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How Trump is redefining U.S.-South Korea ties

U.S. President Donald Trump speaks to journalists aboard Air Force One en route to South Korea on October 29, 2025 in Japan. Andrew Harnik | Getty Images News | Getty Images President Donald Trump‘s move last week to scale back annual military drills with South Korea came as Seoul finalizes hundreds of billions of dollars…

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Is the economy K-shaped or C-shaped? Finance pros weigh in

The K-shaped economy has become shorthand for a widening, persistent economic divide: higher-income Americans pulling further ahead — in wealth, spending and financial security — while many lower-income households struggle to keep up. Now, that shape may be shifting. “I got sick of hearing about this K-shaped economy,” Treasury Secretary Scott Bessent told CNBC’s “Squawk…

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Why markets care about the election

“Vote Here” signage outside a polling location at Westchester Regional Library during a primary election in Miami, Florida, US, on Tuesday, Aug. 18, 2026. Eva Marie Uzcategui | Bloomberg | Getty Images Markets are starting to care about the 2026 midterm elections, which loom 10 weeks away and could rip full control of Congress from…

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Waymo to launch robotaxi in Germany in 2027

Waymo robotaxi driven by a safety specialist is seen on Centre Street on April 9, 2026 in New York City. Michael M. Santiago | Getty Images Alphabet‘s Waymo on Tuesday said it plans to roll out robotaxi rides in Germany in 2027, marking its third international market and first in the EU. Waymo will start…

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World Liberty Financial says stablecoin success refutes Trump cronyism charge

The CEO of Trump-linked World Liberty Financial said the company offers real utility and operates independently of political influence, refuting allegations of potential conflicts of interest. The crypto venture, launched in 2024 by President Donald Trump, his sons and associates, operates the USD1 stablecoin and recently received conditional approval for a national trust bank charter,…

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