Breaking News: Politics
Epstein victims to get $72.5M from Bank of America settlement
A Bank of America branch in New York, US, on Saturday, Oct. 11, 2025. Michael Nagle | Bloomberg | Getty Images Bank of America has agreed to pay victims of notorious sex offender Jeffrey Epstein $72.5 million to settle a class action lawsuit alleging that the bank facilitated his sex trafficking operation, a New York […]
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Trump calls Strait of Hormuz the ‘Strait of Trump’
President Donald Trump speaks during the Future Investment Initiative Summit in Miami, March 27, 2026. Mandel Ngan | AFP | Getty Images President Donald Trump on Friday winkingly referred to the Strait of Hormuz, the vital oil-shipping route and a key choke point in the Iran war, as the “Strait of Trump.” Iran has to […]
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Tech stocks suffer worst week in nearly a year, driven down by war worries, Meta legal woes
Meta Platforms Chief Executive Mark Zuckerberg (C) arrives for a meeting U.S. Sen. Majority Leader John Thune (R-SD) on Capitol Hill on March 26, 2026 in Washington, DC. Andrew Harnik | Getty Images A bad week for stocks was particularly rough for tech investors, as the Nasdaq suffered its worst weekly drop since April 2025. […]
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TSA officers will start getting paychecks as early as Monday, DHS says
Staff work at Ronald Reagan Washington National Airport in Arlington, Virginia, on March 13, 2025. Annabelle Gordon | AFP | Getty Images Read more CNBC government shutdown coverage “Today, at the direction of President Trump and @SecMullinDHS, TSA has immediately begun the process of paying its workforce,” DHS said in the post on X on […]
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White House launches app touting Trump’s record, with some key omissions
The White House in Washington, DC, US, on Saturday, Jan. 3, 2026. Aaron Schwartz | Bloomberg | Getty Images The White House on Friday launched a smartphone app that touts a selection of President Donald Trump’s second-term accomplishments and curates favorable news articles. It also invites users to report to U.S. Immigration and Customs Enforcement. […]
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Analysis: What might trip up Kevin Warsh and his agenda as Fed chair
Oil prices are surging. Inflation forecasts are rising. Futures markets increasingly raise the chances of a rate hike from the Federal Reserve. And then there’s Kevin Warsh and his stated desire — and edict from President Donald Trump — to cut interest rates. Even before a hearing is scheduled on his nomination as the next Fed chair, Warsh’s ambitious agenda for “regime change” at the Fed […]
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1.4 million filers face tax refund delays amid IRS paper check phaseout
Tunyada Kongkapan | E+ | Getty Images A growing number of filers are facing tax refund delays amid a government-wide phaseout of paper checks. House Ways and Means Committee Democrats this week sent another letter to Treasury Secretary Scott Bessent, with “additional concerns” about roughly 1.4 million IRS notices sent to filers about refund delays […]
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Beijing’s surprise intervention on Meta’s Manus rattles tech founders, VCs eyeing ‘China shedding’
CHONGQING, CHINA – JANUARY 07: In this photo illustration, the Manus logo is displayed on a smartphone screen, with the Chinese national flag visible in the background, on January 7, 2026 in Chongqing, China. Cheng Xin | Getty Images News | Getty Images Tech circles from Silicon Valley to Shenzhen buzzed when Meta acquired Manus, […]
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Iran-linked hackers claim breach of FBI director’s personal email; DOJ official confirms break-in
FBI Director Kash Patel testifies before a Senate Intelligence Committee hearing on Capitol Hill in Washington, D.C., U.S., March 18, 2026. Kevin Lamarque | Reuters Iran-linked hackers have publicly claimed the breach of FBI Director Kash Patel’s personal inbox, publishing photographs of the director and his purported resume to the internet. On their website, the hacker group […]
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Iran war wipes out $100 billion from luxury stocks
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. Major luxury stocks have fallen 15% or more since the Iran war started, and sales in the increasingly important Middle East market could […]
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