Even with turmoil in the banking industry and uncertainty ahead, the Federal Reserve likely will approve a quarter-percentage-point interest rate increase next week, according to market pricing and many Wall Street experts. Rate expectations have been on a rapidly swinging pendulum over the past two weeks, varying from a half-pointContinue Reading

Auto executive turned international fugitive Carlos Ghosn said he believes German automakers are best positioned to challenge electric vehicle leader Tesla. Ghosn, speaking from Lebanon where the former Nissan chairman fled to elude Japanese authorities, mentioned Mercedes-Benz and Volkswagen specifically during an interview Friday with CNBC’s Phil LeBeau during “TheContinue Reading

Florida Gov. Ron DeSantis (R) at a news conference at the University of South Florida on March 2 in Tampa. (Chris O’Meara/AP) The Florida state Senate is poised to vote late Thursday on a Republican bill that would ban abortion after 15 weeks of pregnancy, signaling the start of whatContinue Reading

Queen Elizabeth II has been infected with the coronavirus, Buckingham Palace said on Sunday, becoming one of the world’s most prominent figures to battle the virus and deeply rattling the country she has led for seven decades. The palace issued few details about the condition of the queen, who turnsContinue Reading