New York City Mayor Zohran Mamdani speaks during the annual New York State Financial Control Board meeting on August 12, 2026 in New York City. Michael M. Santiago | Getty Images New York City’s pied-à-terre tax can continue its planned rollout while it faces a legal challenge, an appellate judge ruled Thursday. The ruling comes
Politics
State Rep. Francesca Hong was supposed to win Tuesday’s Wisconsin Democratic gubernatorial primary by around 20 percentage points, according to the latest public polling. Instead, the Democratic socialist lost by less than 1 percentage point. Hong’s stunning loss to the more moderate Milwaukee County Executive David Crowley is the latest in a string of massive
Construction continues on a new helipad on the South Lawn of the White House and the East Wing ballroom on August 10, 2026, in Washington, DC. Andrew Harnik | Getty Images President Donald Trump on Friday asked the Supreme Court to allow construction of his White House ballroom to continue, one week after a federal
Luigi Mangione pleaded guilty Friday in New York federal court to stalking UnitedHealthcare CEO Brian Thompson before fatally shooting him on a midtown Manhattan street in December 2024. Mangione’s lawyers immediately afterward filed a motion in New York state court saying that charges of murder and multiple firearms counts against the Ivy League graduate in
Nigel Farage (C), leader of the Reform UK party, celebrates the victory of Sarah Pochin, the party’s candidate, in the Runcorn & Helsby by-election at the DCBL Stadium in Widnes, north-west England, in the early hours of May 2, 2025. Oli Scarff | Afp | Getty Images Nigel Farage, leader of Britain’s right-wing Reform UK
Treasury Secretary Scott Bessent speaking with CNBC on Aug. 4th, 2026. CNBC The U.S. will be applying economic measures “that have never been seen on Iran,” according to Treasury Secretary Scott Bessent. “It will be a combination of economic isolation like the world has never seen before, and the continued blockade in the Strait of
US President Donald Trump during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Monday, Aug. 10, 2026. Bonnie Cash | Bloomberg | Getty Images Two top Democratic lawmakers are pushing President Donald Trump for answers on the mountain of stock trades made in his name since
President Donald Trump was sued on Wednesday by a media outlet and a non-profit group seeking to block a controversial new service that sells advance notifications of his posts on Truth Social. The lawsuit, filed in U.S. District Court in Manhattan, notes that Trump’s posts on his own social media site often move financial markets
The navigation bridge of a sunken vessel is all that is seen at the surface of the water in the Port of Mokha the day after an attack by the Houthis on the city Mokha, held by Yemen’s internationally recognised, Aden-based government on August 10, 2026. Khaled Ziad | Afp | Getty Images Iran-backed Houthi
(COMBO) This combination of pictures created on November 19, 2025 shows Democratic candidate for Mayor of New York City Zohran Mamdani on October 19, 2025 in New York City and US President Donald Trump in Washington, DC, October 24, 2025. Angela Weiss, Saul Loeb | Afp | Getty Images President Donald Trump on Tuesday decried
President Donald Trump delivers remarks at Red Rock Casino Resort Spa in Las Vegas, Nevada, Aug. 5, 2026. Evelyn Hockstein | Reuters The Trump administration on Monday narrowed its waiver of the Jones Act while extending it for another 90 days, leaving in place fewer U.S. shipping restrictions in an effort to keep fuel flowing
US President Donald Trump speaks before signing an executive order calling for more research and flexibility on vaccines, in the Oval Office of the White House in Washington, DC, on August 10, 2026. Jim Watson | Afp | Getty Images President Donald Trump said Monday the U.S. Navy had swept the Strait of Hormuz clear
A group of House Democrats is calling for the leaders of OpenAI, Anthropic and other major AI companies to testify before Congress following a spate of hacking incidents that the lawmakers say “have serious implications for Americans’ safety and security.” “Unfortunately, Congress has so far completely failed to respond to the threats posed by AI
US Representative Alexandria Ocasio-Cortez (D-NY) speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Rep. Alexandria Ocasio-Cortez said Sunday she has not “ruled out” a run for president in 2028 as the Democratic Party‘s left
U.S. Sen. Martin Heinrich (D-NM) speaks to reporters after a roundtable on rising energy costs on Capitol Hill on March 17, 2026 in Washington, DC. Anna Moneymaker | Getty Images Sen. Martin Heinrich will introduce a bill, shared exclusively with CNBC, to end tax breaks for U.S. oil and gas companies that operate overseas while
President Joe Biden stands with his son Hunter Biden after the president arrived at the Delaware Air National Guard Base in New Castle, Delaware, June 11, 2024. Anna Rose Layden | Reuters Former President Joe Biden’s prostate cancer has spread further, his son Hunter Biden said in a BBC interview, offering a stark update on
Acting Attorney General Todd Blanche appears at his confirmation hearing in front of the Senate Judiciary Committee on Capitol Hill July 15, 2026 in Washington, DC. Eric Lee | Getty Images Sen. Bill Cassidy, R-La., said Friday he will vote to confirm Todd Blanche as attorney general, giving President Donald Trump’s embattled nominee a crucial
Federal Reserve Board Governor Lisa Cook participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC. Kevin Dietsch | Getty Images President Donald Trump is “considering” firing Federal Reserve Board Governor Lisa Cook, the White House said this week, reviving an effort that had been stymied by the Supreme