business news

Stocks making the biggest moves midday: Rivian, Western Alliance, Peloton and more

Check out the companies making headlines in midday trading Monday. Abbott Laboratories — The medical device company jumped 7.8% on…

U.S. government watchdog: Health chief Becerra violated Hatch Act

Health and Human Services Secretary Xavier Becerra violated the Hatch Act by expressing support for Democratic Senator Alex Padilla’s re-election…

Supreme Court says Halkbank not immune from U.S. prosecution for Iran sanctions violations under FSIA

The Supreme Court ruled Wednesday that Halkbank, which is owned by the government of Turkey, is not immune from criminal…

Ex-Trump Organization CFO Weisselberg released from jail

Former Trump Organization Chief Financial Officer Allen Weisselberg was released from jail on Wednesday, according to New York City Department…

Robo-advisor Betterment settles tax charges with SEC for $9 million

Robo-advisor firm Betterment agreed on Tuesday to settle charges with the U.S. Securities and Exchange Commission for $9 million over…

Stocks making the biggest moves premarket: United Airlines, Netflix, Morgan Stanley and more

Check out the companies making headlines before the bell. United Airlines — The airline lost 0.9% in the premarket after…

Morgan Stanley tops estimates on better-than-expected bond trading revenue

Morgan Stanley on Wednesday topped estimates for first-quarter profit and revenue on better-than-expected trading results. Here’s how the company did:…

U.S. ‘can cheat at any moment,’ Russia says; Kremlin rejects allegations over North Sea spying

This was CNBC’s live blog tracking developments on the war in Ukraine on April 19, 2023. See here for the…

‘We should be worried’: Finance leaders warn rising interest rates are squeezing low-income countries

Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries, around 60%…

UK inflation rate surprises again with March figure holding above 10%

U.K. inflation unexpectedly remained in double-digits in March as households continued to grapple with soaring food and energy bills. The…