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Environmental groups are legally challenging a permit that Mississippi granted to xAI allowing the company to build a massive, methane gas-burning power plant in the state. The permit application had "deficiencies," like inaccurate air pollution estimates, the groups said, adding that regulators rushed what should have been a careful process. Now part of SpaceX, xAI wants to build the power plant to provide electricity for its data center in nearby Memphis, Tennessee, and another one coming in Southaven, Mississippi. Elon Musk's xAI, now owned by SpaceX, is facing a new legal challenge from environmental groups in Mississippi, where the company...

President Donald Trump on Wednesday said it's "not possible" for the federal government to fund Medicare, Medicaid and child care costs, arguing that it should be up to the states to "take care" of those programs while the federal government focuses on military spending.

The Colorado Court of Appeals has thrown out election denier Tina Peters' nine-year prison sentence, finding that the lower court violated her First Amendment right to free speech related to her allegations of election fraud. “The trial court’s comments about Peters’s belief in the existence of 2020 election fraud went beyond relevant considerations for her sentencing,” a three-judge panel wrote in a 77-page opinion. “Her offense was not her belief, however misguided the trial court deemed it to be, in the existence of such election fraud; it was her deceitful actions in her attempt to gather evidence of such fraud....

Oil surged 10% Thursday as U.S. President Donald Trump warned of further military aggression against Iran in the next two to three weeks, dampening hopes for an imminent de-escalation in the conflict. U.S. West Texas Intermediate crude futures for May were up 10% at $110.21 a barrel as of 8:13 a.m. ET. June futures for international benchmark Brent crude rose 8% to $109.25 per barrel. Trump in his speech attributed the increase in oil prices to the “Iranian regime launching deranged terror attacks against commercial oil tankers and neighboring countries that have nothing to do with the conflict.” He said...

In an interview with NBC News’ Raf Sanchez, President Zelenskyy says that he hopes President Trump cares about the future of Ukraine, but “they care about the United States more.”

Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices.The producer price index, a measure of pipeline costs that producers receive for their products, increased a seasonally adjusted 0.7% on the month, the Bureau of Labor Statistics reported Wednesday. Excluding volatile food and energy costs, the so-called core PPI increased 0.5%.Economists surveyed by Dow Jones had been looking for increases of 0.3% for both measures.For the all-items index, prices rose faster than the 0.5% pace in January. However, the core increase was less than the 0.8% for the prior month.

Democratic senators say Republicans controlling both houses and presidency voted down multiple resolutions to fund TSA, Coast Guard and FEMA Sens. Adam Schiff, D-Calif., and Cory Booker, D-N.J., deflected blame when pressed whether their party should vote to end the Department of Homeland Security (DHS) shutdown on Sunday, which has left workers without paychecks for weeks. "We saw terror attacks in West Bloomfield, Michigan, in Norfolk, Virginia. This morning, the CEOs of the nation's major airlines and cargo carriers have written a letter to Congress calling for them to end the shutdown, talking about the importance of American security in...

Nonfarm payrolls were expected to increase 50,000 in February while the unemployment rate held steady at 4.3%, according to Dow Jones consensus estimates

Larry Summers, the former Treasury secretary who has been dogged by his past friendship with Jeffrey Epstein, will resign from teaching at Harvard University by the end of the current academic year, according to reports on Wednesday...Summers previously served as president of Harvard.

President Donald Trump said Friday he will sign an executive order imposing a new 10% “global tariff,” hours after the Supreme Court struck down his sweeping “reciprocal” import duties in a major rebuke of his trade agenda. The new tariffs will come on top of the existing levies that remain intact following the high court’s decision, Trump said as he raged at the ruling during a White House press briefing.

Economic growth cooled near the end of 2025 while inflation held firm, according to data released Friday that could complicate the Federal Reserve’s interest rate path. Gross domestic produce rose at an annualized rate of just 1.4%, according to Commerce Department numbers adjusted for seasonality and inflation. Economists surveyed by Dow Jones had been looking for a 2.5% gain.

When asked whether Martin still served in the role, a Justice Department spokesman told NBC News that he continued on in a separate role, as pardon attorney. Trump loyalist Ed Martin is out as leader of the Justice Department’s “weaponization” effort that is investigating prosecutors who launched past probes into President Donald Trump and his allies, two people familiar with the discussions tell NBC News. When asked whether Martin still served in the role, a Justice Department spokesman told NBC News that Martin continued to serve in a separate role, as pardon attorney.“President Trump appointed Ed Martin as Pardon Attorney...

Following a month where the trade deficit hit its lowest level since early 2009, it shot up to $56.8 billion, an increase of 94.6% from October...On a year-over-year basis, the deficit through November stood at $839.5 billion, or about 4% higher than the same period in 2024.

Top business leaders this week delivered an expletive-laden plea in defense of climate action, describing the backlash to Europe’s green transition as an “aberration.” In an interview with CNBC at the World Economic Forum in Davos, Switzerland, Allianz CEO Oliver Bäte said he disagreed with the suggestion that it may just be a matter of time before net zero is dismissed in Europe, saying short-term thinking on this issue is “bulls---.” Asked about political leaders backtracking on their much-vaunted European Green New Deal and Norway’s oil fund reportedly defending a push from companies to water down their climate goals, Bäte...

The video is a reaction/commentary piece analyzing a recent CNBC interview clip featuring Joe Kernen interviewing Senator Elizabeth Warren (D-MA). Key points covered: Warren criticizes Donald Trump for allegedly trying to exert political control over the Federal Reserve (e.g., threatening to fire Chair Jerome Powell and demanding influence over interest rates). She argues the Fed must remain independent and base decisions purely on economic data like inflation and unemployment, rather than political pressure, to avoid short-term boosts that harm long-term stability. The CNBC host (Kernen) and the video's narrator push back, accusing Warren of hypocrisy. They point out that during...

It’s always great TV when the business journos over at CNBC take a wrecking ball to the media’s never-ending croaking against the Trump administration for an affordability issue they pretended wasn’t such a big deal under its predecessor. CNBC co-anchor Joe Kernen didn’t mince any words during the January 10 edition of Squawk Box. “[T]he affordability issue is from the 22% increase in prices and inflation under Biden. There's just — full stop. right there. That's the affordability issue. And you ought to be able to explain that,” Kernen rebuked. Gas prices alone had also spiked at least 31 percent...

CNBC (MS NOW) host Joe Kernen confronted Democratic Virginia Sen. Mark Warner on Monday as the senator criticized the surge in arrests of illegal immigrants made by Immigration and Customs Enforcement (ICE). The panelists on “Squawk Box” discussed the response to the death of Renee Good in Minneapolis, Minnesota, on Wednesday, who was shot by an ICE officer while allegedly accelerating her vehicle forward during a confrontation with agents. Warner claimed that ICE agents are detaining illegal immigrants who have not committed any crimes, but rather are arresting mothers dropping off their kids at school and people heading to work....

Federal prosecutors have opened a criminal investigation of Federal Reserve Chairman Jerome Powell, The New York Times reported on Sunday evening, citing officials briefed on the matter. The probe is eyeing “the central bank’s renovation of its Washington headquarters and whether Mr. Powell lied to Congress about the scope of the project,” the Times reported, citing those officials. The investigation is being overseen by the U.S. Attorney’s Office for the District of Columbia, according to the newspaper. That office is led by U.S. Attorney Jeanine Pirro, a former New York state prosecutor and Fox News host, who was appointed to...

More than 100 people were killed during the U.S. military operation in Venezuela that captured Nicolás Maduro and his wife, the country's Interior Minister Diosdado Cabello said Wednesday...Cuba revealed on Monday that 32 of its citizens were killed during the operation...Seven U.S. service members were injured

Daniel Osorio, Andean Capital Advisors president and founder, joins 'Squawk Box' to discuss the capture of Venezuelan President Nicolas Maduro, what's next for the country, impact on the global oil industry and cryptocurrency, and more. Every Venezuelan with the exception of a few thousand people are ecstatic:Andean's Daniel Osorio | 9:27CNBC Television | 3.31M subscribers | 2,019 views | January 6, 2026