business news

Fed’s Susan Collins says more rate hikes can’t be taken off the table yet

Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could…

GOP House Ethics chair files new bid to expel George Santos after scathing report alleges theft

The Republican chairman of the House Ethics Committee on Friday filed a resolution to expel Rep. George Santos from Congress…

Ray Dalio says U.S. reaching an inflection point where the debt problem quickly gets even worse

Soaring U.S. government debt is reaching a point where it will begin creating larger problems, Bridgewater Associates founder Ray Dalio…

Biden signs a bill averting a government shutdown for now, with Israel and Ukraine aid still stalled

President Joe Biden signed a temporary spending bill a day before a potential government shutdown, pushing a fight with congressional…

Israel will allow ‘very minimal’ daily shipments of fuel; telecom services partially restored in Gaza

This was CNBC’s live blog tracking developments on the Israel-Hamas war. Israel on Friday announced it will allow “very minimal”…

Russian shelling kills six in Kherson; Finland to blockade Russian borders

This is CNBC’s live blog tracking developments on the war in Ukraine. Russian shelling killed six people and injured at…

Republicans who kept Rep. Santos in Congress are lining up to oust him after scathing ethics report

House Republicans who previously opposed efforts to oust GOP Rep. George Santos are now lining up to expel him after…

Music mogul Sean ‘Diddy’ Combs sued for alleged rape, sex trafficking by singer Cassie

Hip-hop music and fashion mogul Sean “Diddy” Combs was hit Thursday with a civil lawsuit accusing him of raping and…