Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy
LONDON — The Bank of England on Wednesday warned that although household finances are faring better than expected, higher borrowing…
New Trump administration will come after the media, ally warns
A second Donald Trump administration will take action “criminally or civilly” against people in the media, an ally of the…
Saudi Arabia offers 30-year tax relief plan to lure regional corporate HQs
DUBAI, United Arab Emirates — Saudi Arabia announced a 30-year tax exemption package for foreign companies establishing their regional headquarters…
U.S. consumers will soon wake up to ‘out of control’ interest on their credit cards, economist says
The U.S. economy should be able to avoid a recession next year — but a sharp pullback in consumer spending…
‘You can’t just make your own rules’: Tesla faces Scandi revolt as Danes join Swedish strike
Tesla faces a growing revolt in Scandinavia after Danish dockworkers joined a sympathy strike with Swedish mechanics, heaping pressure on…
DOJ files war crime charges; Russia reasserts its influence as Putin meets allies in Middle East
This was CNBC’s live blog tracking developments on the war in Ukraine on Dec. 6, 2023. See here for the…
Putin makes rare visits to the UAE, Saudi Arabia to talk strengthened relations, Israel-Hamas war
DUBAI, United Arab Emirates — Russian President Vladimir Putin arrived in Riyadh on Wednesday evening local time, Russian state media…
Heavy fighting across Gaza halts most aid delivery, leaves civilians with few places to seek safety
Israeli forces battled Hamas militants across Gaza on Wednesday after expanding their ground offensive to its second-largest city, further shrinking…
U.S. ‘losing a tremendous amount of credibility in the Arab world,’ ex-Egyptian minister says
The current conflict in Gaza should provide a wake-up call to politicians in Washington, D.C, according to a former Egyptian…
