Economy

U.S. Attorney General Merrick Garland testifies before the House Judiciary Committee in Washington, June 4, 2024. Anna Rose Layden | Reuters Attorney General Merrick Garland on Tuesday hit back at House Republicans threatening to hold him in contemptcalling their efforts part of a wave of “unprecedented and unfounded” attacks against the Department of Justice. “I […]

French soccer player Kylian Mbappe listens to the French president as he arrives for a lunch at the team’s training camp, as part of the team’s preparation for the UEFA Euro 2024 European football championships in Clairefontaine-en-Yvelines on June 3, 2024. Sarah Meyssonnier | Afp | Getty Images French soccer star Kylian Mbappe will reportedly […]

Former U.S. President Donald Trump’s campaign attorney Kenneth Chesebro is shown in a police booking mugshot released by the Fulton County Sheriff’s Office, in Atlanta on Aug. 23, 2023. Source: Fulton County Sheriff’s Office A 2020 Trump campaign aide and two attorneys who did work for the campaign were charged Tuesday with forgery related to […]

The Mustang Mach-E on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Ford Motor’s U.S. new vehicle sales rose 11.2% last month compared with May of last year, boosted by strong sales growth for all-electric and hybrid models. The Detroit automaker on Tuesday reported roughly […]

India’s Prime Minister Narendra Modi flashes victory sign at the Bharatiya Janata Party (BJP) headquarters to celebrate the party’s win in country’s general election, in New Delhi on June 4, 2024. Money Sharma | Afp | Getty Images Indian Prime Minister Narendra Modi will have to seek power-sharing agreements for a historic third term in […]

Ulrich Koerner, chief executive officer of Credit Suisse Group AG, during a Bloomberg Television interview in London, UK, on Tuesday, March 14, 2023. Hollie Adams | Bloomberg | Getty ImagesUBS on Tuesday announced that Credit Suisse CEO Ulrich Koerner will join the executive board of the new joint entity once its emergency purchase of the stricken… […]

DUBAI, United Arab Emirates — State oil giant Saudi Aramco on Tuesday reported a 19% drop in its first-quarter earnings, recording net income of $31.9 billion down from $39.5 billion the previous year amid falling oil prices.Analysts expected to see a dip in net profit in its most recent quarter compared with the previous year,… […]

QINGDAO, CHINA – MAY 06: Aerial view of illuminated Qingdao Qianwan Container Terminal at dusk on May 6, 2023 in Qingdao, Shandong Province of China.Vcg | Visual China Group | Getty ImagesChina’s exports grew 8.5% in April in U.S. dollar terms, marking a second-straight month of growth, while imports fell 7.9% compared with a year… […]

Nintendo is hoping key games such as Mario and Zelda will help it keep players interested in its ageing Switch console series.Charly Triballeau | AFP | Getty ImagesNintendo reported a fall in profit and revenue in its fiscal year driven by a drop in sales of its flagship Switch console.For its full fiscal year, which… […]

Investors should be wary of bearish strategists who opt for a macro view and instead focus on individual companies, CNBC’s Jim Cramer said Monday.”You always hear about missing the forest for the trees, but when you’re picking stocks, it’s just as important not to miss the trees for the forest,” Cramer said.In a market where… […]