Breaking News: Politics

Biden takes credit for easing inflation, strong job market as GOP polls better on economy

WASHINGTON — President Joe Biden lauded Thursday’s Labor Department report showing relatively stable inflation, taking credit for a recent spate…

Steve Scalise does not appear to have votes to become speaker as GOP remains divided

Republican lawmakers remained divided Thursday after nominating Rep. Steve Scalise as their candidate for speaker of the House of Representatives,…

‘We know they’re waiting for us’: Gaza’s tunnels pose deadly challenge for Israeli troops

Israeli troops are massing on the border of Gaza following Saturday’s surprise attack inside of Israel, but their orders are…

Former Barclays CEO Staley fined and banned by UK regulator over Epstein links

LONDON — Former Barclays CEO Jes Staley on Thursday was fined and banned from holding any position of influence in…

Israel calls for evacuation of 1.1 million Palestinians in Gaza; at least 27 Americans killed

This was CNBC’s live blog tracking developments on the Israel-Hamas war. See here for the latest updates. Israel told the United…

Biden issues warning to longtime Hamas ally Iran, reiterates support for Israel and Netanyahu

WASHINGTON — President Joe Biden said Wednesday he warned Iran to “be careful” in the wake of attacks by militant…

Already a humanitarian crisis, war with Hamas could have major impact on Israel’s economy

As Israel prepares for what could be a long war with massive humanitarian implications, there are also concerns about how…

Businesses are returning $140 million in surprise overdraft fees to consumers, according to a CFPB report

WASHINGTON — The nation’s federal consumer protection watchdog announced Wednesday that companies will refund $140 million to customers as a…

Steve Scalise nominated as House speaker candidate by GOP lawmakers

Republican lawmakers Wednesday selected Rep. Steve Scalise as their candidate for speaker of the House of Representatives, more than a…

Satellite images show the scale of destruction in Gaza as Israel responds to surprise Hamas attack

Satellite images depict the scale of the devastation in Gaza following a barrage of Israeli airstrikes in response to Hamas’…