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The EU’s divided approach on China might be coming to an end — and the U.S. is unlikely to be happy about it

European Union officials on Tuesday called for a new and joint approach toward China, following French President Emmanuel Macron’s controversial…
Finance

Bank of America posts first-quarter results that top expectations on higher rates

Bank of America on Tuesday reported first-quarter earnings and revenue that topped expectations on the back of higher interest rates.…
Politics

Fox News and Dominion defamation trial delayed ahead of opening arguments

WILMINGTON, Del. — Opening arguments were delayed Tuesday in the Dominion Voting Systems’ defamation lawsuit accusing Fox News of spreading…
Politics

Zelenskyy meets with troops in Donetsk; Moscow court denies WSJ reporter’s appeal

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

Britain could see crypto-specific regulation in the next 12 months, top lawmaker says

Britain could introduce specific laws aimed at regulating the cryptocurrency industry in the next 12 months, a top lawmaker told…
Finance

Goldman Sachs misses revenue estimates after taking $470 million hit on Marcus loans

Goldman Sachs posted first-quarter results Tuesday that missed analysts’ expectations for revenue after taking a $470 million hit tied to…
Finance

Nio says it won’t join the ‘price war’ and slash prices like Tesla

SHANGHAI — Chinese electric car company Nio will keep its prices high rather than cut them, CEO William Li told…
Finance

Market may ignore recession for first time since 1945, RBC’s top strategist Lori Calvasina finds

Wall Street may be ripping a page out of the post-WWII era. According to RBC Capital Markets’ Lori Calvasina, stocks…
Politics

Fetterman and McConnell return to the Senate, but Feinstein remains in California

WASHINGTON — Senate Minority Leader Mitch McConnell and Democratic Sen. John Fetterman both returned to the Capitol on Monday after…
Politics

Rep. George Santos, who admitted lying about his resume, announces 2024 reelection bid

Rep. George Santos, the freshman Republican lawmaker from New York whose brief time in office has been draped in scandal,…