Month: January 2026
Trump instructs ‘representatives’ to buy $200 billion in mortgage bonds, aiming to lower rates
US President Donald Trump speaks during a bill signing ceremony in the Oval Office of the White House in Washington, DC, US, on Friday, Dec. 12, 2025. Francis Chung | Politico | Bloomberg | Getty Images President Donald Trump on Thursday said he is “instructing my Representatives” to buy $200 billion in mortgage bonds, claiming […]
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Houses passes ACA subsidies; fate of bill murky in Senate
The House on Thursday advanced a three-year extension of Obamacare subsidies, sending the bill to the Senate where it faces an uphill climb. Seventeen Republicans joined all Democrats voting in favor of the legislation, which passed 230-196. The enhanced Affordable Care Act tax credits were a key factor in the longest-ever government shutdown last fall. […]
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NASA to bring ISS Crew-11 astronauts back to Earth earlier than planned after medical situation
Crew-11 mission astronauts wave as they depart the Neil A. Armstrong Operations and Checkout Building en route to launch complex LC-39A at the Kennedy Space Center in Cape Canaveral, Florida on August 1, 2025. From L/R are Roscosmos cosmonaut Oleg Platonov, NASA astronaut Mike Fincke, NASA astronaut and mission commander Zena Cardman and JAXA astronaut […]
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Intel stock rises after Trump touts ‘very successful’ CEO, applauds government’s investment
Intel shares rose 2% in extended trading on Thursday after President Donald Trump posted a flattering message on social media about the chipmaker and its CEO, and championed the government’s investment in the company. “I just finished a great meeting with the very successful Intel CEO, Lip-Bu Tan,” Trump wrote on Truth Social. In August, […]
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Stocks making the biggest moves after hours: General Motors, Intel, Tilray Brands & more
Check out the companies making headlines in after-hours trading. General Motors — Shares of the Detroit automaker dropped 2% in extended trading after General Motors said in a regulatory filing that it will record $7.1 billion in special charges for the fourth quarter of 2025 tied to its pullback in electric vehicles and restructuring efforts […]
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Saks Global struggles to line up financing as potential bankruptcy filing looms
Pedestrians walk past a Saks Fifth Avenue store on Dec. 30, 2025 in Chicago, Illinois. Scott Olson | Getty Images Beleaguered retail chain Saks Global is struggling to line up as much as $1 billion in financing to keep its business afloat during a potential Chapter 11 bankruptcy filing, CNBC has learned. The luxury chain […]
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Patient advocacy groups urge U.S. court to halt overseas prescription drug operations
In a photo illustration, prescription drugs are seen next to a pill bottle on July 23, 2024 in New York. Spencer Platt | Getty Images News | Getty Images A coalition of patient advocacy groups is urging a federal court to halt the practices of third-party companies that buy drugs from countries outside the FDA-regulated […]
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GM to record $7.1 billion in fourth-quarter charges due to EV pullback, China restructuring
GM Hummer EV production in Detroit. Photo by Jeffrey Sauger for General Motors DETROIT – General Motors said Thursday it will record $7.1 billion in special charges for the fourth quarter of last year related to its pullback in electric vehicles and restructuring efforts in China. The Detroit automaker said in a public filing that […]
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The Supreme Court may rule Friday on Trump’s tariffs. Here’s what’s at stake for the economy
A cargo ship sits in New York Harbor on Nov. 19, 2025 in New York City. Spencer Plat | Getty Images The U.S. Supreme Court on Friday could rule on the legality of President Donald Trump’s tariffs, a decision poised to have far-reaching impacts on not only trade policy, but also the U.S. fiscal situation. […]
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Epstein files: Reps ask judge to appoint monitor to ensure all documents released
Representative Ro Khanna, a Democrat from California, during a news conference outside the US Capitol in Washington, DC, US, on Tuesday, Nov. 18, 2025. Graeme Sloan | Bloomberg | Getty Images Two members of the House of Representatives asked a federal judge in New York on Thursday to appoint a so-called special master to ensure […]
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