Federal Chancellor Friedrich Merz (CDU) walks past Bundeswehr soldiers with military honors in front of the Federal Chancellery before welcoming the Prime Minister of Denmark. Bernd von Jutrczenka | Picture Alliance | Getty Images Tax hikes and soaring debt might be Germany’s new reality, as NATO allies are set to soon face a higher defense…
Jeff Bezos and Lauren Sanchez leave the Aman Hotel to go to dinner with guests ahead of their wedding, on June 26, 2025 in Venice, Italy. Stefano Mazzola | Gc Images | Getty Images The rich and famous have descended on Venice, Italy this weekend to celebrate the wedding of billionaire Amazon founder Jeff Bezos…
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Competition in…
The New York Stock Exchange in lower Manhattan on Nov. 24, 2020 in New York City. Spencer Platt | Getty Images News | Getty Images The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent from at least two officials who say the…
An inflated pig with the message “Medicaid Is Not A Piggy Bank For Billionaires” is stationed at a rally opposing House Republicans Tax Proposal prior to the final House Vote on Capitol Hill on May 21, 2025 in Washington, D.C. Jemal Countess | Getty Images Entertainment | Getty Images While some Medicaid cuts proposed in…
SPRINGFIELD, Ill. — A judge has denied singer R. Kelly ‘s request to be freed from prison, saying she lacks jurisdiction to consider the convicted sex offender’s allegations that federal prison officials plotted to murder him. U.S. District Judge Martha M. Pacold canceled Friday’s scheduled arguments in Chicago, and instead issued a five-page ruling denying…
Check out the companies making the biggest moves midday: Carnival — The cruise line jumped nearly 7% after beating second-quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of $6.21 billion,…
Gurmer Chopra, 32, is the co-founder of clothing brand YoungLA. Courtesy of Right after graduating from university in 2015, Gurmer Chopra, 32, landed his first corporate role at a “Big Four” accounting firm. But after less than a year on the job, he decided to quit. “Four months into it, I [was] like: ‘I freaking…
MILAN — Giorgio Armani’s menswear collection for the next warm weather season encoded the geography of summer in textures, geometrical designs and his signature relaxed silhouettes. The 90-year-old designer skipped the runway preview show closing Milan Fashion Week on Monday to recover from an undisclosed condition, but his fashion house said he kept a hand…
The S&P 500 ended Wednesday near the flatline, but the broad market index remains in striking distance of its record. Here’s what CNBC is watching Thursday. <
