business news

Sam Bankman-Fried, FTX allies secretly poured $50 million into ‘dark money’ groups, evidence shows

Former crypto king Sam Bankman-Fried and his allies donated $50 million during the 2022 election cycle toward politically active groups…

House Republicans scramble to find new speaker nominee after they ditch Jim Jordan

Republican lawmakers on Friday ditched Rep. Jim Jordan as their nominee for speaker of the House of Representatives after his bid…

Fed’s Raphael Bostic doesn’t foresee rate cuts coming until ‘late 2024’

Atlanta Federal Reserve President Raphael Bostic on Friday said he doesn’t envision interest rate cuts happening until well into 2024.…

Coinbase is ‘confident’ a U.S. bitcoin ETF will be approved after SEC’s court defeat

Coinbase is confident that a U.S. bitcoin exchange-traded fund will be approved by the U.S. Securities and Exchange Commission, the…

Israel-Hamas war live updates: Hamas releases two American hostages; Biden says Gaza aid is coming in 24 to 48 hours

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

White House requests $61 billion for Ukraine funding; North Korea’s Kim says Russia agreements will be ‘faithfully’ fulfilled

This was CNBC’s live blog tracking developments on the war in Ukraine. The White House on Friday requested more than…

After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard

Publicly listed gaming companies are sitting on a $45 billion pile of cash and cash equivalents — and that could…

Turbine troubles have sent wind energy stocks tumbling — and a slew of issues remain

As the biggest players in wind energy gear up to report quarterly earnings, supply-chain reliability issues are front and center…