron bypassed parliament and angered French citizens, setting up the far right for a bounce

President Emmanuel Macron’s controversial pension overhaul, pushed through by overriding the country’s parliament, could eventually erase what the French leader…

Wall Street is wrong: Former Pimco chief economist Paul McCulley predicts rate hikes will end next month

Wall Street is wrong about the Federal Reserve’s interest rate path, according to former Pimco chief economist Paul McCulley. Barring…

Manhattan DA Alvin Bragg sues Rep. Jim Jordan over House probe of Trump investigation

Manhattan District Attorney Alvin Bragg on Tuesday filed a federal lawsuit seeking to block a House Judiciary Committee subpoena issued…

Stocks making the biggest moves midday: WW International, CarMax, Mohawk, Moderna and more

Check out the companies making headlines in midday trading. WW International – Shares of the WeightWatchers parent surged 48%. Goldman…

Texas mifepristone ruling threatens abortion access in states where procedure is legal, attorneys general say

Attorneys general for nearly half of U.S. states in a new court filing warn that a federal judge’s decision to…

Banks in ‘more precarious situation’ creating risks for global growth, IMF chief economist warns

Interest rate rises have increased banks’ vulnerabilities — and their response presents a significant risk to global growth, the International…