Trump, Musk actions put America at risk of 'a form of default,' former Treasury chiefs warn

• Trump tariffs are 'punitive,' former U.S. ambassador to Singapore says, warns of U.S. job losses

  Lavin said that "we're in for a bit of bad news in the near term," adding that the tariffs will also hurt the auto industry in the U.S.
  
  CNBC - 2h
• 

  The USAID Shutdown Puts Millions of African Lives at Risk

  HIV research programs have been halted, and many treatment clinics are still closed, despite a waiver for “life-saving” humanitarian aid.
  
  Wired - 2d
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  Trump Argues That Courts Cannot Block Elon Musk’s DOGE Team From Treasury Systems

  The president’s lawyers argued that the distinction between civil servants and political appointees was unworkable and unconstitutional. A hearing is set for Friday.
  
  The New York Times - 14h
• 

  Legal experts warn of 'constitutional crisis' as JD Vance and Elon Musk question judges' authority over Trump

  Legal and constitutional experts warned Sunday that the United States could be headed toward a "constitutional crisis" or a "breakdown of the system" after Vice President JD Vance suggested judges ...
  
  NBC News - 1d
• 

  Trump Administration Cuts Put Medical Progress at Risk, Researchers Say

  Grants from the National Institutes of Health come with additional money for overhead. A planned $4 billion cut would leave colleges with large budget gaps.
  
  The New York Times - 2d

• Former top NOAA scientist under Trump issues a "Sharpie-gate" warning

  Craig McLean said many scientists "are worried about President Donald Trump's return to office — after he undermined science in his first term."
  
  CBS News - 2d

• Trump knocks Time Magazine after it puts Musk on cover

  President Trump on Friday criticized Time Magazine after the publication put Elon Musk on its cover, saying he "didn't even know" it was still in business. Plus, tensions are growing between House ...
  
  CBS News - 3d

• Musk to rehire Treasury DOGE staffer behind racist posts after Trump endorses idea

  Marko Elez was on the DOGE team formed by Elon Musk and tasked by President Donald Trump with cutting federal spending and reducing the government workforce.
  
  CNBC - 3d

More from CNBC

• Asian economies scramble to appease Trump as the U.S. president ratchets up tariff threats

  Asian economies are striving to avert Trump tariffs as they have hefty trade surpluses with the U.S. and levy much higher duties on imports from the country.
  
  CNBC - 2h

• Musk-led investor group offers $97.4 billion for OpenAI — Altman declines

  According to The Wall Street Journal, Elon Musk and a group of investors are offering $97.4 billion to take control of OpenAI.
  
  CNBC - 8h

• British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset

  British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled energy company's strategy.
  
  CNBC - 5m

• Trump signs order pausing enforcement of foreign bribery ban

  The Foreign Corrupt Practices Act became law in 1977. In 2024, the Department of Justice announced 24 cases related to the anti-bribery statute.
  
  CNBC - 7h

• BYD shares hit record high after EV maker rolls out driver assistance tech with DeepSeek's AI help

  Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD's founder and chairman Wang Chuanfu said.
  
  CNBC - 2h

More in Business

• British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset

  British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled energy company's strategy.
  
  CNBC - 5m

• Kering slightly beats fourth-quarter forecasts but sales at embattled Gucci brand plunge 24%

  French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.
  
  CNBC - 26m
• 

  BP pledges ‘fundamental reset’ of strategy as profits sink

  Chief executive Murray Auchincloss vows to boost performance after activist Elliott takes stake
  
  Financial Times - 43m

• Italy's UniCredit posts fourth-quarter profit beat, raises shareholder returns

  Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures.
  
  CNBC - 57m

• BYD shares hit record high after EV maker rolls out driver assistance tech with DeepSeek's AI help

  Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD's founder and chairman Wang Chuanfu said.
  
  CNBC - 2h