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Politics
Bill limiting investors from buying homes set to speed through Congress
In an aerial view, family homes line the streets of a neighborhood on May 23, 2026 in Thousand Oaks, California. Kevin Carter | Getty ImagesAn affordable housing bill limiting how many single-family homes major investors can buy is…
Snap unveils $2,195 Specs AR glasses, Spiegel bets on post smartphone
Evan Speigel, CEO of Snap, speaks with CNBC on June 16th, 2026.CNBCSnap CEO Evan Spiegel is betting consumers are so tired of looking at smartphone screens that they'll be willing to pay over $2,000 for augmented reality glasses that…
Fed Chair Warsh expected to withhold ‘dot’ from central bank’s interest
Kevin Warsh, nominee for chairman of the Federal Reserve, arrives for his Senate Banking, Housing and Urban Affairs Committee confirmation hearing in the Dirksen building, April 21, 2026.Tom Williams | Cq-roll Call, Inc. | Getty…
Rivian laying off hundreds of workers amid R2 launch
Rivian electric vehicles are parked in front of a Rivian service center on April 30, 2026 in Los Angeles, California. Justin Sullivan | Getty ImagesRivian said Tuesday it was laying off hundreds of workers, or less than 2% of its…
FBI says it disrupted alleged plot targeting UFC event at White House
Fireworks during the UFC Freedom250 fight on the South Lawn of the White House in Washington, DC, US, early on Monday, June 15, 2026. Saul Loab | Bloomberg | Getty ImagesThe FBI disrupted an alleged plot targeting Sunday's UFC cage-fight…
Treasury yields near flat as Fed begins monetary policy meeting
U.S. President Donald Trump shares hands with Kevin Warsh (L) as they arrive to Warsh's swearing-in ceremony to be the new Chairman of the Federal Reserve in the East Room of the White House on May 22, 2026 in Washington, DC.Anna…
Trump signals he could send details of Iran deal to Congress
U.S. President Donald Trump speaks during a bilateral meeting with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani on the sidelines of the G7 summit, on June 16, 2026 in Evian-les-Bains, France. Anna Moneymaker | Getty ImagesPresident…
Yum Brands sells Pizza Hut to LongRange Capital and Yum China
A sign hangs above the front of a Pizza Hut restaurant on Feb. 9, 2026 in Chicago, Illinois. Scott Olson | Getty ImagesYum Brands on Tuesday announced it is selling Pizza Hut to private equity firm LongRange Capital for roughly $1.5…
Trump meets Ukraine’s Zelenskyy as Iran moves into ‘rear-view mirror’
U.S. President Donald Trump, France's President Emmanuel Macron and Ukraine's President Volodymyr Zelenskyy take part in a working session at the G7 summit in Evian-les-Bains, France, on June 16, 2026. Thibault Camus | Afp | Getty…
Kevin Warsh’s Fed is not expected to make any change to rates for a while,
Amid heightened anticipation, Kevin Warsh will head his first meeting as Federal Reserve chairman but is expected do very little, at least initially, according to the latest CNBC Fed Survey.The 32 respondents, including economists, fund…