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Economy
China cuts banks’ reserve ratio to aid recovery
BEIJING, CHINA - JUNE 13: A woman walks past the People's Bank of China (PBOC) building on June 13, 2023 in Beijing, China.China News Service | China News Service | Getty…
Ford CEO rebuffs UAW leader’s criticisms as strike deadline on Thursday approaches
Ford CEO Jim Farley speaks with media after revealing the 2024 Ford F-150 for the Detroit auto show on Sept. 12, 2023.Michael Wayland / CNBCDETROIT – Ford Motor CEO Jim Farley…
Latest news on Russia and the war in Ukraine
Crimean bridge closed after blasts reportedCargo ships and car ferries cross the Kerch Strait, an area of "dark activity," according to marine technology company Windward.Anadolu…
Inflation continues to rise, but ‘the year-over-year numbers are pretty meaningless at this point,’ says…
Inflation is on the rise again, but it may not be as bad for your wallet as it sounds.Here's what's happening: Driven by surging energy prices, the closely watched year-over-year…
Shipping giant Maersk unveils ‘trendsetter’ green vessel as it aims to be carbon neutral by 2040
A.P. Moller-Maersk, is one of the world's biggest container shippers with a market share of around 17%, and is widely seen as a barometer of global trade.Andia | UIG via Getty…
MGM Resorts says cyberattack could have material effect on company
The Park MGM hotel and casino in Las Vegas, July 28, 2023.Bridget Bennett | Bloomberg | Getty ImagesMGM Resorts on Wednesday said that a cyber incident that has significantly…
Stocks making the biggest moves midday: Citigroup, Adobe, Corteva and more
David Wadhwani, senior vice president of digital media for Adobe, speaks during the launch of Adobe Creative Cloud and CS6 in San Francisco, April 23, 2012.David Paul Morris |…
Arm prices IPO at $51 per share, valuing company at over $54 billion
The Arm U.S. headquarters in San Jose, California, Sept. 6, 2023.David Paul Morris | Bloomberg | Getty ImagesArm, the chip design firm that supplies core technology to companies…
UAW barrels toward ‘likely’ strikes against auto companies – here are the latest details
UAW President Shawn Fain addresses union members during a Solidarity Sunday rally in Warren, Michigan, Aug. 20, 2023Michael Wayland / CNBCDETROIT – The United Auto Workers and…
Arm prices IPO at $51 per share, valuing company at over $54 billion
The Arm U.S. headquarters in San Jose, California, Sept. 6, 2023.David Paul Morris | Bloomberg | Getty ImagesArm, the chip design firm that supplies core technology to companies…