United States

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…

Biden honors U.S. war dead with a cemetery visit ending a French trip that served as a rebuke to Trump

President Joe Biden closed out his trip to France by paying his respects at an American military cemetery that Donald…

Jobless rates rise in May for all racial groups except white Americans

The unemployment rate for white Americans held steady from April to May, bucking the trend for all other racial groups,…

U.S. economic engagement in Indo-Pacific ‘isn’t about China,’ Commerce Secretary Raimondo says

America’s economic engagement in Indo-Pacific “isn’t about China” but for strengthening U.S. presence in the region, Commerce Secretary Gina Raimondo…

Photos show world leaders, veterans commemorating D-Day’s 80th anniversary

Eighty years ago, the Allied forces stormed the beaches of Normandy, France, during World War II on what would be…

Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth

AMSTERDAM — Corporate payments startup Payhawk told CNBC it is planning mergers and acquisitions to grow its footprint in the corporate spend…