Month: May 2025
Eric Trump’s American Bitcoin going public in latest crypto move by president’s family
The bitcoin mining company backed by President Donald Trump’s sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq through an all-stock merger with Gryphon Digital Mining. Shares of Gryphon were up more than 300% Monday. The combined company, American Bitcoin, will trade under the ticker symbol “ABTC,” with the […]
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Trump says China will ‘open up’ to U.S. businesses, suspend trade barriers
President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty Images President Donald Trump said Monday that China would “agreed to open” after the […]
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Bessent sees tariff agreement as progress in ‘strategic’ decoupling with China
Treasury Secretary Scott Bessent said Monday that the trade agreement reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products. Though the U.S. “decoupling” itself from its need for cheap imports from China has been discussed for years, the process has been a slow one and unlikely to ever […]
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Fox streaming service to be called Fox One, launch before NFL season
Marquee at the main entrance to the FOX News Headquarters at NewsCorp Building in Manhattan. Erik Mcgregor | Lightrocket | Getty Images Fox Corp. will launch its direct-to-consumer streaming service, to be called Fox One, ahead of the National Football League season later this year. Fox CEO Lachlan Murdoch unveiled the name and timing of […]
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Trump to sign order to cut some U.S. drug prices to match lower ones abroad
President Donald Trump on Monday will revive a controversial policy that aims to slash drug costs by tying the amount the government pays for some medicines to lower prices abroad, White House officials said. Trump will sign an executive order including several different actions to renew that effort, known as the “most favored nation” policy. […]
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Dow futures rocket higher by 1,100 points after U.S.-China agree to cut tariffs: Live updates
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters U.S. stock futures jumped early Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland. Dow Jones Industrial Average futures gained 1,117 points, or 2.6%. S&P 500 futures climbed 3.1%, and Nasdaq-100 […]
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KindlyMD shares skyrocket 600% after merger with Trump crypto advisor David Bailey’s bitcoin investment company
People walk past an advertisement feature Donald Trump with Bitcoin in Hong Kong. May James | Lightrocket | Getty Images Shares of KindlyMD skyrocketed 600% Monday after the healthcare company announced a merger with Nakamoto Holdings, a bitcoin investment company founded by David Bailey, a key cryptocurrency advisor to President Donald Trump. The newly formed […]
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FAA weighs reducing Newark flights after hundreds of disruptions
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau joins ‘Squawk Box’ with the latest developments on the mounting air traffic control problems at Newark Liberty International Airport. Source
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Opt out or get scraped: UK’s AI copyright shake-up has Elton John, Dua Lipa fighting back
Sir Elton John (right) performs at the Verizon Center in Washington, D.C. Kyle Gustafson | For The Washington Post | Getty Images Celebrity musicians from Elton John to Dua Lipa are urging the U.K. government to rethink controversial plans to reform copyright laws that allow artificial intelligence developers access to rights-protected content. An open letter […]
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Stocks making the biggest moves premarket: Nvidia, Best Buy, Eli Lilly, Tesla, Amazon and more
Check out the companies making headlines before the bell. Big Tech stocks – Shares of megacap technology companies surged after the U.S. and China agreed to temporarily cut tariffs , bringing the U.S. tariff rate on Chinese imports down to 30% and China’s duties on U.S. imports to 10%. Tesla , which has seen declining […]
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