Month: January 2026
Trump administration freezes $10 billion in child, family aid to 5 states over fraud concerns
The move comes a day after Minnesota Gov. Tim Walz said he would not seek reelection amid political fallout over a massive fraud probe in his state. Source
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India’s state-owned refiners keep buying Russian oil even as New Delhi seeks U.S. tariff relief
An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images State-owned refiners in India are still buying Russian oil, even as New Delhi seeks relief from U.S. tariffs imposed for those purchases, according to energy analysts. The U.S. imposed a “secondary” 25% tariff on Indian goods in […]
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China reviews Meta’s purchase of AI startup Manus, FT reports
Chinese officials are reviewing Meta’s $2 billion acquisition of AI startup Manus for possible technology control violations, FT reported on Tuesday. Sopa Images | Lightrocket | Getty Images Chinese officials are reviewing Meta’s $2 billion acquisition of artificial intelligence startup Manus for possible technology control violations, the Financial Times reported Tuesday, citing two people familiar with the matter. Reuters could […]
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Asian defense stocks pull back amid mixed regional trading, geopolitical uncertainty
Sydney Opera House, designed by Danish architect Mr Jorn Oberg Utzon, at first light as the sun rises over Sydney harbor and city center skyscrapers. Ucg | Universal Images Group | Getty Images Asian defense stocks snapped a two-day winning streak amid mixed trading in the region, as investors continued to assess geopolitical risks after […]
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China bans dual-use goods exports for Japan military over Taiwan remarks
chinese and japan flags painted on cracked concrete wall, china and japan conflict or partnership concept Mastersergeant | Istock | Getty Images China has banned exports of dual-use items to Japan that can be used for military purposes, according to a commerce ministry statement on Tuesday, Beijing’s latest move in reaction to an early November […]
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CNBC Daily Open: After Venezuela, rumblings of Greenland takeover from the White House
Painted houses and residential apartment blocks overlooking the fjord in Nuuk, Greenland, on Monday, Nov. 3, 2025. Juliette Pavy | Bloomberg | Getty Images It’s not even been a week since the U.S. attack on Venezuela, and murmurs of another potential military operation are already coming out of the White House. On Tuesday stateside, Press […]
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Trump says Venezuela to give up to 50 million barrels of oil to U.S.
An oil tanker is docked at a pier at the El Palito refinery of the state oil company PDVSA. Jesus Vargas | Picture Alliance | Getty Images President Donald Trump said Tuesday evening that the interim authorities in Venezuela will be turning over between 30 million to 50 million barrels of oil to the United […]
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Stock futures are little changed after S&P 500, Dow rally to fresh highs: Live updates
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Jan. 6, 2026. Brendan McDermid | Reuters Stock futures traded near the flatline overnight after the S&P 500 and the Dow Jones Industrial Average notched fresh records. Futures tied to the 30-stock Dow added 24 points, or 0.07%. S&P […]
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Meta hires Microsoft exec, former Trump deputy as chief legal officer
Meta said Tuesday that it hired former Microsoft legal executive Curtis Joseph Mahoney to become its chief legal officer. Mahoney will replace Meta’s previous head lawyer Jennifer Newstead, who announced in December that she would be leaving Meta to become Apple’s general counsel in March. He joins Meta at a time when the company is […]
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Prediction markets show rising odds Trump seizes Panama Canal, moves on Greenland
Prediction market traders ramped up bets that more international shake-ups may lie ahead in the wake of President Donald Trump’s raid on Venezuela. Traders on the burgeoning platforms have recently committed money based on where the White House might turn its focus next. The amped-up bets come as Wall Street and Main Street note the […]
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