U.S. President Donald Trump speaks during a lunch with the Trump Kennedy Center Board Members in the East Room of the White House on March 16, 2026 in Washington, DC. Alex Wong | Getty Images President Donald Trump said Monday that he is frustrated some countries will not join a coalition to escort oil tankers…
People wait in long TSA lines as the partial government shutdown continues for several weeks at airports like Chicago O’Hare in Illinois, March 9, 2026 Peter Zay/ | Anadolu | Getty Images The first three months of the year have brought significant disruptions for travelers. The ongoing war in Iran, cartel violence in Mexico, U.S….
Apollo Global Management signage in New York on Dec. 5, 2023. Jeenah Moon | Bloomberg | Getty Images Apollo’s John Zito had a blunt assessment of how private equity firms are valuing their software holdings as shares of comparable public tech companies have plunged: They’re not, he said. Zito, co-president of the firm’s giant asset…
Susie Wiles, White House chief of staff, in the Oval Office of the White House in Washington, June 27, 2025. Yuri Gripas | Bloomberg | Getty Images White House chief of staff Susie Wiles has been diagnosed with “early stage breast cancer” but remains committed to her job while undergoing treatment, President Donald Trump said…
DHS Secretary Kristi Noem testifies during the House Judiciary Committee hearing titled “Oversight of the Department of Homeland Security,” in Rayburn building on Wednesday, March 4, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images The top Democrats on the House and Senate Judiciary committees are calling on Attorney General Pam Bondi to investigate…
Treasury Secretary Scott Bessent said Monday that the administration has no plans to intervene in financial markets and may not have the authority to do so even if it wanted. In a CNBC interview, Bessent addressed rumors that the Treasury Department or some other arm of government might step in to try to lower oil…
Treasury Secretary Scott Bessent said Monday that the meeting between President Donald Trump and Chinese Leader Xi Jinping could be delayed for logistical reasons. Bessent spoke during an appearance on CNBC’s “Squawk Box.” Trump suggested on Sunday that the summit could be delayed as the U.S. pressures China to help reopen the Strait of Hormuz….
The United States is allowing Iranian oil tankers to transit the Strait of Hormuz, Treasury Secretary Scott Bessent told CNBC in an interview Monday. “The Iranian ships have been getting out already, and we’ve let that happen to supply the rest of the world,” Bessent told CNBC’s Brian Sullivan. Tanker traffic through the Strait has…
An employee monitors bottles as they move along the drug production line inside the packaging unit at the Lupin Ltd. pharmaceutical plant in Salcette, Goa, India, Bloomberg | Bloomberg | Getty Images The closure of the Strait of Hormuz by Iran is a military strategy with vast consequences for the global economy, not just in…
A family sits against the backdrop of a dockyard off the coastal city of Fujairah, in the Strait of Hormuz in the northern Emirate on Feb. 25, 2026. Giuseppe Cacace | Afp | Getty Images A drone attack at the United Arab Emirates’ key oil trading hub of Fujairah triggered a large fire, authorities said…
