Breaking News: Economy
Republicans own U.S. government shutdown if it happens, top Democrat Jeffries warns
House Minority Leader Hakeem Jeffries (D-NY) speaks during a press conference as the U.S. House of Representatives considers U.S. President Donald Trump’s sweeping tax-cut bill, on Capitol Hill in Washington, D.C., U.S., May 19, 2025. Nathan Howard | Reuters House Minority Leader Hakeem Jeffries said Thursday that Democrats will not be “intimidated” by the Trump […]
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Health providers could lose $32 billion if ACA credits at center of shutdown fight expire
Senate Minority Leader Chuck Schumer (D-NY) speaks at a press conference with other Senate Democrats encouraging the passage of Affordable Care Act tax credits, in Washington, DC on September 16, 2025. Nathan Posner | Anadolu | Getty Images Health-care providers could lose more than $32 billion in revenue if the Affordable Care Act’s enhanced premium […]
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Ken Griffin knocks Trump’s corporate deals, says ‘all of us lose’ when government starts picking winners
CEO of Citadel Ken Griffin is interviewed Chairman of the Milken Institute Michael Milken (not pictured) during the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 7, 2025. Mike Blake | Reuters Citadel CEO Ken Griffin on Thursday knocked the Trump administration for making deals with large corporations to avoid the full […]
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Democrats double down on health care demands with government shutdown days away
House Minority Leader Hakeem Jeffries, D-N.Y., holds a news conference on the government funding deadline in the Will Rogers Corridor in the U.S. Capitol on Thursday, September 24, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Washington, D.C., is at an impasse with just days to go before the federal government shuts down, […]
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Former Fed, Treasury chiefs urge Supreme Court to block Trump firing Lisa Cook
Lisa Cook takes the oath of office to serve as a member of the Board of Governors at the Federal Reserve System during a ceremony at the William McChesney Martin Jr. Building of the Federal Reserve May 23, 2022 in Washington, DC. Drew Angerer | Getty Images Every living former chair of the Federal Reserve, […]
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Office investor demand was way up in the first half of 2025, according to exclusive JLL data
Working late, office buildings, Financial District, London. Travelpix Ltd | Stone | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and […]
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Trump OMB orders preparation for mass firings of federal workers if government shuts down
The U.S. Capitol in Washington, D.C., is seen on a cloudy and foggy morning, March 6, 2024. Kevin Dietsch | Getty Images The White House warned federal agencies to prepare for mass firings if Congress does not reach a deal to fund the government before next Wednesday. A memo released Wednesday by the Office of […]
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U.S. startup airline Breeze Airways plans first international flights
A Breeze Airways airplane on the tarmac at Tampa International Airport in Tampa, Florida, on May 27, 2021. Matt May | Bloomberg | Getty Images U.S. startup airline Breeze Airways is planning to fly internationally for the first time early next year, aiming to win over sun-seeking travelers as the carrier enters its fifth year […]
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Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness
Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere that the labor market is in danger. First-time filings for the week ending Sept. 20 totaled a seasonally adjusted 218,000, down 14,000 from the prior week’s upwardly revised figure and significantly less than the […]
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U.S. expands tariff dragnet to masks, syringes, pacemakers and robotics in sweeping import probe
A Fanuc robotic arm moves bins of products during a media tour of the Amazon.com Inc. DAB2 fulfillment center in Daytona Beach, Florida, US, on Tuesday, Sept. 23, 2025. The DAB2 fulfillment center is Amazon’s seventh robotics fulfillment center in Florida. Photographer: Miguel J. Rodriguez Carrillo/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images […]
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