business news

Russia claims Ukraine attempted attack on the Kremlin with drones; Kyiv denies any involvement

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

After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation

After the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of…

India’s ties with Russia remain steady. But Moscow’s tighter embrace of China makes it wary

India’s relationship with Russia remains steadfast as both sides seek to deepen their economic ties. But Moscow has also grown…

Michael Milken says recent crisis is the same mistake banks have been making for decades

Famed investor Michael Milken said Tuesday that the current banking crisis stemmed from a classic asset-liability mismatch that has played…

Trump won’t testify in E. Jean Carroll civil rape defamation trial, his lawyer says

Donald Trump will not testify in the civil trial where writer E. Jean Carroll accuses the former president of rape…

Stocks making the biggest moves after hours: Ford, Starbucks, Clorox and more

Check out the companies making headlines after hours. Ford Motor — Ford topped analysts’ expectations on the top and bottom…

ATF broke the law by paying agents millions in wrongful benefits, watchdog tells Biden

The Bureau of Alcohol, Tobacco, Firearms and Explosives for years illegally overpaid up to $20 million to agents and investigators…

Democrats harden their message on the debt ceiling while quietly paving the way for a deal

WASHINGTON — Democrats responded to the news that the U.S. could default on its debt as early as June 1 by…

Woman arrested for allegedly throwing wine at Rep. Matt Gaetz

A Florida woman was charged with felony battery after she allegedly threw a glass of wine on Rep. Matt Gaetz,…