Month: August 2025
Murdoch to provide Trump health updates in deal to delay Epstein case deposition
U.S. President Donald Trump and Rupert Murdoch. Kevin Lamarque | Ricky Carioti | Via Reuters Conservative media baron Rupert Murdoch will give President Donald Trump regular updates on his health as part of an agreement to postpone Murdoch’s deposition in Trump’s $10 billion defamation lawsuit against him over a Wall Street Journal article about late […]
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U.S. trade deficit hits a nearly 2-year low in June; China gap plunges
A ferry passenger looks at a cargo ship full of shipping containers at the port of Oakland, California, U.S., August 4, 2025. Carlos Barria | Cb The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 […]
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Former X CEO Linda Yaccarino takes helm at digital health company eMed
Linda Yaccarino, CEO of X Corp., attends the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 5, 2025. Mike Blake | Reuters Linda Yaccarino, the former chief executive of Elon Musk’s social media platform X, is pivoting into health care. The digital health company eMed Population Health on Tuesday announced it has […]
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Chocolate, skincare and timepieces: What 39% tariffs on Swiss goods mean for U.S. consumers
Premium collection of dark, milk and white chocolates. Anna Kurzaeva | Moment | Getty Images U.S. buyers of Swiss products, from luxury watches and skincare to artisan chocolates, could soon face sharp price rises if negotiators are unable to strike a deal to avert 39% tariffs due to come into effect on Thursday. The announcement […]
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Fox One streaming service to launch ahead of NFL season on Aug. 21, at $19.99 per month
Fox Corp. will launch its direct-to-consumer streaming service, Fox One, on Aug. 21, ahead of the NFL season, the company said Tuesday. The new streaming service will cost $19.99 per month, and pay TV subscribers will receive access for free, said CEO Lachlan Murdoch during the company’s earnings call. Fox One will host the entirety […]
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Russia’s economy ‘stinks,’ Trump says, and lower oil prices will stop its war machine
(COMBO) This combination of pictures created on February 21, 2020 shows US President Donald Trump delivers remarks at a Keep America Great rally in Phoenix, Arizona, on February 19, 2020. Russian President Vladimir Putin delivers a speech during a ceremony in Jerusalem on January 23, 2020 commemorating the people of Leningrad during the Second World […]
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Palantir stock pops 8% after blowout quarter driven by AI, efficiency demand
Palantir stock popped more than 8% Tuesday after the software analytics provider lifted its full-year outlook, boosted by the artificial intelligence wave. CEO Alex Karp called the earnings results a “once in a generation, truly anomalous quarter” during an earnings call with analysts. “We’re very proud and we’re sorry that our haters are disappointed, but […]
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Watch CNBC’s full interview with President Donald Trump
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email President Donald Trump joins ‘Squawk Box’ via phone to discuss the latest news affecting markets and the country’s economic goals. 39:56 Tue, Aug 5 20259:07 AM EDT Source
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Trump says new semiconductor tariff plan coming as soon as next week
President Donald Trump said Tuesday he will unveil new tariffs on semiconductors and chips as soon as next week. “We’re going to be announcing on semiconductors and chips, which is a separate category, because we want them made in the United States,” Trump said during a lengthy interview on CNBC’s “Squawk Box.” Trump said that […]
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Trump says pharma tariffs could eventually reach up to 250%
U.S. President Donald Trump talks to members of the press at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S., August 3, 2025. Ken Cedeno | Reuters President Donald Trump told CNBC’s “Squawk Box” on Tuesday that planned tariffs on pharmaceuticals imported into the U.S. could eventually reach up to 250%, the highest rate he has […]
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