CNBC News

Anything that would hurt U.S. relationships with trading partners such as Mexico and Canada would be against the interest of the United States, a U.S. central banker said on Tuesday. “My sensitivity would be, any actions we could take as a country to jeopardize those relationships are not in our […]

China’s insurance regulator on Wednesday greatly expanded rules that govern shareholding in the country’s insurers in a bid to make ownership structures more transparent. The rules, which now have 94 provisions from 37 before, come after the China Insurance Regulatory Commission (CIRC) seized Anbang Insurance Group, a firm dogged with […]

Former U.S. Vice President Joe Biden returned to his home state on Tuesday to help Democrats win over working-class voters in a tight contest for a House seat in Pennsylvania’s Trump country. In two campaign rallies, the ex-senator from Delaware aimed to drum up enthusiasm for 33-year-old Conor Lamb — […]

Senior advisor to U.S. President Donald Trump, Jared Kushner, will visit Mexico on Wednesday and meet President Enrique Pena Nieto, the Mexican foreign ministry said, after a ratcheting up of tensions over trade and plans for a border wall. A senior U.S. administration official confirmed Kushner’s visit late on Tuesday, […]

Peter Navarro suffered any number of humiliations in his first year in the White House, where the trade advisor was out of favor with President Donald Trump and his superiors for months. But nothing was more degrading than an order handed down by White House Chief of Staff John Kelly: […]

Adult film star Stormy Daniels filed a civil lawsuit against Donald Trump alleging that a nondisclosure agreement she signed with the president’s attorney is invalid, NBC News reported on Tuesday evening. The suit claims her agreement not to disclose a supposed intimate relationship with Trump is invalid, because the president […]

The energy industry’s biggest event of the year is taking place in Houston this week, IHS Markit’s CERAWeek annual energy summit. CERAWeek brings together the most powerful figures in the oil and gas industry, including the heads of super major oil companies from around the globe, and top energy officials […]

White House chief economic advisor Gary Cohn‘s resignation may be a “turn for the worse” in the ongoing trade battles, said Larry Kudlow, CNBC senior contributor. “I wouldn’t necessarily say the cause for freer trade is over,” Kudlow said Tuesday on CNBC’s “Fast Money.” “But we’ll see who is appointed. […]

Gary Cohn is apparently the exception to Donald Trump’s rule about working in the Oval Office. President Trump boasted at length on Tuesday afternoon that “everybody wants to work in the White House” — just a couple hours before his key economic advisor announced he’s leaving. At a news conference […]

Gary Cohn‘s exit from the White House is the loss of one of the most important pro-investor voices in the Trump administration and could be a negative for stocks and the dollar. “It would seem to be not business friendly, not something good for investors. He was the voice against […]