A federal judge in a scathing ruling blocked subpoenas issued by a grand jury to the Federal Reserve as part of a criminal investigation of Chair Jerome Powell. U.S. Attorney for the District of Columbia Jeanine Pirro immediately said that the Department of Justice would appeal what she called the “outrageous” ruling, after it was…
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026 in Washington, DC. Anna Moneymaker | Getty Images OpenAI CEO Sam Altman met with a handful of lawmakers in Washington, D.C. where Sen. Mark Kelly, D-Ariz., said he raised some “serious questions” about the company’s approach to warfare and its recent…
Pumps and pipes divert raw sewage on Feb. 16, 2026, into the C&O Canal and around a broken section of the Potomac Interceptor, a 6-foot-wide pipe that collapsed on Jan. 19 between the Clara Barton Parkway and the canal in Cabin John, Maryland. Chip Somodevilla | Getty Images President Donald Trump on Tuesday stepped up…
A federal grand jury in Washington, D.C., declined a request by prosecutors to indict two Democratic U.S. senators, Mark Kelly of Arizona and Michigan’s Elissa Slotkin, on charges of seditious conspiracy, MS Now reported Tuesday night. The attempted indictment of Kelly and Slotkin related to a video in November that they participated in with four…
North Carolina Sean Pavone | Istock | Getty Images Lithium and steel outshined A.I. in 2025, at least when it comes to CNBC’s exclusive Power City Indexes. The Power City Indexes (PCI) were built ten years ago. The ‘indexes’ are made up from the 11 or 12 largest market cap companies in 36 different city and…
A tract of new tightly packed homes are viewed along the Boulder City Parkway on January 11, 2022 in Henderson, Nevada. George Rose | Getty Images Home values have been losing ground for much of this year, with previously huge annual gains shrinking to nothing. The result is that homeowners are losing equity. Borrower equity…
Jensen Huang, chief executive officer of Nvidia Corp., during the keynote address at the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Tuesday, Oct. 28, 2025. Kent Nishimura | Bloomberg | Getty Images Korean semiconductor giant Samsung said on Thursday that it plans to buy and deploy a cluster of 50,000 Nvidia graphic…
NVIDIA CEO Jensen Huang speaks during the Live Keynote Pregame during the Nvidia GTC (GPU Technology Conference) in Washington, DC, on Oct. 28, 2025. Jim Watson | AFP | Getty Images Nvidia CEO Jensen Huang said at the company’s GTC conference on Tuesday that its Blackwell graphics processing units — the company’s fastest AI chips…
Customers check out at a supermarket on August 12, 2025 in New York City. Liao Pan | China News Service | Getty Images The September consumer price index report coming out Friday will command full attention from financial markets, even as some investors will view the data with a skeptical eye. With the Bureau of…
Chancellor of the Exchequer Rachel Reeves speaks on stage during the Labour Party conference on Sept. 29, 2025, in Liverpool, England. Ian Forsyth | Getty Images U.K. Finance Minister Rachel Reeves has reiterated her commitment to the government’s self-imposed fiscal rules, but said it must be honest with the public about the challenges the country…
