business news

Stocks making the biggest moves premarket: Palo Alto Networks, Apple, Target and more

Check out the companies making headlines in premarket trading. Apple — The tech giant’s shares rose about 1% ahead of…

Italy is a bargain for vacationing Americans. Not so much for Italians

RIMINI, Italy — The seaside town of Rimini is the Jersey Shore of Italy: From here to the port town of…

Russia says it thwarted large-scale offensive in Donetsk; Kremlin dismisses fake Putin radio ‘hack’

This was CNBC’s live blog tracking developments on the war in Ukraine on June 5, 2023. See here for the…

Is China heading for Japan-like stagnation? Economist says the worst is likely behind us

BEIJING — China’s economic recovery from the pandemic is set to broaden, meaning the country isn’t headed toward Japan-style stagnation…

IMF chief says there’s no significant slowdown in lending and the Fed may need to do more

The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal…

World’s spy chiefs meet in secret conclave in Singapore

Senior officials from about two dozen of the world’s major intelligence agencies held a secret meeting on the fringes of…

‘Not just a fad’: Firm launches fund designed to capitalize on A.I. boom

A major ETF firm provider is betting the artificial intelligence boom is just starting. Roundhill Investments launched the Generative AI…

Time is running out to repay Covid-era 401(k), IRA withdrawals — and claim a tax refund

Retirement savers who withdrew money from their accounts in the early days of the Covid-19 pandemic may have just days…

U.S., China trade blame as hopes for military dialogue fade

U.S. Secretary of Defense Lloyd Austin rebuked China on Saturday for refusing to hold military talks, leaving the superpowers deadlocked…

Biden signs debt ceiling bill, avoiding a catastrophic economic default

WASHINGTON — President Joe Biden on Friday evening gave his first address from the Oval Office to discuss a bill to…