House panel subpoenas Vanguard, Arjuna in ESG ‘collusion’ probe
WASHINGTON — A House panel subpoenaed The Vanguard Group and Arjuna Capital on Monday, the latest step in its yearlong…
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
Wells Fargo was snared in an industrywide probe into mortgage bankers’ use of loan discounts last year, CNBC has learned.…
Spanish economist picked to lead the EU’s massive lending unit lays out her priorities
The incoming head of one of the world’s largest development banks says it must become faster and more efficient in order…
U.S. has failed the Palestinian people, officials say after vetoed UN vote for Gaza Strip cease-fire
Palestinian officials expressed resounding disappointment after the United States vetoed a United Nations resolution calling for an immediate humanitarian cease-fire…
‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says
Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund…
Biden to host Zelenskyy at the White House; Ukraine may need to ‘cede’ territory, U.S. senator says
This was CNBC’s live blog tracking developments on the war in Ukraine. U.S. President Joe Biden is set to host…
SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection
British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6…
China’s livestream shopping is booming, fueling new tech such as avatars and AI
BEIJING — Livestream shopping is taking off in China, driving development of new tech products such as virtual human streamers…
Macy’s shares surge 21% after it receives $5.8 billion buyout offer
Arkhouse Management and Brigade Capital Management have offered to buy Macy’s for $5.8 billion, people familiar with the matter told…
