business news

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…

Mastering this skill is the ‘hardest part’ of personal finance, advisors say

The following is an excerpt from “This week, your wallet,” a weekly audio show on Twitter produced by CNBC’s Personal…

The First Republic deal has come at a crucial point for the markets and economy

JPMorgan Chase’s takeover of First Republic likely ends the panic phase of the banking crisis, with the fallout left to…

DeSantis Disney oversight board votes to sue company over tax-district fight

The board of supervisors picked by Florida Gov. Ron DeSantis to oversee Walt Disney World’s operations voted Monday to sue…

Judge denies Trump’s request for mistrial in E. Jean Carroll rape defamation case

A federal judge on Monday denied former President Donald Trump’s request for a mistrial in writer E. Jean Carroll’s civil…

Jamie Dimon says ‘this part of the crisis is over’ after JPMorgan Chase buys First Republic

The crisis that led to the downfall of three regional U.S. banks in recent weeks is largely over after the…