business news

UN warns of ‘widespread hunger’ as food, water and fuel run out in Gaza; Israel says tunnel shaft found

This was CNBC’s live blog tracking developments on the Israel-Hamas war. Click here for the latest. Israel Defense Forces confirmed…

Russia says it’s ‘destroying’ Ukrainians that crossed into occupied territory, vowing to inflict ‘hell’ on them

This was CNBC’s live blog tracking developments on the war in Ukraine. Fierce fighting has erupted between Russian forces and…

Xi says U.S. and China can only be adversaries or partners, with no middle ground

BEIJING — The U.S. and China have to choose between being adversaries or partners, Chinese President Xi Jinping told American…

Tim Cook, Elon Musk, Steve Schwarzman spotted at Xi Jinping dinner with U.S. CEOs

Apple CEO Tim Cook, Tesla chief Elon Musk and Blackstone’s Steve Schwarzman were among the guests Wednesday night at a…

U.S. and China agree to resume military talks. Takeaways from the Biden-Xi summit

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping have agreed to resume high-level military communication, according to…

New Hampshire defies national Democrats’ calendar revamp with Jan. 23, 2024, presidential primaries

New Hampshire’s secretary of state on Wednesday scheduled the state’s presidential primaries for Jan. 23, 2024, extending its century-old streak…

The market thinks the Fed is going to start cutting rates aggressively. Investors could be in for a letdown

Markets seem to have taken this week’s positive economic data as the all-clear signal for the Federal Reserve to start…

Trump Georgia election case judge will issue protective order for evidence after media leak

A Georgia judge said Wednesday he will issue a protective order barring the public release of sensitive evidence exchanged between…

Earth is ‘big enough’ for U.S. and China to succeed, Xi says as he meets Biden

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping met Wednesday outside of San Francisco in their first…