$208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth

8 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth

As Yieldstreet tries to distance itself from a rocky past with a new name and ad campaign, its customers are dealing with a present reality that is increasingly dire. The private markets investing startup, freshly rebranded as Willow Wealth, last week informed customers of new defaults on real estate projects in Houston and Nashville, Tennessee, … Read more

Putin’s latest warning to Ukraine shows how unlikely a peace deal is

Putin’s latest warning to Ukraine shows how unlikely a peace deal is

Russian President Vladimir Putin smiles while visiting the We Are Together Fourm and Awards Ceremony, on December 3, 2025 in Moscow, Russia. Contributor | Getty Images Russian President Vladimir Putin has warned Moscow will take Ukrainian territory by force if Kyiv’s troops do not withdraw, signaling rigidity over a key sticking point in peace talks. … Read more

Costco adds Biden Commerce Sec. Gina Raimondo to board on heels of Trump tariff lawsuit

Costco adds Biden Commerce Sec. Gina Raimondo to board on heels of Trump tariff lawsuit

US Commerce Secretary Gina Raimondo speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024. Mandel Ngan | AFP | Getty Images Read more CNBC politics coverage “We are very pleased to nominate Secretary Raimondo for election to our Board,” Costco Chairman Tony … Read more

Congressional watchdog probes Trump FHFA chief Bill Pulte

Congressional watchdog probes Trump FHFA chief Bill Pulte

The Government Accountability Office, a congressional watchdog, has opened an investigation of Federal Housing Finance Authority Director Bill Pulte, who has acted as a leading attack dog for President Donald Trump this year. The probe was requested by a group of Senate Democrats on Nov. 17. “I can confirm that GAO has accepted this request … Read more

Trump’s South Korea tariff cuts are major boost for Hyundai and GM

Trump’s South Korea tariff cuts are major boost for Hyundai and GM

American flags flutter outside a Hyundai automobile dealership in Irvine, California, U.S., March 27, 2025.  Mike Blake | Reuters DETROIT — Hyundai Motor and General Motors are set to be two of the greatest beneficiaries of lower U.S. tariffs on imports, including vehicles, from South Korea. The South Korean-based automaker is the largest U.S. importer … Read more

Nvidia CEO Jensen Huang talks chip restrictions with Trump, blasts state-by-state AI regulations

Nvidia CEO Jensen Huang talks chip restrictions with Trump, blasts state-by-state AI regulations

Nvidia CEO Jensen Huang said he met with President Donald Trump on Wednesday and that the two men discussed chip export restrictions, as lawmakers consider a proposal to limit exports of advanced artificial intelligence chips to nations like China. “I’ve said it repeatedly that we support export controls, and that we should ensure that American … Read more

Jeffrey Epstein island photos and videos released as top banks share files with House Oversight Committee

Jeffrey Epstein island photos and videos released as top banks share files with House Oversight Committee

Photo released by the House Oversight Committee Democrats shows the property of Jeffrey Epstein’s private island home on Little St. James. Source: House Oversight Committee Democrats House Democrats on Wednesday revealed new photos and videos from Jeffrey Epstein’s private island in the U.S. Virgin Islands, and revealed that two major banks have handed over records … Read more

Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision

Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision

NEW YORK — Treasury Secretary Scott Bessent on Wednesday predicted that the administration still will be able to implement its tariff agenda regardless of whether it prevails in a pending case before the Supreme Court. Repeating assertions he had made prior to the high court hearing a month ago, Bessent cited several sections of 1962 … Read more

Trump pardons Texas Democratic Rep. Cuellar in bribery and conspiracy case

Trump pardons Texas Democratic Rep. Cuellar in bribery and conspiracy case

Rep. Henry Cuellar, D-Texas, is seen after a meeting of the House Democratic Caucus in the U.S. Capitol on Wednesday, June 8, 2022. Tom Williams | Cq-roll Call, Inc. | Getty Images President Donald Trump pardoned Texas Democratic Rep. Henry Cuellar and his wife in a federal bribery and conspiracy case on Wednesday, citing what he called a “weaponized” justice system. … Read more

Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says

Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says

Commerce Secretary Howard Lutnick on Wednesday denied that the Trump administration’s tariff policies were to blame after a new report showed a surprise drop in private payrolls in November. Instead, Lutnick argued on CNBC’s “Squawk on the Street” that the government shutdown temporarily slowed small-business activity. He added that the federal efforts to enact mass … Read more