Business

In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen.Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesWarner Bros. Discovery reported first-quarter results on Thursday, missing analyst…

A jobseeker takes a flyer at a job fair at Brunswick Community College in Bolivia, North Carolina, on April 11, 2024.Allison Joyce | Bloomberg | Getty ImagesHiring likely continued at a brisk pace in April as investors look for any cracks…

BEIJING, CHINA - DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images)Vcg | Visual China…

The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, lifting hopes that the Federal Reserve will be able to cut interest rates in the coming months.Nonfarm payrolls increased by 175,000 on the month,…

People dine outside a Sweetgreen in Manhattan.Jeenah Moon | The Washington Post | Getty ImagesSweetgreen shares surged nearly 34% on Friday after the company topped Wall Street's revenue expectations for the fiscal first quarter and raised…

A Turkish national flag, left, and a flag bearing the portrait of Kemal Ataturk, founder of the modern Turkish republic, hang from the exterior of a building in the Sisli district of Istanbul, Turkey, on Monday, Aug. 29, 2022.Bloomberg |…

An Emirates Airlines planeKarim Sahib | AFP | Getty ImagesDUBAI, United Arab Emirates — Dubai-based carrier Emirates airline on Monday reported record annual profit of 17.2 billion dirhams ($4.7 billion) for the 2023-2024 financial year, up…

A networking and hiring event for professionals of color in Minneapolis.Michael Siluk | Getty ImagesThe unemployment rate for Black Americans fell in April, bucking the overall trend, according to data released Friday by the Department of…

SoftBank's Vision Fund, the brainchild of the company's founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics.Kentaro…

The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force and birth rates remain low, economists and the Federal Reserve are touting the importance…

Sony said sales of its flagship PlayStation 5 console totalled 20.8 million in the fiscal year 2023 slightly lower than an already revised-down 21 million unit target.Nikos Pekiaridis | Nurphoto | Getty ImagesSony on Tuesday reported a 7%…

A sign advertising a home for sale is displayed outside of a Manhattan building on April 11, 2024 in New York City. Spencer Platt | Getty ImagesThe dream of home ownership has gotten even further away for renters, with higher housing costs…

Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming.Bobby Yip | ReutersTencent beat analyst estimates for revenue and profit in the first quarter, thanks…

Reckless government spending enabled by the Federal Reserve is hurting average Americans and endangering President Joe Biden's chances at getting reelected, billionaire investor Stanley Druckenmiller said Tuesday.During an appearance on…

Home Depot on Tuesday posted quarterly revenue below Wall Street's expectations, as shoppers postponed bigger discretionary projects like bath and kitchen remodels because of higher interest rates and made spring purchases late.Still, the…

Jobseekers during a Construction Career Fair at Cape Fear Community College in Wilmington, North Carolina, US, Wednesday, March 15, 2023. Allison Joyce | Bloomberg | Getty ImagesInitial filings for unemployment benefits have hit their…

Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the world. Alibaba said its own product is currently undergoing internal testing.Kuang Da | Visual China Group | Getty…

Commuters in London.Jason Alden/Bloomberg via Getty ImagesThe U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, official figures showed Friday, beating expectations.Economists polled by…

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 Friday's key moments. U.S. stocks were flat on Friday, a session after the Dow hit above the 40,000 mark for the…

The flags of the U.S. and Germany are on the table at a bilateral meeting between German Economics Minister Habeck and U.S. Secretary of State Blinken at a hotel on the Gendarmenmarkt. Photo: Christoph Soeder/dpa (Photo by Christoph…

Palo Alto Networks is clawing its way back after a brutal earnings sell-off in February, and Wall Street analysts say the cybersecurity company's earnings next week will justify its resurgence. Shares of Palo Alto plunged 28% on Feb. 21, a…

Bank of England Governor Andrew Bailey attends the central bank's Monetary Policy Report press conference at the Bank of England, in London, on May 9, 2024. The Bank of England on Thursday kept its main interest rate at a 16-year high, but…

Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2024.Stefan Wermuth | Bloomberg | Getty ImagesCisco reported earnings and revenue for the…

At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there's a strong interest in microloans as cash-strapped Americans try to scrape by.That…

EasyJet Plc passenger aircraft on the tarmac at London Southend Airport in Southend-on-Sea, UK, on Friday, May 3, 2024.Bloomberg | Getty ImagesShares of EasyJet fell more than 7% on Thursday after the low-cost airline posted a slightly…

Consumer sentiment slumped as inflation expectations rose, despite otherwise strong signals in the economy, according to a closely watched survey released Friday.The University of Michigan Survey of Consumers sentiment index for May posted…

15 November 2023, Bavaria, Munich: Flags with the word "Siemens" in front of the company's headquarters.Karl-Josef Hildenbrand | Picture Alliance | Getty ImagesShares in German technology giant Siemens fell by over 5% on Thursday after the…

Consumers in April raised their expectations for price increases both in the near and longer term, fueled by higher inflation in home prices along with fuel and energy, according to a New York Federal Reserve survey released Monday.The…

A BT Group Plc logo on a EE/BT Group Plc store in London, UK, on Wednesday, May 17, 2023.Hollie Adams | Bloomberg | Getty ImagesLONDON — Shares of BT Group surged Thursday after the company announced a target of a further £3 billion ($3.8…

Wholesale prices jumped more than expected in April, putting up another potential roadblock to interest rate cuts anytime soon.The producer price index, a gauge of prices received at the wholesale level, increased 0.5% for the month, higher…