business news

‘Nationalizing bond markets’ left central banks unprepared for inflation, top HSBC economist says

The prolonged period of loose monetary policy after the global financial crisis equated to central banks “nationalizing bond markets,” and…

Biden tells Russia to release WSJ reporter; Wimbledon reverses ban on Russians and Belarusians

This was CNBC’s live blog tracking developments on the war in Ukraine on March 31, 2023. See here for the…

China’s banking troubles are not the same as Silicon Valley Bank, economist says

BO’AO, China — China’s small banks have problems — but they don’t carry the same risks as those exposed by…

Bank of America’s Andy Sieg is joining Citi as head of global wealth

Andy Sieg, a veteran of Merrill Lynch, is parting ways with Bank of America to join Citigroup. He will be…

Trump indicted by New York grand jury, and he’s due in court Tuesday

A New York grand jury voted Thursday to indict former President Donald Trump in connection with a $130,000 hush money…

Trump indicted live updates: Ex-president expected to appear before judge Tuesday

Follow CNBC.com’s live coverage of former President Donald Trump’s surrender and arraignment at the Manhattan criminal courthouse. A New York…

Russia detains Wall Street Journal reporter, plans to hold him until late May

Russian authorities plan to detain an American journalist who works for The Wall Street Journal for two months. The reporter,…

Biden calls for stricter banking regulations in the wake of SVB, Signature Bank failures

WASHINGTON — President Joe Biden on Thursday urged federal regulators to take up a set of reforms to safeguard the…

Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more

Check out the companies making headlines in midday trading. Bed Bath & Beyond – Shares of the home goods retailer…

Senate Democrats led by Elizabeth Warren press federal bank regulators to implement stronger capital requirements

WASHINGTON — Senate Democrats are pressing federal banking regulators to toughen bank capital requirements following back-to-back congressional hearings where officials…