United States

DOJ won’t defend Trump in Carroll rape defamation case anymore

The Department of Justice on Tuesday dropped its argument that Donald Trump was acting within the scope of his office…

Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees

Bank of America, the second-largest U.S. bank by assets, engaged in deceptive practices that hurt hundreds of thousands of its…

China has a new foreign relations law. Here’s what it means for business

BEIJING — For foreign businesses in China, geopolitics hold more sway than new Chinese laws, according to analysts. National security…

Biden advisor defends stimulus and inflation surge: ‘The real cause was the global pandemic’

The Covid-19 pandemic, rather than Joe Biden’s economic policies and stimulus packages, is the “real cause” of high inflation, according…

This is ‘the end of the beginning’ of the battle against inflation, economist says

Central banks are at “the end of the beginning” in their battle against inflation, as several factors keep core prices…

Allisen Corpuz wins the US Women’s Open and clinches her first LPGA title

CNN  —  American golfer Allisen Corpuz won the US Women’s Open on Sunday, securing her first LPGA title at Pebble…

Sweden set to join NATO with Turkey’s approval; Putin met with Prigozhin days after mutiny

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Over the weekend,…

Megan Rapinoe announces she will retire at the end of the season

CNN  —  US Women’s National Team star Megan Rapinoe, a two-time Women’s World Cup winner, has announced she will retire…

Ukraine reports advances near eastern city of Bakhmut; Germany opposes sending cluster bombs to Kyiv

This was CNBC’s live blog tracking developments on the war in Ukraine on July 7, 2023. See here for the…