business news

MyPillow CEO Mike Lindell ordered to pay $5 million to 2020 election fraud data debunker

An arbitration panel ordered MyPillow CEO Mike Lindell to pay $5 million within 30 days to a Nevada software developer…

EU lawmakers approve world’s first comprehensive framework for crypto regulation

Lawmakers in the European Parliament have approved the world’s first comprehensive package of rules aimed at regulating the cryptocurrency industry.…

Veteran investor David Roche says a credit crunch is coming for ‘small-town America’

The banking turmoil of March, which saw the collapse of several regional U.S. lenders, will lead to a credit crunch…

Appeals court temporarily blocks House subpoena for ex-Manhattan prosecutor in Trump probe

A federal appeals court on Thursday temporarily blocked a House Judiciary Committee subpoena for testimony from a former Manhattan prosecutor who…

Stocks making the biggest premarket moves: Tesla, IBM, American Express, KeyCorp and more

Check out the companies making the biggest moves in premarket trading: Tesla — The electric vehicle maker tanked about 7%…

UK inflation is just not going down as cost of living crisis offers ‘no respite’

LONDON — U.K. inflation remained stubbornly in double digits in March, driven largely by soaring food prices, while the country’s…

Kyiv says it’s time for NATO to invite Ukraine into the alliance — not just to a summit

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

Stocks making the biggest moves after hours: Tesla, Las Vegas Sands, IBM and more

Check out the companies making headlines after the bell. Tesla — Shares slid 3.6% after the electric vehicle maker said…

McCarthy unveils debt ceiling bill that aims to cut big parts of Biden’s agenda

WASHINGTON — House Speaker Kevin McCarthy, R-Calif., on Wednesday released his plan to raise the debt ceiling by $1.5 trillion…

Biden slams McCarthy, tells him to ‘take default off the table’ in debt ceiling fight

President Joe Biden on Wednesday slammed House Republicans for flirting with defaulting on the national debt, saying America is not…