A “draft” from The Treasury Department of a $1 commemorative coin that it plans to mint next year. Courtesy: U.S. Treasury Department The Treasury Department is considering minting a $1 coin bearing President Donald Trump‘s likeness on both sides to honor him and commemorate the United States’ 250th birthday next year. A first draft of…
Speaker of the House Mike Johnson (R-LA) and Senate Majority Leader John Thune (R-SD) walk into Statuary Hall for a news conference about the ongoing federal government shutdown at the U.S. Capitol on Oct. 3, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Senate on Friday is poised to vote once again on…
President Donald Trump on Thursday said Democrats have given him an “unprecedented opportunity” to slash federal agencies, signaling plans to harm his political opponents during the two-day-old government shutdown while blaming them for causing it. Trump’s warning came a day after his administration froze about $18 billion for two major infrastructure projects in New York…
LONDON — European stocks opened higher on Thursday, building on positive momentum in the previous session. The pan-European Stoxx 600 was 0.5% higher by 9 a.m. in London (4 a.m. ET), with most sectors trading in positive territory. Autos and technology stocks led gains, with their respective indexes each trading around 2% higher. Shares of…
Donald Trump Jr. and Zach Wilkoff of World Liberty Financial at Token2049, a prominent crypto conference in Singapore, on Wednesday, Oct. 1, 2025. Wachsman Donald Trump Jr. on Wednesday dismissed criticism that a crypto venture tied to his family had any potential conflicts of interest, as his firm, World Liberty Financial, seeks global investors. Concerns…
U.S. House Speaker Mike Johnson, a Republican from Louisiana, from left; Russell Vought, director of the Office of Management and Budget; Senate Majority Leader John Thune, a Republican from South Dakota; and U.S. Vice President JD Vance speak to members of the media following a meeting at the White House in Washington, D.C., on Sept….
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…
Gold prices rose to record highs as a U.S. government shutdown began on Wednesday. Chris Mcgrath | Getty Images News | Getty Images Gold prices soared to new highs on Wednesday, as the U.S. government entered its first shutdown in almost seven years after lawmakers failed to reach a deal on government funding. While the…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch There is an old British saying about buses: you wait ages for one and then two arrive at once. Pharmaceuticals analysts experienced something similar on Monday as the big two U.K. drugmakers — GSK and AstraZeneca —…
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…
