business news

EU agrees $54 billion aid package for Kyiv; Orban says Hungary’s funds excluded from deal

This was CNBC’s live blog tracking developments on the war in Ukraine. EU leaders on Thursday agreed a 50 billion…

Haley campaign started election year with $14 million, after raising $17 million last quarter

Former United Nations ambassador Nikki Haley’s campaign for president raised more than $17 million last quarter and came into the…

Biden, allied groups $140 million campaign war chest dwarfs Republican rivals

A coalition made up of President Joe Biden’s reelection campaign, the Democratic National Committee, the president’s joint fundraising committees and…

Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%

Payments giant Mastercard says it has built its own proprietary generative artificial intelligence model to help thousands of banks in…

U.S. companies say it’s harder to make money in China now than before the pandemic

BEIJING — More U.S. companies are finding it harder to make money in China than before the pandemic, raising concerns…

Deutsche Bank smashes profit estimates and boosts shareholder returns

Deutsche Bank on Thursday smashed fourth-quarter earnings expectations, reporting net profit of 1.3 billion euros ($1.4 billion) and announcing a…

Trump campaign raised $19 million in Q4, entering election year with $33 million cash

Donald Trump’s presidential campaign raised $19 million in the fourth quarter of 2023 and entered the presidential election year with…

Nikki Haley super PAC enters election year with just $3 million, adding to woes

A political action committee backing former U.N. ambassador Nikki Haley entered the election year in January with just $3.5 million…

Man pleads guilty in $1 billion scheme to dodge money laundering rules in New York

A man described as an “experienced anti-money laundering specialist” pleaded guilty on Wednesday to illegally funneling more than $1 billion…