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Breaking News: Politics

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Japan auto majors say they aren’t passing tariff costs to U.S. consumers

Sagar10 months ago03 mins

Newly manufactured cars awaiting export at a port in Yokohama, south of Tokyo, Japan, on March 27, 2025. Issei Kato | Reuters Major Japanese automakers have denied to CNBC that they have raised prices in the U.S. because of tariffs imposed by the Trump administration. That comes after a Nikkei Asia report on Thursday that…

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  • Business

Trump US Attorney Alina Habba disqualified from cases

Sagar10 months ago02 mins

US President Donald Trump looks on as Alina Habba speaks during a swearing in ceremony as US Attorney General for New Jersey, in the Oval Office of the White House in Washington, DC, on March 28, 2025. Saul Loeb | Afp | Getty Images A federal judge on Thursday disqualified acting U.S. Attorney for New…

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  • Business

Powell to deliver Jackson Hole speech Friday. What Wall Street expects

Sagar10 months ago06 mins

Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. What’s at stake is the near-term sentiment for financial markets, the longer-term path of the Fed’s policy trajectory, and a not…

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Trump official signals DOJ will investigate Fed Governor Cook

Sagar10 months ago03 mins

The Department of Justice will investigate Federal Reserve Governor Lisa Cook based on a criminal referral sent by a Trump administration housing official and arch critic of central bank chairman Jerome Powell, according to a letter obtained by CNBC’s Sara Eisen on Thursday. The letter, addressed to Powell and signed by Justice Department attorney Ed…

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Trump half-billion dollar civil penalty thrown out by appeals court

Sagar10 months ago01 mins

U.S. President Donald Trump stands next to Azerbaijan President Ilham Aliyev (not pictured) at the White House in Washington, D.C., U.S., August 8, 2025. Jessica Koscielniak | Reuters A New York state appeals court on Thursday threw out a more than $500 million civil fraud penalty imposed on President Donald Trump. The appeals court said…

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  • Business

U.S. and EU spell out tariffs for autos, pharmaceuticals, and more

Sagar10 months ago06 mins

U.S. President Donald Trump shakes hands with President of the European Commission Ursula von der Leyen as he announces a trade deal with the EU at Trump Turnberry golf club on July 27, 2025 in Turnberry, Scotland. U.S. Andrew Harnik | Getty Images News | Getty Images The U.S. and European Union on Thursday revealed…

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Trump’s peculiar policy playbook for China, India and Russia

Sagar10 months ago07 mins

U.S. President Donald Trump and Russian President Vladimir Putin arrive for a press conference at Joint Base Elmendorf-Richardson on Aug. 15, 2025 in Anchorage, Alaska. Andrew Harnik | Getty Images President Donald Trump is pursuing an unusual strategy — courting Russian President Vladimir Putin, holding fire on Beijing, all the while turning the screws on…

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Trump spent more than $100 million on bonds since taking office

Sagar10 months ago03 mins

United States President Donald Trump participates in a Multilateral Meeting with European Leaders in the East Room of the White House in Washington, DC, US. Picture date: Monday August 18, 2025. Aaron Schwartz – Pa Images | Pa Images | Getty Images U.S. President Donald Trump has been on a multimillion-dollar bond-buying spree since taking…

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Intel in talks with other investors for equity boost, sources say

Sagar10 months ago02 mins

Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel is in talks with other large investors to receive an equity infusion at a discounted price, people familiar with the matter told CNBC’s David Faber. Intel stock slid more than…

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Trump demands Fed’s Lisa Cook resign after Bill Pulte calls for ‘mortgage fraud’ probe

Sagar10 months ago02 mins

Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board open meeting discussing proposed revisions to the board’s supplementary leverage ratio standards at the Federal Reserve Board building in Washington, DC, on June 25, 2025. Saul Loeb | AFP | Getty Images President Donald Trump on Wednesday…

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  • Follow live: Vinícius Júnior gives Brazil early le…
  • DOJ warns California over 'Glock Ban'
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  • JPMorgan unveils $50B buyback, Goldman Sachs raises dividend after Fed stress test

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