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US PRESIDENT Donald Trump’s attempt to fire Federal Reserve governor Lisa Cook represents an extraordinary test of the central bank’s institutional integrity and the limits of presidential power. This unprecedented move has ignited a constitutional crisis that will likely reshape the relationship between the executive branch and America’s monetary policy institution.The dispute centres on a fundamental question: Can a sitting president remove a Federal Reserve governor at will? Cook, who was appointed by former president Joe Biden in 2022 and is the first Black woman to serve on the Fed board, has categorically rejected Trump’s authority to fire her. Her…
Artificial intelligence, apparently, is the new “fake news.”Blaming AI is an increasingly popular strategy for politicians seeking to dodge responsibility for something embarrassing — among others. AI isn’t a person, after all. It can’t leak or file suit. It does make mistakes, a credibility problem that makes it hard to determine fact from fiction in the age of mis- and disinformation. And when truth is hard to discern, the untruthful benefit, analysts say. The phenomenon is widely known as “the liar’s dividend.” On Tuesday, President Donald Trump endorsed the practice. Asked about viral footage showing someone tossing something out an…
If you’ve ever scanned the beauty aisle or browsed wellness forums, you’ve probably seen biotin pop up again and again as the go-to vitamin for strong nails and luscious hair. Often referred to as vitamin B7, biotin plays a vital role in the health and resilience of keratin-based structures—including your hair, nails, and skin. But beyond the hype, what does the science say about biotin, and how can you use it effectively to support your natural beauty? What Is Biotin? Biotin is a water-soluble B-complex vitamin that functions as a coenzyme in several essential metabolic reactions. It helps convert carbohydrates,…
Two of the Big Ten’s top women’s college basketball teams will go up against top programs from the Big 12 and SEC in the second edition of the Coretta Scott King Classic. TCU and Ohio State will tip off the doubleheader (Noon ET), while Michigan and Vanderbilt will serve as the back half of the doubleheader (2:30 p.m. ET), which will take place on Martin Luther King Jr. Day (Jan. 19, 2026).The doubleheader, which will take place at the Prudential Center in Newark, New Jersey, will help celebrate the legacy and values of Coretta Scott King, Martin Luther King Jr.’s…
U.S.-based KKR has acquired South Korea’s cosmetics packaging company Samhwa Co from TPG in a deal valued at 733 billion Korean won ($528 million), Samhwa said on Thursday.KKR said the acquisition is an addition to its long track record of investing in Korean businesses. The firm had earlier backed companies, including fashion retailer Musinsa, energy provider SK E&S and recycling firm Ecorbit.The deal comes as South Korea’s cosmetics industry gains global popularity and ranks among the world’s top cosmetics exporters.Samhwa said it plans to leverage KKR’s global network to deepen partnership with major global luxury brands. Founded in 1977 as…
[SINGAPORE] PropertyGuru on Thursday (Sep 4) announced the appointment of Lu Yao as its new managing director for Singapore.He replaces former managing director Hari Krishnan, who stepped down in January this year after a decade in the role.Lu Yao will assume his new role on Sep 15 and will be part of the group’s executive leadership team, reporting to group chief executive officer Lewis Ng. His remit will be to lead the growth of the group’s Singapore marketplace business, PropertyGuru.Before joining PropertyGuru, Lu Yao was the group head of marketplace and Bangladesh chief commercial officer for Singapore-based e-commerce platform Daraz…
The arrest of Father Ted’s co-creator over social media posts has reignited arguments over what you should and shouldn’t be allowed to say online.Graham Linehan, who also created the Black Books and The IT Crowd comedies, said on Tuesday he was arrested at Heathrow Airport over posts on X sharing his views on trans rights. In one of his posts, Linehan said: “If a trans-identified male is in a female-only space, he is committing a violent, abusive act. Make a scene, call the cops and if all else fails, punch him in the balls.”Now, Health Secretary Wes Streeting has told…
When a colleague of mine at the university announced to our EBT group, “I broke my Food Circuit,” I gasped.At the time, I was steeped in the neuroscience of EBT and thinking about reconsolidating allostatic wires into homeostatic circuits.However, the image of breaking free of any habit circuit or a cluster of wires that are left over from a traumatic experience or unresolved conflict stayed with me.Sharing our Breaking-Free MomentsIn our world, people share their angst at the world situation or their awe at the beauty of the blue sky on a particularly sunny day. Still, there is little attention…
Kansas City Royals shortstop Bobby Witt Jr. is going to again play for Team USA in the World Baseball Classic next year and will certainly have a bigger role than last time.Witt announced Thursday that he is committed to playing for the United States and manager Mark DeRosa in the 2026 WBC. It will be Witt’s second time on the team.When part of Team USA in 2023, Witt was 22, the youngest player on the roster and coming off a standout rookie MLB season. He was a bench player who went 1 for 2 at the plate in the tournament…
Hello, this is Spriha Srivastava, CNBC International’s Executive Editor for Digital, writing from London. This week, I take a closer look at India’s tightrope walk — tariffs from Washington, oil from Moscow, and an uneasy handshake with Beijing. Let’s dive in.Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping meet on the sidelines of the 2019 G-20 summit in Osaka, Japan.Mikhail Klimentyev | Afp | Getty ImagesThis report is from this week’s CNBC’s “Inside India” newsletter. Like what you see? You can subscribe here.The big storyPicture this: you’re at a dinner party with three friends who are struggling…
