Breaking News: Politics
Fed has not yet complied with subpoenas as Powell probe continues: Source
Jerome Powell, chairman of the US Federal Reserve, during the Hoover Institution’s George P. Shultz Memorial Lecture Series in Stanford, California, US, on Monday, Dec. 1, 2025. Jason Henry | Bloomberg | Getty Images The Federal Reserve has not yet complied with grand jury subpoenas issued as part of a criminal investigation of Fed Chair […]
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Apple’s Cook says he’s ‘heartbroken’ by Minneapolis events and has spoken with Trump
US businessman Tim Cook looks on during the World Economic Forum (WEF) annual meeting in Davos on Jan. 20, 2026. Ludovic Marin | AFP | Getty Images Apple CEO Tim Cook said he was “heartbroken” by the situation in Minneapolis and called for an easing of tensions in a note to employees this week, CNBC […]
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Trump lowered ‘temperature’ on Minnesota, wants to avoid shutdown: Bessent
Treasury Secretary Scott Bessent speaking to CNBC on Jan. 28th, 2026. CNBC President Donald Trump has “brought down the temperature” on civil unrest in Minnesota over aggressive federal immigration efforts there, Treasury Secretary Scott Bessent said Wednesday. Trump is now “urging” lawmakers to take action to avoid triggering a partial government shutdown amid disputes over […]
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New York Mayor Mamdani says city must hike taxes on rich to fill $12 billion deficit
New York Mayor Zohran Mamdani on Wednesday said the city’s wealthiest must pay more in taxes to help fill the staggering $12 billion budget deficit he was left by his predecessors. Mamdani, in an interview with CNBC’s Andrew Ross Sorkin at City Hall, said his administration will be up front with New Yorkers about budget […]
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Greenland will not give in, PM says, as Denmark warns world order as we know it is over
Danish Prime Minister Mette Frederiksen and Greenland’s Prime Minister Jens-Frederik Nielsen hold each other as they leave the venue after a meeting in Nuuk, Greenland, on January 23, 2026. Jonathan Nackstrand | Afp | Getty Images Greenland Prime Minister Jens-Frederik Nielsen on Wednesday issued a defiant message on the Arctic island’s future, while Denmark warned […]
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U.S.-India trade talks could get a boost as America sees life going on without it
FILE PHOTO: U.S. President Donald Trump meets with Indian Prime Minister Narendra Modi at the White House in Washington, D.C., U.S., February 13, 2025. Kevin Lamarque | Reuters A renewed push to conclude a U.S.-India trade deal may get underway, analysts say, as the White House sees other countries and power blocs working harder than […]
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South Korea’s SK Hynix to establish a special ‘AI Company’ in the U.S.
Illustration of the SK Hynix logo displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty Images South Korean memory giant SK Hynix announced Wednesday that it will set up a new U.S.-based company focused on artificial intelligence solutions, committing at least $10 billion as it seizes on new AI growth engines. The new […]
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Intel says it will match government’s ‘Trump Accounts’ contribution to kids of employees
The Intel logo is displayed on a sign in front of Intel headquarters on Jan. 22, 2026 in Santa Clara, California. Justin Sullivan | Getty Images Intel, which now counts the U.S. government as its largest shareholder, said on Tuesday that it will match the Trump administration’s $1,000 payout for children of eligible U.S. employees. […]
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Canada’s Carney to Trump: ‘I meant what I said in Davos’
Canada’s Prime Minister Mark Carney speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, Jan. 27, 2026. Patrick Doyle | Reuters Canadian Prime Minister Mark Carney on Tuesday denied Treasury Secretary Scott Bessent’s claim that, in a private call with President Donald Trump, he had backtracked on some […]
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AppLovin demands short-seller CapitalWatch retract ‘conspiratorial’ report
Jakub Porzycki | Nurphoto | Getty Images AppLovin sent a cease and desist letter to CaptialWatch Monday, claiming the short-seller’s report that the company “serves as a ‘digital laundromat’ for criminal syndicates” is defamatory and baseless. “Your respective ‘reports’ contain numerous absurd and demonstrably false statements of purported fact about AppLovin,” the letter states, calling […]
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