Social issues
Forget the China gloom — luxury bosses say shoppers are back
People walk past a Prada storefront located in a modern shopping complex on January 26, 2025, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images Chinese shoppers are returning to luxury. Top executives from Prada, Coach, EssilorLuxottica and Value Retail told CNBC they’re seeing demand in China stabilize after months of weakness, […]
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UK borrowing costs jump, stocks slide as speculation mounts over high-stakes budget
Rachel Reeves, U.K. chancellor of the exchequer, delivers a speech in London, UK, on Tuesday, Nov. 4, 2025. Bloomberg | Bloomberg | Getty Images British government bond yields rose sharply on Friday following reports Finance Minister Rachel Reeves is no longer planning to raise income tax rates in the Autumn Budget later this month. The yield […]
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Goldman Sachs stands by top lawyer Kathy Ruemmler after her emails with Jeffrey Epstein exposed
Kathy Ruemmler, former White House Counsel, appears on “Meet the Press” in Washington, D.C., Sunday, June 29, 2014. William B. Plowman | NBC Newswire | NBCUniversal | Getty Images Goldman Sachs on Thursday strongly backed its top lawyer, Kathy Ruemmler, a day after a congressional committee released her chummy emails with notorious sex offender Jeffrey […]
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Government shutdown: House clears procedural hurdle to vote on funding bill
U.S. Speaker of the House Mike Johnson (R-LA) walks surrounded by the media, as members of the U.S. House of Representatives returned to Washington after a 53-day break, for a vote that could bring the longest U.S. government shutdown in history to a close, on Capitol Hill in Washington, D.C., U.S., Nov. 12, 2025. Nathan […]
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Healthy Returns: Novo Nordisk boosts the case for its upcoming obesity pill with additional data
A view shows a Novo Nordisk sign outside its office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, on July 14, 2025. Tom Little | Reuters 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. All […]
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What Democrats are — and aren’t — getting in the deal that could end the government shutdown
Senator Tim Kaine (D-VA) speaks at a press conference with other Senate Democrats who voted to restore government funding, in Washington, DC on November 9, 2025. Nathan Posner | Anadolu | Getty Images Senate Democrats are poised to help Republicans pass a bill that could lead to the end of the government shutdown. But the […]
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SNAP benefits: Appeals court again rejects Trump admin bid to halt full payment order
U.S. Supreme Court Police stand behind security barriers in front of the Court building, which is obscured in construction scaffolding, on the first day of the Court’s new term on October 06, 2025 in Washington, DC. Chip Somodevilla | Getty Images A federal appeals court in Boston, for a second time, late Sunday flatly rejected […]
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Trump administration demands that states ‘undo’ full SNAP benefit payments
A volunteer displays information on the Supplemental Nutritional Assistance Program (SNAP) at a grocery store in Dorchester, Massachusetts, US, on Monday, Nov. 3, 2025. Mel Musto | Bloomberg | Getty Images The Department of Agriculture issued a memo to states late Saturday evening, threatening to enact financial penalties if states that issued full monthly SNAP […]
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Democratic leader offers deal to reopen government but Republicans sneer
Top Senate Democrat Chuck Schumer on Friday offered a new plan to Republican lawmakers that would allow the U.S. government to reopen from a shutdown that began Oct. 1. But Republicans quickly dismissed Schumer’s proposal, which hinges on protecting enhanced Affordable Care Act subsidies for at least one year. Schumer’s proposal calls for Democrats to […]
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Millions more Americans could access obesity drugs after Trump’s deals with Eli Lilly, Novo Nordisk
US President Donald Trump makes an announcement in the Oval Office of the White House in Washington, DC on Nov. 6, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump on Thursday struck landmark deals with Eli Lilly and Novo Nordisk that could mark a turning point in how many people can access […]
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