Three charged with sending Russia over $7 million in electronics to aid war on Ukraine
Nikolay Goltsev, Salimdzhon Nasriddinov and Kristina Puzyreva are accused of evading sanctions in order to send Russia equipment used in their missile systems.
CNBC US News
Private sector payrolls rose 113,000 in October, less than expected, ADP says
ADP reported that companies added 113,000 workers for the month, higher than the 89,000 in September but below the estimate of 130,000.
Adjustable-rate mortgage demand jumps nearly 10% as buyers struggle to afford housing market
Last week, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.86% from 7.90%.
Here's everything to expect from the Fed's policy announcement Wednesday
The Fed meeting will conclude with the central bank not doing a whole lot of anything — just the way the market wants things for now.
Before the Fed decision, all eyes will be on this big Treasury debt announcement Wednesday
With debt, deficits and bond yields all surging, investors are watching closely how the government will go to market with its borrowing needs.
Microsoft releases big Windows 11 update with Copilot AI assistant included
Microsoft is bringing an artificial intelligence assistant to its next-generation PC operating system. It might prove more informative than Siri on the Mac.
AMD gives soft fourth-quarter guidance, but expects to sell $2 billion of AI chips next year
AMD is one of the few chipmakers capable of making the kind of high-end graphics processing units (GPUs) needed to train and deploy generative AI models
Trump sues Michigan official in a bid to keep his name on state's ballots in 2024
Lawsuits in multiple states argue that Trump should be disqualified in 2024 due to his role in fomenting the Jan. 6, 2021, insurrection at the U.S. Capitol.
Pfizer swings to quarterly loss due to Paxlovid, Covid vaccine write-offs
The results come two weeks after Pfizer slashed its full-year adjusted earnings and revenue guidance and launched a sweeping $3.5 billion cost-cutting plan.
JetBlue sinks to 12-year low as airline forecasts more losses, Spirit antitrust trial begins
JetBlue faces the Justice Department in an antitrust trial over the carrier's proposed acquisition of budget carrier Spirit Airlines.
Biden will meet with China's Xi Jinping next month, White House says
President Joe Biden will meet with Chinese President Xi Jinping next month, the White House says.
Sam Bankman-Fried defense rests in criminal trial, closing arguments kick off Wednesday
Sam Bankman-Fried's criminal trial is about to wrap up after the defendant's testimony concluded on Tuesday and the jury was sent home
Washington judge, Georgia DA both got violent threats on heels of Trump vow to come after foes, court documents allege
Trump's prosecutors and judges have warned that Trump's frequent public attacks against his perceived enemies have led to threats and harassment.
SEC sues SolarWinds over massive cyberattack, alleging fraud and weak controls
Information technology firm SolarWinds committed fraud and failed to maintain adequate internal controls for years, the SEC alleged in a lawsuit.
NBA and NHL broadcasts are coming soon to immersive ‘shared reality’ domes
An immersive tech company called Cosm is launching "shared reality" venues in Dallas and Los Angeles that will broadcast select live sports in a deal with TNT.
Markets are on board with the Fed's ‘higher for longer’ policy, CNBC survey shows
Respondents, including economists, strategists and analysts, believe the Fed is now on hold into September of next year.
UAW strikes cost Stellantis about $3.2 billion in revenue
Stellantis has announced tentative agreements with both the UAW and Unifor unions since Saturday. However, members must still ratify the deals.
Winners and losers of the UAW talks with GM, Ford and Stellantis
Fain and the union are clear winners at the end of bargaining, but others like Tesla and President Joe Biden may also come out ahead.
Sam Bankman-Fried has one more shot at avoiding prison as criminal trial set to wrap up
FTX founder Sam Bankman-Fried will finish his testimony on Tuesday, leaving his fate in the hands of a Manhattan jury
62% of Americans are still living paycheck to paycheck, making it ‘the main financial lifestyle,’ report finds
The number of workers who say they are stretched thin has remained stubbornly high as inflation weighs on American households.
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