Economy

SK Hynix rose 13% in its first day of trading on Nasdaq, closing at $168.01, as U.S. investors jumped at the opportunity to get a stake in South Korea’s second-most valuable company. The stock is trading under the ticker symbol SKHYV, and will switch to SKHY as of Tuesday. The stock opened at $170 and […]

BEIJING, CHINA – DECEMBER 02: The People’s Bank of China (PBOC) building isn seen on December 2, 2024 in Beijing, China. Visual China Group | Getty Images China kept its main benchmark lending rates unchanged on Friday, as Beijing faces the challenge of bolstering economic growth while backstopping a weakening yuan. The People’s Bank of […]

Peter Coker Sr. outside U.S. District Court in Newark, New Jersey, March 15, 2023. And Manganese | CNBC Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP A third defendant, James Pattenpleaded […]

A welcoming sign at President Donald J. Trump International Airport in West Palm Beach, Florida, July 9, 2026. Marco Bello | Reuters The airport in West Palm Beach, Florida, has officially been renamed after President Donald Trumpthe first time an airport has been named after a sitting U.S. president. Effective Thursday, the facility will be […]

For 48 hours in Ankara, Turkey, it felt as though the world was moving on Donald Trump’s timetable. Markets lurched. NATO allies braced for confrontation. Ukraine searched for reassurance. Iran threatened to upend the agenda. One moment, leaders were preparing for diplomatic crisis; the next, they were describing a “love-in” with the very president many […]

On the sensor CEO Brian Schimpf said the defense tech company is in no hurry to go public given the current market conditions. “We define a successful IPO as our investors got a good return three years from actually going out,” Schimpf told CNBC’s Julia Boorstin at the Allen & Co. Sun Valley Conference on Thursday. […]

Subscribe to CNBC PRO Subscribe to Investing Club Licensing & Reprints CNBC Councils Select Personal Finance Join the CNBC Panel Closed Captioning Digital Products News Releases Internships Corrections About CNBC Site Map Podcasts Careers Help Contact News Tips Got a confidential news tip? We want to hear from you. Get In Touch CNBC Newsletters Sign […]

Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution’s operations — a list that includes several prominent Wall Street names, business leaders and a wide expanse of academicians and former Fed officials. Warsh first disclosed his intention to create the task forces […]

Voters during the South Africa General Elections on May 29, 2024 in Johannesburg, South Africa. Gallo Images | Gallo Images | Getty Images South Africa’s governing African National Congress lost its parliamentary majority of 30 years, in the country’s most sweeping political shift since the end of the apartheid. Popular support for the ANC during […]

Boeing’s Starliner spacecraft atop the United Launch Alliance Atlas V rocket rolls out in Florida on Thursday, May 30, 2024. Isaac Watson | NASA Boeing’s first Starliner flight with astronauts on board was called off in the final minutes on Saturday, and the backup Sunday launch date was also canceled. The company was targeting a […]