Money Report

Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told CNBC.

Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing.

The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.

When it comes to retirement, Americans worry about uncertainties they cannot control, like a higher cost of living or changes to the retirement system.

Here are the most important news items that investors need to start their trading day.

The agency greenlighted the drug, which will be marketed as Beqvez, for adults with moderate to severe hemophilia B. 

The U.S. and China will hold their first high-level talks on artificial intelligence within the “coming weeks,” U.S. Secretary of State Anthony Blinken said.

“It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe,” Euronext’s Stéphane Boujnah said.

Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.

Exxon Mobil’s first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.

Chevron produced 1.57 million barrels of oil and gas daily in the U.S. for the quarter, an increase of 35% during the same period last year.

Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.

Moscow has slammed the new U.S. weapons package for Kyiv, saying it will not bring Ukraine any closer to defeating Russia.