The Supreme Court on Wednesday allowed Federal Reserve Governor Lisa Cook to remain in her post pending oral arguments in January on whether President Donald Trump has legal cause to fire her. The court’s move is a blow to Trump, who has repeatedly and unsuccessfully asked federal courts to allow him to terminate Cook from…
The federal government will shut down early Wednesday, in large part because of a debate between Republicans and Democrats over enhanced Obamacare subsidies and whether some immigrants should get those financial benefits. Republicans claim Democrats want to give health care to “illegal immigrants.” Democrats, in turn, say that’s a lie. Democrats say they are only…
President Donald Trump on Tuesday will announce an agreement with Pfizer to voluntarily sell its medications for less, as his administration pushes to link U.S. drug prices to cheaper ones abroad. Trump will announce a drug pricing deal with Pfizer at 11 a.m. ET, a White House official told CNBC’s Eamon Javers. Pfizer CEO Albert…
U.S. President Donald Trump reacts, as he arrives at Joint Base Andrews, Maryland, U.S., September 26, 2025. Elizabeth Frantz | Reuters YouTube has agreed to pay $24.5 million to settle a lawsuit involving the suspension of President Donald Trump’s account following the U.S. Capitol riots on Jan. 6, 2021. The settlement “shall not constitute an…
A logo of the Taiwan Semiconductor Manufacturing Company (TSMC) displayed on a smartphone screen Vcg | Visual China Group | Getty Images The Trump administration is pushing Taipei to shift investment and chip production to the U.S. so that half of America’s chips are manufactured domestically, in a move that could have implications for Taiwan’s…
A specialist trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 15, 2025. Brendan McDermid | Reuters LONDON — European stocks are expected to open in mixed territory on Tuesday as investors keep an eye on U.S. President Donald Trump’s trade tariffs and more political deadlock…
U.S. Vice President JD Vance speaks next to House Speaker Mike Johnson (R-LA) and Senate Majority Leader John Thune (R-SD) on the day U.S. President Donald Trump meets with top congressional leaders from both parties, just ahead of a September 30 deadline to fund the government and avoid a shutdown, at the White House in…
The White House on Monday released a 20-point plan by President Donald Trump to end the war in Gaza between Israel and Hamas. The release came minutes before Trump began speaking at the White House about the proposal, which has not been agreed to by Hamas. Trump was joined by Israeli Prime Minister Benjamin Netanyahu….
Electronic Arts said Monday that it has agreed to be acquired by the Public Investment Fund of Saudi Arabia, Silver Lake and Affinity Partners in an all-cash deal worth $55 billion. Shareholders of the company will receive $210 per share in cash. EA stock climbed 5% Monday. Shares gained about 15% Friday, closing at $193.35,…
U.S. President Donald Trump gestures, as he arrives at Joint Base Andrews, Maryland, U.S., Sept. 26, 2025. Elizabeth Frantz | Reuters President Donald Trump warned Sunday of widespread layoffs if the federal government shuts down this week, telling NBC News that “we are going to cut a lot of the people that … we’re able…
