Top US diplomat decries rewards as attempt to ‘threaten and harass those advocating for freedom and democracy.’ United States Secretary of State Antony Blinken has condemned Hong Kong authorities for placing bounties on five pro-democracy activists based overseas, including a US citizen, calling on the international community to oppose “transnational repression.” Blinked said on Friday … Read more
Las Vegas Review-journal | Tribune News Service | Getty Images Federal prosecutors have disrupted a so-called pig-butchering scheme that cost victims more than $80 million, the U.S. Department of Justice announced Thursday. Four men have been indicted and two arrests have been made in one of the most sweeping enforcement actions yet on a type … Read more
A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international … Read more
Traders react after the closing bell on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. Brendan Mcdermid | Reuters The Dow Jones Industrial Average kept its rally going Thursday a day after closing above 37,000 for the first time ever as the 10-year Treasury tumbled below … Read more
President Joe Biden delivers remarks on Social Security and Medicare at the University of Tampa in Florida on Feb. 9, 2023. Jonathan Ernst | Reuters The Biden administration will subject dozens of drugmakers to inflation penalties, the White House said on Thursday, in a move that would reduce out-of-pocket costs for Medicare recipients. President Joe … Read more
Products are seen on a conveyor belt at an Amazon fulfillment center where they are being sorted and shipped out as same day orders during Cyber Monday at the Same-Day Delivery Facility Fulfillment Center on November 27, 2023 in Tampa, Florida. Octavio Jones | Getty Images News | Getty Images Europe’s top court on Thursday … Read more
European equities are set to outperform the U.S. in the first half of 2024 — but they need to get through some near-term headwinds first, strategists told CNBC. “We are generally quite positive on next year,” Maximilian Uleer, head of European equity and cross-asset strategy at Deutsche Bank, told “Squawk Box Europe” on Wednesday. “Three … Read more
The United States kept up pressure on Israel to do more to protect Palestinian civilians during a fierce offensive against Hamas militants across Gaza, even as Washington vetoed a UN Security Council demand for an immediate ceasefire. Fighting escalated and the Palestinian death toll rose on Friday, with Israel pounding the enclave from north to … Read more
Thomas Barwick | Stone | Getty Images Inflation has been falling gradually across the U.S. economy. This process, known as disinflation, means prices for consumer goods and services are rising but at a slower pace than they had been. However, inflation has actually turned negative in some sectors, like energy. Deflation, as this dynamic is … Read more
President of Ukraine Volodymyr Zelenskyy Viktor Kovalchuk | Getty Images BRUSSELS — European heads of state are gearing up for a difficult two-day gathering where support for Ukraine is at the top of the agenda, but internal divisions threaten any significant action toward Kyiv. The meeting comes at a crunch time for Ukraine, as President … Read more
