President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a prolonged odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led…
Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025. David A. Grogan | CNBC Commerce Secretary Howard Lutnick said Sunday that Aug. 1 is the deadline for countries to begin paying tariffs to the United States, but said that…
House Speaker Mike Johnson (R-La.) said Sunday that President Trump is “strongest in times of crisis” after a gunman disrupted the White House Correspondents’ Association annual dinner on Saturday. “Many in the media have been discussing how President Trump was ‘extremely calm’ and ‘in control’ during last night’s events. That’s a sign of [of]… Source…
Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Shares of Danish renewables giant Orsted jumped on Tuesday, after a U.S. judge ruled the embattled firm can resume construction of an offshore wind farm that was halted by…
CNBC’s Jim Cramer on Friday explained how he thinks the data center sector can regain its footing on the market, saying OpenAI needs to raise cash to pay Oracle, one of its major partners. “No matter what, OpenAI needs to raise a lot of money, and it needs to raise it now,” he said. “Or…
Mark RaimondiJan 17, 2026, 10:09 pm ET to close Mark Raimondi’s first year covering the Falcons was 2024, but it was not his first year at ESPN. He joined the company in 2019 and was a top combat sports reporter. He also covered professional wrestling and wrote the book “Say Hello to the Bad Guys:…
New video that appears to show Renee Nicole Good in her car right before she was fatally shot by an ICE agent in Minneapolis was posted Friday on social media by the site Alpha News. The 47-second-long video appears to have been taken by a phone held by the U.S. Immigration and Customs Enforcement agent…
Affirm CEO Max Levchin said Friday that while the buy now, pay later firm isn’t seeing credit stress among federally employed borrowers due to the government shutdown, there are signs of a change in shopping habits. “We are seeing a very subtle loss of interest in shopping just for that group, and a couple of…
SINGAPORE — Sentosa Island boasts the luxury, five-star Ora and Michael hotels, with palm-tree-lined pools, lobbies flanked with luxury stores, and a casino that adjoins both hotels and buzzes with gamblers. The Singapore resort is also where a group of federal employees from the U.S. Food and Drug Administration were sent for a work trip…
A private jet carrying eight people crashed at Bangor International Airport in Maine on Sunday, the Federal Aviation Administration (FAA) said in a statement. According to the FAA, at approximately 7:45 p.m. EST a Bombardier Challenger 600 crashed “on takeoff” from the airport. The condition of the eight people on board the plane was not…
