Politics

Judge withdraws from Medicare drug price case after stock ownership is revealed

A federal judge on Friday withdrew from a case that could block Medicare from negotiating over drug prices, just hours…

Russia’s Putin says he will soon meet with China President Xi as war in Ukraine drags on

WASHINGTON — Russian President Vladimir Putin said Friday that he will soon meet with Chinese President Xi Jinping as the Kremlin’s war…

Biden kept a Ford EV battery plant from going overseas. But not everyone is happy about it.

MARSHALL, MICH. – On a gusty morning in a quaint central Michigan town, the sun’s glow hits the brightly colored…

Heading into Labor Day weekend, Biden celebrates new job growth

WASHINGTON — President Joe Biden lauded new jobs data out Friday that showed robust growth in the past month. “As…

USVI says JPMorgan notified Treasury of more than $1 billion in Jeffrey Epstein ‘human trafficking’ transactions after he died

JPMorgan Chase notified the Treasury Department of more than $1 billion in transactions related to “human trafficking” by Jeffrey Epstein…

White House asks for additional $4 billion for FEMA after Hurricane Idalia, Maui fires

WASHINGTON — The White House is requesting an additional $4 billion from Congress to bolster funding for the Federal Emergency…

‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation

The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over…

Moscow holds elections in illegally occupied parts of Ukraine; Putin and Turkey’s Erdogan to meet in Sochi

This was CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates. Regional elections…

White House asks Congress for short-term funding to avoid government shutdown

WASHINGTON — The White House on Thursday asked Congress to pass a short-term measure to fund the federal government and…

FEMA is down to its last $3.4 billion as Maui wildfires, Hurricane Idalia slam U.S.

The Federal Emergency Management Agency is running low on money to respond to natural disasters as the U.S. faces billions…