Tag: Government and politics
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CNBC Daily Open: Trump’s deal seems to be in dire straits
Trump had said a deal with Tehran could come by Thursday stateside. But if one does not arrive by noon today in Asia, that timeline will have slipped.
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Oil rises amid supply disruption fears following Iran’s restrictive draft plan for the Strait of Hormuz
News of Iran’s restrictive draft plan for the Strait of Hormuz sent oil prices higher, renewing concerns over supply disruptions.
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GAO finds Elon Musk’s DOGE inflated claims of $110 billion in savings for federal government
The nonpartisan watchdog found Elon Musk’s DOGE didn’t cut as much federal spending as it claimed and that it fell far short of its promised $2 trillion.
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Sen. Mitch McConnell says he’s left rehab, will work from home
“On the advice of my doctors, I’ll maintain an intensive regimen of physical therapy from home during the state work period,” the 84-year-old McConnell said.
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Analysis: Trump treats Fed Chairman Kevin Warsh as an ally. That creates economic risks
Trump’s reported phone calls to the Fed chairman will complicate his efforts to prove he will act independently on inflation and interest rates.
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Oil prices jump after Iran publishes restrictive draft plan for Strait of Hormuz
Crude oil prices rose Thursday after Iranian state news published a draft plan with restrictive conditions for ship traffic in the Strait of Hormuz.
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Megayacht Amadea sold for $187 million to Dubai billionaire with Trump ties
The sale of the Amadea caps a turbulent and controversial history for the 348-foot yacht, which was seized from a sanctioned Russian oligarch.
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EU urges Caribbean nations to shut down golden passport programs or face travel restrictions
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu In late June, the European Union formally requested that five Caribbean nations shut down their citizenship-by-investment programs by 2028 or
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Hadrian valued at nearly $8 billion after fresh funding as money pours into defense tech
Hadrian is one of a number of defense tech startups raising large sums and benefiting from President Trump’s plans to upgrade the U.S. military.
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Ukraine’s military hits one of Russia’s biggest oil refineries in long-range drone attack
The Slavneft-Yanos facility in Yaroslavl, which is situated hundreds of miles from the Ukraine border, is one of Russia’s biggest oil refineries.
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