Business

Two women hold an umbrella while sitting at an outdoor table of a cafe on April 01, 2024 in Rome, Italy. Emanuele Cremaschi | Getty Images News | Getty ImagesInflation in the 20-nation euro zone eased to 2.4% in March, according to flash…

A money changer holds Turkish lira and U.S. dollar banknotes at a currency exchange office in Ankara, Turkey December 16, 2021.Cagla Gurdogan | ReutersTurkey's annual inflation rose to 68.5% for the month of March, an increase on February's…

Lynn Curry, nurse practitioner for Huntsville Reproductive Medicine, P.C., lifts frozen embryos out of IVF cryopreservation dewar, in Madison, Alabama, U.S., March 4, 2024. Roselle Chen | ReutersAs legal battles over reproductive rights…

The Commerce Department on Friday will release the February reading for the personal consumption expenditures price index, which the Federal Reserve considers its most important inflation measure.CNBC TV will have special coverage starting…

Inflation rose in line with expectations in February, likely keeping the Federal Reserve on hold before it can start considering interest rate cuts, according to a measure the central bank considers its more important barometer.The personal…

Huawei brought one of the largest displays to Mobile World Congress in Barcelona in February 2024.Sopa Images | Lightrocket | Getty ImagesBEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than…

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. Andrew Kelly | ReutersWalgreens on Thursday reported fiscal second-quarter sales that beat Wall…

HONG KONG, CHINA - 2021/08/07: Pedestrians cross the street in front of the Swedish multinational clothing design retail company Hennes & Mauritz, H&M, store in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty…

Stubbornly high inflation could push the Federal Reserve into a more cautious stance this year regarding interest rate cuts, the central bank's former vice chair said Friday.Richard Clarida, who served as Fed governor until January 2022 and…

Terry Vine | Getty ImagesFalling fertility rates are set to spark a transformational demographic shift over the next 25 years, with major implications for the global economy, according to a new study.By 2050, three-quarters of countries are…

Lululemon on Thursday reported holiday earnings that topped expectations, but the athletic apparel retailer's guidance came in below estimates as its growth in North America stagnates.Here's how the company did in its fourth fiscal quarter…

Nike's China sales continued to slow during its holiday quarter, but the retailer beat estimates on the top and bottom line, helped by better than expected growth in North America and price changes.Here's how the company performed compared…

The Swiss National Bank (SNB) offices ahead of the bank's rate announcement news conference in Zurich, Switzerland, on Thursday, March 23, 2023.Bloomberg | Bloomberg | Getty ImagesThe Swiss National Bank on Thursday surprised the market…

The Micron Technology headquarters in Boise, Idaho, on March 28, 2021.Jeremy Erickson | Bloomberg | Getty ImagesShares of Micron popped more than 14% in extended trading on Wednesday after the company announced second-quarter fiscal 2024…

Christine Lagarde, president of the European Central Bank, at the ECB And Its Watchers conference in Frankfurt, Germany, on March 20, 2024. Bloomberg | Bloomberg | Getty ImagesEuropean Central Bank chief Christine Lagarde on Wednesday…

A picture taken on August 14, 2018 shows the logo of Turkey's Central Bank at the entrance of its headquarters in Ankara, Turkey.ADEM ALTAN | AFP | Getty ImagesTurkey's central bank is opting for a different monetary tightening method as it…

Construction workers are seen at a new condominium building project in Huerth, western Germany, on April 5, 2023.Ina Fassbender | Afp | Getty ImagesShares of German property giant Vonovia fell as much as 7% on Friday, shining a light on a…

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 tumbled as much as 11% in extended trading…

Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesFrom consumer and wholesale prices to longer-term public expectations, inflation served up multiple reminders this week that it…

Wholesale prices accelerated at a faster than expected pace in February, another reminder that inflation remains a troublesome issue for the U.S. economy.The producer price index, which measures pipeline costs for raw, intermediate and…

Dick's Sporting Goods logo is seen on the shop in Williston, United States on June 19, 2023. Jakub Porzycki | Nurphoto | Getty ImagesDick's Sporting Goods raised its dividend by 10% on Thursday as the company posted its largest sales…

The European Central Bank must take its time to get interest rate cuts right, its chief economist, Philip Lane, said Thursday."A lot of evidence is accumulating, but what's also fair to say is that the transition from this holding phase,…

Shopper carrying two large shopping bags from the clothing retailer Zara on Oxford Street on 5th February 2024 in London, United Kingdom. Oxford Street is a major retail centre in the West End of the capital and is Europes busiest shopping…

Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California. Justin Sullivan | Getty ImagesAdidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear…

People walk along Waterloo Bridge past the City of London skyline, the capital's financial district, on a sunny and mild day.Sopa Images | Lightrocket | Getty ImagesLONDON — U.K. gross domestic product grew 0.2% in January, the Office for…

Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting to lower interest rates.The consumer price index, a broad measure of goods and services costs, increased 0.4% for the…

Customers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida. Joe Raedle | Getty Images News | Getty ImagesConsumer spending bounced back in February from a January dip, with a little help from Leap Day. But…

The Porsche Mission X on display at the IAA Mobility 2023 show in Munich, Germany.Arjun Kharpal | CNBCPorsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked…

The chief executive of Denmark's Lego on Tuesday reflected on a tough year for the world's largest toymaker, and outlined the firm's long-term plans to stay relevant and "cool with kids."Lego said its 2023 revenue was 2% higher compared to…

Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018.David Paul Morris | Bloomberg | Getty ImagesOracle reported quarterly earnings on Monday that…