Social issues
Trump signs order to speed review of psychedelics, including the controversial drug ibogaine
President Donald Trump on Saturday directed his administration to speed up reviews of certain psychedelic drugs, including ibogaine, which recently has been embraced by combat veterans and conservative lawmakers despite having serious safety risks. Ibogaine is banned under the federal government’s most restrictive category for illegal, high-risk drugs. But the administration is taking steps to […]
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Trump nominates Erica Schwartz as CDC director amid turmoil around leadership, vaccine policy
Rear Admiral Erica G. Schwartz. U.S. Department of Health and Human Services President Donald Trump on Thursday nominated Erica Schwartz to serve as director of the Centers for Disease Control and Prevention, concluding a monthslong effort to choose a permanent leader of the embattled health agency. Schwartz will have to be confirmed by the Senate, […]
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ICE agent charged with assault by Minnesota prosecutors, arrest warrant issued
Members of U.S. Immigration and Customs Enforcement (ICE) stand at the scene after a driver of a vehicle was shot in Minneapolis, Minnesota, U.S., Jan. 7, 2026. Tim Evans | Reuters An Immigration and Customs Enforcement agent has been charged with two counts of assault related to a road rage incident by state prosecutors in […]
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How the wealthy are planning to cut their 2026 tax bills
The U.S. Internal Revenue Service (IRS) building stands after it was reported the IRS will lay off about 6,700 employees, a restructuring that could strain the tax-collecting agency’s resources during the critical tax-filing season, in Washington, D.C., Feb. 20, 2025. Kent Nishimura | Reuters A version of this article first appeared in CNBC’s Inside Wealth […]
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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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Tax Day proposal to exempt Election Day poll worker pay floated by House Democrats
Election officials assist voters in casting their ballot in the primary vote at Bruns Avenue Elementary School, Mecklenburg County Precinct 12, on March 3, 2026 in Charlotte, North Carolina. Grant Baldwin | Getty Images House Democrats on Wednesday are introducing a proposal that would give tax relief to election poll workers. Under the legislation, led […]
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Earned Income Tax Credit would rise to $5,500 per child under new Democratic measure
State Sen. Kristen McDonald Rivet addresses supporters of her campaign for Congress during a primary election night watch party in Saginaw, Michigan, on Aug. 6, 2024. Andrew Roth | AP Rep. Kristen McDonald Rivet, D-Mich., will introduce a new bill to expand the Earned Income Tax Credit to provide up to a $5,500 credit to […]
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Investor survey shows most bearishness in 11 months. So the contrarian call is to buy
Investor pessimism has surged to the highest level in nearly a year, a development that could paradoxically signal further gains for risk assets, according to the latest Global Fund Manager Survey from Bank of America. Sentiment fell to its most bearish reading since June 2025, with the bank’s composite measure — based on cash levels, […]
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