Politics
Trump announces peace deal between Azerbaijan and Armenia at White House
U.S. President Donald Trump (C), Azerbaijani President Ilham Aliyev (L), and Armenian Prime Minister Nikol Pashinyan (R) hold up an agreement signed during a ceremony in the East Room of the White House on August 8, 2025 in Washington, DC. Andrew Harnik | Getty Images Azerbaijan and Armenia signed a U.S.-brokered peace agreement on Friday during a meeting […]
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Trump’s team expands search for Fed chair to about 10 names, WSJ reports
Federal Reserve Chairman Jerome Powell conducts a news conference after a meeting of the Federal Open Market Committee on Wednesday, July 30, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images U.S. President Donald Trump’s team is reviewing new contenders to lead the Federal Reserve once Chair Jerome Powell’s term ends in May, including a longtime economic consultant and a past regional […]
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Trump fires IRS commissioner, Bessent named acting head
Former Rep. Billy Long, R-Mo., nominee to be commissioner of the Internal Revenue Service, testifies during his Senate Finance Committee confirmation hearing in Dirksen building on Tuesday, May 20, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images U.S. President Donald Trump is removing Billy Long as the commissioner of the Internal Revenue Service and Treasury Secretary Scott Bessent will temporarily serve as […]
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EV sales soar as Trump axes $7,500 tax credit: ‘People are rushing out’ to buy, analyst says
Key Points President Donald Trump’s so-called “big beautiful bill” ends a $7,500 EV tax credit after Sept. 30. Consumers are acting quickly to claim the tax credit before it disappears, according to analysts and sales data. Source
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Trade Desk tanks almost 40% on CFO departure, tariff concerns and competition from Amazon
Jeff Green, CEO of The Trade Desk. Scott Mlyn | CNBC Shares of The Trade Desk plummeted almost 40% on Friday and headed for their worst day on record after the ad-tech company announced the departure of its CFO and analysts expressed concerns about rising competition from Amazon. The Trade Desk, which went public in […]
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Trump warns courts against knocking down tariffs, says duties are ‘huge positive’ for stock market
U.S. President Donald Trump speaks during an event to honor recipients of the Purple Heart in the East Room of the White House on August 07, 2025 in Washington, DC. Anna Moneymaker | Getty Images President Donald Trump on Friday warned U.S. courts against blocking his tariff policy, citing its “positive impact” on the stock […]
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Bank of England chief says no rift with UK government as Revolut licence delay draws scrutiny
Revolut cards is seen in this illustration photo taken in Krakow, Poland on March 29, 2024. Jakub Porzycki | Nurphoto | Getty Images LONDON — Bank of England Governor Andrew Bailey told CNBC there hasn’t been a “falling out” with the U.K. government over delays to fintech giant Revolut’s long-awaited bank license. Last week, the Financial […]
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Trump’s Russia deadline comes around with tariffs at stake
U.S. President Donald Trump speaks, as he makes an announcement on the economy, in the Oval Office at the White House in Washington, D.C., U.S., August 7, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump’s deadline for Russia to cease its war in Ukraine expires on Friday, as markets watch whether the White House […]
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Israel says it will retake Gaza City, escalating war with Hamas
Israel says it will take over Gaza City, escalating its war with Hamas even as it faces growing international calls to end the 22-month conflict. The plan, announced early Friday local time after a Cabinet meeting that ran late into the night, stops short of the full occupation of the Gaza Strip that Prime Minister Benjamin Netanyahu […]
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Trump signs memo requiring universities to disclose admissions data on race
U.S. President Donald Trump speaks, as he makes an announcement on the economy, in the Oval Office at the White House in Washington, D.C., U.S., August 7, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump on Thursday signed a memorandum that requires universities to collect admissions data to prove they are not engaged in […]
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