America’s national debt has now surpassed $31 trillion

Minneapolis CNN Business — America’s national debt has climbed north of $31 trillion for the first time, a milestone that comes at a time of historically high inflation, rising interest rates and growing economic uncertainty. The nation’s total public debt outstanding closed at $31.1 trillion on Monday, according to Treasury Department data published Tuesday. The … Read more

North Korean missile launch raises alarm in Washington

WASHINGTON — The Biden administration responded on multiple levels Tuesday to North Korea’s latest long-range ballistic missile launch, reaching out to allies in the region on diplomatic and military fronts, and at the leader level by US President Joe Biden. The missile was fired late Monday, flying over Japan early on Tuesday morning before landing … Read more

White House launches last ditch effort to dissuade OPEC from cutting oil production to avoid a ‘total disaster’

Washington CNN — The Biden administration has launched a full-scale pressure campaign in a last-ditch effort to dissuade Middle Eastern allies from dramatically cutting oil production, according to multiple sources familiar with the matter. The push comes ahead of Wednesday’s crucial meeting of OPEC+, the international cartel of oil producers that is widely expected to … Read more

Trump defends Herschel Walker after abortion report

Former President Donald Trump and leaders of top GOP political organizations leapt to the defense of Georgia Senate candidate Herschel Walker on Tuesday, after a bombshell report accused the anti-abortion Republican of allegedly paying for a woman’s abortion years earlier. “Herschel has properly denied the charges against him, and I have no doubt he is … Read more

Trump goes to Supreme Court over Mar-a-Lago search and seizure of documents

CNN — Former President Donald Trump has asked the Supreme Court to intervene in the dispute over materials marked as classified the FBI seized from his Mar-a-Lago estate this summer. His emergency request with the Supreme Court is the latest example of the former President seeking to involve the justices in investigations that entangle him … Read more

Analysis: Republicans’ gamble on Herschel Walker is looking dicey

CNN — From the start, Republican leaders knew they were taking a risk in quickly unifying behind the Senate candidacy of Herschel Walker in Georgia. Walker had never run for any office before and there were already well-known stories about his turbulent past out in the ether. But Walker was a former football star – … Read more

Europe made a mistake with Russian energy, now it needs to spend big

US Senator Chris Murphy on Tuesday criticized Europe’s overreliance on Russian energy, saying it had come at a heavy cost and called on the region to start investing heavily in alternative supplies. “What a mistake for Europe to have been welded to Russia when it comes to energy,” Democratic Party member Murphy told CNBC’s Hadley … Read more

Ex-CIA chief’s top fear in Russia-Ukraine conflict is escalation ‘spiraling out of control’

The greatest worry for former CIA chief General David Petraeus (US Army, Ret.) concerning the war in Ukraine is the potential for unbridled escalation that would result in catastrophic consequences, he told CNBC Tuesday. Asked what his top concern was with regard to the Russia-Ukraine conflict, in which the US is heavily supporting Ukraine to … Read more

Apple could have to change iPhone charger to USB-C under new EU rules

European lawmakers are looking to introduce a law that would require electronic devices to use a common charger. EU lawmakers have proposed USB Type-C as the common standard. gel mold | iStock | Getty Images European lawmakers on Tuesday approved a new law that would require electronic devices to use a common charger. The European … Read more

Voting Rights Act: Supreme Court will hear challenge to key section in redistricting case

CNN — Almost a decade after effectively gutting a key provision of the Voting Rights Act, the Supreme Court is setting its sights on a different provision of the law on Tuesday in a case that could make it much more difficult for minority voters to challenge redistricting maps. At issue is Section 2 of … Read more