business news

Schumer demands Texas end judge cherry-picking after ‘flawed’ abortion pill decision

Senate Majority Leader Chuck Schumer, D-N.Y., urged a top U.S. judge in Texas to reform his district’s case-assignment rules that he…

Fed report on SVB collapse faults bank’s managers — and central bank regulators

Silicon Valley Bank’s dramatic failure in early March was the product of mismanagement and supervisory missteps, compounded by a dose…

Stocks making the biggest moves premarket: Snap, Intel, First Solar, Exxon Mobil & more

Check out the companies making headlines in premarket trading. Capital One — Shares were down 3.3% after disappointing quarterly earnings.…

Key inflation gauge for the Fed rose 0.3% in March as expected

Despite a year’s worth of interest rate increases, inflation rose again in March, according to economic data released Friday that…

These are the top Senate races to watch in 2024

Democrats grew their Senate majority in 2022. They’ll be lucky to keep those gains in 2024. Republicans, who took over…

Euro zone economy ekes out 0.1% growth in first quarter, misses expectations as Germany stagnates

The euro zone economy grew by a marginal 0.1% in the first quarter of the year, preliminary figures showed Friday,…

Russian airstrikes in Ukrainian cities kill at least 23; Kyiv says it’s planning counteroffensive

This was CNBC’s live blog tracking developments on the war in Ukraine on April 28, 2023. See here for the…

China’s A.I. chatbots haven’t yet reached the public like ChatGPT did

BEIJING — More than two months since the ChatGPT craze hit China, a similar artificial intelligence-based product has yet to…

IMF warns of ‘disorderly’ house price corrections in Europe as interest rates move higher

STOCKHOLM, Sweden — The International Monetary Fund warned Friday of “disorderly” house price corrections in Europe, at a time when…

Swiss central bank promises regulation review after collapse of Credit Suisse

The Swiss National Bank on Friday pledged to review banking regulations during its annual general meeting in Bern, following recent…