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News from the economy, politics and the financial markets
In this section of our news section we provide you with editorial content from leading publishers.

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Germany's businesses want Berlin to walk its talk

German business leaders were hopeful about the new government, and are now calling on Chancellor Friedrich Merz to turn promises into actions.

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European markets head for broadly positive open ahead of PMI data

European stocks are expected to open broadly higher on Thursday as regional traders keep an eye on the latest economic data from the region.

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Australia stocks rise over 1%, crossing 9,000 threshold for the first time

Investors in the region are awaiting India's HSBC Composite flash purchasing managers' index reading for August expected later in the day.

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Red carpet for Putin, trade relief for China, penalties on India: Inside Trump's peculiar policy playbook

While extending olive branches to two U.S. adversaries, Trump has piled pressure on ally India — with New Delhi saying it was being targeting unfairly.

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Masimo sues U.S Customs over approval of Apple Watch imports

Masimo told the court that it learned of the agency's August 1 decision only after Apple announced it would reintroduce blood-oxygen reading to its watches last week.

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Microsoft scales back Chinese access to cyber early warning system

Microsoft said on Wednesday it has scaled back some Chinese companies' access to its early warning system for cybersecurity vulnerabilities following speculation that Beijing was involved in a hacking campaign against the company's widely used SharePoint servers.

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Elon Musk must face lawsuit claiming he ran illegal $1 million election lottery

Elon Musk was ordered on Wednesday by a federal judge to face a lawsuit by voters accusing the world's richest person of defrauding them into signing a petition to support the U.S. Constitution for a chance to win his $1 million-a-day giveaway.

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Fewer people are drinking — and that's changing how they travel

Some 54% of Americans now say they consume alcohol, according to a Gallup poll. Those who quit describe how it's changed their travel habits.

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As Target chases a comeback, its new CEO must take on skeptical investors and customers

The 20-year Target veteran will soon lead the company's efforts to make a comeback.

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Santoli's Wednesday market wrap-up: Highest-momentum stocks remain under pressure

Another flurry of treacherous rotation roiled the tape, though by the closing hour the swirling currents were showing signs of slowing. 

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Trump says U.S. will not approve solar or wind power projects

The president's comment comes after the administration tightened federal permitting for renewables last month.

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Judge calls Trump DOJ's request to release Epstein grand jury records a 'diversion'

The request for grand jury records came as President Donald Trump came under pressure from supporters and critics alike over his handling of the Epstein files.

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Fed Governors Waller, Bowman look to blockchain to update central bank's services: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin's losses slow while ether rebounds. Plus, Fed Governor Christopher Waller tells Wyoming Blockchain Symposium attendees that the central bank should embrace innovation like blockchain technology. And, Nelli Zaltsman, head of platform settlement solutions at Kinexys by JPMorgan, discusses the blockchain projects the bank is prioritizing.

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Target's next CEO started as an intern—and rose up the ranks over 22 years

Michael Fiddelke, Target's next CEO, started at the company as an intern and worked his way up — getting promoted or changing jobs roughly every two years.

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Here's what's keeping homebuyers on the sidelines despite mortgage rates hitting a 10-month low

A lot of would-be buyers feel priced out of the housing market. Lower mortgage rates might not help move the needle.

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Rocket Pharma's shares soar after U.S. FDA lets gene therapy trial resume

The drugmaker's shares were up 19% in midday trading after soaring more than 30% earlier Wednesday morning.

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Divided Fed worried about tariffs, inflation and the labor market, minutes show

Fed officials worried at their July meeting about the state of the labor market and inflation, though most agreed it was too soon to cut rates, minutes showed.

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Crypto treasury firms whose shares once soared have tumbled in August. Here are the big winners and losers

Crypto accumulators became central players this summer as investors sought bigger returns during a bitcoin price slump.

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Trump has snapped up more than $100 million in bonds since taking office

The U.S. president has purchased hundreds of bonds issued by companies, local governments and school boards.

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Trump housing regulator Pulte says Fed's Cook should resign or be fired, alleging mortgage fraud

Trump has targeted the Federal Reserve and its chairman, Jerome Powell, as he pressures the central bank to slash interest rates.

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