Treasury Secretary Scott Bessent said Tuesday he expects President Donald Trump to make a decision on the new Federal Reserve chair by the holiday season. In a CNBC interview, Bessent, who has been heading the search for a successor to current Chair Jerome Powell, said he still has one interview to go and was not…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Lovers of ice cream brands like Magnum, Cornetto, Carte D’Or, Ben & Jerry’s, Breyers and Wall’s can now own shares in them directly following Monday’s demerger of The Magnum Ice Cream Company (TMICC) from former parent Unilever. In…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images JPMorgan Chase is reducing its exposure to the private credit industry by marking down the value of loans held by the bank as…
President Donald Trump’s call for a temporary 10% cap on credit card interest rates, if implemented, could have significant impacts — both positive and negative — for borrowers. “Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%,” Trump wrote…
A man walks among buildings destroyed in a joint attack by Israel and the United States on April 6, 2026, in Tehran, Iran. Majid Saeedi | Getty Images Policymakers around the world are closely watching developments in the Middle East as they gauge the most prudent response to the economic fallout of the war. CNBC…
The 2026 UFL season will be a season of firsts across the board, and we had an instance of that on Saturday. With 9:08 remaining in the first quarter of the DC Defenders’ Week 1 road matchup against the St. Louis Battlehawks, kicker Matt McCrane connected on a 60-yard field goal. The significance? It was…
Only four teams are still in the hunt for the Lombardi Trophy, but there’s still plenty of news across the NFL. In fact, every bit of injury news becomes even more consequential as the postseason progresses. Who’s hurt? Who’s practicing? Who’s starting? Let’s take a look at some of the most noteworthy updates around the…
Once Darrion Williams decided to transfer from Texas Tech to NC State after withdrawing from the NBA Draft, there was always going to be additional criticism and focus on his play. Wolfpack coach Will Wade is tired of hearing that criticism, though, especially given that Williams “affects winning” and deserves to be appreciated for his…
WREXHAM, Wales — Wrexham’s celebrity owners are swapping the boardroom for the commentary booth to mark five years since their game-changing takeover of the Welsh soccer club. Ryan Reynolds and Rob Mac, who was formerly called Rob McElhenney, will take the mic for Wrexham’s home match against fellow Welsh team Swansea in the Championship on…
In a game pitting two of the top teams in the AFC, the Jacksonville Jaguars pushed their winning streak to six games with a 34-20 victory on the road against the Denver Broncos on Sunday. The victory kept the Jaguars (11-4) in the driver’s seat to win the AFC South and earn a home playoff…
