U.S. wraps up fiscal year with a budget deficit near $1.7 trillion, up 23%
The federal government wound up its fiscal year in September with a deficit just shy of $1.7 trillion, the U.S.…
Biden seeks $105 billion for Ukraine, Israel, Taiwan, border security
The Biden administration on Friday requested more than $105 billion from Congress to support the security needs of Ukraine, Israel,…
Fed’s Raphael Bostic doesn’t foresee rate cuts coming until ‘late 2024’
Atlanta Federal Reserve President Raphael Bostic on Friday said he doesn’t envision interest rate cuts happening until well into 2024.…
White House requests $61 billion for Ukraine funding; North Korea’s Kim says Russia agreements will be ‘faithfully’ fulfilled
This was CNBC’s live blog tracking developments on the war in Ukraine. The White House on Friday requested more than…
Moscow thanks North Korea for support against Ukraine; U.S. journalist detained in Russia
This was CNBC’s live blog tracking developments on the war in Ukraine. Relations between Russia and North Korea have reached…
Stakes raised for Powell speech Thursday with 10-year yield on cusp of 5%. Here’s what he could say
Federal Reserve Chair Jerome Powell is set to deliver what could be a key policy address, with markets bracing that…
Fed’s Waller says officials can ‘wait, watch and see’ before acting on interest rates
Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases…
