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Calling America's absence from key United Nations climate negotiations "doubling down on stupid," California Gov. Gavin Newsom said Tuesday the United States risks being left behind as an economic power.

The Consumer Financial Protection Bureau, a Wall Street cop signed into law by President Obama, is about to run out of money after the Justice Department ruled its funding scheme illegal, potentially putting it on a path to extinction.

President Trump's proposal to allow homebuyers to take out 50-year mortgages is getting trashed by finance and business experts and has left Mr. Trump's Republican allies fuming that he was rushed into promoting it.

The Senate-passed package to reopen the government is in the hands of House lawmakers for a scheduled Wednesday vote, but flight cancellations and delays could jar that timing.

Treasury Secretary Scott Bessent said President Trump inherited an inflation mess and is fixing it with policies that will ease price increases and raise wages.

Consumer sentiment is falling and tariffs will increase some gift prices this holiday season, but retailers don't expect it to ruin Christmas, with shoppers poised to spend north of $1 trillion.

Yemen's Houthi rebels are signaling they've stopped their attacks against Israel and shipping in the Red Sea as a shaky ceasefire holds in the Gaza Strip.

Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. It also reported its profit nearly tripled in the first half of this fiscal year from a year earlier.

The Senate on Monday night passed a spending package to reopen the government through at least January, after Republicans won a figurative staring contest over an unrelated extension of enhanced Obamacare premium subsidies.

President Trump said Monday he is eyeing plans to lower tariffs on countries like India and Switzerland, citing progress in negotiations, even as the Supreme Court considers a case that could upend his trade agenda.