Press Releases

More Magnificent Seven earnings are coming next week, helping to decide the direction of a stock market that’s becoming more discerning, while the latest data on the labor market will cast light on the state of the economy. Alphabet and Amazon are the next big technology companies in line to have their income statements scrutinized, […]

Senate Republicans said Friday they expect to start voting soon on a funding deal to keep federal agencies open, with just hours before a partial government shutdown is set to begin. But even if that deal is passed, at least a short shutdown is all but certain because the House of Representatives isn’t scheduled to

Kevin Hassett, the National Economic Council director once considered a clear front-runner to be named the next Federal Reserve chair, said Friday he is fine with continuing in his current role. Fresh off President Donald Trump’s announcement that former Fed Governor Kevin Warsh will be the new chair, Hassett told CNBC that he was not

Former CNN anchor Don Lemon was arrested by federal agents in connection with his journalistic activities covering protests in Minnesota, his lawyer said Friday. Lemon “was taken into custody by federal agents last night in Los Angeles, where he was covering the Grammy awards,” his attorney, Abbe Lowell, in a statement. “Don has been a

Ghislaine Maxwell and Jeffrey Epstein are seen in this image released by the Department of Justice in Washington, D.C., U.S., on December 19, 2025 as part of a new trove of documents from its investigations into the late financier and convicted sex offender Jeffrey Epstein. Date and context is unclear. U.s. Justice Department | Via

Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, walks on the day of an arraignment hearing, at New York Supreme Court in New York City, U.S. December 23, 2024.  Eduardo Munoz | Reuters Luigi Mangione will not face a possible death penalty sentence in the New York federal criminal

President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a prolonged odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led

Kevin Warsh, former governor of the US Federal Reserve, speaks with CNBC on July 17, 2025. CNBC In his first stint at the Federal Reserve, Kevin Warsh came to a central bank that was about to be asked to save the world. He returns now under very different circumstances, asked to serve a notoriously fickle

The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six years ago. Economists now warn that this two-speed economic

In 2016, when Susannah Rosen was 2½ years old, her parents, Luke Rosen and Sally Jackson, noticed during bath time that something wasn’t right. When Sally prompted Susannah to playfully kick her legs in the water, she wasn’t able to.    “For our first kid, if it was a bee sting, we would run into the