Bank of England leaves policy unchanged, says rates to stay high for ‘extended period’
LONDON — The Bank of England on Thursday kept its main interest rate unchanged at 5.25% and said monetary policy…
Biden administration to impose inflation penalties on dozens of drugmakers
The Biden administration will subject dozens of drugmakers to inflation penalties, the White House said on Thursday, in a move…
EU at critical juncture over aid to Ukraine at the bloc’s final summit of 2023
BRUSSELS — European heads of state are gearing up for a difficult two-day gathering where support for Ukraine is at…
‘Bonds are back’ as markets enter a ‘new paradigm,’ says HSBC Asset Management
LONDON — Markets have entered a “new paradigm” as the global order fragments, while heightened recession risk means that “bonds…
Putin says goals in Ukraine have ‘not changed’ and war will continue until Kyiv agrees a deal
This was CNBC’s live blog tracking developments on the war in Ukraine. Russian President Vladimir Putin held his annual phone-in…
European stocks close higher after Bank of England, ECB keep policy unchanged; Fed signals rate cuts
This is CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates. European markets…
House approves impeachment inquiry into President Biden as Republicans rally behind investigation
WASHINGTON (AP) — The House on Wednesday authorized the impeachment inquiry into President Joe Biden, with every Republican rallying behind…
Judge pauses Trump D.C. election case pending appeal, puts trial date in question
A federal judge on Wednesday paused Donald Trump’s election interference case while the former president appeals her refusal to toss…
Congress could punt Ukraine aid to 2024, snarl government funding talks
Ukrainian President Volodymyr Zelenskyy wrapped up a series of high-profile meetings in Washington this week with no guarantees that a…
DoubleLine’s Jeffrey Gundlach says 10-year Treasury yield will fall to 3% next year
DoubleLine Capital CEO Jeffrey Gundlach said Wednesday the 10-year Treasury yield will continue to fall to the 3% range next year, following the…
