business news

Stocks making the biggest moves midday: Micron, Paramount, McCormick and more

Check out the companies making headlines in midday trading Tuesday. PagSeguro — Shares popped 4.1% on Tuesday after Citi upgraded…

Pence ordered to testify in probe of Trump’s efforts to overturn 2020 election

A federal judge ordered former Vice President Mike Pence to comply with a grand jury subpoena issued as part of…

BlackRock warns that investors are making a mistake by betting on the Fed to cut rates

Investors are too confident the Federal Reserve will cut interest rates this year and could pay the price later, according…

As McCarthy laments ‘no progress,’ here’s where U.S. debt ceiling talks stand

House Speaker Kevin McCarthy said Tuesday that there has been “no progress” in debt ceiling negotiations between House Republicans and…

Bank stocks fall after top regulators back stricter regulations at high-profile Senate hearing on collapse of SVB

This was CNBC’s live blog on Tuesday’s hearing on the collapse of Silicon Valley Bank and other lenders before the…

Trump live updates: Indictment in hush money case not expected this week, NBC reports

This is CNBC’s live blog tracking developments Tuesday of ongoing criminal investigations into former U.S. President Donald Trump, including the…

Stocks making the biggest moves before the bell: Alibaba, Lyft, Walgreens and more

Check out the companies making headlines in premarket trading. Alibaba — Shares jumped 9.8% after the e-commerce giant said it…

‘Be very vigilant’: Bank of England chief says the market is testing banks to identify weakness

LONDON — Bank of England Governor Andrew Bailey on Tuesday vowed to be “very vigilant” amid ongoing volatility and suggested…

German and British tanks arrive in Ukraine; Russia fires supersonic missiles off Japan’s coast

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

This is not another banking crisis, analysts say — it’s ‘sentiment contagion’ instead

The collapse of U.S.-based Silicon Valley Bank, the biggest bank failure since the global financial crisis, and the emergency rescue…