The logo of McDonald’s (MCD) is seen in Los Angeles, California. Lucy Nicholson | Reuters McDonald’s on Monday announced plans to hire up to 375,000 workers this summer at a news conference that included U.S. Labor Secretary Lori Chavez-DeRemer. While McDonald’s has long been one of President Donald Trump’s culinary favorites, the company has been…
Authorities arrested two men in connection with the theft of a designer handbag belonging to US Homeland Security Secretary Kristi Noem. Noem’s bag was stolen on Easter Sunday while she was dining in a popular Washington DC restaurant. On Saturday, police arrested 49-year-old Mario Bustamante Leiva. And on Sunday the US Secret Service said it…
ABU DHABI, United Arab Emirates — U.S. Energy Secretary Chris Wright is not worried about falling oil prices and their impact on America’s shale oil industry, and is stressing that the coming years should be a time of energy abundance for the world’s largest economy. “The U.S. shale industry is going to is going to…
The government has announced a further £450m of military support to Kyiv, as the UK and Germany prepare to host a meeting of 50 nations in Brussels. Defence officials are convening to “pile pressure” on Russian President Vladimir Putin and force him to end his invasion of Ukraine, UK Defence Secretary John Healey said. “We…
Treasury Secretary Scott Bessent said Tuesday the U.S. holds a substantial advantage over China as the two nations exchange threats in a burgeoning trade war. “I think it was a big mistake, this Chinese escalation, because they’re playing with a pair of twos,” Bessent said during an interview on CNBC’s “Squawk Box.” “What do we…
The inspector general of the US Department of Defense has launched an investigation into Pete Hegseth’s use of the Signal application to message other top-level officials about military strikes on Houthi rebels in Yemen. The White House faced a backlash after a journalist was inadvertently added to a group chat – where specific details of…
Treasury Secretary Janet Yellen speaking with CNBC’s Sara Eisen (not shown) at the U.S Treasury Department on Jan. 8th, 2024. CNBC Former Treasury Secretary Janet Yellen will be joining an advisory board for bond giant Pimco, CNBC has learned. Joining other prominent officials in the world of economics and finance, Yellen, who also served as…
Energy Secretary Chris Wright said Thursday that the oil market is discounting President Donald Trump’s push to produce more crude and gas in the United States. “We’ve seen a market discounting the fact that clearly it’s going to be easier to produce oil and gas in the United States,” Wright told CNBC’s “Squawk Box.” “More…
HOUSTON — The U.S. could reach an agreement with Canada that avoids tariffs on imports of oil, gas and other energy resources, Energy Secretary Chris Wright said Monday. Wright said such a scenario is “certainly is possible” but “it’s too early to say” in response to a question from CNBC during a press conference at…
U.S. Treasury Secretary Scott Bessent attends at an Economic Club of New York event in New York City, U.S., March 6, 2025. Jeenah Moon | Reuters Treasury Secretary Scott Bessent on Friday acknowledged some signs of weakness in the U.S. economy. “Could we be seeing that this economy that we inherited starting to roll a…
