business news
Here’s what to expect from Fed chair nominee Kevin Warsh’s Senate hearing Tuesday
Key Points Fed chair nominee Kevin Warsh travels to Capitol Hill on Tuesday to convince lawmakers he can carry out a presidential push for lower interest rates while remaining free of political constraints. Political independence has been a key question surrounding the search for a successor to current Chair Jerome Powell. In remarks he’s scheduled […]
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UnitedHealth tops quarterly estimates, hikes profit outlook as insurer manages high medical costs
UnitedHealthcare sign is displayed at its office building in Minnetonka, Minnesota, U.S., Dec. 11, 2025. Tim Evans | Reuters UnitedHealth Group on Tuesday posted first-quarter earnings that topped estimates and hiked its 2026 profit outlook, as the company better manages high medical costs and streamlines its operations. The nation’s largest private insurer said it expects […]
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UK hopes to lure expats back from the UAE as war challenges Dubai’s appeal
City workers in the Business Bay financial district of Dubai, United Arab Emirates, on Wednesday, March 4, 2026. Walaa Alshaer| Bloomberg | Getty Images The U.K. government is trying to turn geopolitical upheaval into an opportunity, encouraging thousands of Britons to reconsider life in Dubai, as war in the region threatens the city’s reputation as […]
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Japan scraps ban on lethal weapons exports in major shift of pacifist policy
Japan’s Prime Minister Sanae Takaichi addresses a press conference at the Prime Minister’s Office in Tokyo on April 15 2026. Philip Fong | Afp | Getty Images The Japanese government has announced plans to lift a ban on lethal weapons exports, marking the latest shift away from the country’s post-war pacifist policy. In a statement […]
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JPMorgan expands $1.5 trillion economic security splurge into Europe
Key Points JPMorgan Chase expands its $1.5 trillion economic security initiative into continental Europe. The 10-year program, launched in the U.S. and Britain last year, will focus on areas including defense, energy and tech. CEO Jamie Dimon said the U.S. and Europe had been too reliant on “unpredictable sources” for goods that are critical to […]
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CNBC Daily Open: Tim Cook finds the new Apple of his eye
Apple’s John Ternus speaks during Apple’s annual worldwide developer conference (WWDC) in San Jose, California, June 5, 2017. Stephen Lam | Reuters Hello, this is Hui Jie writing to you from Singapore, while Leonie is away preparing for CNBC’s CONVERGE LIVE event, featuring names like former Canadian PM Justin Trudeau and Capital Group CEO Mike […]
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European stocks to open higher as U.S.-Iran ceasefire deadline looms
Traders work on the floor of the New York Stock Exchange during morning trading on April 20, 2026 in New York City. Michael M. Santiago | Getty Images LONDON — European stocks are expected to open broadly higher on Tuesday as investors gauge developments ahead of the expiry deadline for the two-week ceasefire between the […]
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Apple incoming CEO John Ternus faces a defining challenge: Fixing the company’s AI strategy
John Ternus, senior vice president of hardware engineering at Apple Inc., during an Apple event in New York, US, on Wednesday, March 4, 2026. Adam Gray | Bloomberg | Getty Images Apple has maintained its dominance in consumer devices and built up a $4 trillion market cap despite largely sitting on the sidelines of the […]
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‘New cards on the battlefield’: U.S., Iran ratchet up rhetoric with peace talks in limbo
The front page of the Javan newspaper (L) and the front page of the Jam Jam newspaper, which features a cartoon of US President Donald Trump drowning in the Strait of Hormuz with the headline “Marine Bluff,” are on sale at a newsstand in Tehran on April 13, 2026. Atta Kenare | Afp | Getty […]
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Nvidia supplier Victory Giant sees shares soar 60% in Hong Kong debut
Shares in Victory Giant Technology surged as much as 60% on Tuesday, after the Chinese company’s blockbuster initial public offering — the biggest in Hong Kong this year. The Chinese company, which supplies printed circuit board to Nvidia, priced its shares at 209.88 Hong Kong dollars in the IPO. Shares were last trading 46% higher at […]
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