business news

‘Very stupid’: Italy’s bank tax remains controversial as government scrambles to update it

Italy’s shock tax on banks continues to prove controversial, even as the government insists it can improve it. Europe’s main…

Putin and Erdogan discuss grain deal; Kyiv replaces defense minister

This was CNBC’s live blog tracking developments on the war in Ukraine on Sept.4, 2023. See here for the latest…

U.S. Commerce secretary says she ‘didn’t pull any punches’ during recent visit to China

U.S. Commerce Secretary Gina Raimondo met with Chinese officials in a high-stakes visit to Beijing and Shanghai this week, and…

Biden in Florida promises to rebuild, calls on Congress to provide more FEMA funding

President Joe Biden standing in front of a home damaged by a fallen tree said it was “but for the…

White House calls Marjorie Taylor Greene talk of Biden impeachment a ‘partisan stunt’

WASHINGTON — The White House pushed back on Republican talk of impeachment as “a partisan stunt” after Rep. Marjorie Taylor…

Judge withdraws from Medicare drug price case after stock ownership is revealed

A federal judge on Friday withdrew from a case that could block Medicare from negotiating over drug prices, just hours…

Russia’s Putin says he will soon meet with China President Xi as war in Ukraine drags on

WASHINGTON — Russian President Vladimir Putin said Friday that he will soon meet with Chinese President Xi Jinping as the Kremlin’s war…

Biden kept a Ford EV battery plant from going overseas. But not everyone is happy about it.

MARSHALL, MICH. – On a gusty morning in a quaint central Michigan town, the sun’s glow hits the brightly colored…