United States

Achieving the ‘American dream?’ A lot of it depends on where you grow up

Where a child grows up in the U.S. is becoming an increasingly critical component toward determining their future economic status.…

Rep. George Santos pleads not guilty to new fraud, identity theft charges

Republican Rep. George Santos of New York on Friday pleaded not guilty to new criminal wire fraud and identity theft…

Huawei’s revenue barely rose in the third quarter, despite phone and car sales growth

BEIJING — Chinese tech giant Huawei reported revenue figures Friday that showed only a 1% increase in the third quarter…

Israel-Hamas war live updates: UN adopts resolution calling for an immediate humanitarian truce; IDF ‘expanding their activity’ in Gaza

This was CNBC’s live blog tracking developments in the Israel-Hamas war. Click here for the latest Israel news and updates…

Biden hails hot GDP report, but voters don’t see the rosy picture Wall Street does

WASHINGTON —  The U.S. GDP grew at 5% last quarter, better than expected, and President Joe Biden said it was evidence…

U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia

Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment,…

Israel-Hamas war updates: U.S. calls for ‘humanitarian pause’ in Israel’s military campaign in Gaza as fuel and other supplies run dangerously low

This was CNBC’s live blog tracking developments in the Israel-Hamas war. Click here for the latest Israel news and updates…

Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts

JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the dangers of locking in an outlook about the economy, particularly…

White House calls Iran complicit in conflict; Biden says aid isn’t getting to Gaza fast enough

This was CNBC’s live blog tracking developments in the Israel-Hamas war. Click here for the latest Israel news and updates…

A price cap on Russian oil aims to starve Putin of cash. But it’s largely been untested. Until now

For months after Ukraine’s Western allies limited sales of Russian oil to $60 per barrel, the price cap was still largely symbolic.…