business news

China slams the U.S. for interfering in Arunachal Pradesh border dispute with India

China slammed the United States for interfering in its border dispute with India, after Washington said it recognized the disputed…

Switzerland becomes first major economy to cut interest rates in surprise move

The Swiss National Bank on Thursday surprised the market with a decision to lower its main policy rate by 0.25…

Ukraine war updates: Russia launches large strike on Ukrainian capital; Moscow’s defeat a matter of life or death, Kyiv says

This was CNBC’s live blog tracking developments on the war in Ukraine. Ukraine’s capital Kyiv has experienced one of the…

‘Hong Kong is China’s Hong Kong’: Beijing hits back at U.S. for ‘slandering’ city’s new security law

China’s embassy hit back against U.S. criticism of Hong Kong’s new national security law on Thursday, saying the U.S. should…

TikTok aside, Congress has its eye on the U.S. money going into China

BEIJING — The U.S. Congress increasingly has its eye on American capital that’s allegedly funded China’s military development, indicating that…

House passes bill to bar data brokers from selling sensitive personal information to U.S. adversaries

WASHINGTON — Bipartisan leaders of a House committee examining interstate and foreign commerce on Wednesday praised the passage of a bill…

Foremost Group CEO Angela Chao was intoxicated during fatal car accident in Texas pond: police

Foremost Group CEO Angela Chao was intoxicated last month when she accidentally drove her Tesla X SUV in reverse over…

Fed raises GDP and inflation outlook, while keeping rate cut forecast

Federal Reserve members still see three interest rate cuts in 2024 despite an improving outlook for economic growth. The Federal…

Fed holds rates steady and maintains three cuts coming sometime this year

The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the…