business news

Bank of England could be about to open the door to interest rate cuts

LONDON — The Bank of England is widely expected to hold interest rates steady at 5.25% on Thursday, but market…

Private payroll growth slowed to just 107,000 in January, below expectations, ADP reports

Private payroll growth declined sharply in January, a possible sign that the U.S. labor market is heading for a slowdown…

Chinese hackers are determined to ‘wreak havoc’ on U.S. critical infrastructure, FBI director warns

Chinese government hackers are busily targeting water treatment plants, the electrical grid, transportation systems and other critical infrastructure inside the…

Former UK finance minister joins Coinbase crypto exchange as an advisor

LONDON — A former British finance minister on Wednesday joined cryptocurrency exchange Coinbase as a global advisor, beefing up the…

Ukraine war live updates: Putin’s anti-war opponent takes step toward election; Russia says West could meddle in upcoming vote

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

Pakistan ex-PM Imran Khan hit with new 14-year jail sentence, a day after receiving 10-year term

Pakistan’s embattled former Prime Minister Imran Khan was hit with a fresh 14-year jail sentence on Wednesday after a state…

U.S.-China fentanyl talks get off to a ‘productive’ start, security advisor says

BEIJING — The U.S. and China had a “productive” first day of talks in Beijing about the fentanyl crisis, Jennifer…

Highlights of Tesla CEO Elon Musk’s court ruling: Mars, Frankenstein, a self-driving car pun

The bombshell, 200-page Delaware court ruling Tuesday ordering Tesla to undo its massive $56 billion compensation package for CEO Elon…

Trump allies ramp up attacks on Taylor Swift ahead of Super Bowl

Taylor Swift endorsed President Joe Biden’s winning 2020 campaign — and while she hasn’t backed Biden’s reelection bid yet, allies…