business news

Weekly jobless claims post lowest reading since September 2022

The labor market continued to show surprising resiliency in the early days of 2024, with initial jobless claims posting an…

‘Get on board’: UK PM Sunak appeals to Lords to deliver his Rwanda asylum law

British Prime Minister Rishi Sunak called on the upper house of parliament to “get on board” and pass his plan…

Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl

Deutsche Bank CEO Christian Sewing on Thursday said that merger and acquisition activity is not a priority for his group,…

Barclays CEO says difference in Labour and Conservative economic policy is ‘fairly minimal’

Political risk in the U.K. is “far less than it’s ever been” as the difference between the ruling Conservative Party…

Ukraine war updates: Kremlin shares its view of Davos after being snubbed; Russia says Kyiv attacked Baltic oil terminal

This was CNBC’s live blog tracking developments on the war in Ukraine. Russia claimed that Ukraine attacked several Russian regions…

U.S. in new strikes against Houthi targets in Yemen

The U.S. military said on Wednesday that its forces conducted strikes on 14 Houthi missiles that were loaded to be fired from Yemen. U.S. Central Command…

‘That’s Bidenomics at work’: White House eager to take credit for retail sales bounce

The White House eagerly took credit Wednesday for December’s strong retail sales numbers, which beat expectations due to higher consumer…

Jamie Dimon praises Trump, warns MAGA criticism could hurt Biden

JPMorgan Chase CEO Jamie Dimon on Wednesday praised former President Donald Trump’s record and admonished Democrats to be “more respectful”…