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WASHINGTON (AP) — The Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor. In a set of sweeping changes, the principles call for bank examiners to focus on material financial risks and to “not become distracted from this priority by devoting excessive attention to processes, procedures, and documentation.” The guidelines are set out in a memo originally distributed to Fed employees Oct. 29 but released Tuesday. Michelle Bowman, the Fed’s vice chair for supervision, said the principles will “sharpen” the…

Dr. Toyin Ajayi has an ambitious mission: to make health care accessible to all.Ajayi is the founder and CEO of Cityblock Health, a primary care provider focused on helping underserved communities in the U.S.She’s not fazed by the enormity of her goal.”All the things we enjoy and take for granted today didn’t exist [at] one time. Someone dreamed them into existence,” she says.Having “a sense of confidence and agency” is the key to tackling complex issues, Ajayi told CNBC’s Julia Boorstin on the latest episode of the “CNBC Changemakers and Power Players” podcast.After receiving her medical degree from King’s College…

US President Donald Trump, during a meeting with Mohammed bin Salman, Saudi Arabia’s crown prince, not pictured, in the Oval Office of the White House in Washington, DC, US, on Tuesday, Nov. 18, 2025. Nathan Howard | Bloomberg | Getty ImagesPresident Donald Trump on Tuesday called for ABC’s broadcast license to be revoked as he angrily lashed out at a reporter from the network who asked why he has not released files on notorious sex offender Jeffrey Epstein, his former friend.”I think you are a terrible reporter,” Trump told ABC News White House correspondent Mary Bruce.The president said he did…

KUWAIT: Zain Kuwait has signed a memorandum of understanding (MoU) with the Arab Open University – Kuwait (AOU) with the aim of establishing a general framework for partnership between the two sides in the areas of youth support and empowerment, education, innovation, corporate social responsibility, and employment. This collaboration will help empower national youth talent and reinforce the role of education in building a knowledge-based digital economy in Kuwait.The MoU was inked at the Zain Innovation Campus (ZINC) at the company’s HQ in Shuwaikh, joined by Zain Kuwait CEO Nawaf Al-Gharabally and Arab Open University Rector Dr Salah Al-Hammadi, along…

For a year, the secret to Abby Price’s success sat covered in dust in her shop’s basement.Price started her company Abbode as a graduate student at Parsons School of Design, selling dried floral arrangements to New York locals on Facebook in 2019. By March 2022, she sold bouquets and home decor from a storefront she rented in the city’s Nolita neighborhood — and had enough cashflow to finance a $15,000 embroidery machine, which Price bought “on a total whim,” she says.Without the expertise or space to actually operate the 100-pound machine, she stored it in her shop’s basement. But when…

What are the most important qualities to convey about yourself in a job interview? Duncan Wardle, former head of innovation and creativity at The Walt Disney Company, says he keeps an eye out for one trait in particular.Wardle, now the founder of creative consulting company ID8, spoke with CNBC Make It from WOBI’s World Business Forum in New York City on Nov. 6.”I look for curiosity first,” he says. “I want to know that people are curious, that’s probably the biggest one.”Wardle points to the natural curiosity of young children.”What is the one word a small child asks you again…

UNITED NATIONS (AP) — Rapper Nicki Minaj took up President Donald Trump’s allegations that Christians are persecuted in Nigeria, saying Tuesday at a United Nations event organized by the U.S. that she wants to shine a spotlight on “the deadly threat.”Trump has said Christianity faces an “existential threat” in Nigeria and has told the Pentagon to begin preparing for possible military action in the West African nation. Experts and residents say some attacks target Christians, but most emphasize that in the widespread violence that has long plagued the West African nation, everyone is a potential victim, regardless of background or…

Meta won its high-profile antitrust case against the Federal Trade Commission, which had accused the company of holding a monopoly in social networking. In a memorandum opinion released Tuesday, Judge James Boasberg of the U.S. District Court in Washington, D.C., said the FTC failed to prove its argument. The case, initially filed by the FTC five years ago, centered on Meta’s acquisitions of Instagram and WhatsApp.”Whether or not Meta enjoyed monopoly power in the past, though, the agency must show that it continues to hold such power now,” Boasberg said in the filing. “The Court’s verdict today determines that the…

President Donald Trump is insisting that the redistricting fight in Indiana is not over even as the GOP-led state Senate again refused Tuesday to return to the Capitol this year for a special session to draw new congressional maps. Divisions among Indiana’s GOP lawmakers were on full display as senators voted to instead convene next for the regular session in January despite the shadow of Trump’s threats to support primary challengers to legislators opposed to redistricting. Trump has blasted individual senators in social media posts, including Senate President Pro Tem Rodric Bray, who said last week there weren’t enough votes…

KUWAIT: The Ministry of Health (MoH), through its Department of Prevention and Control of Non-Communicable Chronic Diseases, welcomed on Tuesday two teams from the Gulf Center for Disease Prevention and Control (GCDC) and the International Agency for Research on Cancer (IARC) for a field visit to assess early cancer detection programs in Kuwait. In a press release, the Ministry said the three-day visit is part of ongoing collaboration with the GCDC and IARC to enhance national cancer prevention efforts.The visit began with a meeting at the Kuwait Institute for Medical Specializations, where the international teams met with Kuwaiti experts in…