Politics

Immigration is boosting the U.S. economy and has been ‘really underestimated,’ says JPMorgan research head

The recent surge in immigration into the U.S. is helping to bolster the economy despite a raft of global challenges,…

Ukraine war updates: Moscow amassing 100,000 troops for possible summer offensive, Kyiv says; Ukraine’s energy grid hit

This was CNBC’s live blog tracking developments on the war in Ukraine. Washington urged Kyiv to cease drone strikes on…

Treasury chief Yellen defends Biden budget against Republican senators’ fears of tax increases

WASHINGTON — Treasury Secretary Janet Yellen on Thursday defended President Joe Biden’s 2025 fiscal budget proposal as Republican senators said they…

Treasury chief Yellen defends Biden budget against Republican senators’ fears of tax increases

WASHINGTON — Treasury Secretary Janet Yellen on Thursday defended President Joe Biden’s 2025 fiscal budget proposal as Republican senators said they…

Judge orders Trump company to tell financial watchdog about efforts to get appeal bonds

A judge ordered Donald Trump’s company Thursday to inform a court-appointed financial watchdog about any efforts to obtain an appeal…

House Speaker Johnson says he will invite Israel leader Netanyahu to address Congress, slams Schumer

House Speaker Mike Johnson on Thursday said he will invite Israeli Prime Minister Benjamin Netanyahu to address a joint session…

5-hour Energy billionaire named in Senate Swiss bank tax probe

WASHINGTON — Billionaire 5-hour Energy entrepreneur Manoj Bhargava maintained allegedly undeclared bank accounts worth hundreds of millions of dollars at…

China slams the U.S. for interfering in Arunachal Pradesh border dispute with India

China slammed the United States for interfering in its border dispute with India, after Washington said it recognized the disputed…

Switzerland becomes first major economy to cut interest rates in surprise move

The Swiss National Bank on Thursday surprised the market with a decision to lower its main policy rate by 0.25…

Ukraine war updates: Russia launches large strike on Ukrainian capital; Moscow’s defeat a matter of life or death, Kyiv says

This was CNBC’s live blog tracking developments on the war in Ukraine. Ukraine’s capital Kyiv has experienced one of the…