China is testing the limits of a critical U.S.-Philippines defense pact — will Washington respond?
China has stepped up its aggression against the Philippines in the contested waters of the South China Sea, calling into…
IMF says Fed should hold interest rates where they are until ‘at least’ end of year
The Federal Reserve should wait to cut interest rates until “at least” the end of the year, according to the…
Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe…
Fugitive ex-CEO of investment firm arrested on securities, wire fraud charges
A former investment company CEO who previously appeared as a paid contributor to CNBC was arrested on fraud charges after…
How immigrants are helping keep job growth hot while inflation cools
Immigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in recent months…
Israel warns of ‘devastating consequences’ as spike in fire with Lebanon risks wider conflict
A senior U.S. adviser will travel to Israel in a bid to cool rising tensions at the Lebanon border, where…
‘Russia has to pay’: G7 taps Moscow’s frozen assets in support of Ukraine
A simple principle underpins a contentious Thursday decision by the U.S. and key allies to tap profits from Russian sovereign…
Yellen: More Ukraine aid can be backed by frozen Russian assets after initial $50 billion loan
U.S. Treasury Secretary Janet Yellen said Thursday that the $50 billion loan to Ukraine that President Joe Biden and other…
Trump floats eliminating U.S. income tax and replacing it with tariffs on imports
Donald Trump on Thursday brought up the idea of imposing an “all tariff policy” that would ultimately enable the U.S.…
Judge bars ‘pharma bro’ Martin Shkreli from streaming Wu-Tang Clan album after suit says he copied it
A federal judge temporarily barred notorious “pharma bro” Martin Shkreli from streaming or disseminating copies of a one-of-a-kind Wu-Tang Clan…
