Fed officials still expects rate cuts this year, but not anytime soon
Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the…
Biden and Xi Jinping hold phone call ahead of Yellen’s trip to China
President Joe Biden spoke with Chinese President Xi Jinping on the phone for nearly two hours Tuesday, a call the…
SEC Chair Gary Gensler signals that disclosure will be a key issue in the year ahead
The annual two-day “SEC Speaks” event kicked off Tuesday, offering clues to what the priorities will be for the Securities…
Israeli military pledges investigation into strikes that killed World Central Kitchen workers in Gaza
Seven staff members of the nonprofit food charity World Central Kitchen were killed in an Israeli strike in Gaza overnight,…
Swiss banking giant UBS to launch share buyback of up to $2 billion
UBS on Tuesday announced a new share repurchase program of up to $2 billion, with up to $1 billion of…
Ukraine strikes Russian major oil refinery; Zelenskyy signs bill lowering mobilization age to 25
This was CNBC’s live blog tracking developments on the war in Ukraine. Belarus began military drills on Tuesday in regions…
Xiaomi shares pop 16% after the Chinese smartphone maker launches its first EV
BEIJING — Shares of Chinese smartphone maker Xiaomi surged as much as 16% on Tuesday, the first trading day since…
