Leon Black, then-CEO of Apollo Global Management, at the Milken Institute Global Conference in Beverly Hills, California, May 1, 2018. Patrick T. Fallon | Bloomberg | Getty Images Former Apollo Global Management CEO Leon Black sued the House Oversight and Government Reform Committee on Thursday, seeking to block subpoenas for multiple nondisclosure agreements he was…
A banner of US President Donald Trump outside of the Department of Justice (DOJ) building in Washington, DC, US, on Thursday, June 11, 2026. Al Drago | Bloomberg | Getty Images All states going forward must report undocumented immigrants known to be in a state to the U.S. Department of Homeland Security or risk losing…
Pennsylvania Gov. Josh Shapiro said Tuesday that “too many” data center developers don’t care about the communities where they are building those artificial intelligence-sector projects, which have met with growing opposition nationwide. Shapiro’s comments to CNBC’s “Squawk on the Street” came a day after President Donald Trump said the only reason American communities should not…
US President Donald Trump speaks before signing an executive order in the Oval Office of the White House in Washington, DC, on Aug. 10, 2026. Jim Watson | Afp | Getty Images President Donald Trump on Monday blasted communities that oppose new data centers as Republicans confront voter backlash over the projects ahead of November’s…
Mike Moore Attorney General from Jackson Mississippi gives his opening remarks during the tobacco hearings, seated next to him is D. Scott Wise, partner, Davis, Polk and Wardwell in New York. Douglas Graham | Cq-roll Call, Inc. | Getty Images As a central figure who helped negotiate the blockbuster $246 billion tobacco master settlement in…
Gilead Bixlenvo drug Courtesy: Gilead The Food and Drug Administration approved a once-daily HIV pill from Gilead that could help simplify care for some patients, the company announced Thursday. The drug, marketed as Bixlenvo, is aimed at patients whose virus is already under control but who remain on complicated treatment regimens. It could also appeal…
Jonathan Raa | Nurphoto | Getty Images CrowdStrike and Okta shares surged on Thursday after earnings showed that artificial intelligence adoption is pushing customers to spend more on cybersecurity tools. Both companies beat Wall Street’s estimates for the fiscal second quarter and raised their forecasts, citing the AI agent threat. CrowdStrike gained 15% while Okta…
Vice President JD Vance speaks with reporters after his arrival at Joint Base Andrews in Maryland, May 28, 2026. Matt Rourke | AFP | Getty Images Voters are worried about the cost of living. Comments from the GOP this week are not likely to console them. President Donald Trump, in an interview Wednesday, said the…
Meta and coalition of state attorneys general have settled a major federal trial centering on allegations that the social media giant misrepresented the extent of child-related mental health harms caused by apps like Facebook and Instagram. The settlement was revealed a court filing released Wednesday that details several requirements Meta must make to its apps…
The K-shaped economy has become shorthand for a widening, persistent economic divide: higher-income Americans pulling further ahead — in wealth, spending and financial security — while many lower-income households struggle to keep up. Now, that shape may be shifting. “I got sick of hearing about this K-shaped economy,” Treasury Secretary Scott Bessent told CNBC’s “Squawk…
