Breaking News: Politics
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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Trump says JPMorgan Chase, Bank of America rejected him as a bank customer
watch now VIDEO6:2406:24 President Trump says JPMorgan Chase and Bank of America rejected him as a customer Squawk Box President Donald Trump said Tuesday that the two largest U.S. banks rejected him as a customer, reviving claims that conservative customers were being unfairly denied accounts. JPMorgan Chase informed him that he had 20 days to […]
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President Donald Trump to join ‘Squawk Box’ at 8 a.m. ET
President Donald Trump joins Squawk Box at 8 a.m. on August 5, 2025. President Donald Trump will join CNBC’s “Squawk Box” on Tuesday around 8 a.m. ET for a wide-ranging conversation on the economy and the state of the U.S. Trump’s interview comes as the administration juggles a slew of tariff negotiations as well as […]
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India calls out EU and U.S.’ trade with Russia after Trump threatens steeper tariffs on New Delhi
Students from Gurukul School of Art, carry a poster of Prime Minister of India Narendra Modi and U.S. President Donald Trump on India outside their school. U.S. President Donald Trump imposed a 25% tariff on India along with penalties for buying oil and military equipments from Russia. Sopa Images | Lightrocket | Getty Images India […]
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Brazil Supreme Court justice orders house arrest of former president Bolsonaro
Former Brazilian President Jair Bolsonaro speaks to the press at the Federal Senate in Brasilia on July 17, 2025. Mateus Bonomi | Afp | Getty Images Brazil’s Supreme Court on Monday issued an house arrest order for former President Jair Bolsonaro, who is standing trial for allegedly plotting a coup, in a move that could escalate […]
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Palantir tops $1 billion in revenue for the first time, boosts guidance
Palantir topped Wall Street’s estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance. Shares rallied more than 5%. Here’s how the company did versus LSEG estimates: Earnings per share: 16 cents adj. vs. 14 cents expected Revenue: $1.00 billion vs. $940 million expected The artificial intelligence software […]
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Jobs data revisions are common. Here’s how the process works.
President Donald Trump fired the commissioner of the Bureau of Labor Statistics, claiming that last week’s jobs report “was rigged” without providing any evidence. But former Labor Statistics officials say that the commissioner typically doesn’t have a role in preparing the monthly jobs report. “There’s no way for that to happen,” said William Beach, Trump’s […]
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Trump stokes conspiracies about jobs data, as White House defends firing BLS chief
U.S. President Donald Trump walks towards reporters from Marine One at at the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images President Donald Trump and one of his top economic advisors on Monday stoked baseless conspiracies about federal jobs data, suggesting without evidence that Friday’s weaker-than-expected employment […]
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Trump says he will ‘substantially’ raise tariffs on India over Russian oil purchases
President Donald Trump said on Monday he will substantially raise tariffs on India over its purchases of Russian oil. “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine […]
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