business news

The ‘great resignation’ — a trend that defined the pandemic-era labor market — seems to be over

During the past year, the rate at which Americans quit their jobs has steadily declined from a record high back…

A U.S. recession would be ‘good news’ for markets, strategist says

A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder…

JPMorgan’s Dimon says other execs at the bank could have booted Epstein when he was a client

JPMorgan Chase CEO Jamie Dimon testified last week that top bank executive Mary Erdoes and the firm’s then-head lawyer had…

Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to…

Russia says it repelled another attack on its soil; UK PM says Ukraine’s rightful place is in NATO

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Some 40 European…

Stocks making the biggest moves after hours: C3.ai, Nordstrom, Salesforce, CrowdStrike and more

Check out the companies making headlines after the bell. Nordstrom — Shares of the high-end department store jumped 9% in…

TripAdvisor rival GetYourGuide nears $2 billion valuation as it raises fresh funds to invest in A.I.

German online travel startup GetYourGuide raised $194 million from investors, hoping to capitalize on a bump in demand for travel…

German minister calls for maturity on U.S. debt ceiling talks: ‘We have to avoid further risks’

German Finance Minister Christian Lindner hopes American lawmakers will be “mature” over the debt ceiling negotiations to avoid further headwinds…

Wagner chief says Ukraine’s counteroffensive has started; Kyiv says it needs more time and arms

This was CNBC’s live blog tracking developments on the war in Ukraine on May 11, 2023. See here for the…