U.S. President Donald Trump gives a speech at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty Images News | Getty Images As Americans prepare for the start of tax season next week, several new tax breaks are on the table as part of President Donald Trump’s “big…
Ray Stevens, chief executive officer of Structure Therapeutics Inc., during a Bloomberg Television interview at the JPMorgan Healthcare Conference in San Francisco, Jan. 12, 2026. Benjamin Fanjoy | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe…
President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his social media post this month ordering banks to voluntarily lower their rates. “I’m asking Congress to cap credit card interest rates at 10% for one year, and this will help millions of Americans save for…
Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov. 6, 2025. Chandan Khanna | AFP | Getty Images JPMorgan Chase CEO Jamie Dimon on Wednesday advocated for a test of President Donald Trump‘s proposed 10% cap on credit card interest rates in two U.S….
A startup widely known as “ChatGPT for doctors” raised a new funding round that values the company at $12 billion. OpenEvidence, based in Miami, Florida, closed a $250 million financing, led by Thrive Capital and DST, the company told CNBC. The startup first raised outside capital in February, when it reeled in $75 million from…
President Donald Trump is set Wednesday to speak at the World Economic Forum, directly addressing an audience that has been put on edge by his intensifying aggression toward the allied territory of Greenland. Trump’s speech is scheduled to begin at 8:30 a.m. ET. The address will be bookended by meetings with other world leaders attending…
A giant screen shows a news report on China’s “Justice Mission 2025” military drills around Taiwan, in Beijing, China Dec. 30, 2025. Tingshu Wang | Reuters China has doubled down on its criticism of the trade deal between Taiwan and the U.S. agreed last week, warning that it would benefit Washington while eroding the island’s…
Lisa Cook, governor of the US Federal Reserve, and U.S. President Donald Trump. Ting Shen | Bloomberg | Getty Images | Jonathan Ernst | Reuters The Supreme Court is set to hear oral arguments on Wednesday morning in a case over whether President Donald Trump has the power to fire Federal Reserve Gov. Lisa Cook…
A shopper browses fruit and vegetables for sale at an indoor market in Sheffield, UK. The OECD recently predicted that the UK will experience the highest inflation among all advanced economies this year. Bloomberg | Bloomberg | Getty Images The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story China is moving from global exporter to investor, right into regions the U.S. is eyeing. As U.S. President Donald Trump this year intensified U.S. influence…
