CNNBC

The rise and fall of Hui Ka Yan, China’s richest man

The former richest man in Asia, Evergrande Founder Hui Ka Yan, lost his fortune and all remaining personal assets after a Shenzhen court Sentenced to Life in Prison, convicted him over large-scale financial fraud, bribery and misuse of f...

Britain's Public-Service Productivity Remains Below 2019 as £80 Billion Output Gap Fuels WFH Debate

Official estimates put public-service productivity 2.5% below its pre-pandemic level in 2025, while EY calculates that UK GDP would have been 3% larger if public-sector productivity had kept pace with the private sector from 2019 to 2024.

White House Advances Critical Supply Chain Partnerships With Major Corporate Executives

National Economic Council officials convened corporate leaders at the White House to discuss public-private partnerships intended to strengthen supplies of critical minerals and advanced manufacturing inputs.

Senate Judiciary Committee Schedules Hearings on Federal Electronic Surveillance Powers

The Senate Judiciary Committee has scheduled oversight hearings examining statutory electronic surveillance authorities used by law enforcement and intelligence agencies under foreign-intelligence legislation.

Justice Department Expands Internal Reviews of Politically Sensitive Federal Prosecutions

Senior Justice Department officials have broadened internal administrative reviews of sensitive investigations and prosecutions following the departure of several career federal prosecutors.

EPA Finalizes Rollback of Federal Tailpipe Emissions Targets

The Environmental Protection Agency has finalized regulatory changes eliminating aggressive federal tailpipe emissions targets, easing compliance requirements for traditional domestic automakers.

Trump Administration Expands Workplace Audits and Deportation Operations After Temporary Status Suspensions

Department of Homeland Security officials say commercial workplace inspections and deportation flights are expanding following the suspension of temporary protected status for selected migrant groups.

FBI Strengthens Election Security Coordination Ahead of November Midterms

The Federal Bureau of Investigation is expanding intelligence sharing and coordination with state and local election officials to protect voting infrastructure ahead of the November midterm elections.

Congress Remains Deadlocked Over Short-Term Funding Ahead of Budget Deadline

Congressional leaders remain divided over competing short-term spending proposals and funding limits as lawmakers seek to prevent a federal government shutdown before the approaching budget deadline.

US Fuel Prices Rise Above Four Dollars in Several States Amid Supply Constraints

Retail gasoline prices in several states have climbed above four dollars per gallon as crude supply constraints and geopolitical disruptions put pressure on petroleum markets.

Federal Reserve Signals Patience on Rate Cuts Amid Persistent Inflation

Federal Reserve officials are indicating a cautious approach to potential interest-rate reductions as recent economic data continues to show persistent price pressures across core goods and services.

US Army Secretary Dan Driscoll Expected to Leave Amid Reported Tensions With Defense Chief

Army Secretary Dan Driscoll is expected to step down by the end of the year after months of reported policy and operational tensions with Defense Secretary Pete Hegseth.

Trump Says Iran Is Not Ready for an Acceptable Deal With Washington

President Donald Trump said Iran remains unprepared to reach an agreement acceptable to the United States, indicating that Washington will maintain severe economic and military pressure following months of regional conflict.

Meta Faces Landmark California Trial Over Addictive Design and Children’s Privacy

California and twenty-eight other states have opened a major antitrust and privacy trial accusing Meta of deliberately designing addictive features and violating laws protecting children’s privacy on its social media platforms.

US Public Debt Surpasses Forty Trillion Dollars

United States public debt has exceeded forty trillion dollars, reflecting decades of accumulated borrowing linked to defense spending, the two thousand eight financial crisis and emergency fiscal stimulus.

TikTok and ByteDance Agree to Four Hundred Million Dollar Settlement Over Children’s Privacy

TikTok and parent company ByteDance have agreed to pay four hundred million dollars to settle a Department of Justice enforcement action alleging violations of federal children’s online privacy protections.

Trump Says Political Operation Has Eight Hundred Fifty Million Dollars for Midterm Campaigns

President Donald Trump said his political operation has about eight hundred fifty million dollars available to support favored Republican candidates in the upcoming midterm elections.

US Supreme Court Allows White House Ballroom Construction to Continue During Legal Challenge

Chief Justice John Roberts temporarily cleared the Trump administration to continue construction of a luxury White House ballroom replacing the demolished East Wing while legal challenges to the project proceed.

US-Canada Trade Talks Collapse Ahead of Midnight Deadline for Fifty Percent Tariffs

Trade negotiations between the United States and Canada broke down shortly before a midnight deadline for fifty percent tariffs on twenty billion dollars of Canadian products, prompting Prime Minister Mark Carney to suspend talks and ann...

US Prepares for Trump Address to United Nations General Assembly

State Department officials are finalizing logistical and policy preparations for President Donald Trump’s planned address to the United Nations General Assembly in New York.

House Oversight Committee Investigates Federal Contracting and Procurement Practices

The House Oversight Committee has opened a broad investigation into federal procurement procedures, focusing on contracting efficiency and oversight of government contractors.

FCC Proposes New Transparency Rules for AI Content Moderation

The Federal Communications Commission has proposed rules aimed at establishing common transparency standards for artificial intelligence content filtering and moderation practices on digital platforms.

Department of Labor Reports Continued Employment Growth in Technology and Manufacturing

The Bureau of Labor Statistics reported resilient job gains across manufacturing, technology development and professional services in the latest monthly employment figures.

Ohio Data Center Backlash Raises Republican Concerns Over Senate Election Prospects

The National Republican Senatorial Committee has warned that public opposition to large artificial intelligence data centers could threaten Republican prospects in a closely watched Ohio Senate race.

White House Seeks Private-Sector Partnerships to Strengthen Critical Mineral Supply Chains

National Economic Council officials briefed corporate executives on proposed public-private partnerships intended to secure critical minerals and other key manufacturing inputs.

US Energy Department Funds Domestic Critical Mineral Extraction and Processing

The Energy Department has awarded millions of dollars in grants to mining and processing companies seeking to expand U.S. production of strategic battery minerals.

Senate Confirms New FDA Commissioner Amid Debate Over Regulatory Oversight

The Senate has confirmed a new commissioner to lead the Food and Drug Administration, prompting debate among pharmaceutical industry executives and public health advocates over the agency’s regulatory approach.

Human Rights Groups Challenge Trump Sanctions Against International Criminal Court

Civil liberties and international legal groups have filed additional court motions challenging the legality of economic sanctions imposed by the Trump administration against the International Criminal Court.

White House Defends Security Clearance Process for Senior Presidential Aide

White House officials are defending administrative procedures governing security clearances for senior presidential aides following congressional oversight inquiries.

ICE Expands Workplace Enforcement Operations Across Major US Cities

Immigration and Customs Enforcement has directed broader audits and inspections of employers in major metropolitan areas as part of efforts to enforce federal workforce verification requirements.

US Deportation Flights Begin After Suspension of Selected Temporary Protected Status

The Department of Homeland Security has confirmed the first deportation flights following the suspension of temporary protected status for selected migrant populations.

Senate Judiciary Committee Schedules Hearings on FBI Surveillance Powers

The Senate Judiciary Committee has scheduled oversight hearings to examine the Federal Bureau of Investigation’s surveillance authorities under foreign-intelligence legislation.

FBI Strengthens Election Security Coordination Ahead of November Midterms

The Federal Bureau of Investigation is upgrading coordination with state and local election officials to counter foreign interference and strengthen election infrastructure ahead of the November midterm elections.

US Expands Justice Department Reviews of Politically Sensitive Prosecutions

Senior Justice Department officials have expanded internal reviews of politically sensitive investigations and prosecutions following the departures of several career federal prosecutors.

US and Canada Discuss Continental Security and Trade in Washington

Canadian Foreign Minister Anita Anand met Secretary of State Marco Rubio in Washington for talks covering continental security, trade enforcement and cross-border cooperation.

Pentagon Reverses Course on Aircraft Carrier Launch Systems Following Trump Directives

The Defense Department says upcoming aircraft carriers will revert to traditional steam catapults instead of electromagnetic launch systems following directives from the White House.

Pentagon Plans Indo-Pacific Naval Realignment Amid Regional Maritime Tensions

The Defense Department is preparing changes to naval deployments and logistical support hubs across the Indo-Pacific as U.S. planners seek to deter potential conflicts and protect major trade routes.

US Reviews New Tariffs on Advanced Semiconductor Imports

The Treasury Department and U.S. trade officials are reviewing potential new tariffs on advanced semiconductor imports as Washington seeks to strengthen domestic chip manufacturing and counter foreign subsidies.

CBO Projects Larger US Deficits Under Proposed Extensions of Major Tax Cuts

The Congressional Budget Office has released updated projections showing substantial increases in federal deficits over the next decade if proposed extensions of major tax reductions take effect.

EPA Finalizes Rollback of Clean-Energy Vehicle Mandates

The Environmental Protection Agency has finalized regulatory changes eliminating aggressive federal tailpipe emissions targets, giving traditional U.S. automakers greater regulatory flexibility.