CNBC News Top Stories
Free America Network brings you the latest news from CNBC as it is published.
Biden signs legislation to declassify certain intelligence on Covid pandemic origins
U.S. President Joe Biden delivers remarks during a reception celebrating Nowruz in the East Room at the White House in Washington, ...
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Amazon job cuts rise to 27,000, but it’s still not enough to rightsize the company
Amazon 's (AMZN) announcement Monday to eliminate another 9,000 employees in the coming weeks is a step in the right direction ...
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Republicans request Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank
The Signature bank logo is seen in this photo illustration in Warsaw, Poland on 13 March, 2023.Jaap Arriens | Nurphoto | ...
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Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years
Global warming has already caused irreversible damage to the earth's ecosystems and communities, according to a critical report just issued from ...
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French government narrowly survives no-confidence vote amid backlash over pension changes
French President Emmanuel Macron arrives to attend the National Roundtable on Diplomacy at the Foreign Ministry in Paris on March 16, ...
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FDA staff says Biogen’s ALS drug may have a ‘clinical benefit’ on a rare form of the disease
U.S. Food and Drug Administration staff on Monday said Biogen's investigational ALS drug may have a "clinical benefit" on a rare ...
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Key banking crisis lesson: ‘The first line of defense should always be cash,’ advisor says
People wait outside the Silicon Valley Bank headquarters in Santa Clara, California, to withdraw funds after the federal government intervened upon ...
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JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say
JPMorgan Chase is advising embattled First Republic Bank on strategic alternatives, sources told CNBC's David Faber.The alternatives may include a capital ...
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Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more
A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, ...
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Virgin Orbit scrambles to avoid bankruptcy as deal talks continue
Virgin Orbit's LauncherOne rocket on display in Times Square, New York.CNBC | Michael SheetzVirgin Orbit is scrambling to secure a funding ...
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Trump seeks to block Georgia election interference criminal charges
Former President Donald Trump in new court filings Monday sought to block him and various allies from potential prosecution for crimes ...
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Amazon to lay off 9,000 more workers in addition to earlier cuts
Amazon will lay off 9,000 more employees in the coming weeks, CEO Andy Jassy said in a memo to staff on ...
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The Federal Reserve is still expected to go through with a rate hike. What that means for you
Rate hikes, one year laterFor its part, the Fed has already hiked its benchmark fund rate eight times over the last ...
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First Republic continues tanking, but other regional banks are rallying on Monday
A trader works at the post where First Republic Bank stock is traded on the floor of the New York Stock ...
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World’s top climate scientists issue ‘survival guide for humanity,’ call for major course correction
A local reacts to watching a wildfire advancing in Orjais, Covilha council in central Portugal, on August 16, 2022.Patricia De Melo ...
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The $17 billion wipeout of Credit Suisse bondholders has not gone down well in Europe
Credit Suisse's additional tier one bonds are set to be wiped out following the struggling bank's takeover by UBS.Photographer: Pascal Mora/Bloomberg ...
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New Starbucks CEO Laxman Narasimhan takes over nearly two weeks earlier than expected
Starbucks CEO Howard Schultz, left, with incoming CEO Laxman Narasimhan, Sept. 7, 2022.Source: CNBCStarbucks on Monday said that Laxman Narasimhan has ...
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First Republic shares slide 18% Monday after a credit rating downgrade
A trader works at the post where First Republic Bank stock is traded on the floor of the New York Stock ...
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‘Shotgun wedding’: What the UBS rescue of Credit Suisse means for global markets
Axel Lehmann, chairman of Credit Suisse Group AG, left, and Colm Kelleher, chairman of UBS Group AG, during a news conference ...
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UBS shares slide 7%, Credit Suisse craters 61% after takeover deal
The logos of Swiss banks Credit Suisse and UBS on March 16, 2023 in Zurich, Switzerland.Arnd Wiegmann | Getty Images News ...
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Saudi National Bank loses over $1 billion on Credit Suisse investment
Signage for Credit Suisse Group AG outside a building, which houses the company's branch, in Tokyo, Japan, on Monday, March 20, ...
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Fed poised to approve quarter-point rate hike this week, despite market turmoil
Even with turmoil in the banking industry and uncertainty ahead, the Federal Reserve likely will approve a quarter-percentage-point interest rate increase ...
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