business news

Former Trump executive Allen Weisselberg sentenced to five months in jail for perjury

Former Trump Organization Chief Financial Officer Allen Weisselberg on Wednesday was sentenced to five months in jail for lying under…

Consumer prices rose 3.5% from a year ago in March, more than expected

The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the…

WTO forecasts rebound in global trade but keeps geopolitical risks in focus

The World Trade Organization on Wednesday said that it expects global trade to rebound gradually this year, before rising further…

New York Community Bank’s online arm is paying the nation’s highest interest rate

New York Community Bank, the regional lender that needed a $1 billion-plus lifeline last month, is offering the country’s highest…

Iran’s Khamenei says Israel ‘must be punished’ for Syria embassy attack

Iran’s supreme leader, Ayatollah Ali Khamenei, said on Wednesday that Israel “must be punished and it shall be” for attacking…

South Koreans vote for new parliament after campaign focused on economy, graft

South Koreans voted to elect a new parliament on Wednesday in a bitterly fought race seen by some analysts as…

Russian billionaires taken off EU sanctions list; Ukraine accused of another nuclear plant drone strike

This was CNBC’s live blog tracking developments on the war in Ukraine. Officials at the Russian-controlled Zaporizhzhia nuclear plant in…

U.S. considers easing warnings for Americans traveling to China

The U.S. is considering easing advisories against its citizens traveling to China, Deputy Secretary of State Kurt Campbell said on…

Steak, cherry blossoms and Paul Simon will be featured at the White House state dinner for Japan

Dry-aged rib eye steak, cherry blossoms and the music of Paul Simon are on tap for more than 200 guests who are…