Politics

Failure to raise debt ceiling would be an ‘economic catastrophe,’ Treasury’s Yellen says

WASHINGTON — Failure to raise the U.S. debt ceiling would cause an “economic catastrophe,” Treasury Secretary Janet Yellen said Monday.…

Disney expands lawsuit against DeSantis after governor signs bill to void land deals

Disney on Monday expanded its federal lawsuit against Florida Gov. Ron DeSantis, accusing the Republican leader of doubling down on…

Trump lawyer, E. Jean Carroll attorney duel over truth of rape claim against ex-president

A lawyer for writer E. Jean Carroll told jurors Monday that Donald Trump followed a “playbook” he had for kissing…

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: U.S. stock indexes are coming…

Russia launches fresh wave of strikes on Ukrainian cities; Wagner boss ditches threat to leave Bakhmut

This was CNBC’s live blog tracking developments in the war in Ukraine on May 8, 2023. Russia launched a new…

Yellen warns of ‘economic chaos’ unless Congress raises the debt ceiling

Treasury Secretary Janet Yellen on Sunday said that failure to raise the debt ceiling will cause a “steep economic downturn”…

Florida Gov. Ron DeSantis signs bill to void Disney development deals

Florida Gov. Ron DeSantis on Friday signed legislation that effectively voids the development agreements Disney struck shortly before the governor…

Here’s what the SEC will require under its strict new stock buyback disclosure rules

WASHINGTON — As investors focused this week on earnings and regional banks, the Securities and Exchange Commission quietly adopted new…

Biden: Say goodbye to job growth and low unemployment if the debt ceiling isn’t lifted

WASHINGTON — President Joe Biden warned that the low unemployment rate in Friday’s jobs report could disappear if House Republicans do…

DeSantis used Florida’s whirlwind legislative session as a potential presidential launching pad

Florida’s legislative session is set to end Friday, capping a 60-day Republican blitz to send major bills to Gov. Ron…