Business

Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod, Russia on June 11, 2024.Sefa Karacan | Anadolu | Getty ImagesTurkey's request to join the BRICS alliance is…

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017.David Paul Morris | Bloomberg | Getty ImagesOracle shares rose 9% in extended trading on Monday…

Italian Prime Minister Mario Draghi during the press conference at the Multifunctional Hall of the Prime Minister on July 12, 2022 in Rome, Italy.Massimo Di Vita | Mondadori Portfolio | Getty ImagesThe European Union needs up to 800 billion…

Khalid Al-Falih, Saudi Arabia's investment minister, during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 8, 2023. Bloomberg | Bloomberg | Getty ImagesSaudi Minister of Investment Khalid al-Falih pushed back against…

The European Union has successfully avoided the "terrible prophecies" that threatened its economy in recent years, but must still contend with Russia's war in Ukraine and a tenuous trade relationship with China, outgoing European…

Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio of central bank decisions this week sent a clear message to markets that officials are preparing to…

An attendee takes information about a California State job at a City Career Fair hiring event in Sacramento, California, US, on Wednesday, June 5, 2024. David Paul Morris | Bloomberg | Getty ImagesThe unemployment rate for Black Americans…

The August jobs report came in weaker than expected, and employment growth by different industries showed a mixed bag for the U.S. economy.The growth was led by leisure and hospitality and health care and social assistance, with each…

The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the way for the Federal Reserve to lower interest rates later this month.Nonfarm payrolls expanded by 142,000 during…

Broadcom reported an earnings beat Thursday, driven by strong sales of its AI products and VMware software. But management's guidance for the current quarter disappointed investors, sending shares of the chipmaker down nearly 7% in the…

Broadcom CEO Hock Tan.Lucas Jackson | ReutersBroadcom reported fiscal third-quarter results on Thursday that beat Wall Street expectations for revenue and earnings.Broadcom shares fell 5% in extended trading.Here is how the chipmaking…

Andreypopov | Istock | Getty ImagesWall Street is gearing up for one of the most important economic releases of the year Friday, when the Labor Department puts out a jobs report expected to go a long way in determining the future of Federal…

Private sector payrolls grew at the weakest pace in more than three-and-a-half years in August, providing yet another sign of a deteriorating labor market, according to ADP.Companies hired just 99,000 workers for the month, less than the…

A worker at a Volvo car store introduces the Volvo xc60 and other models via a live streaming in Shanghai, China, March 18, 2024.Cfoto | Future Publishing | Getty ImagesVolvo Cars on Thursday scaled back its margin and revenue targets,…

Alvaro Gonzalez | Moment | Getty ImagesLayoffs soared in August, hitting their highest total for the month in 15 years, while year-to-date hiring reached a historic low, outplacement firm Challenger, Gray & Christmas reported…

speaking at Jackson Hole on August 23, 2024.  David A. Grogan | CNBCAtlanta Federal Reserve President Raphael Bostic signaled Wednesday that he is ready to start lowering interest rates even though inflation is still running above the…

A trader signals an offer in the Standard & Poor's 500 stock index futures pit at the CME Group in Chicago on Dec. 14, 2010.Scott Olson | Getty Images News | Getty ImagesThe relationship between the 10- and 2-year Treasury yield briefly…

A cyclist rides past a "Now Hiring" sign posted on a business storefront in San Gabriel, California on August 21, 2024. Frederic J. Brown | Afp | Getty ImagesJob openings slumped to their lowest level in three and a half years in July, the…

A Dick's Sporting Goods store at the Los Cerritos Center shopping mall on February 21, 2024 in Cerritos, California. Kirby Lee | Getty Images News | Getty ImagesDick's Sporting Goods on Wednesday blew past Wall Street's earnings estimates…

A sign is posted in front of a Dollar Tree and Family Dollar store on March 13, 2024 in Rio Vista, California. Justin Sullivan | Getty ImagesShares of Dollar Tree fell about 10% in premarket trading Wednesday after the discounter cut its…

Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | ReutersU.S. factories remained in slowdown mode in August, fueling fears…

Zilch CEO Phil Belamant.ZilchBritish financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company as it looks toward an eventual initial public offering.In a trading update,…

Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to enact its first interest rate reduction in more than four years.The Commerce Department reported Friday that the personal…

A woman takes a selfie photo, with the Eiffel Tower in the background, at Surcouf street in Paris, on July 23, 2024, ahead of the Paris 2024 Olympic Games. Mauro Pimentel | Afp | Getty ImagesEuro zone inflation dropped to a three-year low…

Lululemon lowered its guidance and posted its first revenue miss in more than two years on Thursday after it botched a highly anticipated product launch and growth slowed in the Americas. The company now expects full-year net revenue to be…

Dev Ittycheria, CEO, MongoDB.Scott Mlyn | CNBCMongoDB shares jumped as much as 16% in extended trading on Thursday after the database software maker reported healthy fiscal second-quarter earnings and pushed up full-year guidance.Here's how…

An Ulta Beauty store in New York, US, on Monday, Aug. 19, 2024. Yuki Iwamura | Bloomberg | Getty ImagesUlta Beauty shares fell 7% in extended trading Thursday after the company fell short of second-quarter expectations and trimmed its…

A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia. Sha Hanting | China News Service | Getty ImagesFederal Reserve officials will get the latest look at their favorite inflation indicator Friday, a data snapshot…

Best Buy 's quarterly beat and guidance raise on Thursday was good for a 15% pop in the stock as investors rewarded better execution and the promise of wider adoption of AI devices and lower interest rates. Revenue in the company's fiscal…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. The S & P 500 advanced 0.7% Thursday, despite tech behemoth Nvidia's post-earnings…