FTC prepares to sue largest U.S. alcohol distributor, alleging ‘secret kickbacks’
The Federal Trade Commission is preparing an antitrust lawsuit against the largest U.S. alcohol distributor, Southern Glazer’s Wine and Spirits,…
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…
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…
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…
Epoch Times CFO Bill Guan is charged in alleged $67 million global money laundering scheme
The chief financial officer of conservative global news outlet The Epoch Times has been arrested and charged with leading a…
Kremlin warns Washington of ‘fatal’ miscalculation to let Kyiv use U.S.-supplied weapons inside Russia
Russian Deputy Foreign Minister Sergei Ryabkov on Monday warned the U.S. against the potential “fatal consequences” of allowing Kyiv to deploy…
Retired U.S. Navy admiral charged in bribery scheme with tech CEOs for $500,000 salary
A retired four-star U.S. Navy admiral, who was once the military branch’s second-highest-ranking officer, was arrested on Friday for a…
Trump has been convicted — but that may not weigh down his White House bid. Here’s why
Donald Trump is now the first former American president ever to be convicted in a criminal trial — but it’s…
Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates, according…
Ukraine war updates: Italy says no to Ukraine using Western weapons to strike military targets inside Russia
This was CNBC’s live blog tracking developments on the war in Ukraine. Russia’s cross-border offensive into Ukraine’s northeastern Kharkiv region…
