Business

Sanjay Mehrotra, Micron Technology President & CEO at the WEF in Davos, Switzerland on May 24th, 2022.Adam Galica | CNBCMicron shares fell about 3% in extended trading on Wednesday as investors looked past better-than-expected results…

A Southwest Airlines jet is parked Ellison Onizuka Kona International Airport at Kehole awaiting passengers on January 20, 2024 in Kailua-Kona, Hawaii.Kevin Carter | Getty ImagesSouthwest Airlines shares fell roughly 4% in premarket trading…

GP: American flag and Chinese flagMatt Anderson Photography | Moment | Getty ImagesA recent survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long term despite growing concerns about U.S.-China…

A pedestrian walks by a parked FedEx delivery truck on March 21, 2024 in San Francisco, California.Justin Sullivan | Getty ImagesFedEx shares soared more than 15% after hours Tuesday after the company reported results that topped analysts'…

Michelle Bowman, governor of the US Federal Reserve, speaks during the Exchequer Club meeting in Washington, DC, US, on Wednesday, Feb. 21, 2024. Kent Nishimura | Bloomberg | Getty ImagesFederal Reserve Governor Michelle Bowman said Tuesday…

Wall Street advanced during this holiday-shortened trading week, with the S & P 500 and Nasdaq both reaching new all-time highs in the first half of the week before pulling back some. The S & P 500 and Nasdaq were able to finish the…

It was another solid quarter for our stocks. Most of the earnings reports — 25 out of 32 portfolio names — were ranked as good or great by the Investing Club. There were plenty of drivers of that success, but the strong consumer was one key…

Kristalina Georgieva, chief executive officer of the World Bank Group, arrives to a briefing at the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington, DC, US, on Friday, April 19, 2024.Bloomberg |…

Customers arrive at an Olive Garden location in San Antonio, Texas.Callaghan O'Hare | Bloomberg | Getty ImagesCasual-dining chains are gaining customers who have grown frustrated with higher fast-food prices, Darden Restaurants CEO Rick…

General view of the Bank Of England building in London. Sopa Images | Lightrocket | Getty ImagesLONDON — The Bank of England on Thursday opted to keep interest rates steady at its June meeting, but described the decision as "finely…

Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants Incorporated headquartered in Florida. Universal Images Group | Getty ImagesDarden Restaurants on Thursday reported mixed…

A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. Denis Balibouse | ReutersThe Swiss National Bank on Thursday trimmed its key interest rate by 25 basis points to…

Participants during the snowboarding activity with the Hoods to Woods Foundation at Big Snow American Dream in East Rutherford, New Jersey on June 13, 2024.Danielle DeVries | CNBCEAST RUTHERFORD, N.J. — For 16-year-old Zyshawn Gibson,…

Shoppers on the high street in the Kingston district of London, U.K.Bloomberg | Bloomberg | Getty ImagesU.K. inflation fell to the Bank of England's target of 2.0% in May, the Office for National Statistics said Wednesday, in the last print…

Shoppers on the high street in the Kingston district of London, U.K.Bloomberg | Bloomberg | Getty ImagesU.K. inflation fell to the Bank of England's target of 2.0% in May, the Office for National Statistics said Wednesday, in the last print…

Economist Claudia Sahm on CNBC's The Exchange.CNBCThe Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author of a time-tested rule for when recessions happen.Economist…

A worker assists with check-out at a Costco store in Teterboro, New Jersey, US, on Wednesday, Feb. 28, 2024. Stephanie Keith | Bloomberg | Getty ImagesRetail spending was weaker than expected in May as consumers continued to wrestle with…

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 20, 2024. Brendan Mcdermid | ReutersAdobe shares surged 15% on Friday, the biggest gain…

The Bank of Japan is largely expected to hold interest rates steady at the end of its 2-day meeting ending June 14, 2024. Seen here, the Japanese flag flying high at the BOJ headquarters in Tokyo.Kazuhiro Nogi | Afp | Getty ImagesThe Bank…

A new endorsement of Starbucks from a top Wall Street research firm doesn't budge our skepticism about the coffee giant's ability to deal with the multiple challenges holding back its stock. Goldman Sachs on Thursday initiated coverage of…

Shantanu Narayen, CEO of Adobe being interviewed by Jim CramerLinda Dimyan | CNBCAdobe shares jumped 15% in extended trading on Thursday after the design software maker reported earnings and revenue that topped estimates.Here's how the…

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. U.S. stocks were mixed Thursday as traders weighed May's producer price index data ,…

A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back.The producer price index, a gauge of prices that producers get for their goods and services in the open market,…

U.S. Treasury Secretary Janet Yellen testifies before a Senate Appropriations Financial Services and General Government Subcommittee hearing on President Biden’s proposed budget request for the Department of Treasury, on Capitol Hill in…

Broadcom shares surged more than 14% in extended trading Wednesday after the chip and software maker delivered better-than-expected quarterly results, driven by strong artificial intelligence and VMware demand. Broadcom also raised its…

Igor Golovniov | Lightrocket | Getty ImagesBroadcom posted earnings for the second fiscal quarter on Wednesday that beat analysts' estimates. It also announced a 10-for-1 stock split, set to begin trading on a split-adjusted basis on July…

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 Chairman Larry Ellison is $18 billion richer…

The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy, the Labor Department reported Wednesday.CPI, a broad inflation gauge that measures a basket of goods and services costs…

People with umbrellas on London Bridge.Karl Hendon | Moment | Getty ImagesLONDON — U.K. economic growth ground to a halt in April, according to flash figures published on Wednesday, stalling the muted rebound from last year's recession mere…

Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017.David Paul Morris | Bloomberg | Getty ImagesOracle shares jumped as much as 9% in…