business news

‘Glitch’ at Ethiopia’s biggest bank sees customers withdraw millions that isn’t theirs

Ethiopia’s largest bank is struggling to recoup millions of dollars after a glitch over the weekend allowed customers to withdraw…

Ukraine war updates: Putin tells security service to hunt anti-Kremlin ‘traitors’; Russian border region evacuates children

This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates. U.S. Defense…

Biden targets ‘rent gouging’ landlords as high housing costs factor into 2024 race

President Joe Biden visited the battleground state of Nevada on Tuesday to take aim at corporate landlords, who the White…

‘Alarm bells are ringing’: Poland’s president says NATO must urgently ramp up defense spending

Polish President Andrzej Duda said Monday that NATO must urgently increase its defense spending to ensure it does not become…

From Carl Icahn to Gautam Adani: How short-seller Hindenburg is making a name for itself

Hindenburg Research has established itself as one of the most powerful voices in public activist short-selling, hammering the share prices…

Biden to host Japan PM Kishida, Philippines President Marcos for White House summit

President Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. for a White House summit next month amid growing…

China’s military, state media slam U.S. after report on SpaceX spy satellites

Chinese military and state-run media on Sunday accused the United States of threatening global security, days after a Reuters report which found Elon Musk’s SpaceX was building hundreds of spy satellites for a U.S. intelligence agency. SpaceX’s Starshield…

Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting

The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall…

Abortion opponents settle lawsuit against D.C. museum over ‘pro-life’ hat ban

The National Air and Space Museum in Washington, D.C., agreed to settle a lawsuit by a group of students, parents,…

Behind Trump’s campaign cash crunch: Small-dollar donor fatigue, major donor hesitation

Donald Trump’s reelection campaign has begun to see warning signs that the small-dollar donors who fueled his last run for…