Travelers wait in a long security line at John Wayne Airport in Santa Ana, California, May 7, 2025. Allen J. Schaben | Los Angeles Times | Getty Images Travelers, be warned: Starting Feb. 1, you may need to pay a fee of $45 or more for going through airport security checkpoints without a Real ID…
In his first stint at the Federal Reserve, Kevin Warsh came to a central bank that was about to be asked to save the world. He returns now under very different circumstances, asked to serve a notoriously fickle president who will place significant but very different demands on him. Warsh indeed is a Fed veteran,…
Members of President Donald Trump’s cabinet, including Energy Secretary Chris Wright, Commerce Secretary Howard Lutnick, Chief of Staff Susie Wiles, Treasury Secretary Scott Bessent and Secretary of State Marco Rubio, listen to Trump address the World Economic Forum (WEF) in the Davos Congress Center on Jan. 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty…
Former CNN anchor Don Lemon was arrested by federal agents in connection with his presence at a protest in a Minnesota church against the Trump administration’s immigration efforts. Lemon, 59, “was taken into custody by federal agents last night in Los Angeles, where he was covering the Grammy awards,” his attorney, Abbe Lowell, said in…
The Senate will vote Friday on a funding deal to keep federal agencies open, with just hours before a partial government shutdown is expected to begin. The vote schedule was set after South Carolina Republican Sen. Lindsey Graham said he would drop his hold on the funding legislation, which had blocked the Senate from quickly…
The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six years ago. Economists now warn that this two-speed economic…
Luigi Mangione, the suspect in the killing of UnitedHealth Group CEO Brian Thompson, walks on the day of an arraignment hearing, at New York Supreme Court in New York City, Dec. 23, 2024. Eduardo Munoz | Reuters Luigi Mangione will not face a possible death penalty sentence in the New York federal criminal case where…
Argor-Heraeus’ CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters Gold and silver prices plunged Friday, as President Donald Trump‘s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve…
President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a prolonged odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led…
The Portuguese cargo ship MSC Maxine is pictured at the Port of Balboa at the entrance to the Panama Canal in Panama City on April 23, 2025. The Port of Balboa is managed by CK Hutchison Holdings, based in Hong Kong. Martin Bernetti | Afp | Getty Images Panama’s top court has ruled against Hong…
