Trump sues to block U.S. Congress subpoena for his financial records

Trump sues to block U.S. Congress subpoena for his financial records

President Donald Trump on Monday filed suit to keep U.S. lawmakers from obtaining his financial records, the first salvo in what promises to be an escalating legal battle with Democrats in Congress. The suit seeks to block a subpoena issued by...

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China eyeing Trump’s late May Japan trip for potential Xi summit

China eyeing Trump’s late May Japan trip for potential Xi summit

Chinese officials are identifying international travel dates on President Donald Trump’s calendar that might offer potential for a summit off of U.S. soil, three sources briefed on the negotiations said. At the top of the list is...

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IMF Wants China-U.S. Trade Deal to Address Structural Issues

IMF Wants China-U.S. Trade Deal to Address Structural Issues

Any trade deal between China and the United States should be a long-lasting one that is consistent with multilateralism and addresses structural factors like intellectual property, a senior International Monetary Fund official said on Friday...

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Trump says he opposes nationalizing U.S. 5G network

Trump says he opposes nationalizing U.S. 5G network

President Donald Trump said Friday the United States should not nationalize its 5G network and said private companies should move quickly to deploy the faster next-generation network. “In the United States our approach is private-sector driven...

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Trump to Seek to Stop States From Delaying Energy Projects

Trump to Seek to Stop States From Delaying Energy Projects

President Donald Trump will issue two executive orders in the heart of the Texas energy hub on Wednesday seeking to speed gas, coal and oil projects delayed by coastal states as he looks to build support ahead of next year’s election...

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‘Our country is full’: Trump says migrants straining system

‘Our country is full’: Trump says migrants straining system

Declaring “our country is full,” President Donald Trump on Friday insisted the U.S. immigration system was overburdened and illegal crossings must be stopped as he inspected a refurbished section of fencing at the Mexican border...

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Commodity Prices, Investment Poised to Extend Upswing

Commodity Prices, Investment Poised to Extend Upswing

A rebound in commodities prices and investment is poised to extend in coming months as the sector gets its traditional boost during the final stages of the global economic cycle along with other drivers. While some investors worry about a...

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Japanese Refiners Halt Iran Oil Imports as Waiver Expiry Looms

Japanese Refiners Halt Iran Oil Imports as Waiver Expiry Looms

Japanese refineries have put a halt on imports of Iranian oil after buying 15.3 million barrels between January and March ahead of the expiry of a temporary waiver on U.S. sanctions, according to industry sources and data on Refinitiv Eikon. The...

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Trump Discusses China and ‘Political Fairness’ with Google CEO

Trump Discusses China and ‘Political Fairness’ with Google CEO

President Donald Trump said he met Wednesday with the chief executive of Alphabet Inc.’s Google, Sundar Pichai, to discuss the U.S. military amid an extended political furor over the tech giant’s efforts in China. The meeting didn’t appear...

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White House and Pelosi’s staff in early talks about legislation to cut high drug costs

White House and Pelosi’s staff in early talks about legislation to cut high drug costs

The Trump administration is in early talks with House Speaker Nancy Pelosi’s staff about legislation to lower prescription drug costs, a White House official tells CNBC. The official wouldn’t offer details on what’s under...

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Trump taps a strident Powell critic for spot on Fed board

Trump taps a strident Powell critic for spot on Fed board

U.S. President Donald Trump on Friday tapped Stephen Moore, a conservative economic commentator and fellow critic of Federal Reserve policy under Chairman Jerome Powell, to join the U.S. central bank’s board of governors, a move that would...

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