People celebrate the New Year at a ceremony at the Juyongguan Great Wall section, also known as Juyong Pass, in Beijing, China, January 1, 2026. Maxim Shemetov | Reuters Asia-Pacific markets mostly slipped Monday, as investors assessed threats from the Trump administration toward Greenland over the weekend, as well as key economic data from China…
National Economic Council Director Kevin Hassett said Sunday that the Trump administration expects the US Supreme Court to rule in its favor in a case that challenges the legality of President Trump’s tariffs. The court’s decision could not only invalidate most of the tariffs but possibly force the government to issue refunds of up to…
National Economic Council Director Kevin Hassett said Sunday that the Trump administration expects the US Supreme Court to rule in its favor in a case that challenges the legality of President Trump’s tariffs. The court’s decision could not only invalidate most of the new tariffs, but possibly force the government to issue refunds of up…
WASHINGTON (Reuters) -The economic impact of the U.S. government shutdown is far worse than expected, but the U.S. economy is likely to rebound quickly once it ends, White House economic adviser Kevin Hassett said on Friday. Construction projects are starting to slow down and travel is suffering, Hassett said in an interview with Fox Business…
By Maiya Keidan and Doina Chiacu TORONTO/WASHINGTON (Reuters) -Prime Minister Mark Carney said on Friday that Canada stands ready to resume trade talks with the United States that President Donald Trump halted over an anti-tariff advertisement issued by Ontario’s provincial government. Trump terminated the talks on Thursday over the video which used Republican icon, former…
After nearly a year waiting to meet US President Donald Trump, Australian Prime Minister Anthony Albanese sought to argue his country’s strategic value Monday – only for the “America first” leader to dominate the encounter by opining that Beijing had no plans to invade Taiwan and posed no real threat in the Indo-Pacific. “China doesn’t…
My top 10 things to watch Monday, Oct. 20 1. Wall Street was poised to add to Friday’s rally on a continued easing of credit concerns and China trade tensions. In fact, the S & P 500 rose 1.7% last week. Earnings season ramps up this week, with five Club names reporting quarterly results, including…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Help wanted Last week’s salvo of job market data was weaker-than-expected across the board. While that raised some investors’ hopes for a forthcoming interest rate cut from…
US National Economic Council Director Kevin Hassett warned that the president will not soften his stance if India refuses concessions, as US tariffs on Indian imports doubled to 50 per cent amid strained ties. “If the Indians don’t budge, I don’t think President Trump will,” said top Trump adviser Hassett on Wednesday, pointing at the…
White House National Economic Adviser Kevin Hassett prepares to give a live television interview at the White House in Washington, D.C., U.S., August 4, 2025. Jonathan Ernst | Reuters President Donald Trump’s top economic adviser, Kevin Hassett, said Wednesday that Federal Reserve Board of Governors member Lisa Cook should go on leave from the central…