United States

China skeptic Lai Ching-te wins Taiwan’s presidential election

TAIPEI — Taiwan’s ruling Democratic Progressive Party won an unprecedented third-straight presidential term, as incoming leader Lai Ching-te pledged to…

Morgan Stanley will pay $249 million to settle criminal, SEC block trade probes

Morgan Stanley has agreed to pay a total of $249 million to settle a criminal investigation and a related Securities…

White House says U.S. Ukraine assistance has ‘ground to a halt’; UK announces increased drone funding

This was CNBC’s live blog tracking developments on the war in Ukraine. U.S. military assistance to Ukraine has “ground to…

White House prepares for Taiwan presidential elections and ‘period of higher tension’

The Biden administration doubled down on its support for Taiwan’s democratic process ahead of a presidential election on the island…

U.S., U.K. strike Houthi targets in Yemen in response to Red Sea attacks

The United States and the United Kingdom have “successfully conducted strikes” against Houthi targets in Yemen, President Joe Biden said…

U.S. deficit tops half a trillion dollars in the first quarter of fiscal year

The U.S. government ran up another half a trillion dollars in red ink in the first quarter of its fiscal…

Coinbase, Robinhood shares are lower despite bitcoin ETF approval

Shares of Coinbase and Robinhood were lower Thursday as traders weigh how the approval of bitcoin exchange-traded funds in the…

Turkish lira hits fresh record low against the U.S. dollar

The Turkish lira hit a fresh record low against the U.S. dollar on Thursday, trading at 30.005 to the greenback…

Trump hearing: Judges skeptical of ex-president’s absolute immunity claim

Attorneys for Donald Trump and the Justice Department special counsel argued Tuesday over whether the former president is immune from…