business news

Klarna to debut $7.99 monthly plan as buy now, pay later firm seeks new revenue sources ahead of IPO

Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead…

Israel-Hamas war negotiations reportedly working toward a weekslong cease-fire

Negotiations over the Israel-Hamas war are zeroing in on a cease-fire deal of one to two months in exchange for…

German regulator urges banks to set aside bumper profits for bad news on the horizon

Banks should be setting aside recent bumper profits to provision for clients defaulting on loans as the impact of higher…

Hedge fund billionaire Bill Ackman and wife Neri Oxman buy nearly 5% stake in Tel Aviv Stock Exchange

Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a nearly 5% stake in the Tel Aviv…

Russia accuses Ukraine of downing military plane carrying its own POWs; Kyiv says it was not told of flight timing

This was CNBC’s live blog tracking developments on the war in Ukraine. A Russian military transport plane that was carrying…

Iran’s ‘brazen’ strikes around the Middle East send a message to Israel and the U.S., analysts say

Iran’s recent missile and drone strikes on targets in three countries — Syria, Iraq and Pakistan — may not have…

China’s EV players ramp up competition with Tesla using new tech

BEIJING — Hot competition in China’s electric car market is pushing local automakers to sell vehicles with fancy tech that…

New York AG pushing for lifetime Trump ban cites Martin Shkreli ruling

What does former President Donald Trump have in common with “Pharma bro” Martin Shkreli? A penchant for harshly trolling their…

Former high-ranking FDIC attorney Mark Black pleads guilty in child sex exploitation case

A former high-ranking lawyer at the Federal Deposit Insurance Corporation pleaded guilty Tuesday in federal court to conspiring to sexually…