CNBC News

Now comes the finger-pointing. After approving three short-term patches to the federal budget, the Senate said “nay” late Friday to a fourth temporary spending bill, forcing the government to shut down in large part. The bill’s defeat sets up a fresh round of recrimination, with each party holding the other […]

Though he chooses to live frugally, Warren Buffett’s multibillion-dollar fortune could afford him any number of luxuries. Buffett’s wealth is enough that he could easily snatch up his favorite sports franchise, as his ultra-rich counterparts Paul Allen and Stanley Kroenke have done. However, as explored on a previous episode of […]

Officials in New York, New Jersey and California are working to reshape their tax codes to ease residents’ pain from new limits to federal deductions for state, local and property taxes. Starting this year, the Tax Cuts and Jobs Act, the GOP’s new tax code, caps taxpayers’ deductions on their […]

Best known for his roles in movies such as “National Treasure” and “Leaving Las Vegas,” Nicolas Cage was once a top earner in Hollywood, worth $150 million. But Cage didn’t hold on to his fortune for long. He squandered it away on a string of expensive and often eccentric purchases, […]

White House chief of staff John Kelly played a major role in President Donald Trump shooting down the framework of a last-minute deal floated by Senate Minority Leader Chuck Schumer to fund the government Friday. As the clock ticked down to an eventual government shutdown at midnight Saturday, Trump invited […]

Over three million people around the world took to the streets in the name of women’s rights on January 21, 2017 for what would become America’s largest single-day demonstration and one of world history’s largest coordinated protests: the Women’s March. Thanks to Krista Suh, creator of the viral Pussyhat Project […]

A Facebook team led by a blind engineer may hold the key to one of the most pressing problems on the internet: Screening images and videos for inappropriate content. “More than 2 billion photos are shared across Facebook every single day,” Facebook engineer Matt King said. “That’s a situation where […]

President Donald Trump on Saturday took a swing at Democrats who blocked a last-minute measure to fund government operations, calling their near-uniform opposition an attempt to give him a “nice present” to commemorate his first anniversary as president. Late Friday evening, the Senate failed to pass a short-term spending bill […]

Last year’s Women’s March set the tone for 2017. Motivated by the 2016 U.S. election, women around the world took to the streets to vocalize their frustration. With numerous allegations of sexual misconduct in the workplace, a growing #MeToo movement and a blatant gender pay gap in 2017, women will […]

As a government shutdown took effect after midnight — with Democrats and Republicans pointing fingers at each other — most Americans are focusing on the political factors at play. Yet a shutdown could have serious consequences for several of the most important national health agencies , particularly if it drags […]