US News

Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., during a news conference in Seoul, South Korea, on Friday, Aug. 30, 2024.  SeongJoon Cho | Bloomberg | Getty Images Uber on Wednesday announced plans to slash 10% of its workforce in a move to consolidate management layers and trim costs. “The changes we’re making today

Treasury Secretary Scott Bessent speaks after the 2026 G20 Financial meetings on Sept. 1, 2026 in Asheville, North Carolina. CNBC China was the only Group of 20 member to dissent from a joint statement that “non-market based economies pushing out a never-ending stream of cheap exports is not sustainable,” Treasury Secretary Scott Bessent said Tuesday.

UNITED STATES – MAY 21: Rep. Chip Roy, R-Texas, left, and House Freedom Caucus chair Rep. Andy Harris, R-Md., along with members of the House Freedom Caucus speak to reporters about the One Big Beautiful Bill Act reconciliation package in the U.S. Capitol on Wednesday, May 21, 2025. Bill Clark | Cq-roll Call, Inc. |

Vessels near the Strait of Hormuz, as seen from Musandam, Oman, Aug. 31, 2026. Stringer | Reuters A tanker was struck by three unknown projectiles while transiting the Strait of Hormuz on Monday, stoking worries that the Middle East conflict could once again escalate. The tanker was sailing in the southern shipping lane close to

A Coupang banner hangs outside the New York Stock Exchange on the day of the company’s initial public offering, March 11, 2021. NYSE The South Korean government’s dismissal of the findings of a congressional report alleging it’s waged a targeted campaign against U.S.-based Coupang — commonly known as the Amazon of South Korea — is

F/A-18 Super Hornets on the flight deck of the USS George Washington in the Indian Ocean on Aug. 18, 2026. U.S. Navy | Via Reuters U.S. President Donald Trump extended his military threats against Iran to Kharg Island, the country’s main oil export terminal, saying it’s “going to be blown to smithereens!” The comments came

Supporters of the ‘No’ campaign display a banner during a rally against reopening Iceland’s European Union accession negotiations in Reykjavik, Iceland, on August 27, 2026, two days ahead of a national referendum. (Photo by Jonathan NACKSTRAND / AFP via Getty Images) Jonathan Nackstrand | Afp | Getty Images Icelanders voted to reject resuming talks to

A combination photo shows CEO of OpenAI Sam Altman (L) on April 28, 2026 and Elon Musk on April 29, 2026 during the trial in Elon Musk’s lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S. Manuel Orbegozo | Reuters OpenAI announced late Friday that it is ending developers’ access to

The exterior of Goodyear’s “Motor City Garage” concept retail store inside one of the tire manufacturer’s Detroit tire shops. Courtesy Goodyear DETROIT — Goodyear Tire & Rubber CEO Mark Stewart sits in the vehicle bay of a tire shop where the company is launching a new retail experience for customers. There’s a freshly painted black

Mark Walter chief executive officer of Guggenheim Partners, primary owner and chairman of Major League Baseball’s Los Angeles Dodgers and a 12.7% of BlueCo, a holding company that controls Premier League club Chelsea on the field after the FIFA Club World Cup Final against Paris Saint-Germain on July, 13, 2025 at MetLife Stadium in East

Federal Reserve Chairman Kevin Warsh expressed concern Friday about elevated inflation while hinting that interest rates could need to move higher if more progress isn’t made on easing price pressures. Warsh’s closely watched remarks at the Fed’s annual symposium in Jackson Hole, Wyo., avoided committing either to forward guidance — or verbal cues about the

Texas Senate candidate James Talarico (D-TX) speaks at a campaign rally on March 2, 2026 in Houston, Texas. Talarico is visiting various locations around the state in the lead up to tomorrow’s primaries. Danielle Villasana | Getty Images Texas Democratic Senate candidate James Talarico is out with a new plan, first shared with CNBC, to

Cleveland Federal Reserve President Beth Hammack on Thursday repeated her call for higher interest rates, saying recent inflation data show the central bank is still too far from its goal. A report released Wednesday showed inflation running around 3% on an annualized basis, the central bank policymaker said. Even though the monthly rates of price

Marc Benioff, chief executive officer of Salesforce, speaks during the World Economic Forum in Davos, Switzerland, Jan. 18, 2024. Halil Sagirkaya | Anadolu | Getty Images Salesforce shares soared 12% in extended trading on Wednesday after the cloud software vendor reported results and issued guidance that surpassed Wall Street projections. Here’s how the company did

Mark Walter‘s TWG Global, in an extraordinary statement Wednesday morning, blasted what it called “multipronged attacks” against the holding company and its subsidiaries, and said “despite what has been reported, there has been no fraud” at those companies. TWG also said it “is not looking to sell its sports assets at ‘fire sale’ prices to

U.S. President Donald Trump speaks to journalists aboard Air Force One en route to South Korea on October 29, 2025 in Japan. Andrew Harnik | Getty Images News | Getty Images President Donald Trump‘s move last week to scale back annual military drills with South Korea came as Seoul finalizes hundreds of billions of dollars

Jensen Huang, chief executive officer of Nvidia Corp., speaks next to a BlueField-4 STX Storage tray, from left, Vera CPU compute tray, and Spectrum-X Ethernet Photonics Switch System while holding a Spectrum-X Ethernet Photonics chip during a keynote address at the Nvidia GTC conference in San Jose, California, US, on Monday, March 16, 2026. Bloomberg

Los Angeles Dodgers chairman Mark Walter during a press conference at Dodger Stadium in Los Angeles, March 25, 2026. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images TWG Global has tapped veteran Goldman Sachs lawyer David Markowitz to be its chief legal officer, as federal investigators probe how two insurers that are

Trump Media interim CEO Kevin McGurn on Monday defended his company offering faster access to President Donald Trump‘s Truth Social posts, and said more customers have signed up for the pricey and controversial service. “We’re getting into the mid-teens now, and we’re climbing,” McGurn told CNBC’s “Squawk Box” when asked if more companies had started