Government and politics

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…

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…

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…

Joe Biden to attend $25,000 per person fundraiser during NYC campaign cash blitz

President Joe Biden is heading to New York City next week for a potentially lucrative campaign fundraising swing as he…

Putin warned of arrest if he attends summit; Kremlin rejects U.S. claim of 100,000 Russian casualties

This was CNBC’s live blog tracking developments on the war in Ukraine on May 2, 2023. See here for the…

Senate Judiciary Democrats underwhelmed by Supreme Court chief Roberts’ ethics response

Supreme Court Chief Justice John Roberts in a letter Monday answered additional questions about ethics on the high court —…

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…

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…