Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the…
Suspected spies for Russia arrested in UK; Russia’s central bank hikes rates to 12%
This was CNBC’s blog tracking developments on the war in Ukraine on August 15, 2023. See here for the latest…
Trump indictment: Here’s what’s next for the case in Georgia
Fulton County District Attorney Fani Willis presented a Georgia grand jury Monday with the election interference case against former President…
China reports big data miss in July, stops releasing youth unemployment numbers
BEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include…
Feds say Trump not entitled to ‘special treatment’ in documents case
Federal prosecutors on Monday said former President Donald Trump is seeking “special treatment that no other defendant would receive” in…
Stocks making the biggest moves after hours: Discover Financial, Lennar, Getty Images and more
Check out the companies making headlines after the bell. Discover Financial Services — The financial services stock fell more than…
Bankman-Fried used customer funds for $100 million in U.S. political donations, prosecutors charge
Sam Bankman-Fried used stolen customer funds to make more than $100 million in political campaign contributions ahead of the 2022…
Yellen says the U.S. economy is on track for stable growth thanks to Inflation Reduction Act boost
WASHINGTON — Treasury Secretary Janet Yellen on Monday said the Inflation Reduction Act, the 2022 law that spurred major investments…
‘Nothing can prepare you’ for devastation of Hawaii wildfire, FEMA administrator says
FEMA Administrator Deanne Criswell described harrowing conditions in Maui after wildfires left at least 96 people dead, the deadliest American…
