Lawmakers led by Democrats urge the Fed to halt rate hikes ahead of Wednesday’s announcement
WASHINGTON — A group led by several prominent Democratic lawmakers is calling on the Federal Reserve to halt rate hikes…
Putin warned of arrest if he attends summit; Kremlin rejects U.S. claim of 100,000 Russian casualties
This was CNBC’s live blog tracking developments on the war in Ukraine on May 2, 2023. See here for the…
Lawmakers urge SEC to crack down on Chinese retail giant Shein over alleged forced labor
WASHINGTON — Bipartisan lawmakers are urging the nation’s top markets regulator to require Chinese fast-fashion giant Shein to disclose potential…
Senate Judiciary Democrats underwhelmed by Supreme Court chief Roberts’ ethics response
Supreme Court Chief Justice John Roberts in a letter Monday answered additional questions about ethics on the high court —…
The U.S. could hit the debt ceiling by June 1, much sooner than expected, Yellen warns
WASHINGTON — Treasury Secretary Janet Yellen on Monday warned that the United States may run out of measures to pay its…
Lawmakers praise First Republic sale, but efforts to pass new bank rules are fizzling
WASHINGTON — Lawmakers who sit atop key banking committees praised the federal takeover of First Republic Bank on Monday, and…
Facebook was the main donor to a group that fought antitrust reforms in 2020 and 2021
An advocacy group backed by Facebook received a $34 million donation from an anonymous donor as it waged a battle…
DeSantis Disney oversight board votes to sue company over tax-district fight
The board of supervisors picked by Florida Gov. Ron DeSantis to oversee Walt Disney World’s operations voted Monday to sue…
Judge denies Trump’s request for mistrial in E. Jean Carroll rape defamation case
A federal judge on Monday denied former President Donald Trump’s request for a mistrial in writer E. Jean Carroll’s civil…
Sudan conflict shows no sign of easing, U.N. warns of breaking point
As foreign states wind down their evacuations from Sudan, the United Nations warned of a humanitarian “breaking point” with no…
