Breaking News: Politics
NBA coach Chauncey Billups, player Terry Rozier arrested in gambling probes
Portland Trailblazers head coach Chauncey Billups and Miami Heat player Terry Rozier were separately arrested Thursday morning in connection with federal investigations into gambling, a law enforcement official told CNBC. Billups, a former star player for the Detroit Pistons who played 17 years in the NBA, was arrested in Portland. Rozier was arrested in Orlando, […]
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First rare earths and chips, now quantum computers: Trump reportedly eyes new U.S. stakes
Parts of the IBM Quantum System Two are displayed at IBM Thomas J. Watson Research Center in Yorktown Heights, New York on June 6, 2025. Angela Weiss | Afp | Getty Images The Trump administration is in talks with several quantum-computing firms about giving the Commerce Department equity stakes in exchange for federal funding, the […]
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Stony silence from Moscow after Trump turns on Russia, says talks with Putin ‘don’t go anywhere’
U.S. President Donald Trump speaks with Russian President Vladimir Putin, as they meet to negotiate for an end to the war in Ukraine, at Joint Base Elmendorf-Richardson in Anchorage, Alaska, U.S., August 15, 2025. Kevin Lamarque | Reuters There was a stony silence from Moscow a day after the U.S. President Donald Trump criticized Russian […]
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U.S. mulls software-linked export curbs on China: ‘Everything is on the table’
The U.S. weighed curbs on software-related exports to China, responding to Beijing’s rare earth export controls, ahead of a critical round of negotiations. Source
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China and India to face supply jolt as U.S. targets Russia’s oil giants
General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia Aug. 28, 2025. Stringer | Reuters U.S. decision to sanction Russia’s two largest oil companies threatens to disrupt the energy lifeline linking Moscow to its biggest customers in Asia, but without causing an immediate supply shock, industry experts told CNBC. The […]
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Trump administration sanctions big Russian oil companies, presses for Ukraine ceasefire
The Trump administration on Wednesday imposed further sanctions on Russia’s two largest oil companies, citing “Russia’s lack of serious commitment to a peace process to end the war in Ukraine.” “Now is the time to stop the killing and for an immediate ceasefire,” Treasury Secretary Scott Bessent said as he announced the sanctions on Rosneft […]
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Trump dined with Rupert Murdoch despite suing him for $10B over Epstein letter: Report
Rupert Murdoch looks on, at the White House, in Washington, U.S. Feb. 3, 2025. Elizabeth Frantz | Reuters Why let a $10 billion lawsuit get in the way of old friends having some chicken and gravy for dinner? President Donald Trump last week dined at the White House with Rupert Murdoch and that media baron’s […]
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Trump says U.S. cattle ranchers ‘don’t understand’ tariffs after some slam Argentine beef plan
Ranchers Duke Phillips III, prepares to rope a calf during the final branding at Chico Basin Ranch in Hanover, Colorado on June 29, 2024. Helen H. Richardson | MediaNews Group | The Denver Post | Getty Images President Donald Trump on Wednesday said U.S. cattle ranchers “don’t understand” how they have benefitted from his tariffs, […]
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Walmart pauses H-1B visas for job candidates as Trump hikes fees
A Walmart store is shown in Oceanside, California, on May 15, 2025. Mike Blake | Reuters Walmart is pausing the hiring of job candidates who need H-1B visas to work in the U.S., according to a person familiar with the decision, an example of the ways the Trump administration’s immigration policies are shaping corporate strategy. […]
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Government shutdown becomes 2nd longest in U.S. history
The U.S. government shutdown on Wednesday entered its 22nd day, becoming the second-longest federal funding lapse ever, with no end in sight. The milestone means that the two longest shutdowns have both occurred while President Donald Trump was in office. The longest shutdown began in December 2018, in Trump’s first term, and dragged on for […]
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