Politics

Biden’s new immigration executive order could tighten labor markets, but ease supply chain bottlenecks

President Joe Biden’s new executive order tightening asylum limits at the U.S.-Mexico border could have the double-edged economic effect of…

India’s Narendra Modi declares victory despite weaker mandate

Indian Prime Minister Narendra Modi declared victory in the country’s election late on Tuesday, despite a disappointing election that saw…

Attorney General Merrick Garland fires back at House GOP contempt threat: ‘I will not be intimidated’

Attorney General Merrick Garland on Tuesday hit back at House Republicans threatening to hold him in contempt, calling their efforts…

Trump 2020 campaign aide, lawyers charged in Wisconsin fake electors case

A 2020 Trump campaign aide and two attorneys who did work for the campaign were charged Tuesday with forgery related…

U.S. appeals court blocks grant program for Black women-owned businesses

Venture capital fund Fearless Fund cannot resume making grants to Black women-owned businesses, a divided U.S. appeals court ruled on…

The SBA is unveiling new credit lines of up to $5 million to fund small businesses

The U.S. Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses,…

U.S. ignored evidence major U.K. bank was helping fund sanctioned Iranian groups, whistleblower says

Recent documents submitted to a U.S. federal court allege that major British bank Standard Chartered helped finance sanctioned Iranian entities…

Kremlin denies Olympics disinformation campaign, calls Microsoft allegation slanderous

The Kremlin denied an allegation that it is waging a disinformation campaign against France, its president and the 2024 Olympic…

Modi’s party loses majority in shock India election result

Indian Prime Minister Narendra Modi will have to seek power-sharing agreements for a historic third term in power, with his…

Moscow derides peace summit; Ukraine says using Western weapons to strike Russia could be a game changer

This was CNBC’s live blog tracking developments on the war in Ukraine. Russia poured scorn on Ukraine’s attempts to invite…