Month: March 2026
States led by New York sue to block Trump’s latest tariffs, calling them an illegal end-run around Supreme Court
Key Points New York AG Letitia James and other state prosecutors sued to block Trump’s new tariffs and demand refunds after the Supreme Court struck down his previous IEEPA tariffs. The lawsuit says Trump is misusing Section 122 of the Trade Act of 1974 and violating the Constitution and statutory rules requiring consistent tariff application. The […]
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Epstein files: DOJ plans to release new batch of documents ‘fairly soon,’ MS NOW reports
Jakub Porzycki | Nurphoto | Getty Images The Department of Justice, which has been criticized for withholding files about Jeffrey Epstein from the public, plans to release a new batch of documents related to the notorious sex offender “fairly soon,” MS Now reported Thursday, citing a person familiar with the matter. The development comes a […]
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Op-ed: What $5 billion humanoid robots taught me about risk, jobs and the future of the economy
An Apollo humanoid robot prototype, made by Apptronik Inc., demonstrates its dexterity during a media day at the Mercedes-Benz Digital Factory Campus in Berlin, Germany on Tuesday, March 18, 2025. Bloomberg | Bloomberg | Getty Images Recently, Apptronik announced a $520 million funding round at a valuation north of $5 billion, with Alphabet‘s Google DeepMind […]
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How the Iran conflict is spreading — in pictures
The conflict in the Middle East is rapidly expanding across the region as the U.S. and Israel-led war with Iran enters its sixth day. Images published Thursday showed destruction across Tehran after nearly a week of strikes on Iran’s capital. Iran has retaliated by launching a wave of missiles and drones at Israel, as well […]
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German defense firm Renk CEO says Iran war could drive ‘increasing demand’ in the Middle East
The RENK Group is one of the world’s leading suppliers of highly efficient drive and control technology. They develop systems for using high forces and torques to drive vehicles, ships and machines. Customers come from the defense, energy and industrial sectors. (Photo by CHRISTOF STACHE/AFP via Getty Images) Christof Stache | Afp | Getty Images […]
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Dubai scrambles to save its reputation as a haven for the rich amid U.S.-Iran war
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. The Iran war has shaken Dubai’s status as a global wealth hub, as legions of expatriates scramble to escape and family […]
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New Berkshire Hathaway CEO still talks with Warren Buffett nearly every day
watch now VIDEO6:2406:24 Berkshire CEO Greg Abel on succeeding Warren Buffett: I still check in with him nearly every day Squawk Box Berkshire Hathaway CEO Greg Abel said he still speaks with Warren Buffett nearly every day, underscoring the continued presence of the legendary investor at the sprawling conglomerate, even after handing over the top […]
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Merkley proposes prediction market ban for government officials after Maduro, Iran bets
U.S. Sen. Jeff Merkley (D-Ore,) speaks during a press conference addressing a new policy that demands recipients of foreign military aid to follow international humanitarian law at the U.S. Capitol in Washington, U.S., February 9, 2024. Nathan Howard | Reuters Payouts to unnamed bettors after the ouster of former Venezuelan President Nicolás Maduro and the […]
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Victoria’s Secret posts longest sales growth streak in four years as shoppers return to Pink brand
Victoria’s Secret store in New York. Scott Mlyn | CNBC Victoria’s Secret topped expectations during its holiday quarter and forecasted a better-than-expected year for sales growth on Thursday as CEO Hillary Super’s turnaround plan continues to resonate with shoppers. The legacy bra and underwear company beat Wall Street’s expectations on both the top and bottom […]
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Broadcom earnings, AI’s PR problem, Musk takes the stand and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. If you’re concerned about automation impacting your job, I’m sorry to say this story Xiaomi’s humanoid robot “interns” probably won’t ease those worries. Stock futures are lower this morning. The three major indexes are coming off a winning day. Here […]
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