business news
Bank of Japan raises benchmark rates to highest in 30 years, lifting 10-year JGB yield past 2%
Kazuo Ueda, governor of the Bank of Japan (BOJ), during a committee on financial affairs meeting at the lower house of parliament in Tokyo, Japan, on Friday, Nov. 21, 2025. Bloomberg | Bloomberg | Getty Images Japan’s central bank on Friday raised its short-term rates to a three-decade high, marching ahead with its policy normalization, […]
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Suspected Brown and MIT prof shooter Valente is found dead, authorities say
Providence Police work the scene of a shooting in the area of Eddy Street and Sayles Street in Providence, Rhode Island, United States December 15, 2025. Kyle Mazza | Anadolu | Getty Images The man suspected of the shooting at Brown University that killed two students and injured nine others last Saturday, and then of […]
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U.S. launches review of advanced Nvidia AI chip sales to China: Reuters
Nvidia’s H20 chip. Vcg | Visual China Group | Getty Images U.S. President Donald Trump’s administration has launched a review that could result in the first shipments to China of Nvidia’s second-most powerful AI chips, five sources said, making good on his pledge to allow the controversial sales. Trump this month said he would allow sales of Nvidia’s H200 chips to China, […]
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CNBC Daily Open: Best not to put too much stock in U.S. CPI report for November
People shop in a mall decorated with holiday lights in Manhattan on Dec. 18, 2025 in New York City. Spencer Platt | Getty Images The U.S. inflation numbers in November looked supremely encouraging, with the annual headline rate coming in 0.4 percentage points less than expected. But don’t get too happy about them yet. It’s […]
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Japan’s consumer inflation stays above cenbank’s target for 44th month, boosting case for a rate hike
People looks at the fruits at a shop at the Tsukiji Outer Market in Tokyo on August 22, 2025. (Photo by Philip FONG / AFP) (Photo by PHILIP FONG/AFP via Getty Images) Philip Fong | Afp | Getty Images Japan’s consumer inflation rate dropped to 2.9% in November, staying above the 2% target set by […]
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Asia-Pacific markets rise as investors await Bank of Japan decision
Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day. Yongyuan | E+ | Getty Images Asia-Pacific markets rose Friday as investors look toward the Bank of Japan decision coming out later in the day. The decision could see rates raised to 0.75% — the highest since 1995 — […]
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S&P 500 futures are little changed after index ends four-day losing run: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were little changed Thursday night after major U.S. indexes closed higher, buoyed by cool inflation data. S&P 500 futures traded near the flatline, while Nasdaq 100 futures lost 0.1%. Futures tied to the Dow Jones Industrial Average dropped 86 points, or […]
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TikTok signs agreement to create new U.S. joint venture, memo says
Samuel Boivin | Nurphoto | Getty Images TikTok’s U.S. operations will be housed in a new joint venture, according to a memo sent to employees by CEO Shou Zi Chew. The entity is named TikTok USDS Joint Venture LLC, the memo said. As part of the joint venture, Chew said in the memo, which was […]
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Congressional stock trading ban bill to get a vote in new year, House Republicans say
House Republican leaders on Thursday committed to a vote in the new year on legislation to ban members of Congress from owning or trading individual stocks. But the proposal likely will not include a provision that would ban stock trading or ownership by President Donald Trump or future presidents. House Majority Leader Steve Scalise, R-La., […]
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Instacart to pay $60 million to settle FTC claims it deceived customers
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart will pay $60 million to settle allegations by the Federal Trade Commission that it misled users with false advertising and deployed “unlawful subscription enrollment” practices. The federal agency alleged that Instacart used deceptive tactics in its subscription sign-up and “satisfaction guarantee” advertising that caused […]
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