Washington

Morgan Stanley credits Bidenomics for ‘much stronger’ than expected GDP growth

WASHINGTON — Morgan Stanley is crediting President Joe Biden’s economic policies with driving an unexpected surge in the U.S. economy…

Trump Media merger partner DWAC settles with SEC over fraud charges

WASHINGTON — The Securities and Exchange Commission announced Thursday that it had settled fraud charges with Digital World Acquisition Corp.,…

The White House plan to sell Bidenomics: Hit the road, ignore the polls

President Joe Biden on Thursday toured a revitalized shipyard in Philadelphia, where he made the argument that is increasingly dominating…

Convicted Ponzi schemer granted clemency by Trump charged with new Ponzi scheme

WASHINGTON — A New Jersey man who had his prison sentence for running a massive Ponzi scheme commuted by Donald…

White House responds to ‘vile’ RFK Jr. comments on Covid and race

WASHINGTON — The White House on Monday condemned Democratic presidential candidate Robert F. Kennedy Jr. for making “vile” and “false” claims that…

Biden’s Federal Reserve Board nominees clear key Senate committee

WASHINGTON — The Senate Banking Committee approved President Joe Biden’s three nominees to the Federal Reserve Board of Governors on…

White House takes a victory lap after inflation report comes in cooler than expected

WASHINGTON — President Joe Biden on Wednesday celebrated new data that showed inflation cooling more quickly than expected. “Good jobs and…

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…

Sens. Warren, Booker grill failed retailer Bed Bath & Beyond over allegedly denying severance

WASHINGTON — Home goods retailer Bed Bath & Beyond is facing scrutiny from Democratic lawmakers for allegedly evading severance pay…

Biden says Supreme Court ‘misinterpreted the Constitution’ in rejecting student loan relief

WASHINGTON — President Joe Biden said Friday he’ll give a second go at his student debt relief plan, rooting it…