business news

Putin warned of arrest if he attends summit; Kremlin rejects U.S. claim of 100,000 Russian casualties

This was CNBC’s live blog tracking developments on the war in Ukraine on May 2, 2023. See here for the…

Lawmakers urge SEC to crack down on Chinese retail giant Shein over alleged forced labor

WASHINGTON — Bipartisan lawmakers are urging the nation’s top markets regulator to require Chinese fast-fashion giant Shein to disclose potential…

Stocks making the biggest moves after hours: Arista Networks, Chegg, MGM Resorts, Stryker and more

Check out the companies making headlines in after-hours trading. Arista Networks — The cloud networking company slid 7% despite beating…

Senate Judiciary Democrats underwhelmed by Supreme Court chief Roberts’ ethics response

Supreme Court Chief Justice John Roberts in a letter Monday answered additional questions about ethics on the high court —…

The U.S. could hit the debt ceiling by June 1, much sooner than expected, Yellen warns

WASHINGTON — Treasury Secretary Janet Yellen on Monday warned that the United States may run out of measures to pay its…

Lawmakers praise First Republic sale, but efforts to pass new bank rules are fizzling

WASHINGTON — Lawmakers who sit atop key banking committees praised the federal takeover of First Republic Bank on Monday, and…

Bitcoin pulls back to start May as First Republic Bank saga comes to an end

Cryptocurrencies took a dip on Monday to start the week and new month as investors bet the takeover of First…

Facebook was the main donor to a group that fought antitrust reforms in 2020 and 2021

An advocacy group backed by Facebook received a $34 million donation from an anonymous donor as it waged a battle…

Stocks making the biggest moves midday: JPMorgan Chase, General Motors, Exxon Mobil & more

Check out the companies making headlines in midday trading. First Republic, JPMorgan Chase — First Republic shares and were halted…