business news

Sandra Day O’Connor, first woman on Supreme Court, dies at 93

Sandra Day O’Connor, the first woman to serve as a justice on the U.S. Supreme Court, has died. O’Connor was…

Rep. George Santos expelled from Congress for corruption, cutting GOP majority

The House voted Friday to expel Rep. George Santos from Congress for his alleged finance crimes and his campaign lies,…

Zelenskyy says ‘new phase of war’ has begun, Hungary to back EU ‘strategic partnership’

This was CNBC’s live blog tracking developments on the war in Ukraine. Ukrainian President Volodymyr Zelenskyy on Thursday called for…

Robinhood CEO defends payment for order flow, says practice is ‘here to stay’

Robinhood CEO Vlad Tenev says he doesn’t believe that the payment for order flow (PFOF) model of market-maker routing that…

Charlie Munger said Berkshire would be worth double if he and Buffett used leverage

The late investment icon Charlie Munger said Berkshire Hathaway, the conglomerate he and Warren Buffett built over the last five…

Munger and Buffett were unable to pull off one last deal together using Berkshire’s $157 billion in cash

Charlie Munger didn’t manage to help pull off one final deal with his lifelong partner Warren Buffett, but he remained…

China consumption shows ‘no sign’ of a strong V-shaped recovery, McKinsey says

BEIJING — China’s consumer isn’t going to be spending big anytime soon, which means companies need to be more strategic…

SEC meets with Grayscale, BlackRock about potential bitcoin ETFs

The U.S. Securities and Exchange Commission is formally engaging with asset managers ahead of a much anticipated decision on whether…