2023 GDP revised lower amid manufacturing slowdown

2023 GDP revised lower amid manufacturing slowdown

A general view of the skyline of the Singapore Central Business District, the Marina Bay Sands, the ArtScience Museum and the seating platform at Marina Bay on August 1, 2015 in Singapore. Suhaimi Abdullah | Getty Images SINGAPORE — Singapore lowered its full-year growth for 2023, as official data on Thursday showed the economy grew … Read more

A bumpy ride to beating inflation

A bumpy ride to beating inflation

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., January 31, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

‘Youthful Naivety’: GOP Senators Spar Over Supporting Ukraine

‘Youthful Naivety’: GOP Senators Spar Over Supporting Ukraine

WASHINGTON ― Senate Republicans took their contentious intra-party debate over countering Russian aggression to the internet on Tuesday after the Senate passed a military and financial aid package that included $60 billion for Ukraine. Freshman Sen. Eric Schmitt (R-Mo.), a fierce opponent of the bill, noted the generational divide in the Republican conference on the … Read more

CNBC Daily Open: Lingering inflation problem

CNBC Daily Open: Lingering inflation problem

People shop in the produce section of a grocery store on September 12, 2023 in Los Angeles, California. Mario Tama | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more

The Challenge Of Getting The House To Vote On The Senate’s Ukraine Aid Bill

The Challenge Of Getting The House To Vote On The Senate’s Ukraine Aid Bill

With House Speaker Mike Johnson (R-La.) swearing he will not allow a House vote on a Senate-passed bill to provide Ukraine with tens of billions of dollars in weaponry to fight off a Russian invasion, supporters of aid to the nation ― who make up a clear majority of Congress ― are looking for alternatives. … Read more

CNBC Daily Open: Inflation’s stubborn staying power

CNBC Daily Open: Inflation’s stubborn staying power

Traders work the floor during morning trading at the New York Stock exchange (NYSE) ahead of the US Federal Reserve’s decision on lending rates, in New York on January 31, 2024. Angela Weiss | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors … Read more

House GOP’s ‘Three Mikes’ Face Test As Longtime Ukraine Allies

House GOP’s ‘Three Mikes’ Face Test As Longtime Ukraine Allies

On the first anniversary of the full-scale Russian invasion of Ukraine, Reps. Michael McCaul (R-Texas), Mike Turner (R-Ohio) and Mike Rogers (R-Ala.) issued a fiery joint statement supporting Ukraine. “The gruesome Russian war crimes and atrocities must end,” they wrote in February last year. “President Biden needs to stop dragging his feet on providing the … Read more

EU considering sanctions on Chinese firms supporting Russia’s war machine

EU considering sanctions on Chinese firms supporting Russia’s war machine

This pool photograph distributed by Russian state owned agency Sputnik shows Russia’s President Vladimir Putin (R) and China’s President Xi Jinping heading to a group photo session during the third Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on October 18, 2023. Grigory Sysoyev | AFP | … Read more

Canadian-Russian woman pleads guilty in U.S. to sending military components to Russia – National

Canadian-Russian woman pleads guilty in U.S. to sending military components to Russia – National

Descrease article font size Increase article font size A Canadian-Russian woman on Monday pleaded guilty in a U.S. court to money laundering conspiracy for her role in a multimillion-dollar scheme to send drone and missile components to Russia for military use against Ukraine, the U.S. Justice Department said. The case is one of many coordinated … Read more

Austin cancels trip for Ukraine, NATO meetings after hospitalization

Austin cancels trip for Ukraine, NATO meetings after hospitalization

U.S. Defense Secretary Lloyd Austin delivers remarks during a meeting with Kenyan Defense Minister Aden Duale at the Pentagon on February 07, 2024 in Arlington, Virginia. Kevin Dietsch | Getty Images Defense Secretary Lloyd Austin canceled a trip to Brussels this week where he was set to attend meetings related to Ukraine’s defense and NATO, … Read more