Bessent believes there won’t be a recession in 2026 but says some sectors are challenged

Bessent believes there won’t be a recession in 2026 but says some sectors are challenged

Scott Bessent, US treasury secretary, arrives to speak during a site expansion groundbreaking ceremony at the Boeing South Carolina (BSC) manufacturing facility in North Charleston, South Carolina, US, on Friday, Nov. 7, 2025. Sean Rayford | Bloomberg | Getty Images Treasury Secretary Scott Bessent said on Sunday the U.S. was not at risk of entering … Read more

‘Stakes are high.’ With shutdown over, airlines predict record numbers of travelers this Thanksgiving

‘Stakes are high.’ With shutdown over, airlines predict record numbers of travelers this Thanksgiving

A travelers check flight information at LAX as the shutdown passes the one-month mark, leaving essential workers unpaid in Los Angeles, California, on November 5, 2025. Grace Hie Yoon | Anadolu | Getty Images U.S. airlines are predicting another record Thanksgiving holiday travel period and are upbeat now that the travel-snarling government shutdown has ended. … Read more

Oil prices and energy stocks fall on Trump’s new Ukraine peace plan

Oil prices and energy stocks fall on Trump’s new Ukraine peace plan

This aerial picture shows the oil tanker Boracay anchored off the Atlantic Coast off Saint-Nazaire, western France on October 1st, 2025. French authorities said Wednesday they were investigating the oil tanker Boracay anchored off the Atlantic Coast and suspected of being part of Russia’s clandestine “shadow fleet”. Damien Meyer | Afp | Getty Images Oil … Read more

Ukraine’s Zelenskyy says Kyiv ‘geared up for clear and honest work’ as U.S. pushes for progress on peace plan

Ukraine’s Zelenskyy says Kyiv ‘geared up for clear and honest work’ as U.S. pushes for progress on peace plan

U.S. President Donald Trump (L) greets Ukrainian President Volodymyr Zelenskyy outside the West Wing of the White House on October 17, 2025, in Washington, DC. Win Mcnamee | Getty Images News | Getty Images Ukrainian President Volodymyr Zelenskyy said Thursday that Kyiv is “geared up for clear and honest work” to develop a peace plan … Read more

Feds charge 4 in plot to export restricted Nvidia chips to China, Hong Kong

Feds charge 4 in plot to export restricted Nvidia chips to China, Hong Kong

Four men have been indicted on federal criminal charges related to a plot to export Nvidia chips worth millions of dollars to China and Hong Kong in violation of tight U.S. restrictions, court documents show. The chips are highly restricted from exports because of their use in artificial intelligence and supercomputing applications, according to the … Read more

Dow gives up 700-point gain, turns negative as Nvidia fizzles, rate-cut hopes dim: Live updates

Dow gives up 700-point gain, turns negative as Nvidia fizzles, rate-cut hopes dim: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) on November 20, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Stocks fell on Thursday, as a market-wide rally sparked by blockbuster Nvidia results and guidance gave up steam and as investors lost hope that the Federal … Read more

Hyundai showcases off-road ambitions with new rugged concept SUV

Hyundai showcases off-road ambitions with new rugged concept SUV

The Hyundai Crater concept SUV was revealed at the LA Auto Show on Thursday, Nov. 20, 2025. Michael Wayland / CNBC LOS ANGELES — Hyundai Motor has ambitions to increase the rugged, off-road capabilities of its vehicles in the U.S., based on a new “Crater” concept SUV revealed Thursday. The rugged compact vehicle mixes Hyundai … Read more

A cold gold rush? The race for the Arctic’s critical minerals is heating up

A cold gold rush? The race for the Arctic’s critical minerals is heating up

Traditional painted houses overlooking sea ice in the Old Nuuk district near the Sermitsiaq mountain in Nuuk, Greenland, on Thursday, April 3, 2025. Bloomberg | Bloomberg | Getty Images A global scramble to exploit the Arctic’s untapped resources appears to be kicking into overdrive. In a push to break China’s mineral dominance, countries around the … Read more

House Democrat Sheila Cherfilus-McCormick charged with stealing $5M in Covid aid funds

House Democrat Sheila Cherfilus-McCormick charged with stealing M in Covid aid funds

Congresswoman Sheila Cherfilus-McCormick, Fla.-20th, hosts a news conference regarding the ongoing crisis in Haiti on March 11, 2024, in Fort Lauderdale, Florida. South Florida Sun-sentinel | Tribune News Service | Getty Images A federal grand jury charged U.S. Rep. Sheila Cherfilus-McCormick, D-Fla., with stealing $5 million in Covid-19 disaster funds — a chunk of which … Read more

Watch live: Trump speaks at U.S.-Saudi Investment Forum

Watch live: Trump speaks at U.S.-Saudi Investment Forum

[The stream is slated to start at 12 p.m. ET on Wednesday. Please refresh the page if you do not see a player above at that time.] President Donald Trump is speaking on Wednesday at the U.S.-Saudi Investment Forum in Washington, D.C. Trump’s appearance at the Kennedy Center comes a day after he hosted Crown … Read more