Politics
Airline CEOs urged by lawmaker to lower fares if fuel prices come down
A JetBlue aircraft lands under the DC skyline featuring the U.S. Capitol building, near United Airlines, American Airlines and Delta Airlines aircraft on the tarmac at Ronald Reagan Washington National Airport in Arlington, Virginia, U.S. January 25, 2025. Jim Urquhart | Reuters A U.S. lawmaker is urging the CEOs of the country’s largest airlines to […]
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Sens. Warren and Blumenthal investigate NLRB decision to drop charges against SpaceX for retaliatory firings
US Senators Richard Blumenthal (L) and Elizabeth Warren. Nurphoto | Getty Images Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., initiated an investigation into the National Labor Relations Board on Wednesday concerning the agency’s decision to drop charges against Elon Musk’s SpaceX over retaliatory firings, according to correspondence first obtained by CNBC. SpaceX is reportedly […]
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‘Guns vs. butter’: IMF flags tough trade-offs as governments ramp up defense spending
Members of Houthi security forces stand guard as supporters of Yemen’s Houthis movement participate in a rally held to mark the 11th anniversary of the military campaign launched by the Saudi-led coalition on March 26, 2026 in Sana’a, Yemen. Mohammed Hamoud | Getty Images News | Getty Images A new era of higher defense spending […]
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UK finance minister Rachel Reeves blasts Trump administration over economic impact of Iran war
U.K. Finance Minister Rachel Reeves on Wednesday called for an immediate de-escalation of the war in the Middle East, and sharply criticized the U.S. administration’s handling of it. Speaking to CNBC’s Sara Eisen at the Invest In America Forum in Washington, D.C., Reeves warned of mounting risks to global economic stability caused by the closure of […]
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The public sours on AI and data centers as Anthropic, OpenAI look to IPO and tech keeps spending
Artificial intelligence is losing the popularity contest in the United States, and that’s bad news for some of Big Tech’s power players. The trend has implications for richly valued companies like OpenAI and Anthropic, which are both on the path to go public. It also threatens Amazon, Google, Microsoft and Meta, the so-called hyperscalers planning […]
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Epstein accusations fly in Senate after César Chávez Monument row
U.S. Sen. Mike Lee, R-Utah (left) and U.S. Sen. Martin Heinrich (D-N.M.) Chip Somodevilla | Kayla Bartkowski | Getty Images Jeffrey Epstein allegations flew during a spat between Sens. Mike Lee, R-Utah, and Martin Heinrich, D-N.M., over the fate of the César Chávez National Monument. Heinrich, the ranking member of the Senate Energy and Natural […]
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Treasury Secretary Scott Bessent is preparing banks to collect citizenship data
Banks in the U.S. may not like the idea of being forced to collect citizenship data on customers, but Treasury Secretary Scott Bessent says they better be prepared for the task. “If Treasury and the banking regulators say it’s their job, it’s their job,” Bessent told CNBC’s Sara Eisen at the Invest in America Forum […]
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U.S. and Iran could meet in Pakistan for peace talks next week: MS NOW
US Vice President JD Vance (R) speaks during a news conference after meeting with representatives from Pakistan and Iran, as US President Donald Trump’s son-in-law Jared Kushner (L) and US Special Envoy to the Middle East Steve Witkoff (C) watch, in Islamabad on April 12, 2026. Jacquelyn Martin | AFP | Getty Images The U.S. […]
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White House budget chief Russell Vought won’t estimate Iran war cost in testimony
White House Office of Management and Budget Director Russell Vought testifies before the House Budget Committee at the U.S. Capitol on April 15, 2026. Andrew Harnik | Getty Images White House Office of Management and Budget Director Russell Vought told lawmakers he could not estimate the total cost of the Iran war and that the […]
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World Bank president: Prepare for months of disruption, even after Hormuz Strait reopens
Countries affected by the Iran war should prepare for conflict-related disruptions to last for months, even if the current shaky ceasefire lasts and the Strait of Hormuz is reopened, World Bank President Ajay Banga said Wednesday. “It’ll still take a few months for things to come back to where they were” once the key oil-shipping […]
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