News for June 24, 2026

Treasury Secretary Scott Bessent used a CNBC interview to link Mayor Zohran Mamdani’s rise to the Democratic Party’s direction and to promote a new plan to help more Americans invest in stocks.

Ray Dalio says a recent trip to China convinced him the world is shifting away from U.S. power and toward a new order shaped by Chinese influence.

Pimco says President Donald Trump’s threats to pull the U.S. out of NATO are mostly bluster, because a 2024 law blocks him from leaving the alliance on his own.

Bill Gates told Congress that Jeffrey Epstein drew him in by claiming to have billionaire contacts who could help raise huge sums for global health, but Gates later regretted the meetings.