Trump says he has ‘no intention’ of firing Fed Chair Powell
President Donald Trump on Tuesday said he has “no intention” of firing Federal Reserve Chair Jerome Powell before his term leading the U.S. central bank ends next year. “None whatsoever,”…
Bessent says he expects ‘de-escalation’ in U.S.-China tariff fight in the ‘very near future’
Treasury Secretary Scott Bessent told investors in a closed-door meeting Tuesday he expects “there will be a de-escalation” in President Donald Trump‘s trade war with China in the “very near…
At least 20 feared killed in militant attack on tourists in Indian Kashmir, security sources say
At least 20 people were feared killed after suspected militants opened fire on tourists in India’s Jammu and Kashmir territory on Tuesday, three security sources said, the worst attack on…
Trump stands ‘strongly behind’ Hegseth, White House says
President Donald Trump stands “strongly behind” Secretary of Defense Pete Hegseth, White House press secretary Karoline Leavitt said Tuesday, despite new reports that he discussed highly sensitive military information on…
Trump administration proposes major shake-up of U.S. State Department
The Trump administration is proposing a major overhaul of the U.S. State Department that would eliminate more than 100 offices including some working on war crimes and rights advocacy to…
U.S. still Europe’s most trusted ally despite tariff threat, Polish finance minister says
The U.S. remains Europe’s most important ally, Poland’s finance minister told CNBC Tuesday, saying it was crucial for the bloc to find areas where it can increase trade and cooperation.…
The world is a lot poorer for the loss of wise Pope Francis
World poorer for loss of wise man The death of Pope Francis has seen an outpouring of grief across the world, from ordinary people to national leaders. But his death…
Trump to host Walmart CEO, Target and Home Depot execs for WH tariff meeting
President Donald Trump will meet Monday afternoon with Walmart CEO Doug McMillon, a White House official told CNBC, as his aggressive and unpredictable tariff agenda threatens to upend top retailers’…
DHS Secretary Kristi Noem robbed at D.C. restaurant
A thief stole Homeland Security Secretary Kristi Noem’s purse while she was dining at a restaurant in downtown Washington, D.C., on Sunday night, two law enforcement sources confirmed to CNBC.…
Trump ramps up attacks on Powell, demands ‘loser’ Fed chair lower rates ‘NOW’
President Donald Trump on Monday ratcheted up his pressure campaign on Federal Reserve Chairman Jerome Powell, calling him a “major loser” and warning that the U.S. economy could slow down…