Fed’s Raphael Bostic expects rate cuts to happen in the third quarter
Atlanta Federal Reserve President Raphael Bostic expects policymakers to start cutting rates in the third quarter of this year, saying…
Judge loses patience with Trump lawyer in E. Jean Carroll sex assault defamation trial
A federal judge Thursday quickly lost patience with Donald Trump’s lawyer as she grilled E. Jean Carroll on her income…
New Morgan Stanley CEO is ‘super bullish’ on hitting financial targets
Morgan Stanley‘s new CEO, Ted Pick, on Thursday expressed confidence his bank will hit financial targets of $10 trillion in…
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…
