business news

House Republicans ask AG Garland to investigate former Trump lawyer Cohen for perjury

House Republican Conference Chair Elise Stefanik on Tuesday urged Attorney General Merrick Garland to investigate whether Donald Trump’s former lawyer…

Here’s the inflation breakdown for October 2023 — in one chart

Inflation declined in October, continuing a broad slowdown as gasoline prices retreated during the month. However, price pressures remain under…

House Speaker Mike Johnson endorses Trump, defends ‘stolen election’ claims

House Speaker Mike Johnson on Tuesday endorsed Donald Trump for the 2024 Republican presidential nomination, while defending the former president’s…

Inflation was flat in October from the prior month, core CPI hits two-year low

Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their…

House Speaker Mike Johnson predicts ‘bipartisan agreement’ to fund government, avoid shutdown

WASHINGTON — House Speaker Mike Johnson said he expects to win bipartisan backing Tuesday for his “laddered” continuing resolution to…

Former St. Louis Fed president says the FOMC still has ‘a ways to go’ on inflation

Former St. Louis Fed President Jim Bullard says the Federal Reserve still has “a ways to go” in fighting inflation…

UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession

UBS expects the U.S. Federal Reserve to cut interest rates by as much as 275 basis points in 2024, almost…

IDF says it is carrying out an operation at Gaza’s Al-Shifa hospital; March for Israel draws thousands to D.C.

This was CNBC’s live blog tracking developments on the Israel-Hamas war. Click here for the latest udpates. U.S. President Joe…

Russian troops punished for drink and drugs; frontline attacks on Ukraine rising, Zelenskyy says

This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates. Russian attacks…