A former EU commissioner has hit back after receiving a U.S. visa ban for alleged censorship. The Trump administration imposed visa bans on Thierry Breton, a former European Union commissioner behind the Digital Services Act (DSA), and four anti-disinformation campaigners, accusing them of censoring U.S. social media platforms. “The State Department is taking decisive action…
National Economic Council Director Kevin Hassett said Tuesday that the Federal Reserve is not cutting interest rates quickly enough, even though the U.S. economy grew at a much faster-than-expected pace in the third quarter. Hassett, a leading contender to succeed Federal Reserve Chair Jerome Powell when his term ends in May, said the artificial intelligence…
The Supreme Court on Tuesday dealt a rare blow to President Donald Trump by rejecting his bid to overrule a lower court order and allow the deployment of National Guard troops to the Chicago area over the objections of local and state leaders. The Trump administration asked the Supreme Court to intervene in the case…
A Southwest Airlines Boeing 737 airplane arrives at Los Angeles International Airport from San Francisco on March 28, 2025 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Southwest Airlines‘ profit fell 42% in the first nine months of the year compared with the same period in 2024. But its stock…
U.S. shoppers are willing to spend this holiday season — despite falling consumer confidence and anxiety over prices — but only if the deals are there, Tanger CEO Stephen Yalof told CNBC on Tuesday. “Retailers are discounting to meet the consumer, and the consumer is responding by shopping,” Yalof said on CNBC’s “Money Movers.” Yalof said…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks were little changed as bond yields rose after a strong third-quarter GDP reading dampened expectations for future Fed interest rate cuts. However, Jim Cramer said the market is…
The Department of Justice on Tuesday released another batch of files related to deceased sex offender Jeffrey Epstein. The latest documents appear to contain court records, emails, and some heavily or completely redacted files. In a Tuesday morning post to X, the DOJ announced the latest drop and claimed to have released “nearly 30,000 more…
Senator Cynthia Lummis, R-Wyo., listens during a panel titled ”Make the Greatest Economy in the World Work for All Americans” at the America First Policy Institute America First Agenda Summit in Washington, July 26, 2022. Sarah Silbiger | Reuters The cryptocurrency industry is mourning the loss of its fiercest advocate on Capitol Hill after Sen….
Senate Minority Leader Charles Schumer, D-N.Y., speaks during a news conference on a new “Democratic initiative to lower costs,” in the U.S. Capitol, Dec. 17, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images Senate Minority Leader Chuck Schumer said on Monday that he will force the Senate to vote on suing the Department…
Greenland Prime Minister Jens-Frederik Nielsen on Monday rebuked President Donald Trump‘s appointment of a special envoy to Greenland, the U.S. president’s latest move in his long-running effort to acquire the autonomous island territory of Denmark. “Greenland belongs to the Greenlandic people, and territorial integrity must be respected,” Nielsen said in a statement. “We are happy…
