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Ohio Republican Sen. Bernie Moreno attends the CNBC CFO Council Summit 2024 in Washington, D.C.Brian StokesCNBCThe House is expected to move forward on Thursday with a three-year extension of Obamacare subsidies, sending the bill to the Senate where it faces a hurdle.The Affordable Care Act’s enhanced tax credits were a major factor in last fall’s longest government shutdown in history. It expires at the end of 2025, raising premiums for millions of Americans who buy health insurance through the ACA Marketplaces. The Senate rejected a similar three-year extension of the Affordable Care Act’s tax credits in December, and lawmakers predict…

The Federal Bureau of Investigation (FBI) has taken over the shooting death of a woman by a U.S. Immigration and Customs Enforcement (ICE) officer in Minneapolis amid heightened tensions across the state.Minnesota Bureau of Criminal Investigation (BCA) Superintendent Drew Evans said in a statement that the agency will no longer be involved in the investigation into the murder of Renee Nicole Macklin Good, a 37-year-old mother of three who was shot and killed by federal agents in her car on Wednesday.Recommended stories list of 3 itemsend of list”Going forward, the investigation will be led solely by the FBI, and the…

Four days after US President Donald Trump’s most violent military action to date, the gap between his claims that the US “runs” Venezuela and the reality of a continuing dictatorship there is widening. In the coming weeks, the White House risks seeing a brutal flourish of American power early Saturday morning undone by its inability to follow through. This would snatch from the jaws of a spectacular but short-lived victory and open the door to a potential strategic defeat. In just a few minutes during Saturday’s press conference, President Trump’s American soft stance pivoted from asserting U.S. control over Caracas,…

Manchester City have signed Antoine Semenyo from Bournemouth in a £64m deal.The forward joins Josep Guardiola’s side on a five-and-a-half-year deal, taking City’s transfer costs to 14 players to £425.9 million over the past 12 months. A formal announcement is expected on Friday. City agreed a deal with Bournemouth for £62.5m, excluding Semenyo’s £65m release clause, plus a further £1.5m worth of performance bonuses and a 10% sell-on clause. City beat out competition from rivals Manchester United, Liverpool, Chelsea and Tottenham to sign the 26-year-old. Use Chrome Browser for a more accessible video player Semenyo scored the winning goal late…

Reuters reported, citing unnamed sources, that Nvidia is now asking Chinese customers to pay in full for the H200 AI chip upfront, even though approvals from the U.S. and Chinese governments remain unclear. The report says chipmakers are left with no options for refunds or changes to orders. Some customers may be allowed to use commercial insurance or asset collateral, but the terms are much stricter than Nvidia’s previous policy, which sometimes allowed partial deposits, Reuters reported. Nvidia declined to comment. According to Bloomberg, China is expected to allow Nvidia to sell the H200 chip domestically, but the Chinese government…

Traders work on the floor of the New York Stock Exchange during morning trading on January 6, 2026 in New York City. Michael M. Santiago | Getty ImagesThe Dow Jones Industrial Average rose on Thursday, but Nasdaq Composite It came under pressure as investors moved away from technology stocks.The Dow 30 rose 270.03 points (0.55%) to close at 49,266.11. The tech-heavy Nasdaq fell 0.44% to settle at 23,480.02. of S&P500 It rose 0.01% to close at 6,921.46. Information technology was a laggard among the S&P 500’s 11 sectors, falling more than 1%.Darling of artificial intelligence Nvidia Some of the stocks…

Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. A recap of Thursday’s key moments. 1. The Nasdaq fell on Thursday as investors moved away from tech stocks. Meanwhile, the Dow Jones Industrial Average rose and the S&P 500 index was little changed. Jim Cramer advised investors not to take sudden action right now, explaining that markets often exhibit “strange patterns” that don’t last long during the first full trading week of the year. “Now is not the time to make big bets,” he added. 2. Cantor Fitzgerald upgraded Club Holding Alphabet from…

The Statue of Contemplation of Justice at the U.S. Supreme Court on Tuesday, November 4, 2025 in Washington, DC, USA. Pete Keyhart Bloomberg | Getty ImagesIf the Supreme Court rules that President Donald Trump’s IEEPA tariffs are illegal, there will be a new deadline for U.S. importers to file for electronic refunds.On January 2, U.S. Customs released details of a new electronic refund process enacted as part of President Trump’s March 25 executive order on modernizing government payments and phasing out physical checks. A Supreme Court ruling on the legality of President Trump’s tariffs could come as early as this…

This new solid-state EV battery can be fully charged in just 5 minutes We stopped by the exhibit of Donut Lab, a Finnish startup specializing in electric mobility. The company (which takes its name from its flagship product, the donut-shaped in-wheel EV motor) announced at CES the launch of what it calls the first solid-state battery for vehicle production. Solid-state batteries differ from lithium-ion batteries (used in most EVs) in that they use a solid electrolyte rather than a liquid electrolyte. They offer much higher energy density (more bang for the buck, so to speak), better safety, and are thought…

A cargo ship docks in New York Harbor on November 19, 2025 in New York City. Spencer Pratt | Getty ImagesThe U.S. Supreme Court could rule on the legality of President Donald Trump’s tariffs on Friday, a decision that could have far-reaching implications not only for trade policy but also for the U.S. fiscal situation.It is unclear whether the high court will issue a ruling, but it has scheduled Friday as a “decision day” for submissions, sparking speculation that a customs case will be filed.The core of the decision will address two issues: whether the administration can use provisions under…