The Senate should move to advance Kevin Warsh, President Donald Trump‘s nominee for Federal Reserve chairman, even as a federal criminal investigation into current chair Jerome Powell continues, Treasury Secretary Scott Bessent said Friday. Bessent, in an interview on CNBC’s “Squawk Box,” said he believes after speaking this week to Republicans on the Senate Banking…
Sultan Ahmed Bin Sulayem of Dubai speaks at a news conference on Nov. 10, 2005 in New York City. Mario Tama | Getty Images News | Getty Images The CEO of Dubai’s largest port has been replaced by the company after details of his past relationship with the late sex offender Jeffrey Epstein were made…
Pinterest shares plunged as much as 20% after hours Thursday as CEO Bill Ready said the company “absorbed an exogenous shock this year related to tariffs” that affected top retail advertisers. The company reported a fourth-quarter earnings miss, revenue that was roughly in line with expectations and issued weak guidance for the current period. Here’s…
As geopolitical tensions between the EU and the U.S. escalate, these charts show how reliant the continent is on American tech providers, despite pledges to become more independent. Since returning to the White House last year, U.S President Donald Trump imposed tariffs on the continent and caused headaches and fear in Europe as he initially…
FILE PHOTO: Bull and bear symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. Kai Pfaffenbach | Reuters European shares were mixed on Friday, after AI fears triggered another sell-off on Wall Street overnight. The pan-European Stoxx 600 was oscillating around…
Chinese tech company Baidu, best known for its search engine, also operates cloud, mapping and other internet-based services. Bloomberg | Bloomberg | Getty Images BEIJING — Baidu plans to give users of its main smartphone app direct access to the wildly popular artificial intelligence tool OpenClaw, according to a spokesperson for the Chinese tech company….
Gold and silver prices rose as U.S. Treasury bond yields fell after December retail sales growth stalled, signaling a softening economy ahead of key jobs data. Bloomberg Creative | Bloomberg Creative Photos | Getty Images Gold’s wild price swings in recent weeks are increasingly being linked to speculative trading in China by some analysts, with…
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets traded mostly lower Friday, tracking Wall Street declines, as fears over artificial intelligence disruption drove the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by…
A French Air and Space Force Rafale fighter jet takes off from Air Base 120 in Cazaux, south-western France, on January 29, 2026, during the TOPAZE 2026 exercise. The TOPAZE 2026 exercise tests rapid redeployment capabilities and operational response in simulated high-intensity combat conditions. (Photo by Philippe LOPEZ / AFP via Getty Images) Philippe Lopez…
Sen. Mark Kelly, D-Ariz., at left, and Defense Secretary Pete Hegseth. Reuters A federal judge on Thursday barred Defense Secretary Pete Hegseth from censuring Sen. Mark Kelly over the Arizona Democrat’s participation in a video reminding American military service members of their right to refuse illegal orders. Judge Rich Leon’s order in U.S. District Court…
