Business

Ericsson announced it is planning to cut jobs as part of its cost-cutting measures.Nurphoto | Nurphoto | Getty ImagesEricsson shares leapt 8% to their highest level in nearly two years…

BTC bulls failed to penetrate critical resistance after positive U.S. inflation data, leaving the doors open for more losses.Downside may be limited as recent supply overhang from Germany's Saxony state…

June inflation was cooler than anticipated, but stocks tumbled as investors rotated out of big 2024 winners and into laggards like small-cap stocks. AP Photo/David J. PhillipTech stocks tumbled Thursday,…

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, April 23,…

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, April 23,…

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, April 23,…

Getty Images; Jenny Chang-Rodriguez/BIAmazon, Meta, Microsoft, and Alphabet have spent hundreds of billions on AI in the past four quarters.Goldman Sachs says ongoing AI-stock outperformance could eventually be challenged.It's keeping…

Apple's mixed reality headset, the Vision Pro, will become available in more countries outside of the U.S. on Friday.Customers in Australia are already able to purchase the headset as of…

iStock; Rebecca Zisser/BIMicroStrategy is the latest company to announce a 10-for-1 stock split as its shares hit $1,340.Record-high prices for stocks popular with investors have driven a stock-split boom this…

The Third Plenum, set for July 15-18, is one of the most important political meetings of the Chinese Communist Party. Bloomberg | Bloomberg | Getty ImagesBEIJING — China's real estate…

President Joe Biden on Thursday trumpeted the latest inflation report in the opening remarks of his highly anticipated solo press conference in Washington."Just this morning, we had a great economic…

TM Roh, head of Samsung's mobile business, talks about Galaxy AI at the Galaxy Unpacked event in Paris, France.Arjun Kharpal | CNBCBut China, the world's biggest smartphone market, has been…