business news

Blinken says he failed to revive military-to-military talks with China

BEIJING — U.S. Secretary of State Antony Blinken said Monday he failed to revive military-to-military talks with China, despite earlier…

Russia fines Telegram and Viber for ‘illegal’ war content; Putin open to talking about Ukraine, Kremlin says

This was CNBC’s live blog tracking developments on the war in Ukraine on June 20, 2023. See here for the…

‘Hell of a job’: Biden’s reaction and 5 other takeaways from Blinken’s trip to China

U.S. President Joe Biden said Secretary of State Antony Blinken “did a hell of a job” in Beijing. His comments…

Bank of England’s conundrum deepens as inflation and labor market stay hot

LONDON — The Bank of England is “caught between a rock and a hard place” as it prepares for a…

Biden will announce $600 million in climate investments during California trip

President Joe Biden will visit Palo Alto, California, on Monday and announce over $600 million in climate investments to help…

This investment manager is looking to bridge the racial wealth gap

Black people in America won their personal freedom 158 years ago. Economic freedom, though, has been far more elusive. Veteran…

Brits are facing a major mortgage crisis as lending rates soar

LONDON — U.K. borrowers are facing a cliff edge that could damage the economy as rising mortgage costs hit deal…

Ukraine says it’s recaptured 8 villages during counteroffensive; China looks to reassure U.S. over Russia

This was CNBC’s live blog tracking developments on the war in Ukraine on June 19. 2023. See here for the…

Rate cuts, hikes and pauses: The world’s central banks just made very different decisions

From hawkish pauses to rate hikes and dovish tones, the world’s biggest central banks last week struck very different tones…

GOP presidential hopefuls criticize Trump: ‘He’s a petulant child’

Several Republican 2024 presidential hopefuls criticized Donald Trump Sunday as the former president faces 37 federal counts for allegedly hoarding…