United States

Biden’s support of Israel leaves him as isolated as Russia on the world stage, analyst says

The Biden administration’s steadfast support of Israel in its war against Hamas in Gaza has cost him tremendous political capital…

Putin’s spy chief says Ukraine could become a ‘second Vietnam’ for the U.S. as it drags on resources

This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates.  U.S. President…

Haley’s new Wall Street donors view Republican debate as first test she needed to ace

Former U.S. Ambassador to the United Nations Nikki Haley’s new Wall Street donors closely watched her Republican debate performance Wednesday,…

Wall Street CEOs try to convince senators that new capital rules will hurt Americans as well as banks

Wall Street CEOs on Wednesday pushed back against proposed regulations aimed at raising the levels of capital they’ll need to…

U.S. ‘losing a tremendous amount of credibility in the Arab world,’ ex-Egyptian minister says

The current conflict in Gaza should provide a wake-up call to politicians in Washington, D.C, according to a former Egyptian…

Wall Street opens wallets wide for ‘Trump alternative’ Nikki Haley at $500K fundraiser

Former U.S. ambassador to the United Nations Nikki Haley raised over $500,000 at a massive fundraising event in New York…

Job data suggests ‘soft landing’ is increasingly likely, economists say

The U.S. economy inched closer to a so-called “soft landing” after a new batch of labor data, economists said. A…

Supply chains, trade top agenda for Yellen Mexico trip

WASHINGTON — Treasury Secretary Janet Yellen will travel to Mexico City this week to strengthen economic ties with America’s top…

Former U.S. ambassador spied for Cuba for decades, Justice Department says

A retired American diplomat made his first court appearance Monday in Miami in a potentially explosive espionage case. Prosecutors say…

Swiss bank Banque Pictet admits hiding $5.6 billion of Americans’ money from IRS

A major Swiss bank admitted to conspiring with U.S. taxpayers and others to hide over $5.6 billion from the Internal…