business news

The US Consumer Financial Protection Bureau (CFPB) headquarters in Washington, DC, US, on Sunday, Feb. 2, 2025. Bloomberg | Bloomberg | Getty ImagesA federal judge on Friday halted the mass firings carried out Thursday afternoon at the…

UnitedHealth Group cut its annual profit forecast on Thursday in anticipation of higher-than-expected medical costs, triggering a 19% selloff in shares of the industry bellwether that reverberated across the sector.The bleak forecast…

People shopping at a Chagee store in Shanghai, China, on Oct. 18, 2023.Costfoto | Nurphoto | Getty ImagesShares of Chinese tea chain Chagee climbed 15% during its public market debut on Thursday, as the company plans a U.S. launch…

In just a decade, Tesla grew its electric vehicle sales from 32,000 units to 1.8 million — making it, for most of that stretch, the world's largest seller of pure EVs. But while it was aggressively ramping up EV production, the company…

Dozens of Democratic lawmakers are warning that President Donald Trump's tariff-heavy trade agenda is quickly starting to resemble a "corrupt scheme to enrich administration officials and those loyal to them."The Trump administration's…

American Express' affluent cardholders are showing few signs of curbing their spending, and younger customers drove growth in first-quarter transaction volumes, Chief Financial Officer Christophe Le Caillec told CNBC.Billed business on…

Netflix co-CEO Ted Sarandos attends Netflix's FYSEE event for "Squid Game" at Raleigh Studios Hollywood in Los Angeles, June 12, 2022.Charley Gallay | Getty Images Entertainment | Getty ImagesNetflix posted a major earnings beat…

People walk past Target Store in Midtown Manhattan on March 6, 2025 in New York City, United States. Mostafa Bassim | Anadolu | Getty ImagesTarget CEO Brian Cornell met with the Rev. Al Sharpton in New York on Thursday as the retailer…

Kevin Warsh, former governor of the US Federal Reserve, during The Semafor World Economy Summit in Washington, DC, US, on Thursday, April 18, 2024. Samuel Corum | Bloomberg | Getty ImagesPresident Donald Trump has spoken with former…

Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023.Joan Cros | Nurphoto | Getty ImagesNetflix executives messaged Thursday that all is well with the business in the face of…