CNBC

Jerome Powell, chairman of the US Federal Reserve.

Race to replace Jerome Powell as Fed chair heats up

President Donald Trump said he’d prefer to keep economic adviser Kevin Hassett in his position, a statement that could change the dynamic in the Federal Reserve chair race.

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The Nave Photon crude oil tanker, carrying a shipment of Venezuelan oil, docked at the Enterprise Marine Terminal in Freeport, Texas, US, on Wednesday.

Venezuela oil fetching 30pc higher price, US says

The US is securing about 30% higher prices for Venezuelan crude, as the country has started selling oil from the Latin American nation after capturing its former President Nicolas Maduro, US leaders say.

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This latest announcement follows a string of immigration and travel visa restrictions from the Trump Administration, including the pausing of diversity visas in late December.

US freezes new immigrant visas for 75 countries

The US State Department announced Wednesday it will pause issuing immigrant visas to citizens of 75 countries over concerns that they may rely on public assistance in the future.

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Corporate executives and other leaders say downsides to AI are a major risk for executives, according to the World Economic Forum’s latest report.

Revealed: This year’s top global risks for business

Half of business executives and other leaders expect turbulent times over the next two years, and only one per cent said they expect calm. The resulting is the world ‘sitting on a precipice’.

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Mark Zuckerberg wears a pair of Meta Ray-Ban Display AI glasses.

Mark Zuckerberg’s massive course correction to AI

A little over four years after Mark Zuckerberg changed Facebook’s name to Meta, reflecting his view the future of work, play and socializing was going virtual, the company is making a major course correction. 

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US President Donald Trump dances after delivering remarks to members of the Detroit Economic Club, where he said of Fed chair Jerome Powell: “That jerk will be gone soon.”

‘That jerk will be gone soon’: Trump’s fresh Powell attack

US President slams Federal Reserve chair as either “incompetent” or “crooked” as opposition to Department of Justice opposition to criminal investigation increases.

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Try sitting in the stillness on your commute instead of reaching for the phone

These tips will stop you from losing your mind using tech

As algorithms are programmed to feed us content, being fully present in your day-to-day while having to engage with all this tech can be tricky.

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In 2016, CoverGirl made history by appointing then 17-year-old YouTuber James Charles as its first-ever ‘CoverBoy’.

How the beauty industry tries to capitalise on men’s makeup

More men are now adding cosmetics to their routines, industry experts say. The men’s makeup market is now one of the most lucrative growth opportunities left in beauty.

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Shoppers at an Aldi store in Washington, DC. By the end of 2028, the German chain hopes to have an additional 800 stores in the US.

Aldi’s big plans for US supermarket domination

As Americans try to trim their grocery budget, Aldi plans to open more than 180 stores in the US this year — including on the traditional turf of rival supermarkets and big-box stores.

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US Fed chair Jerome Powell in a recorded message posted to X saying he is under investigation by Federal authorities.

US Fed Reserve chair says he’s under criminal investigation

Prosecutors have opened a criminal investigation of Federal Reserve Chairman Jerome Powell, he confirmed.

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The booming GLP-1 space was built on weekly injections. In 2026, new obesity pills will push the market into its next chapter.

Obesity pills: How they could reshape the GLP-1 market

The booming GLP-1 space was built on weekly injections. In 2026, new obesity pills will push the market into its next chapter.

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The Tanbreez rare earth minerals site rings a fjord, near Narsarsuaq, the gateway settlement to southern Greenland, on Monday, May 5, 2025. As ice melts due to climate change, Greenland’s reserves of rare earths, gold, and diamonds are expected to become more accessible. Photographer: Carsten Snejbjerg/Bloomberg Carsten Snejbjerg

US considers Greenland critical minerals mining investment

The US government is considering investing in a company’s critical minerals mining projects in Greenland, its CEO has said ahead of high-stakes talks over the island’s future.

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If Venezuela was triggering a broader repricing of risk, it would show up in falling bond yields and rising inflation expectations — none of which is happening, according to market watchers.

The five signals investors are watching for after Venezuela

Markets are weighing whether the Venezuela episode marks a turning point in how political power is priced into assets, or whether it will become another headline shock that fades quickly from portfolios.

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Nvidia test cars, part of the autonomous vehicle fleet, at the company's auto garage in California.

Chip giant Nvidia revs up self-driving car plans

Nvidia has unveiled plans to test a robotaxi service with a partner as soon as 2027, highlighting the chipmaker’s ambition to become a major player in the world of self-driving cars. 

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Don’t believe these 6 nutrition lies.

Don’t believe these six nutrition lies

If you want to live longer and feel better, stop doing this.

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