business news

Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows

Job growth fared better than expected in April despite bank turmoil and a decelerating economy, the Labor Department reported Friday.…

Stocks making the biggest moves premarket: Cigna, Apple, DraftKings, Lyft & more

Check out the companies making the biggest moves premarket: Cigna — Cigna gained 3% in premarket trading after beating top-…

Wagner leader says his forces will leave Bakhmut; Bill Clinton says he foreshadowed Russian invasion

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

HSBC defeats proposal to spin off its Asian business at contentious shareholder meeting

Banking giant HSBC on Friday defeated a proposal, backed by its largest stakeholder Chinese insurer Ping An, to consider spinning…

Consumers in China are dining at nicer restaurants — even if it costs $500 a person

BEIJING — A new restaurant scene is growing more popular across China: fine dining. Despite the Covid-19 pandemic, a brand…

Stocks making the biggest moves after hours: Apple, Carvana, DoorDash, Block and more

Check out the companies making headlines in after hours trading. Apple — The tech giant added nearly 2% after an…

Key Florida business lobby isn’t picking sides in feud between its allies Disney, DeSantis

The Florida Chamber of Commerce has counted Disney as an ally for over a decade and helped propel Republican Gov.…

More than 250 business leaders back Julie Su for Labor secretary as nomination hangs in the balance

More than 250 business leaders are urging the Senate to confirm acting Labor Secretary Julie Su to helm the department,…

Americans haven’t been this worried about their bank deposits since the 2008 financial crisis

Recent events may be chipping away at confidence in the U.S. financial system, according to the findings of a Gallup…