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U.S. imposes sanctions on Russia and Iran for wrongful detention and hostage-taking of American citizens

WASHINGTON —  The Biden administration on Thursday announced a first round of sanctions targeting Russia and Iran for engaging in hostage-taking…
Politics

DOJ sues Tennessee, alleging it discriminates against transgender youth with new law

The Department of Justice is suing Tennessee for allegedly discriminating against transgender youth with a new state law banning the…
Finance

ChatGPT meets Robinhood? New investing app features AI-powered portfolio mentor

Applying artificial intelligence to the world of finance is all the rage, and a new investing platform just took it…
Politics

West Virginia Gov. Jim Justice kicks off campaign for Joe Manchin’s pivotal Senate seat

West Virginia Republican governor Jim Justice announced his 2024 campaign for the U.S. Senate seat currently held by incumbent Democratic…
Economy

U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing

Growth in the U.S. slowed considerably during the first three months of the year as interest rate increases and inflation…
Finance

Stocks making the biggest moves premarket: Meta, Teladoc, Harley-Davidson, Southwest Airlines and more

Check out the companies making headlines before the bell: Meta Platforms – Shares jumped 12% after the Facebook parent surpassed…
Politics

Moscow ‘welcomes’ China contacting Ukraine; Kyiv says Russia ‘won’t get away with’ Mykolaiv strikes

This was CNBC’s live blog tracking developments on the war in Ukraine on April 27, 2023. See here for the latest…
Finance

Fintech giants Klarna and Block slam ‘outdated’ UK buy now, pay later regulation proposals

The U.K.’s plan to regulate the buy now, pay later industry is “outdated” and will lead to worse consumer outcomes,…
Finance

Barclays posts 27% rise in net profit for the first quarter, beats expectations

LONDON — Barclays on Thursday reported net profit of £1.78 billion ($2.2 billion) for the first quarter, beating expectations and…
Finance

Deutsche Bank logs 11th straight quarterly profit, reveals job cuts

Deutsche Bank on Thursday reported a net profit of 1.158 billion euros ($1.28 billion) for the first quarter, emerging from…