Month: May 2025
Trump fails to convince SALT caucus to back tax bill
President Donald Trump arrives for a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC. Tasos Katopodis | Getty Images News | Getty Images President Donald Trump failed during a visit Tuesday to Capitol Hill to sway key House Republicans from blue states to drop opposition to a major tax […]
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Josh Brown says AI is more important than tariffs to the stock market
Josh Brown, CEO of Ritholtz Wealth Management and CNBC PRO contributor , said Tuesday the most important theme for the stock market right now is not tariffs, but rather artificial intelligence. “The most important thing to come out of this past earnings report is that AI is more important than tariffs to the stock market,” […]
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Why Walmart decided to say it would raise prices — and risk Trump’s fury
A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. Mike Blake | Reuters Last month, Walmart downplayed how much President Donald Trump’s tariffs would affect its business in front of a large audience of investors. CEO Doug McMillon pointed to other challenging times that the company had weathered — like the aftermath […]
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Stocks making the biggest moves midday: D-Wave Quantum, Moderna, Agilysys, Tesla and more
Check out the companies making headlines in midday trading. D-Wave Quantum — The quantum computing stock surged more than 26% after announcing its latest computing system called Advantage2. Agilysys — The enterprise software developer for the hospitality industry rallied 21% after topping analysts expectations in its latest quarter. Agilysys reported fiscal fourth-quarter adjusted EBITDA of […]
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‘You’ll be back’: Arnold Schwarzenegger on the most important move to make to stay healthy aging into 50s, 60s and beyond
On film, Arnold Schwarzenegger has been tough to take down. But in real life, the actor and former governor of California has had his share of health issues that required surgery and replacement parts as he has aged. Through it all, he continues to work out — a daily regimen that includes a bicycle for […]
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Tron founder Justin Sun says he’s the top $TRUMP meme coin holder
Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, May 8, 2020. Calvin Sit | Bloomberg | Getty Images Chinese-born crypto mogul Justin Sun says he’s the top holder of the $TRUMP meme token and will be having dinner with President Donald Trump. The dinner competition — a sweepstakes offering […]
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Trump warns House Republicans, ‘Don’t f— around with Medicaid’
President Donald Trump on Tuesday warned House Republicans, “Don’t f— around with Medicaid,” as he pressed them during a closed-door meeting to pass a major tax bill, a source told CNBC. Trump’s blunt message came during a visit to Capitol Hill. Movement on the tax bill has been hampered by a small number of Trump’s […]
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FDA outlines stricter Covid vaccine booster approval standards for healthy people
Brandon Guerrero, 34, of Compton, receives both a flu and COVID-19 vaccine at CVS in Huntington Park on August 28, 2024. Christina House | Los Angeles Times | Getty Images The Food and Drug Administration on Tuesday outlined new regulatory guidance for future Covid-19 vaccine boosters, setting stricter approval standards for healthy Americans. The FDA […]
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Elon Musk says he will spend ‘a lot less’ on future campaign donations
Elon MusK, chief executive officer of Tesla Inc., speaks via video link at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025. Christopher Pike | Bloomberg | Getty Images Elon Musk on Tuesday said he plans to spend “a lot less” on political donations in the future, signaling a change in […]
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UK suspends trade talks with Israel over new Gaza offensive
People gather in the yard of the Ahli Arab hospital, also known as the Baptist hospital, to mourn and bid farewell to the bodies of victims killed in Israeli bombardment in Gaza City, on March 18, 2025. Majdi Fathi | Nurphoto | Getty Images Britain on Tuesday paused free trade talks with Israel, summoned its […]
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