U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department in Washington, as he announces a new set of sanctions against Iran, Aug. 24, 2026. Mehmet Eser | Anadolu | Getty Images The Treasury Department on Friday announced sanctions against a small Turkish investment bank and two…
Brazil’s President Luiz Inacio Lula da Silva speaks to the media at the BRICS Summit in Rio de Janeiro, Brazil July 7, 2025. REUTERS/Ricardo Moraes Ricardo Moraes | Reuters Emerging markets are likely to see a surge in investor money as they seek new opportunities after the U.S. Treasury’s bond buyback plans weakened the dollar,…
A man holds the Iranian toman equivalent of 1 USD as US dollars selling rate on the free market reaches an all-time high, hitting the 200,000 toman mark in Tehran, Iran on Aug. 24, 2026. Fatemeh Bahrami | Anadolu | Getty Images The U.S. announced an “economic D-Day” campaign Monday to isolate Iran from the…
Nikos Pekiaridis | Nurphoto | Getty Images A court ruling this week in favor of Gilead Sciences could significantly impact a burgeoning class of health programs in the U.S. that federal authorities say are illegally importing medications from overseas. Last year, a CNBC investigation found that these programs — called alternative funding programs, or AFPs…
NATO Secretary General Mark Rutte greets Donald Trump, President of United States during a welcome ceremony of allied heads of state and government, on July 08, 2026 in Ankara, Turkey. Win Mcnamee | Getty Images News | Getty Images NATO had a fractious summit in Turkey this week, with U.S. President Donald Trump threatening to…
Birds fly over houses overshadowed by the mountain in Nuuk, Greenland, on March 10, 2026. Florent Vergnes | Afp | Getty Images Danish Prime Minister Mette Frederiksen on Wednesday delivered a rebuke to President Donald Trump‘s latest push for U.S. control of Greenland, saying the Scandinavian country is ready to defend “every inch” of its…
U.S. President Donald Trump gestures as he speaks during bilateral meeting at the Bestepe Presidential Compound, following Trump’s arrival to attend the annual NATO Summit on July 7, 2026 in Ankara, Turkey. Win Mcnamee | Getty Images Hello, this is Leonie Kidd coming to you from London. Welcome to the Daily Open newsletter, a special…
NBA Deputy Commissioner Mark Tatum speaks during the second round of the 2019 NBA Draft at the Barclays Center on June 20, 2019, in the Brooklyn borough of New York City. Sarah Stier | Getty Images The NBA plans to begin naming winning bidders for 12 permanent European teams in the next 60 to 90…
Debris of a NATO air defence system that intercepted a missile launched from Iran is seen in Dortyol, in southern Hatay province, Turkey, March 4, 2026 in this screengrab from video. Ihlas News Agency | Via Reuters Asia-Pacific markets opened lower Monday, as investors weigh a U.S. naval blockade on Iran’s ports after talks between…
President Donald Trump announced on Nov. 14 that his administration is rolling back select tariffs on items including coffee, beef, cocoa and bananas, as he faces blowback for high grocery prices. But that doesn’t mean those prices are coming down anytime soon. Consumer price relief will take time, according to supply chain management data and history. The…
