business news

Goldman Sachs is in the spotlight as tech firms Arm and Instacart test IPO market

The return of large tech IPOs this week after a prolonged drought isn’t just a test of investors’ appetite for…

Early Revolut backer Lakestar leads $40 million investment in French fintech startup Swan

European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French…

Kim and Putin talks end after two hours, leaders hail alliance stretching back to Cold War era

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

Co-founder of $4 billion crypto fraud scheme gets 20 years in prison, ‘Cryptoqueen’ partner remains at large

The co-founder of the fraudulent OneCoin cryptocurrency, a massive pyramid scheme that amassed more than $4 billion from millions of…

Child poverty more than doubled in U.S. after expanded tax credits, stimulus checks ended

Child poverty more than doubled in the U.S. last year after financial assistance that supported families during the earlier days…

House committee targets crackdown on U.S. investment in Chinese tech, military development

WASHINGTON — Members of a bipartisan House committee examining economic competition between the U.S. and China said Tuesday that Congress…

Sen. Blumenthal plans action against telemarketing scams masquerading as political, charitable causes

Sen. Richard Blumenthal is moving ahead with new legislative efforts to combat telemarketing scams that have raised millions of dollars…

Elizabeth Warren calls for an investigation into Musk and Starlink in Ukraine after biography claim

WASHINGTON — Sen. Elizabeth Warren called for a probe Tuesday following a claim that Tesla and SpaceX CEO Elon Musk curbed a Ukrainian military…

Biden impeachment inquiry gives White House a fight it’s ready for

WASHINGTON — The White House’s oversight and investigations war room finally got the battle on Tuesday that they’d been arming themselves…