China defends rare earth export curbs as ‘legitimate,’ hits back at U.S. tariffs ahead of possible Trump-Xi meeting

China defends rare earth export curbs as ‘legitimate,’ hits back at U.S. tariffs ahead of possible Trump-Xi meeting

U.S. and China national flags adorn motorcades in Beijing, China. Pool | Getty Images News | Getty Images China on Sunday defended its new export controls on rare earths as a “legitimate” measure under international law, pushing back against U.S. accusations of economic coercion after Washington announced sweeping retaliatory tariffs and export restrictions. The Chinese…

Read More
The ACA, immigrants and health care

The ACA, immigrants and health care

The federal government may soon shut down, in large part because of a debate between Republicans and Democrats over Obamacare subsidies and whether some immigrants should get those financial benefits. Republicans claim Democrats want to give health care to “illegal immigrants.” Democrat, in turn, say that’s a lie. Democrats say they are only trying to…

Read More
Cleveland Fed’s Beth Hammack on interest rates, inflation and tariffs

Cleveland Fed’s Beth Hammack on interest rates, inflation and tariffs

Federal Reserve Bank of Cleveland President Beth Hammack attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Policy Symposium, “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy”, in Jackson Hole, Wyoming, U.S., August 21, 2025. Jim Urquhart | Reuters Cleveland Federal Reserve President Beth Hammack on Monday said the U.S. central…

Read More
State of play as deadline looms

State of play as deadline looms

U.S. Senate Majority Leader John Thune (R-SD) speaks to members of the media alongside fellow Republicans during a press conference following Republicans weekly policy lunch on Capitol Hill in Washington, D.C., U.S., September 3, 2025. Nathan Howard | Reuters As congressional Democrats push to tie extending Affordable Care Act insurance subsidies to the government funding…

Read More
From American Dream to Indian Dream

From American Dream to Indian Dream

This report is from this week’s edition of CNBC’s “Inside India” newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse. Like what you see? You can subscribe here. The big story Lately, every move out of Washington seems to send aftershocks straight to New Delhi. The latest shake-up? A $100,000 one-time…

Read More
Back To Top