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U.S. Secretary of Commerce Howard Lutnick speaks during an interview with CNBC on the floor at the New York Stock Exchange on Sept. 11, 2025.Brendan McDermid | ReutersCommerce Secretary Howard Lutnick said Thursday that the U.S. will equally share profits with Japan from projects funded by the Asian country through its tariff deal until the initial investment is recouped.Tokyo agreed to earmark $550 billion for investment in American-based projects selected by the U.S. government as part of a deal finalized last week. President Donald Trump said Japan will now face 15% baseline tariffs and some sector-specific levies under the two…

Scott Bessent, U.S. treasury secretary, in the Oval Office of the White House in Washington, D.C., on Aug. 6, 2025.Bonnie Cash | Bloomberg | Getty ImagesThe search for the next Federal Reserve chair is continuing, with Treasury Secretary Scott Bessent taking point in meeting with several candidates on President Donald Trump’s short list.In recent days, Bessent has met with former Fed officials Lawrence Lindsey, Kevin Warsh and James Bullard, a Treasury source told CNBC’s Steve Liesman. Lindsey and Warsh both served as governors, and Bullard was president of the St. Louis Fed.Bessent will wait until the blackout period that surrounds…

A man holds up a smartphone with the Uber app visible on screen, as taxis queue in the background on June 4, 2019.Olly Curtis | Future via Getty ImagesThe Department of Justice sued Uber on Thursday, alleging the ride-hailing giant discriminated against riders with disabilities, according to a filing.”Despite the importance of its services to people with disabilities, Uber denies people with disabilities full and equal enjoyment of its services in several critical ways,” the complaint, filed in a federal court in San Francisco, reads.The DOJ alleged that Uber and its drivers “routinely refuse to serve individuals with disabilities, including…

In 2022, an estimated 4.4 million U.S. citizens lived abroad. If you are a U.S. citizen or permanent resident, chances are you still need to file federal income tax returns if your gross income exceeds a certain amount.”There’s this idea that Americans can just pick up their little laptops and move their office, you know, to the coast of Spain without telling anyone and unfortunately, it doesn’t actually work like that,” Arielle Tucker, CPA and IRS Enrolled Agent and host of the podcast Passport to Wealth, tells CNBC Make It.The U.S. and Eritrea are the only two countries in the…

Tesla and SpaceX CEO Elon Musk arrives to the inauguration of U.S. President-elect Donald Trump in the Rotunda of the U.S. Capitol on Jan. 20, 2025 in Washington, DC. Chip Somodevilla | Via ReutersA version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Tesla said it needed to incentivize CEO Elon Musk with a record-breaking pay package in order to compete with his private companies, according to a proxy the company filed last week.The filing outlines a share award that could be worth…

Sep 11, 2025, 01:56 PM ETNeymar hoped to add a poker title to his litany of club and international soccer honors on Wednesday. Needless to say, it wasn’t in the cards for the Brazil superstar.Neymar reached the final (virtual) table of the Super Tuesday High Roller event at the PokerStars World Championship of Online Poker 2025, competing for a top prize of $186,434. But facing off against poker professionals and at a severe chip disadvantage, the soccer star didn’t last long before bowing out of the tournament. He finished in last place out of the seven players.The 33-year-old forward entered…

The UK’s attorney general, Lord Richard Hermer, and director of public prosecutions (DPP) Stephen Parkinson have rejected an application for an arrest warrant for Israeli President Isaac Herzog. The pro-Palestine campaign group Friends of Al-Aqsa (FOA), which submitted the application earlier this week, said on Thursday it was now lodging a claim in the High Court for judicial review to challenge the decision. FOA told Middle East Eye that it applied for judicial review on the grounds that the DPP did not make “sufficient inquiry to obtain all relevant information available”. The group also said that the Crown Prosecution Service’s (CPS) approach “was not correct…

KUWAIT: Education remains at the heart of Kuwait’s development priorities, viewed as a fundamental pillar of sustainable growth and a core driver of the “New Kuwait 2035” vision to build a diversified, knowledge-based economy. Officials stress that investment in human capital is the most effective means of preparing future generations to meet evolving challenges and seize opportunities in an increasingly competitive world.The United Nations Educational, Scientific and Cultural Organization (UNESCO) classifies inclusive and quality education as the fourth global sustainable development goal, and Kuwait has made notable progress in this area. The state allocates about KD 3.55 billion ($8.41 billion)…

KUWAIT: The Meteorological Department forecast hot weather across the country during the weekend, with hot-to-moderate conditions expected at night. The forecast comes as Kuwait remains under the influence of an extension of the Indian monsoon depression, accompanied by light to moderate northwesterly winds that may raise dust, particularly in desert areas, Director of the Meteorological Department Dharar Al-Ali told KUNA.On Thursday, weather conditions will be hot with scattered clouds, while winds will be northwesterly to northerly at speeds between 12 and 38 km/h. The maximum temperature is expected to range between 44°C and 46°C. Sea conditions will be light to…

Paramount Skydance is working with an investment bank as it prepares an offer for Warner Bros. Discovery, according to people familiar with the matter.Warner Bros. Discovery had yet to receive an offer as of Thursday, according to people familiar with the matter, who spoke on the condition of anonymity to discuss nonpublic dealings. A bid could come as early as next week, CNBC’s David Faber reported Thursday.Shares of Warner Bros. Discovery closed Thursday at $16.15, or up more than 28% — the stock’s best day ever. The company’s stock rose after the initial report from the the Wall Street Journal…