With the Federal Reserve just hours away from its latest decision on interest rates, President Donald Trump on Wednesday lambasted Chair Jerome Powell, calling him “stupid” while doubting the central bank would cut. In his latest in a series of attacks on Powell that go back years, Trump said the Fed’s key borrowing rate should … Read more
WASHINGTON — Days after a Minnesota state lawmaker was killed and another injured in a “politically motivated assassination,” President Donald Trump said on Tuesday that he would not call the state’s governor, eschewing a traditional presidential response to tragedies. “Why would I call him? I could call and say, ‘Hi, how you doing?’ The guy … Read more
France’s President Emmanuel Macron gives the keynote address at the Shangri-La Dialogue Summit in Singapore on May 30, 2025. Ludovic Marin | Afp | Getty Images European leaders are looking to Southeast Asia with renewed interest amid Washington’s aggressive tariff agenda, but experts warn that the state of regional trade ties makes it challenging to … Read more
President Donald Trump failed to persuade a federal appeals court to reconsider the $5 million verdict won by E. Jean Carroll after a jury found that he sexually abused and defamed the former magazine columnist in the 1990s. In an 8-2 vote, the 2nd U.S. Circuit Court of Appeals in Manhattan on Friday left intact … Read more
Tankers depicted in the Strait of Hormuz — a strategically important waterway which separates Iran, Oman and the United Arab Emirates. ATTA KENARE | AFP | Getty Images As tensions surge following Israeli strikes on Iran, fears have resurfaced that the Tehran could retaliate by targeting one of the world’s most vital oil arteries — … Read more
If the U.S. continues to impose AI semiconductor restrictions on China, then chipmaker Huawei will take advantage of its position in the world’s second-largest economy, Nvidia CEO Jensen Huang told CNBC Thursday. “Our technology is a generation ahead of theirs,” Huang told CNBC at the sidelines of the Viva Technology conference in Paris. However, he … Read more
Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not change from their current levels, even as a trade deal between Washington and Beijing has yet to be finalized. Asked on CNBC’s “Money Movers” if the current U.S. tariffs on China are not going to change again, Lutnick replied, “You … Read more
When Tyrese Haliburton hit what would be the game-winning shot with 0.3 seconds left in Game 1 of the NBA Finals, the flashpoint moment obscured what was otherwise a relatively quiet performance for the Indiana Pacers star, as he finished the opener with 14 points and six assists. In Game 2, which the Pacers lost … Read more
Sen. Cory Booker on Sunday said he would not accept campaign donations from tech mogul Elon Musk but urged the former Trump adviser to “get involved right now in a more substantive way” in Democrats’ push against the sweeping GOP-backed spending bill. “This bill is disastrous for our long-term economy,” Booker told NBC News’ “Meet … Read more