An unusually divided Federal Reserve on Wednesday held its key interest rate steady as policymakers grappled with the policy impact of persistent inflation and awaited a looming leadership transition at the central bank. In what may have been Chair Jerome Powell‘s final meeting at the helm, the rate-setting Federal Open Market Committee voted to hold…
FILE PHOTO: Former FBI Director James Comey testified in front of the Senate Intelligence Committee in the Senate Hart building on Capitol Hill, on Thursday, June 8, 2017. Cheriss May | Nurphoto | Getty Images Former FBI Director James Comey appeared in Alexandria, Virginia, federal court on Wednesday, a day after a two-count indictment charged…
In the photograph, the defendant was wearing a black dress shirt, black slacks, and what appears to be a red necktie, tucked into his pants. An enhanced version of the image (below right) shows that the defendant also appeared to be wearing a small leather bag consistent in appearance with the ammunition- filled bag later…
This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in China’s eastern Shandong province. CN-STR | Afp | Getty Images The U.S. Treasury warned financial institutions Tuesday that they could face sanctions if they engage in dealings with Chinese refineries that process Iranian oil. The…
A member of the media raises her hand for a question as U.S. President Donald Trump talks while holding up renderings of the planned White House ballroom, aboard Air Force One en route to Joint Base Andrews, Maryland, U.S., March 29, 2026. Elizabeth Frantz | Reuters President Donald Trump, top officials in his administration and…
House Rules Committee Chair Rep. Virginia Foxx (R-NC) delivers remarks alongside Ranking Member Rep. Jim McGovern (D-MA) during a Rules Committee Hearing on legislation to end the partial government shutdown, at the U.S. Capitol on Feb. 2, 2026 in Washington, DC. Chip Somodevilla | Getty Images The Department of Homeland Security has been shut down…
Vcg | Visual China Group | Getty Images Pentagon AI chief Cameron Stanley confirmed to CNBC that the Department of Defense is expanding its use of Google’s Gemini artificial intelligence model, about two months after the DOD dropped Anthropic, designating it as a supply chain risk. The DOD is using Google’s latest model for classified…
FILE PHOTO: FBI Director James Comey testifies before the House Intelligence Committee hearing into alleged Russian meddling in the 2016 U.S. election, on Capitol Hill in Washington, U.S., March 20, 2017. Joshua Roberts | Reuters Former FBI Director James Comey has been indicted on charges alleging he threatened President Donald Trump when he posted an…
When Meta agreed to acquire Manus, a Singapore-based artificial intelligence startup with Chinese roots for roughly $2 billion last December, many saw the transaction as just another routine deal in today’s global technology economy: capital crossing borders, startups relocating to friendlier jurisdictions, and major platform companies acquiring talent and intellectual property in the race to…
Efforts by Fed chair nominee Kevin Warsh to satisfy President Donald Trump‘s demands for lower interest rates look likely to be stymied by high oil prices and inflation, according to respondents to the latest CNBC Fed Survey. Respondents on average are not fully pricing a single rate cut this year. Just 58% of the 26…
