Month: August 2025
Trump says ‘Cracker Barrel should go back to the old logo’
A Cracker Barrel sign featuring the old logo hangs on the outside of a restaurant on August 21, 2025 in Homestead, Florida. Joe Raedle | Getty Images President Donald Trump weighed in Tuesday on the controversial rebranding of Cracker Barrel Old Country Store, writing that, “Cracker Barrel should go back to the old logo, admit […]
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Apple announces launch event on Sept. 9, iPhone 17 expected
Apple announces an iPhone event on Sept. 9. Courtesy: Apple Apple on Tuesday sent invites to the media and analysts for a launch event at its campus on September 9 at 10 A.M pacific time. The tagline on the invite is: “Awe dropping.” Apple is expected to release new iPhones, as it usually does in […]
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Trump’s Cook firing will likely end up in the Supreme Court’s hands
Key Points President Donald Trump’s attempt to fire Fed Governor Lisa Cook will likely end up before the Supreme Court, Wall Street economists and analysts say. The Federal Reserve Act allows presidents to remove Fed governors “for cause,” but the statute is ambiguous about what this means. If Trump successfully ousts Cook, he would be […]
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Fed mum on whether Lisa Cook is at the office after Trump removed her from board
The Board of Governors of the Federal Reserve System building in Washington D.C. on Aug. 26, 2025. Erin Doherty | CNBC The Federal Reserve was mum on Tuesday when asked whether Fed Board Governor Lisa Cook was at her office — or working remotely — a day after President Donald Trump said he had fired […]
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Lisa Cook will sue over Trump firing from Fed board, her lawyer says
Lisa Cook, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. Al Drago | Bloomberg | Getty Images Federal Reserve Board Governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, her attorney said Tuesday. “President Trump has no authority […]
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The chart that shows how U.S. companies are trying to beat Trump’s China trade war
In an aerial view, a container ship arrives at the Port of Oakland on August 1, 2025 in Oakland, California. Justin Sullivan | Getty Images The Trump administration’s latest escalation of the trade war with China has drawn several parallels to its origins back in 2018. However, there is a significant difference: the degree to […]
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Student housing CEO says luxury is losing its appeal
Annex, a Scion community in Oxford, Ohio, that serves students of Miami University. Courtesy of Scion 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 […]
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Lutnick suggests Lisa Cook’s refusal to accept Trump firing from Fed supports fraud claim
Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Integrated Review of the Capital Framework for Large Banks Conference in Washington, DC, US, on Tuesday, July 22, 2025. Al Drago | Bloomberg | Getty Images Commerce Secretary Howard Lutnick suggested Tuesday that Federal Reserve Board Governor Lisa Cook’s refusal to willingly leave […]
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Lamborghini CEO says tariffs are causing even the wealthiest buyers to pause
Uncertainty around tariffs has caused even the wealthiest buyers of Lamborghini supercars to hold off on their purchases, CEO Stephan Winkelmann told CNBC. While the White House recently announced an agreement with Europe on a 15% tariff rate, that rate hasn’t yet taken effect for cars. Lamborghini and other European automakers are still paying a […]
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World’s largest sovereign wealth fund exits Caterpillar and five banks on Israel concerns
An Israeli soldier walks near an armored vehicle in Qalqilya, West Bank, on August 7, 2025, during a night raid marked by confrontations with residents. The raid, part of ongoing Israeli operations in the West Bank, adds to the tension in Qalqilya, a city encircled by the Israeli separation barrier and frequently targeted in military […]
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