Month: July 2025
Trump backs further away from firing Powell: ‘He’s going to be out pretty soon anyway’
Key Points President Donald Trump continued his barrage of criticism against the Federal Reserve but seemed to take a step back from any lingering plans to fire Chair Jerome Powell. “He’s going to be out pretty soon anyway,” Trump told reporters. Trump has accused Powell of being political and nicknamed him “too late” when it […]
Read More
House speaker starts August recess early to avoid Jeffrey Epstein votes
U.S. Speaker of the House Rep. Mike Johnson (R-LA) speaks as (L-R) House Majority Whip Rep. Tom Emmer (R-MN) and House Majority Leader Rep. Steve Scalise (R-LA) listen during a news conference at the U.S. Capitol on July 22, 2025 in Washington, DC. Alex Wong | Getty Images The House of Representatives will begin its […]
Read More
How companies are using body heat sensors to make offices more efficient and hospitable
Butlr heat sensing tech provides insights into office space utilization. Courtesy of Butlr A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large […]
Read More
Stocks making the biggest moves midday: Kohl’s, General Motors, Lockheed Martin, Medpace and more
Check out the companies making headlines in midday trading: Opendoor Technologies , Kohl’s — The two stocks have been cited on Reddit’s WallStreetBets forum and have seen some wild moves as retail traders chase meme stocks . Opendoor, an online real estate startup, surged earlier in the day, but was recently down nearly 2%. Still, […]
Read More
Microsoft says Chinese hacking groups exploited SharePoint vulnerability in attacks
Microsoft CEO Satya Nadella speaks during an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. Microsoft Corp., determined to hold its ground in artificial intelligence, will soon let consumers tailor the Copilot digital assistant to their own needs. David Ryder | Bloomberg | Getty Images […]
Read More
Shares of department store Kohl’s surge 30% in wild trading
A Kohl’s store in Pleasant Hill, California, US, on Monday, Nov. 25, 2024. Kohl’s Corp. is expected to release earnings figures on November 26. Bloomberg | Bloomberg | Getty Images Shares of Kohl’s surged on Tuesday morning in volatile trading that echoed the meme stock rallies of recent years. The legacy department store’s stock more […]
Read More
Bessent says Powell doesn’t need to resign but should conduct internal review
Key Points Treasury Secretary Scott Bessent on Tuesday asserted that Fed Chair Jerome Powell does not need to resign though also he also repeated his desire for a review of the central bank’s operations. “There’s nothing that tells me that he should step down right now. He’s been a good public servant,” Bessent said. Source
Read More
Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence
President of Queens’ College of Cambridge University Mohamed El-Erian speaks during a panel discussion at the headquarters of the International Monetary Fund during the Annual Meetings of the IMF and World Bank in Washington, D.C., on Oct. 13, 2022. James Lawler Duggan | Reuters Mohamed El-Erian on Tuesday called for Federal Reserve Chair Jerome Powell […]
Read More
Warren Buffett knocks down reports that Berkshire’s BNSF taps Goldman for a railroad takeover
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett and the media by the BNSF Railway display at the Annual Berkshire Hathaway Shareholder’s Meeting in Omaha, NE on May 6, 2017. Lacy O’Toole | CNBC Warren Buffett on Tuesday knocked down reports that Berkshire Hathaway-owned railroad BNSF was working with Goldman Sachs […]
Read More
Tesla Diner: Photos show opening of Musk’s futuristic California drive-in
People dine inside during the opening of the Tesla Diner and Drive-In restaurant and Supercharger on Santa Monica Blvd in the Hollywood neighborhood Los Angeles, California on July 21, 2025. Patrick T. Fallon | Afp | Getty Images Elon Musk’s flagship Tesla Diner opened Monday in Hollywood, California, and the CEO is already eyeing expansion […]
Read More