A Venezuelan flag in La Guaira, Vargas State, Venezuela, on Sunday, Nov. 30, 2025. Bloomberg | Getty Images U.S. forces have seized an oil tanker off the coast of Venezuela, President Donald Trump said Wednesday. “We’ve just seized a tanker on the coast of Venezuela,” Trump said during a meeting in the Roosevelt Room at…
A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, putting it in a range between…
People wait in the security check in line in Terminal 5 at JFK Airport on Aug. 29, 2025 in New York, New York. Michael M. Santiago | Getty Images The U.S. is planning to impose social media inspections on some tourists as President Donald Trump continues to ramp up travel restrictions for foreign visitors. Tourists…
The backdrop for private equity exits is turning more favorable — and a Federal Reserve rate cut could give dealmaking activity more momentum. Investors are firmly focused on the Fed’s rate-setting Federal Open Market Committee, which is predicted to lower borrowing costs by a quarter percentage point at its latest meeting on Wednesday, bringing the…
Jensen Huang, chief executive officer of Nvidia Corp., outside the US Capitol in Washington, DC, US, on Wednesday, Dec. 3, 2025. Bloomberg | Bloomberg | Getty Images Nvidia on Wednesday refuted a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has banned…
The European Union has agreed to a legally binding climate target to cut emissions 90% by 2040, even as it pushes back a planned critical emissions trading scheme. The European Parliament and EU Member States came to a provisional agreement on the target and an amendment of the EU Climate Law on Tuesday night. “Today,…
Indonesia and United States flags together realtions textile cloth fabric texture Oleksii Liskonih | Istock | Getty Images The trade deal between Indonesia and the U.S. is at risk of unravelling as Washington officials view that Jakarta is going back on the terms of the agreement, according to The Financial Times. The report, citing people…
U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy pose for a picture with European leaders following a meeting in the Oval Office at the White House on August 18, 2025 in Washington, DC. Win McNamee | Getty Images While it’s been clear to Europe for some time that U.S. President Donald Trump is not…
An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Friday, Nov. 18, 2016. Andrew Harrer | Bloomberg | Getty Images On Wednesday stateside, the U.S. Federal Reserve is widely expected to lower its benchmark interest rates by a quarter percentage point to a range…
Park Dae-jun, CEO of South Korean online retail giant Coupang has resigned, three weeks after the company became aware of a massive data breach that affected nearly 34 million customers. Coupang The CEO of South Korean online retail giant Coupang resigned Wednesday, three weeks after the company became aware of a massive data breach that…
