business news

Why that ‘last mile’ of the inflation fight may be more challenging

Inflation in the U.S. economy is on the retreat. But the road to ultimate victory may be harder than what’s…

Trump sex assault defamation trial postponed after juror calls in sick

Update: Jury rules Trump must pay E. Jean Carroll $83.3 million in damages for defamation The sex assault defamation trial…

Rep. Nancy Mace of South Carolina backs Donald Trump over Nikki Haley in the 2024 Republican primary

Donald Trump has picked up another endorsement from Nikki Haley’s home state of South Carolina, with Rep. Nancy Mace backing…

Trump’s proposed 10% tariff plan would ‘shake up every asset class,’ strategist says

Markets need to begin thinking about the structural impact of Donald Trump’s proposed 10% tariff increase, which “shakes up every…

Wall Street opposition to Trump collapses, as ‘pipe dream’ of primary defeat ends

As Donald Trump surges toward the Republican nomination, many Wall Street executives have made a calculated decision not to speak…

No ‘economic collapse’: Top Citi strategist says healthier economic growth is coming

The global economy does not need a “collapse” in order to bring inflation back to target and return to sustainable…

Russia strikes back at Ukraine for ‘monstrous act of terrorism’ after market, oil terminals attacked

This was CNBC’s live blog tracking developments on the war in Ukraine. Russia and Ukraine traded retaliatory strikes over the…