Tag: United States
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CNBC Daily Open: The rise of the White House contrarian trade
The demands of the White House are challenged, with a near-certain rate hike from the Fed, a vote-down of the Clarity Act and more warnings from the AI space.
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Kennedy Center board votes to close for renovations after judge blocks Trump’s name from facade
WASHINGTON: The board of the Kennedy Center voted on Tuesday (Sep 15) to shut down the iconic performing arts venue for up to two years for repairs, a US$257 million renovation project that President Donald Trump later threatened to block unless federal courts allow his name to be added to the building.The de
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CNBC Daily Open: Is AI safe? Industry leaders and Trump disagree
OpenAI, Anthropic and Google unite for AI safety talks after warnings that the technology could pose an existential risk to humanity.
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Why de-dollarization discussions are more talk, less action
BRICS leaders have asserted the need to use local currencies in intra-BRICS trade to cut dependency on dollar.
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Iran war has cost US military US$38 bn: Congressional Budget Office
One of the Pentagon’s largest costs has been the US$21.7 billion spent replacing munitions used in the conflict.
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US orbital weapons acknowledgement a “landmark” move, US Space Command official says
US Air Force Secretary Troy Meink acknowledged on Monday that the US has weapons in space.
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Republican Rep. Massie seeks Hegseth’s impeachment over Iran
Republican Rep. Thomas Massie filed articles of impeachment against Defense Secretary Pete Hegseth for executing Iran war orders without Congress’ approval.
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Dan Niles warns of market drawdown ahead. Tech investor holds ‘lots of shorts’
Seasonality, political uncertainty and higher interest rates are likely to loom over stocks in coming months.
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Iran war has cost on average $246 million per day in its first five months, CBO finds
The Congressional Budget Office calculated the Defense Department’s Iran war cost through Aug. 1 at $38.1 billion.
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Rob Reiner son will not face death penalty, prosecutor says
After a “rigorous review”, prosecutors say Nick Reiner will not face the death penalty for the accused murdering of his parents, Hollywood director Rob Reiner and his wife Michele Reiner.
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