Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Agricultureread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
President Donald Trump on Wednesday suggested that the nation's nuclear arsenal is more formidable today as a result of his actions, but experts say the agencies responsible for the arsenal have not taken any demonstrable steps to strengthen it — at least not on the president's orders.
Trump made the claim on Twitter following the disclosure on Tuesday that North Korea has developed a nuclear weapon designed to fit inside its missiles. North Korea has threatened to fire rockets into the waters around Guam, a U.S. territory in the Pacific Ocean, prompting Trump to respond with threats to rain "fire and fury" on the hermit kingdom.
The Department of Defense and the Energy Department have indeed undertaken a long-delayed modernization of the U.S. nuclear arsenal and related systems and facilities, but their current initiatives were started before Trump's inauguration, many on President Barack Obama's watch.
Shortly after his inauguration, Trump ordered a comprehensive review of the U.S. military, including conducting a Nuclear Posture Review. That review began in April and is scheduled to be completed by the end of the year.
Any improvements that the Trump administration seeks to make to the U.S. nuclear capability will result from that review, said Kingston Reif, director of disarmament and threat reduction policy at the Arms Control Association.
"Nothing has changed in the seven months since he took office. The U.S. nuclear arsenal is no more or no less powerful," he told CNBC.
Other nonproliferation experts and defense reporters also expressed doubt over the president's claim.
"Any decision that the president were to make now, or that he took in January, would take years to implement," Jon Wolfsthal, former National Security Council senior director for nonproliferation and arms control under Obama, told The Washington Post. "I'm very skeptical of the idea that Trump believes that he has modernized or adjusted our arsenal because there have been no visible changes to it."
Aaron Mehta, senior Pentagon correspondent for Defense News tweeted, " ... no, the president has not done a single thing to the nuclear stockpile that wasn't already underway."
The Obama administration completed the last Nuclear Posture Review in 2010 and implemented many of the current efforts to modernize the arsenal.
The modernization effort includes updating, rebuilding and developing intercontinental ballistic missiles, bombers and submarines that make up the U.S. strategic delivery system and would facilitate a nuclear strike.
Despite the Obama administration committing to renewing this so-called nuclear triad, these programs will not reach completion for a decade or more, according to Reif at the Arms Control Association.
"These are all in their infancy. These are acquisition programs that are going to take 10, 15, even 20 years to complete. The majority of them aren't going to enter service until the mid-2020s," he said.
Updating these systems will also be costly. The Congressional Budget Office estimates it will cost $400 billion to update the nuclear triad over the next 10 years.
The modernization also entails refurbishing nuclear warheads and improving the aging facilities where the work is done. While the work on warheads has been ongoing for decades, it accelerated under Obama, Reif said.
The Pentagon is also updating the command and control systems that facilitate communication with nuclear forces. Additionally, former Defense Secretary Chuck Hagel set into motion a program to overhaul management within the U.S. nuclear force to address professional and ethical lapses.
The Department of Defense and Energy Department did not immediately respond to inquiries into whether they had taken any steps as a result of any executive action by Trump.
The White House did not immediately respond to a request for clarification on Trump's tweet.
The tweet also contained a factual error. Trump's first action as president was not ordering the Defense Department to conduct a Nuclear Posture Review.
That executive order followed several other orders and memos, including those related to repealing Obamacare, approving controversial oil pipelines, expediting environmental reviews for infrastructure projects, hiring more immigration and customs officers, and securing the border with Mexico.