United States

Remittances to Mexico near a record but ‘super peso’ crimps spending power

People sending money back to Mexico this year have faced a new challenge: the “super peso.” The Mexican currency reached…

U.S. and Egypt reach agreement to allow aid into Gaza; UK’s Sunak to visit Israel

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

Biden calls off Jordan leg of Mideast trip after leader summit canceled

WASHINGTON — President Joe Biden will no longer visit Jordan as part of his Middle East trip this week, after…

Israel denies targeting Gaza hospital, Palestinian leader Abbas cancels meeting with Biden

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

Top economists unanimous on ‘higher for longer’ rates as inflation threats linger

Top economists and central bankers appear to be in agreement on one thing: interest rates will stay higher for longer,…

Biden will visit Israel on Wednesday; 2,000 U.S. troops prep for possible deployment to Middle East

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

The UK Labour Party has a Biden-esque economic plan — but it’s very different to Bidenomics

LONDON — The U.K.’s main opposition Labour Party last week set out the economic platform it hopes will propel it…

U.S. tackles loopholes in curbs on AI chip exports to China

The U.S. will take steps to prevent American chipmakers from selling products to China that circumvent government restrictions, a U.S. official said, as part of…

Iran warns war could expand; China says Gaza offensive is ‘beyond self-defense’

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

Microsoft’s $69 billion Activision Blizzard takeover approved by UK, clearing way for deal to close

Britain’s top competition watchdog on Friday gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision…