US President Donald Trump speaks during a roundtable discussion in the Roosevelt Room of the White House in Washington, DC, on Dec. 10, 2025. Andrew Caballero-Reynolds | AFP | Getty Images U.S. forces on Wednesday seized an oil tanker off the coast of Venezuela, President Donald Trump said. “We’ve just seized a tanker on the…
A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, putting it in a range between…
Halfpoint Images | Moment | Getty Images Millions of student loan borrowers whose payments are paused may soon have to start paying, under a Trump administration proposed settlement announced this week. Experts say the timeline could be short, and borrowers need to start planning. The agreement centers on borrowers who signed up for the Biden…
Jensen Huang, chief executive officer of Nvidia Corp., outside the US Capitol in Washington, DC, US, on Wednesday, Dec. 3, 2025. Bloomberg | Bloomberg | Getty Images Nvidia on Wednesday responded to a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has…
U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy pose for a picture with European leaders following a meeting in the Oval Office at the White House on August 18, 2025 in Washington, DC. Win McNamee | Getty Images While it’s been clear to Europe for some time that U.S. President Donald Trump is not…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Chris Miller, author of the book “Chip War,” warned three years ago that the balance of modern power hinges on a semiconductor supply chain crossing…
President Donald Trump on Tuesday claimed to have “just heard” that all four of former President Joe Biden‘s appointments to the Federal Reserve were approved by “autopen,” suggesting they are not authorized to serve in those roles. Trump provided no evidence for the claim, which piggybacks on his repeated assertion that all of his predecessor’s…
Cattle detained in the pens of the Chihuahua Regional Livestock Union , at the Jeronimo-Santa Teresa border crossing in Ciudad Juarez, Mexico on November 27, 2024, after the United States stopped imports of Mexican cattle due to the presence of screwworm. Anadolu | Anadolu | Getty Images U.S. cattle ranchers will soon have a new…
Nvidia shares were not doing much on Tuesday as Wall Street failed to see the bigger picture of how the company can benefit from finally getting the green light from the U.S. government to sell its second-best chips in China. After Monday’s close, President Donald Trump said on social media that Nvidia will be allowed…
China has resumed buying U.S. soybeans, but still lags goals set by a trade agreement with President Donald Trump, an NBC News analysis found. China previously was a top buyer of U.S. soybeans, but last spring stopped purchasing American soybeans because of a trade war launched by Trump. The country resumed purchasing soybeans in October…
