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Ukraine war updates: Ukraine says it has destroyed a Russian spy plane and airborne command post; Kyiv says it needs China for any peace process

This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates. Ukraine said…
Economy

Wholesale prices unexpectedly fall 0.1% in December in positive inflation sign

Wholesale prices unexpectedly declined in December, providing a positive signal for inflation, the Labor Department reported Friday. The producer price…
Politics

White House says U.S. Ukraine assistance has ‘ground to a halt’; UK announces increased drone funding

This was CNBC’s live blog tracking developments on the war in Ukraine. U.S. military assistance to Ukraine has “ground to…
Economy

U.S. deficit tops half a trillion dollars in the first quarter of fiscal year

The U.S. government ran up another half a trillion dollars in red ink in the first quarter of its fiscal…
Economy

Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%

Prices that consumers pay for a variety of goods and services rose more than expected in December, according to a…
Politics

Swedish defense officials criticized after warning public to prepare for war; Kyiv rejects idea of cease-fire

This was CNBC’s live blog tracking developments on the war in Ukraine. Top Swedish defense officials have been accused of…
Economy

Thursday’s inflation report could challenge the market outlook for big Fed rate cuts

Economists expect that inflation nudged higher in December, a trend that could call into question the market’s eager anticipation that…
Politics

It’s time for ‘diplomatic action’ over Ukraine, ally says, as pressure mounts on Kyiv for peace talks

This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates.  Diplomatic pressure…
Politics

Russia claims ‘strategic initiative’ in war; Ukraine running short of anti-aircraft guided missiles

This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates.  The Kremlin…
Finance

Fed Governor Bowman adjusts rate stance, says hikes likely over but not ready to cut yet

Federal Reserve Governor Michelle Bowman, who had been one of the central bank’s staunchest advocates for tight monetary policy, said…