Month: August 2025
Korean Air makes airline’s biggest-ever Boeing jet order amid Trump-Lee summit
Employees stand in front of a Boeing Co. 787-9 Dreamliner passenger aircraft operated by Korean Air Lines Co. SeongJoon | Bloomberg | Getty Images Korean Air announced a $50 billion order on Monday for 103 Boeing airplanes and GE Aerospace engines and servicing, coinciding with the visit of South Korean President Lee Jae Myung to Washington. The order, the largest in […]
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Trump vows ‘substantial’ new tariffs, chip restrictions on countries with digital taxes
U.S. President Donald Trump meets with European Commission President Ursula von der Leyen, in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | Reuters President Donald Trump vowed Monday to impose “substantial” new tariffs and restrict U.S. chip exports for all countries that do not remove digital taxes and related regulations. Trump wrote on Truth Social […]
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Trump says he’s removing Fed Governor Lisa Cook, cites mortgage fraud allegations
Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board open meeting discussing proposed revisions to the board’s supplementary leverage ratio standards at the Federal Reserve Board building in Washington, DC, on June 25, 2025. Saul Loeb | AFP | Getty Images President Donald Trump on Monday […]
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Pentagon’s innovation unit chief resigns in latest shake-up, sources say: Reuters
A general view of the Pentagon in Washington, D.C., U.S., March 21, 2025. Kent Nishimura | Reuters The head of a Pentagon unit responsible for accelerating the military’s adoption of new technology resigned on Monday, according to four people familiar with the matter, the latest exit of a senior military official whose political views have clashed with those of U.S. […]
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Asia-Pacific markets set to open lower after Wall Street declines
People Maydays | Moment | Getty Images Asia-Pacific markets were poised to open lower Tuesday, tracking losses on Wall Street, with investors awaiting a key U.S. inflation report for clarity on the Federal Reserve’s rate-cut path. Investors will also assess the meeting between South Korean and U.S. presidents over fleshing out the trade deal framework […]
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Google says Fox channels to go dark on YouTube TV if agreement isn’t reached
Nurphoto | Nurphoto | Getty Images Google-owned YouTube on Monday said it may remove channels including Fox Broadcast Network, Fox News and Fox Sports from its TV streaming platform if it doesn’t reach an agreement with Fox Corporation. YouTube TV’s renewal date with Fox is coming on Wednesday, and while the two companies have been […]
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Stock futures are little changed after major averages fall to start week: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2025. Brendan McDermid | Reuters U.S. stock futures were little changed Monday night after the major averages slid to start the week, with investors awaiting Nvidia’s earnings and the Federal Reserve’s preferred inflation gauge in the […]
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Warren Buffett just told CNBC his plan for trains. The stocks are moving
Warren Buffett is not in the market to buy another railroad but he met with the CEO of CSX earlier this month and discussed cooperation to make freight rail more efficient, he told CNBC’s Becky Quick on Monday. Berkshire Hathaway Chairman Buffett and CEO-designate Greg Abel met with CSX CEO Joseph Hinrichs in Omaha, Nebraska, […]
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Cracker Barrel responds to backlash over new logo and rebranding: ‘We could’ve done a better job’
The new Cracker Barrel logo is seen on a menu inside the restaurant on Aug. 21, 2025 in Pembroke Pines, Florida. Joe Raedle | Getty Images Cracker Barrel Old Country Store on Monday issued a statement responding to the widespread backlash it faced last week over its rebranding and new logo. “If the last few […]
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Santoli’s Monday market wrap-up: Stocks regroup after ‘risk-on’ rally
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) Stocks regroup after Friday’s broad and emphatic “risk-on” rally, responding to the increased likelihood that the Federal Reserve will resume cutting interest rates next month into a still-steady economy with equity indexes near […]
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