Trump tariffs fueling inflation: congressional budget chief

Congressional Budget Office director Phillip Swagel said Monday that President Donald Trump’s tariffs appear to have pushed inflation up higher than CBO analysts had initially expected. His views differ from those of Wall Street analysts, many of whom have been bracing for tariff-driven price hikes, but have yet to see them in materialize. Speaking on CNBC’s…

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TikTok deal ‘framework’ reached with China

Samuel Boivin | Nurphoto | Getty Images The U.S. and China have a reached a ‘framework’ deal for social media platform TikTok, Treasury Secretary Scott Bessent said Monday. “It’s between two private parties, but the commercial terms have been agreed upon,” he said from U.S.-China talks in Madrid. Both President Donald Trump and Chinese President…

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Utah Gov. Cox shares new details

Utah Governor Spencer Cox attends a press conference after U.S. right-wing activist, commentator, Charlie Kirk, an ally of U.S. President Donald Trump, was fatally shot during an event at Utah Valley University, in Orem, Utah, U.S. September 10, 2025. Jim Urquhart | Reuters Utah Gov. Spencer Cox said Sunday that the man arrested in connection…

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