Ukraine is at the center of a complaint made by a whistleblowing intelligence officer who filed the report after learning of a promise President Donald Trump made to a foreign leader, The Washington Post reported Thursday evening. The newspaper cited two people familiar with the matter whom it did not […]
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People are lining up outside Apple stores around the world as the iPhone 11 goes on sale
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit shelves Friday. At the Apple flagship store on Regent Street, a handful of diehard iPhone fans started waiting in […]
‘The era of economic surrender is over,’ says Mike Pence on trade with China
Vice President Mike Pence speaks with CNBC’s Eamon Javers on May 3rd, 2019. Mary Catherine Wellons | CNBC U.S. Vice President Mike Pence on Thursday struck an unyielding tone on America’s position in its trade war with China. “The era of economic surrender is over,” Pence told CNBC’s Joe Kernen […]
A bank scandal, an oligarch and the IMF: Ukraine’s president has a lot to deal with right now
Ukraine’s President Volodymyr Zelensky looks on during his inauguration ceremony at the parliament in Kiev on May 20, 2019. GENYA SAVILOV | AFP | Getty Images Ukrainian President Volodymyr Zelensky is under pressure over how he will resolve a long-running dispute regarding a nationalized bank and its former oligarch owner. […]
Trump grants tariff exemptions to plastic straws, dog leashes and more from China
U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer arrive for a group photo session after a meeting with Chinese Vice Premier Liu He in Beijing on May 1, 2019. Andy Wong | AFP | Getty Images BEIJING — The U.S. is temporarily exempting more than 400 types […]
US-China tensions may drag on — investors simply need to ‘live with it,’ says private equity giant
Tensions between the U.S. and China might well drag on over the next decade, so investors have to learn to operate under such prolonged uncertainty, said the co-chief executive of private equity giant Warburg Pincus. The world’s top two economies have engaged in a trade war that started a year […]
US economy doesn’t need any rate cuts, says billionaire investor Howard Marks
The famous bull statue on Wall Street, near the New York Stock Exchange in New York City. Adam Jeffery | CNBC The U.S. economy doesn’t need any rate cuts, billionaire investor and Oaktree Capital’s co-chairman Howard Marks told CNBC, predicting there won’t be a recession for another two years. “If […]
‘Multiple’ people shot on streets of Washington, local media report
Sergio Flores | Reuters Gunfire erupted on the streets of Washington, D.C., on Thursday night and at least several people were shot, local media reported. Reuters could not immediately reach police to confirm the reports. Local TV station FOX-5 reported, citing police, that six people were shot in the incident. ABC affiliate […]
One dead, five hurt in shooting on streets of Washington
Sergio Flores | Reuters One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said. Police have not apprehended a suspect as of late Thursday and do not know the motive for the shooting, said Metropolitan Police […]
Iran says its foreign minister will be attending the UN meeting in New York amid visa doubts
Iranian women walk past a mural of depicting the Iranian national flag in a street in capital Tehran, September 19, 2019. STR | AFP | Getty Images Iran says its foreign minister will attend next week’s United Nations General Assembly meeting in New York, amid doubts about whether the U.S. […]