business news

Former Barclays CEO Staley fined and banned by UK regulator over Epstein links

LONDON — Former Barclays CEO Jes Staley on Thursday was fined and banned from holding any position of influence in…

Israel calls for evacuation of 1.1 million Palestinians in Gaza; at least 27 Americans killed

This was CNBC’s live blog tracking developments on the Israel-Hamas war. See here for the latest updates. Israel told the United…

Putin makes first known trip abroad since arrest warrant issued; Kyiv’s counteroffensive off schedule

This was CNBC’s live blog tracking developments on the war in Ukraine on October 12, 2023. Russian President Vladimir Putin…

China’s ‘Big Four’ banks rally after state wealth fund boosts stake

China’s sovereign wealth fund, Central Huijin Investment, increased its stake in four of the country’s biggest banks late Wednesday in…

Biden issues warning to longtime Hamas ally Iran, reiterates support for Israel and Netanyahu

WASHINGTON — President Joe Biden said Wednesday he warned Iran to “be careful” in the wake of attacks by militant…

Already a humanitarian crisis, war with Hamas could have major impact on Israel’s economy

As Israel prepares for what could be a long war with massive humanitarian implications, there are also concerns about how…

Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show

Federal Reserve officials at their September meeting differed on whether any additional interest rate increases would be needed, though the…

Goldman Sachs warns of hit to third-quarter earnings on deal to offload GreenSky

Goldman Sachs said Wednesday that it agreed to sell its fintech lending platform GreenSky to a group of investors led…

These regional banks are at risk of being booted from the S&P 500

The stock sell-off that hit regional banks this year has exposed lenders including Zions and Comerica to the risk of…