business news

Truth Social struggles to grow its U.S. user base, new data on Trump Media app shows

Nearly two-and-a-half years after its launch, Truth Social is struggling to hang onto its small U.S. user base, according to…

FDIC did not report allegations of senior officials’ misconduct ‘in a timely manner,’ watchdog says

The Federal Deposit Insurance Corp. failed to report allegations of senior officials’ misconduct in a timely manner, according to a…

How private equity rolled Red Lobster

Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was…

Here’s why you may be saving more in your 401(k) — and not even know it

You may be saving more money for retirement and not even know it. An increasing share of employers are automating…

UN’s top court orders Israel to halt military offensive in Rafah

On Friday, the U.N.’s top court, the International Court of Justice, ordered Israel to cease its military offensive in Rafah…

Wall Street ponders what happens to booming private credit market when you-know-what hits the fan

The explosion of private credit has been met with a whole host of concerns, but among the louder ones more…

Russia cannot swallow the West whole, Orban says; G7 finance chiefs meet with Ukraine on agenda

This was CNBC’s live blog tracking developments on the war in Ukraine. Finance ministers of G7 countries are meeting in…