business news

Some Democratic donors want to slow Harris’ nomination; potential challengers quick to endorse it

Some of the Democratic Party’s top donors have been urging the party to hit the brakes on Vice President Kamala…

UK planned to spend 10 billion pounds on Rwanda asylum scheme, minister says

Britain’s previous government had planned to spend 10 billion pounds ($12.9 billion) on a now-scrapped plan to deport asylum seekers…

Secret Service chief needs to go, Republican and Democratic leaders say after brutal hearing

The top Democrat on a House committee joined its Republican chairman Monday in urging embattled Secret Service Director Kimberly Cheatle…

Warren Buffett’s Berkshire trims Bank of America stake for the first time since 2019 after strong rally

Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in 4½ years following the bank’s strong…

As Kamala Harris seeks to win over her doubters, analysts explain what to watch

The pressure is on Vice President Kamala Harris to turn around her political fortunes and win the Democratic Party’s nomination, analysts say,…

Majority of pledged Democratic delegates endorse Harris after massive fundraising day

This is CNBC’s live blog covering news and updates on Joe Biden’s decision to bow out from the U.S. presidential…