business news

Swedish flag is raised over NATO headquarters for the first time; Pope Francis’ ‘white flag’ call for Ukraine faces backlash

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

Bitcoin rises to another record, ether breaks through $4,000

Bitcoin extended recent gains and climbed to another record to start the week. The price of the flagship cryptocurrency was…

Biden’s $7.3 trillion budget for 2025 calls for taxing the rich and corporations to pay for Social Security, Medicare

President Joe Biden’s 2025 funding proposal released Monday repackaged his tax hike proposals on billionaires and corporations and many other…

China’s annual parliamentary meeting has ended. Here are the key takeaways

BEIJING — China’s weeklong annual parliamentary meetings ended on Monday and for the first time in decades, the Chinese premier…

China’s housing minister says real estate developers must go bankrupt if necessary

BEIJING — China’s struggling real estate developers won’t be getting a major bailout, Chinese authorities have indicated, warning that those…

Trump may have defamed E. Jean Carroll again, one day after posting a $91.6 million bond for last case

Former President Donald Trump on Saturday stood by his 2019 statement that writer E. Jean Carroll made a “totally false…

Biden White House condemns Sen. Katie Britt ‘lies’ in her State of the Union rebuttal

The White House on Sunday slammed Sen. Katie Britt, R-Al., for misrepresenting her comments on sex trafficking to attack President…

U.S. and UK, French military shoot down Houthi drones after attack on bulk carrier, destroyers

U.S., French and British forces downed dozens of drones in the Red Sea area overnight and on Saturday after Yemen’s…

Saudi oil giant Aramco posts 25% fall in full-year profit

Saudi Arabia’s state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1…