U.S. issues hundreds of sanctions targeting Russia, takes aim at Chinese companies
U.S. issued hundreds of fresh sanctions targeting Russia in action that took aim at Moscow’s circumvention of Western measures, including through China.
Biden blames China, Japan and India’s economic woes on ‘xenophobia’
President Biden said that “xenophobia” from China to Japan and India is hobbling their growth, as he argued that migration has been good for the U.S. economy.
Asia markets mixed after Federal Reserve holds rates; Hong Kong stocks jump 2%
Asia markets were mixed on Thursday after the U.S. Federal Reserve opted to hold interest rates steady, while Hong Kong stocks jumped.
Amazon CEO Andy Jassy broke federal labor law with anti-union remarks
A National Labor Relations Board judge, citing 2022 interviews with CNBC, Bloomberg and The New York Times, found Amazon CEO Andy Jassy broke labor law.
Dow closes more than 300 points higher, S&P 500 posts first winning day in three: Live updates
Stocks rose Thursday as investors looked ahead to more corporate earnings and a key labor report set for later in the week.
Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones
Qualcomm called out strong demand for “premium tier” smartphones that require the most advanced chips.
Fed meeting recap: Powell pretty much rules out a hike as the central bank’s next move
The Federal Reserve kept the fed funds target rate at 5.25% to 5.5%. Chair Jerome Powell said it was unlikely the central bank’s next move would be a hike.
‘Basel III’ bank rules could pose unexpected threat to Biden’s green energy plans
Renewable energy groups and congressional Democrats are raising alarms about potential harm to clean energy goals from a proposed banking regulation.
These are the stocks with the most to gain as rates fall following the Fed decision
Watch for Federal Reserve Chair Jerome Powell’s comments on Wednesday and what that means for these interest-rate-sensitive stocks.
Bitcoin sinks to its lowest level since February to start May: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
