business news

House votes on Mike Johnson for speaker, fourth Republican nominee

Republican Rep. Mike Johnson of Louisiana is facing a floor vote in the House of Representatives Wednesday on his nomination…

Trump storms out of fraud trial after judge clashes with his attorneys, fines him $10,000 for violating gag order

Donald Trump stormed out of his $250 million New York fraud trial Wednesday, shortly after a judge fined him for…

Peace talks in the Middle East will take time to resume, World Bank chief says

The president of the World Bank on Tuesday said that it will be some time before progress toward a more…

IMF chief says Israel-Hamas war is a new cloud on the world’s economic horizon

The head of the International Monetary Fund on Wednesday dubbed the worsening Israel-Hamas conflict as another cloud on the horizon…

‘Incredible alpha opportunities’ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz

Several of Wall Street’s biggest names convened in Riyadh, Saudi Arabia, for the kingdom’s annual Future Investment Initiative, during which…

Israel-Hamas war updates: U.S. calls for ‘humanitarian pause’ in Israel’s military campaign in Gaza as fuel and other supplies run dangerously low

This was CNBC’s live blog tracking developments in the Israel-Hamas war. Click here for the latest Israel news and updates…

Deutsche Bank shares surge 7% after net profit beats expectations

Deutsche Bank shares popped on Wednesday, after the lender slightly beat expectations with its thirteenth straight profitable quarter and said…