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IMF says Fed should hold interest rates where they are until ‘at least’ end of year

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during the 2024 CNBC CEO Council Summit in Washington, D.C. on Ju...

European companies in China are under pressure from slower growth, overcapacity

A robot is producing auto parts on the production line of an auto parts company in Minhou County, Fuzhou, China, on May 7, 2024.Nurphoto | Nurpho...

Target shares pop more than 12% as retailer boosts profits, despite lackluster sales forecast

The Target logo is seen on its store on 42nd Street in Times Square, New York City.Deb Cohn-Orbach | UCG | Universal Images Group | Getty ImagesT...

Wholesale prices unexpectedly fell 0.2% in May

A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back.The producer price i...

Business

Boeing CEO blasted by Senate panel: ‘It’s a travesty that you are still in your job’

Boeing's CEO Dave Calhoun and chief engineer Howard McKenzie turn to face those who lost loved ones in fatal crashes as they testify before a Sen...

Why Broadcom stock is tumbling after an earnings beat — and how to play the dip

Broadcom reported an earnings beat Thursday, driven by strong sales of its AI products and VMware software. But management's guidance for the cur...

U.S. will again offer free at-home Covid tests starting in late September

Images By Tang Ming Tung | DigitalVision | Getty ImagesThe Biden administration on Friday said it will resume offering free at-home Covid-19 test...

Macy’s will close about 150 department stores, but open new locations of better performing chains

People shop at the Macy's Herald Square store in New York City, Jan. 19, 2024.Michael M. Santiago | Getty Images News | Getty ImagesAs Macy's cha...

UK economy slipped into technical recession at the end of 2023

Skyline view of the City of London financial district.Mike Kemp | In Pictures | Getty ImagesLONDON — The U.K. economy slipped into a technical re...

Trump says he should get a say on Federal Reserve interest rate decisions

Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in ...

Shares of Micron pop 14% on earnings beat driven by AI boom

The Micron Technology headquarters in Boise, Idaho, on March 28, 2021.Jeremy Erickson | Bloomberg | Getty ImagesShares of Micron popped more than...

Earnings

Oracle shares soar 13% on better-than-expected quarterly earnings

Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018...

Dollar Tree shares plunge 22% after discounter cuts full-year forecast

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

Best Buy stock soars on a beat and raise. We think that’s just the beginning

Latest

JPMorgan top economist says the Fed should cut rates by a half point this month

Michael Feroli, chief U.S. economist of JPMorgan Securities, listens during a Bloomberg Television interview in New York on March 6, 2018.Christo...

Friday’s jobs report for August is going to be huge. Here’s what to expect

Andreypopov | Istock | Getty ImagesWall Street is gearing up for one of the most important economic releases of the year Friday, when the Labor D...

Why Broadcom stock is tumbling after an earnings beat — and how to play the dip

Broadcom reported an earnings beat Thursday, driven by strong sales of its AI products and VMware software. But management's guidance for the cur...

CNBC’s Official NFL Team Valuations 2024: Here’s how the 32 franchises stack up

CNBC Official 2024 NFL Team ValuationsJoin us on Sept. 10 in Los Angeles for CNBC x Boardroom's Game Plan. This high-powered event brings togethe...

Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off

Microsoft's generative artificial intelligence prospects are impressive. But the stock has more to offer investors than just the new tech. Jim Cr...

Job openings fell more than expected in July in another sign of labor market softening

Job openings slumped to their lowest level in 3½ years in July, the Labor Department reported Wednesday in another sign of slack in the labor mar...

Dollar Tree shares plunge 22% after discounter cuts full-year forecast

Shares of Dollar Tree fell more than 22% on Wednesday after the discounter cut its full-year outlook, citing increasing pressures on middle-incom...

NFL’s next big media rights payday is years off — and subject to a shifting industry

A view of a ESPN cameraman during the game between the Jacksonville Jaguars and the Cincinnati Bengals on December 4, 2023 at EverBank Stadium in...

China’s property woes and U.S. sanctions have hit some cities hard

BEIJING — China's property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from Beijing's tec...

Weak manufacturing measures raise specter of U.S. economic slowdown

Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.&nb...

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

Zilch CEO Phil Belamant.ZilchBritish financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone ...

NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off

Mike Tirico is seen on the set of NBCUniversal Paris 2024 Olympics coverage on August 04, 2024 in Paris, France. Kristy Sparow | Getty Image...

Economy

Retail sales jumped 0.7% in March, much higher than expected

Rising inflation in March didn't deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department reported ...

Friday’s jobs report for August is going to be huge. Here’s what to expect

Andreypopov | Istock | Getty ImagesWall Street is gearing up for one of the most important economic releases of the year Friday, when the Labor D...

Job openings fell more than expected in July in another sign of labor market softening

Job openings slumped to their lowest level in 3½ years in July, the Labor Department reported Wednesday in another sign of slack in the labor mar...

Weak manufacturing measures raise specter of U.S. economic slowdown

Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.&nb...

Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data

Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor market data sparked a reasses...

Finance

Dollar General shares crater 25% as retailer cuts outlook, blamin...

Admin—August 31, 2024 0

A sign hangs above a Dollar General store in Chicago on Aug. 31, 2023.Scott Olson | Getty ImagesDollar General shares tumbled Thursday after the ...

401(k) auto-enrollment features don’t help savings as much as expected, study finds

August 29, 2024

The IRS has a method of ‘last resort’ to collect overdue taxes: Revoking your passport

August 27, 2024

Why dividend stocks should be a hot play into fall

August 25, 2024

Earnings

MongoDB shares surge as high as 16% on guidance boost

Admin—August 31, 2024 0

Dev Ittycheria, CEO, MongoDB.Scott Mlyn | CNBCMongoDB shares jumped as much as 16% in extended trading Thursday after the database software maker...

Salesforce gets back on track — here’s what the software giant needs to deliver next

August 29, 2024

Nordstrom shares climb 5% as earnings top estimates, but retailer issues cautious guidance

August 28, 2024

Here’s why you must keep the faith in Nvidia even if this week’s earnings fail to wow

August 27, 2024

Economy

The Fed’s favorite inflation indicator increased 0.2% in July, as...

Admin—August 31, 2024 0

Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to enact its first interest ra...

Nonfarm payroll growth revised down by 818,000, Labor Department says

August 29, 2024

Increased sausage demand could be worrying signal on the economy

August 27, 2024

A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist

August 25, 2024