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Politics
Life in Dubai as Iran war continues
Tension hangs over Dubai. Social occasions and day-to-day activities are being interrupted by evacuation alerts and flashes in the sky as air defenses intercept drones, but much of life continues as normal, residents told CNBC.Iran has…
Trump can’t ‘drill, baby, drill’ his way out of this Iran oil crisis
President Donald Trump promised to "drill, baby, drill" on the presidential campaign trail.It's not going to bail him out of this oil crisis spurred by the war he started in Iran, lawmakers and analysts say.Trump and Republicans last…
Musk says xAI must be ‘rebuilt’ amid co-founder exodus, SpaceX IPO
Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025.Bloomberg | Bloomberg | Getty ImagesLess than six weeks after Elon Musk…
Fed Chair Jerome Powell subpoenas blocked by judge
Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on October 29, 2025 in Washington, DC.Alex Wong | Getty Images News | Getty ImagesA…
Fourth-quarter GDP revised down to just 0.7% growth; January core inflation
Economic growth was much slower than expected in the final three months of 2025 while core inflation rose to start 2026, the Commerce Department reported Friday.Gross domestic product, a measure of all the goods and services produced…
U.S. companies should give Trump tariff refunds to workers: Greer
Jamieson Greer, US trade representative, during a Bloomberg Television interview outside the White House in Washington, DC, US, on Friday, Dec. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images"The whole reason the president imposed…
Trump thinks Russia leader Putin is helping Iran
Russian President Vladimir Putin chairs a meeting of the presidential council for civil society and human rights via a video link in Moscow, Russia, December 9, 2025.Gavriil Grigorov | Via ReutersPresident Donald Trump on Friday said he…
Cuba confirms talks with U.S. — but warns an agreement will take time
A pedicab drives past a traffic light that is out due to a power cut in Havana on March 4, 2026.Yamil Lage | Afp | Getty ImagesCuba's government has held talks with Donald Trump's administration, the country's president, Miguel…
‘Don’t need to worry about it’
Defense Secretary Pete Hegseth on Friday brushed aside concerns that the effective closure of the Strait of Hormuz because of the Iran war, which has spiked oil prices, would continue being a problem for the U.S. and the world for much…
What happens if Trump pushes to seize Kharg Island
A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017.Anadolu | Anadolu | Getty ImagesThe prospect of a U.S. move…