Scott Horsley

Alan Krueger, who chaired the White House Council of Economic Advisers under former President Barack Obama, has died. He was 58.

The death was announced Monday by Princeton University, where Krueger was a professor.

"Alan was recognized as a true leader in his field, known and admired for both his research and teaching," the school said in a statement.

Updated at 4:56 p.m. ET

President Trump used his veto pen for the first time Friday, after Congress tried to reverse his national emergency declaration and rein in spending on a wall along the U.S.-Mexico border.

Congressional critics do not appear to have the votes to override Trump's veto. So, as a practical matter, the administration can continue to spend billions of dollars more on border barriers than lawmakers authorized, unless and until the courts intervene.

Updated at 11:12 a.m. ET

A federal order grounding all 737 Max jetliners in the U.S. comes after repeated assurances from the manufacturer that the planes are safe.

Updated at 4:50 p.m. ET

President Trump's budget proposal for 2020 calls for $8.6 billion in new border wall funding, a signal that the White House is not backing away from a demand that triggered a 35-day government shutdown.

The border wall is just one flashpoint in the president's $4.7 trillion budget blueprint. Trump is also calling for a 5 percent boost in military spending along with deep cuts to domestic programs and foreign aid.

President Trump will hold off raising tariffs on hundreds of billions of dollars in Chinese imports, after what he called "very productive" trade talks in Washington this weekend.

Tariffs had been scheduled to jump from 10 to 25 percent next Saturday. But Trump agreed to postpone that increase in hopes of negotiating a more comprehensive trade agreement.

President Trump's longtime friend Tom Barrack has been getting a lot of attention lately — much of it not good.

Barrack was the chairman of Trump's inaugural committee, which is now under scrutiny by federal prosecutors.

He was roundly criticized for comments he made this month about the killing of Saudi journalist, Jamal Khashoggi.

In declaring a national emergency Friday, President Trump tried to underscore the urgency of what he calls a national security crisis along the U.S. border with Mexico, while at the same time downplaying the gravity of his response.

What started off as a strong holiday shopping season ended with a whimper, as consumers, rattled by a trade war and a government shutdown, tightened their belts. The Commerce Department said retail sales fell 1.2 percent between November and December, the sharpest drop in nine years.

President Trump renewed his call for border wall funding and accused House Speaker Nancy Pelosi of "rigid" opposition, in an interview airing two days before Trump's State of the Union address.

The tone of the president's remarks in an interview taped Friday with CBS calls into question whether Trump will actually use Tuesday's primetime speech to appeal for compromise, as advertised.

The Trump administration opened high-stakes trade talks with China on Wednesday. The two sides have just over a month to reach an agreement, or risk an escalation in their costly trade battle.

The administration has already imposed tariffs on some $250 billion in Chinese imports. President Trump has threatened to increase and expand those tariffs, but he agreed to hold off until early March, while negotiators try to hammer out a deal.

Updated at 6:37 p.m. ET

Commerce Secretary Wilbur Ross downplayed the hardships caused by a partial government shutdown on Thursday as some 800,000 federal workers prepared to miss a second consecutive payday.

Ross told CNBC he is puzzled by reports of federal workers turning to food banks and other forms of relief, suggesting they should be able to obtain bridge loans to tide them over until the government reopens.

Updated at 1:15 a.m. ET

President Trump said Wednesday night he won't be looking for an alternative place to give the State of the Union address. Earlier in the day, asked about House Speaker Nancy Pelosi, D-Calif., insisting he could not speak on the House floor until a partial government shutdown is over, the president said, "We'll do something in the alternative."