business news

Fed’s Barkin sees likely soft landing ahead but notes rate hikes still a possibility

Richmond Federal Reserve President Thomas Barkin on Wednesday expressed confidence that the economy is on its way to a soft…

Killing of senior Hamas leader in Lebanon stokes fears of Gaza war spreading beyond enclave

The killing of senior Hamas leader Saleh al-Arouri in Lebanon’s capital of Beirut has sparked fears that the war in…

Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC to top spending table

Saudi Arabia’s Public Investment Fund (PIF) was the top spender among global sovereign wealth funds last year, accounting for about…

Ukraine attacks Russian city of Belgorod and occupied Crimea overnight as retaliatory strikes intensify

This was CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates. Russian officials…

‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…

Michael Cohen can’t hold Donald Trump liable for retaliatory imprisonment, court says

Michael Cohen can’t hold his former boss, ex-president Donald Trump, liable for allegedly jailing him in retaliation for writing a…

No Labels’ third-party ticket could fall apart if candidates are not ‘top-tier,’ Joe Lieberman says

No Labels founder Joe Lieberman is open to scrapping his bipartisan, third-party presidential ticket if the nonprofit political group cannot…

Harvard University President Claudine Gay resigns amid plagiarism claims

Harvard University President Claudine Gay resigned Tuesday amid new allegations of plagiarism, becoming the second Ivy League leader to step…