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Finance
Citadel’s Ken Griffin says the Fed shouldn’t cut too quickly, citing big tailwinds supporting inflation
Ken Griffin, Citadel at CNBC's Delivering Alpha, Sept. 28, 2022.Scott Mlyn | CNBCKen Griffin, Citadel founder and CEO, thinks the Federal Reserve should move slowly to cut interest…
IBM is slashing jobs in marketing and communications
POLAND - 2023/09/11: In this photo illustration, IBM logo seen displayed on a smartphone with Artifical Intelligence (AI) symbols in the background. Omar Marques | Lightrocket |…
New York AG questions Trump cash reserves as $464 million judgment looms
Former U.S. President Donald Trump speaks as he arrives at a Manhattan courthouse, for the trial of himself, his adult sons, the Trump Organization and others in a civil fraud case…
Nvidia is sued by authors over AI use of copyrighted works
Nvidia CEO Jensen Huang speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center in New York City on Nov. 29, 2023.Slaven Vlasic | Getty ImagesNvidia…
Stocks making the biggest moves midday: Southwest, Oracle, 3M, New York Community Bancorp and more
Check out the companies making the biggest moves midday: Southwest Airlines — Shares plummeted nearly 14% after the airline announced it was "reevaluating all prior full year 2024…
Here’s the inflation breakdown for February 2024 — in one chart
Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022.Elijah Nouvelage | AFP | Getty ImagesConsumers continued to contend with higher inflation in February,…
Argentina’s Milei accused of double standards in a scandal over a 48% pay raise
Argentina's President Javier Milei gestures while delivering his first policy speech to parliament during the inauguration of the 142nd ordinary session of Congress in Buenos Aires…
Stocks making the biggest moves before the bell: Oracle, Kohl’s, Coinbase, Southwest and more
Check out the companies making headlines in premarket trading. Oracle — The information technology stock climbed 13.3% on the back of strong per-share earnings. Oracle posted…
Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens
In a tony suburban enclave in the San Diego foothills, police say, an organized retail crime "queenpin" had built an empire.Tucked behind the stone walls of her 4,500-square-foot…
Xiaomi is set to launch its electric car on March 28
Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date.CNBC | Evelyn…