Month: January 2025
Bitcoin jumps to new record above $109,000 as traders cheer Trump inauguration, meme coins
Jakub Porzycki | Nurphoto | Getty Images Bitcoin hit a new all-time high overnight after the incoming first couple launched a pair of meme coins and as traders await the inauguration of incoming President Donald Trump. On Monday the flagship cryptocurrency was last higher by nearly 1% at $106,622.54, according to Coin Metrics. Earlier, it […]
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Biden pardons Dr. Anthony Fauci, Gen. Milley, Jan. 6 committee members
U.S. President Joe Biden reacts as he speaks from the Roosevelt Room about the jobs report and the state of the economy at the White House in Washington, U.S., January 10, 2025. Elizabeth Frantz | Reuters President Joe Biden on Monday issued pardons for Dr. Anthony Fauci, Gen. Mark Milley, members of Congress who investigated […]
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Trump inauguration live updates: TikTok, energy and immigration top targets for ‘day one’ executive actions
Trump to call for a ‘revolution of common sense’ U.S. President-elect Donald Trump at a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on Nov. 19, 2024, in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images Trump’s inaugural address will feature a memorable line calling for […]
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Here are the products and companies most at risk from Trump’s tariff plans
Customers shop for food at a grocery store on Jan. 15, 2025 in Chicago, Illinois. Scott Olson | Getty Images Many of the items that U.S. shoppers browse and buy in retailers’ aisles come from far-away factories or farms — a reality that could soon force many consumers to change their buying habits. Sneakers, T-shirts, […]
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Why merger mania is coming to the fore in the mining industry
The Rio Tinto Group logo atop Central Park tower, which houses the company’s offices, in Perth, Australia, on Friday, Jan. 17, 2025. Bloomberg | Bloomberg | Getty Images The mining sector appears poised for a frantic year of dealmaking, following market speculation over a potential tie-up between industry giants Rio Tinto and Glencore. It comes […]
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European markets open flat ahead of Trump’s inauguration as the 47th president of the U.S.
HSBC shares rise to multi-year high HSBC shares are off to a strong start this week and are currently trading at a 17-year high on an intraday basis. The lender’s London-listed A-shares rose to £8.286 after the stock market opened, its highest level since Nov. 2 2007. And it’s not the only bank notching highs […]
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Melania Trump launches cryptocurrency ahead of Donald Trump’s inauguration
Melania Trump, pictured in July 2024, has launched her own meme coin. Leon Neal | Getty Images Incoming first lady Melania Trump launched her own meme coin ahead of her husband’s inauguration as the 47th president of the United States on Monday. In a Sunday evening post on the X social media platform, she announced […]
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Billionaire wealth surges to ‘unimaginable’ levels in 2024 as Oxfam predicts emergence of five trillionaires within a decade
People pass in front of big screen during the speech of US President Donald Trump on January 26, 2018 at the Davos Congress Centre (C), the venue of the annual World Economic Forum (WEF), in the town of Davos, eastern Switzerland. / AFP PHOTO / MIGUEL MEDINA (Photo credit should read MIGUEL MEDINA/AFP via Getty […]
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As WEF gets underway, the list of world leaders not attending Davos speaks volumes
View ahead of the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 15th, 2024. Adam Galici | CNBC LONDON — It’s that time of year when the great and the good gather for the annual World Economic Forum in Davos, Switzerland. A slew of heads of state, politicians and business moguls are set […]
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CNBC Daily Open: Investors are gearing up for Trump 2.0
The New York Stock Exchange on Nov. 25, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to […]
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