U.S. President Donald Trump in the Cabinet Room of the White House on Aug. 26, 2025 in Washington, D.C. Chip Somodevilla | Getty Images President Donald Trump on Monday called on pharmaceutical companies to “justify the success” of their Covid drugs days after the Food and Drug Administration set new limits on who can receive…
White House trade advisor Peter Navarro speaks to members of the media near the West Wing of the White House in Washington, D.C., U.S., August 21, 2025. Nathan Howard | Reuters President Donald Trump’s trade adviser Peter Navarro said Sunday that “it will be the end of the United States” if the president’s sweeping tariffs…
U.S. President Donald Trump looks on during the signing of executive orders in the Oval Office at the White House in Washington, D.C., on Aug. 25, 2025. Jonathan Ernst | Reuters President Donald Trump’s aggressive trade agenda hit a significant snag this week when a federal appeals court ruled that most of his “reciprocal tariffs”…
President Trump’s efforts to fire Federal Reserve Governor Lisa Cook could jeopardize the central bank’s independence, according to longtime investor Rebecca Patterson. “We shouldn’t ignore this at all. This is a big deal what’s going on,” the former Bridgewater Associates chief investment strategist told CNBC’s “Fast Money” this week. Patterson, now a senior fellow at…
Federal Reserve Board Governor Lisa Cook on Thursday sued President Donald Trump, seeking to block his unprecedented move to fire her. The suit, filed in federal court in Washington, D.C., also names Fed Chairman Jerome Powell and the Board of Governors itself as defendants. Trump said Monday that he was removing Cook because of allegations that she committed…
White House National Economic Adviser Kevin Hassett prepares to give a live television interview at the White House in Washington, D.C., U.S., August 4, 2025. Jonathan Ernst | Reuters President Donald Trump’s top economic adviser, Kevin Hassett, said Wednesday that Federal Reserve Board of Governors member Lisa Cook should go on leave from the central…
U.S. President Donald Trump welcomes South Korean President Lee Jae Myung at the White House in Washington, D.C., U.S., August 25, 2025. Brian Snyder | Reuters President Donald Trump bragged about his “great relationship” with North Korean dictator Kim Jong-un as he met at the White House for the first time Monday with South Korea’s…
SpaceX is valued at around $400 billion and is critical for U.S. space access, but it wasn’t always the powerhouse that it is today. Elon Musk founded SpaceX in 2002. Using money that he made from the sale of PayPal, Musk and his new company developed their first rocket, the Falcon 1, to challenge existing…
Russia’s Foreign Minister Sergey Lavrov speaks during a joint press conference with Iranian Foreign Minister Abbas Araghchi in Tehran, Iran, February 25, 2025. Majid Asgaripour | Via Reuters Russian foreign minister Sergey Lavrov threw cold water on the possibility of an imminent meeting taking place between President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy, saying that no…
Rep. Summer Lee, D-Pa., participates in a subcommittee hearing of the House Oversight and Government Reform Committee on Capitol Hill in Washington, D.C., July 23, 2025. Jonathan Ernst | Reuters Rep. Summer Lee, D-Pa., in a statement on Saturday criticized the release of the first trove of documents related to the late convicted sex offender…
