Politics
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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Economist Nouriel Roubini: Trump is likely to escalate the Iran war — risking ‘1970s stagflation’
U.S. President Donald Trump is likely to escalate the war with Iran, risking “1970s stagflation” if it does not go as planned, renowned economist and investor Nouriel Roubini told CNBC. Speaking to CNBC’s Carolin Roth at the Ambrosetti Forum in Cernobbio, Italy on Friday, Roubini — best known for predicting the 2008 Global Financial Crisis […]
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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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Senate advances DHS funding bill, tees up House vote to end shutdown as TSA lines stretch
Senate Minority Leader Chuck Schumer (D-NY) speaks during a rally against the SAVE America Act outside the U.S. Capitol in Washington, DC, United States, on March 18, 2026. Nathan Posner | Anadolu | Getty Images The Senate early Friday morning advanced a bill to fund most of the Department of Homeland Security, in a move […]
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U.S. ambassador to EU: Stop fining Big Tech
The European Union needs to dial back regulation of U.S. big tech companies if it wants to be part of the AI economy, the U.S. ambassador to the EU Andrew Puzder told CNBC on Friday. “If the European Union is going to participate in the AI economy…They’re going to need data centers, data and access […]
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‘Not unlike tariffs’: Iran war threatens to deepen Asia private equity’s worst fundraising slump in a decade
Blackstone Group’s logo on display during the opening of the company’s new office in Singapore. Munshi Ahmed | Bloomberg | Getty Images Since the pandemic, private equity funds focused on Asia have struggled to raise money, as the industry sat on massive unsold assets and idle dry powder. Signs of growing confidence began to emerge […]
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Zelenskyy courts Saudi support as U.S. reportedly weighs redirecting Ukraine aid to Middle East
Ukrainian President Volodymyr Zelensky in Munich, Germany on Feb. 15, 2025. Sean Gallup | Getty Images Ukrainian President Volodymyr Zelenskyy on Thursday kicked off a surprise visit to Saudi Arabia, seeking support for Kyiv as the U.S. reportedly weighs shifting military resources to the Middle East amid escalating tensions with Iran. Zelenskyy met with Saudi […]
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