Business

Eggs are displayed for sale in a Manhattan grocery store on Feb. 25, 2025 in New York City.Spencer Platt | Getty ImagesThe U.S. Justice Department has opened an investigation into potential antitrust issues related to the surging price of…

A hiring sign is displayed in the window of a Chipotle on August 22, 2024 in Alexandria, Virginia. Anna Rose Layden | Getty ImagesThe unemployment rate among Black men saw a significant improvement in February – even as the rate ticked…

Getty Images | CNBC | Getty ImagesFebruary marked another strong month for health care despite job growth overall coming in weaker than expected but stable.Last month, health care and social assistance led the way for job creation, adding…

Hock Tan, CEO of Broadcom.Martin H. Simon | Bloomberg | Getty ImagesBroadcom shares climbed about 5% after the company posted strong first-quarter earnings and guidance that signaled ongoing artificial intelligence demand.The chipmaker…

Job growth was weaker than expected in February though still stable despite President Donald Trump's efforts to slash the federal workforce.Nonfarm payrolls increased by a seasonally adjusted 151,000 on the month, better than the downwardly…

U.S. Treasury Secretary Scott Bessent attends at an Economic Club of New York event in New York City, U.S., March 6, 2025. Jeenah Moon | ReutersTreasury Secretary Scott Bessent on Friday acknowledged some signs of weakness in the U.S.…

Europe's struggling economy has economists worried — and senior European Central Bank policymaker Mário Centeno, echoes that view."I am very concerned about the European economy," Centeno, who is also governor of the Bank of Portugal, told…

Costco on Thursday reported another sturdy — if mixed — quarter, demonstrating that its focus on keeping prices low continues to bring more shoppers to its stores at an uncertain time for the U.S. economy. Total revenue in its second…

Broadcom shares were rewarded Thursday evening after the chipmaker delivered the kind of quarterly beats and strong guidance needed to ease investor fears about a potential slowdown in artificial intelligence semiconductor spending. Revenue…

Costco on Thursday reported an earnings miss, but beat expectations for revenue for the second quarter as quarterly comparable sales rose.Shares ticked down over 1% in extended trading on Thursday evening.Here's how the wholesale company…

Broadcom CEO Hock Tan.Lucas Jackson | ReutersBroadcom reported first-quarter earnings on Thursday that topped analysts' expectations, and the chipmaker offered strong guidance for the current quarter. The stock jumped 16% in extended…

A shopper carries her early Black Friday purchases on Thanksgiving Day, November 28, 2024, at the Citadel Outlets shopping center in Los Angeles. Robyn Beck | AFP | Getty ImagesGap on Thursday posted another quarter that blew away…

Antonio Neri, CEO of Hewlett Packard Enterprise, speaks during an interview with CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, October 20, 2023.Brendan McDermid | ReutersHewlett Packard Enterprise shares slid 16%…

People walk past digital billboards at the Moynihan Train Hall displaying a new initiative from New York Governor Kathy Hochul titled 'New York Wants You', a program designed to recruit and employ displaced federal workers across New York…

Scott Bessent, US treasury secretary, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, March 6, 2025. Sanctions on Russia "will be used explicitly and aggressively for immediate maximum impact" at…

Matt Murphy, CEO, Marvell TechnologyScott Mlyn | CNBCMarvell Technology shares plummeted more than 17% after the chipmaker's guidance fell short of some elevated buyside estimates.For the first fiscal quarter, the chipmaker said it expects…

Dev Ittycheria, CEO of MongoDBAdam Jeffery | CNBCMongoDB shares cratered more than 20% after the database software maker shared weak guidance that signaled a slowdown in growth.For the fiscal 2026 year, the company said it expects adjusted…

The European Central Bank on Thursday cut interest rates by 25 basis points and updated the language in its decision to say monetary policy was becoming "meaningfully less restrictive."The cut brings the ECB's deposit facility rate, its key…

German airline group Lufthansa is hopeful that the new U.S. administration will support Boeing in overcoming issues that have led to industry-wide delivery delays, CEO Carsten Spohr said Thursday.The company expects 2025 will be the year…

Recently fired U.S. Agency for International Development (USAID) staff carry boxes with a message as they leave work and are applauded by former USAID staffers and supporters during a sendoff outside USAID offices in Washington, D.C., U.S.,…

Macy's delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to take the chain private.Across the…

Dev Ittycheria, CEO of MongoDBAdam Jeffery | CNBCMongoDB shares sank 16% in extended trading on Wednesday after the database software maker issued disappointing guidance.Here's how the company did in comparison with LSEG consensus:Earnings…

CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21, 2019.Martina Albertazzi | Bloomberg | Getty ImagesCrowdStrike shares dropped 9% after issuing weak earnings…

The European Central Bank is expected to cut interest rates for the second time this year at its Thursday meeting, but disagreement among policymakers may be set to increase amid tariff uncertainty and a potential ramp-up in regional…

Markus Söder (l-r), Chairman of the CSU and Minister President of Bavaria, Friedrich Merz, candidate for Chancellor of the CDU/CSU, Chairman of the CDU/CSU parliamentary group and Federal Chairman of the CDU, Lars Klingbeil, Chairman of the…

A person exits a Home Depot store in Midtown Manhattan on February 26, 2025 in New York City. Eduardo Munoz Alvarez | Corbis News | Getty ImagesPrivate sector job creation slowed to a crawl in February, fueling concerns of an economic…

An Abercrombie & Fitch store stands in midtown Manhattan in New York City on Oct. 24, 2024.Spencer Platt | Getty ImagesAbercrombie & Fitch's growth story is starting to slow down.The apparel retailer issued weaker-than-expected…

Foot Locker said Wednesday it expects another year of deep discounts in the sneaker industry as its largest brand partner Nike continues its reset and relies on markdowns to clear through stale inventory. The footwear giant delivered mix…

An Adidas flagship store at Nanjing Road Pedestrian Street in Shanghai, China.Cfoto | Future Publishing | Getty ImagesAdidas on Wednesday reported an uptick in fourth-quarter sales that exceeded expectations, as the retailer sold off the…

CrowdStrike reported a strong fourth-quarter results Tuesday night, delivering beats on revenue, adjusted earnings and net new annual recurring revenue. However, the stock is under pressure in extended trading after the fast-growing…