business news

DOJ charges Chinese businessman Guo Wengui, associate of Steve Bannon, in $1 billion fraud

Controversial exiled Chinese billionaire Guo Wengui — an associate of former Trump White House advisor Steve Bannon — was arrested…

Unemployment for Black and Hispanic women rose in February, but more workers join the labor force

The unemployment rate for Black and Hispanic women rose in February, but so did the number of people looking for…

Trump super PAC accuses Ron DeSantis of ‘shadow’ presidential bid in ethics complaint

A pro-Trump super PAC on Wednesday said it is filing an ethics complaint against Florida Gov. Ron DeSantis, accusing him…

Just like that: Market pricing swings back to quarter-point Fed rate hike

It seemed like only yesterday that markets were sure that a tougher Federal Reserve was going to raise its benchmark…

Trump extends lead over DeSantis in new poll of possible GOP primary field

Donald Trump is extending his lead over Florida Gov. Ron DeSantis, who will likely start as the former president’s top…

Something broke, but the Fed is still expected to go through with rate hikes

When the Federal Reserve starts to raise interest rates, it generally keeps doing so until something breaks, or so goes…

Honduras ditching Taiwan raises larger geopolitical concerns

Honduras’ decision to cut diplomatic ties with Taiwan in favor of China is yet another sign of growing Chinese influence…

Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago

Inflation rose in February but was in line with expectations, likely keeping the Federal Reserve on track for another interest…

Watch the moment Russian jets intercept U.S. drone; Poland to send fighter aircraft to Ukraine

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] The chasm between…

Moody’s Analytics’ Mark Zandi says Fed unlikely to hike rates in March given banking turmoil

Moody’s Analytics chief economist Mark Zandi thinks the Federal Reserve is unlikely to raise interest rates at its March meeting…