Donald J. Trump
Fed chair candidate Hassett says U.S. is way behind the curve on lowering interest rates
National Economic Council Director Kevin Hassett said Tuesday that the Federal Reserve is not cutting interest rates quickly enough, even though the U.S. economy grew at a much faster-than-expected pace in the third quarter. Hassett, a leading contender to succeed Federal Reserve Chair Jerome Powell when his term ends in May, said the artificial intelligence […]
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Southwest’s profits are down 42% this year but it’s the top U.S. airline stock
A Southwest Airlines Boeing 737 airplane arrives at Los Angeles International Airport from San Francisco on March 28, 2025 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Southwest Airlines‘ profits fell 42% in the first nine months of the year compared with the same period in 2024. But its stock […]
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U.S. pushes additional tariffs on Chinese chips to June 2027
A silicon wafer with chips etched into is seen as U.S. Vice President Kamala Harris tours a site where Applied Materials plans to build a research facility, in Sunnyvale, California, U.S., May 22, 2023. Pool | Reuters The U.S. will increase tariffs on Chinese semiconductor imports in June 2027, at a rate to be determined at […]
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Why we put Alphabet back in the Bullpen — plus, Cramer’s case for Nvidia in 2026
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks were little changed as bond yields rose after a strong third-quarter GDP reading dampened expectations for future Fed interest rate cuts. However, Jim Cramer said the market is […]
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The next AI pivot will be toward efficiency and lowering costs, ex-Facebook privacy chief says
Former Facebook Chief Privacy Officer Chris Kelly said Monday that the next phase of the artificial intelligence boom will focus on becoming more efficient. As major AI players race to churn out the infrastructure needed to support AI workloads, Kelly told CNBC’s “Squawk Box” that the industry will need to streamline these power-intensive buildouts. “We […]
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Epstein files: Latest batch from DOJ includes court records, flight logs and heavily redacted documents
The Department of Justice on Tuesday released another batch of files related to deceased sex offender Jeffrey Epstein. The latest documents appear to contain court records, emails, and some heavily or completely redacted files. In a Tuesday morning post to X, the DOJ announced the latest drop and claimed to have released “nearly 30,000 more […]
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EV realism is here. How automakers react in 2026 will be telling
Frederic J. Brown | Afp | Getty Images DETROIT – The U.S. automotive industry has entered a new phase for all-electric vehicles: realism. The industry was euphoric about the EV segment in the early 2020s, but consumer demand never took off as much as expected and, as it fizzled, automakers monitored and planned how to […]
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How U.S. oil tanker seizures targeting Venezuela are linked to rising geopolitical tensions with China
A U.S. military helicopter flies over the Panama-flagged Centuries, which was intercepted by the U.S. Coast Guard, days after U.S. President Donald Trump announced a “blockade” of all sanctioned oil tankers entering and leaving Venezuela, east of Barbados in the Caribbean Sea on Dec. 20, 2025. Department Of Homeland Security | Via Reuters The escalating […]
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Greenland PM rebukes Trump special envoy overture
Greenland Prime Minister Jens-Frederik Nielsen on Monday rebuked President Donald Trump’s appointment of a special envoy to Greenland, the U.S. president’s latest move in his long-running effort to acquire the autonomous island territory of Denmark. “Greenland belongs to the Greenlandic people, and territorial integrity must be respected,” Nielsen said in a statement. “We are happy […]
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Crypto laments loss of key ally on Capitol Hill after Lummis announces retirement
Senator Cynthia Lummis, R-Wyo., listens during a panel titled ”Make the Greatest Economy in the World Work for All Americans” at the America First Policy Institute America First Agenda Summit in Washington, July 26, 2022. Sarah Silbiger | Reuters The cryptocurrency industry is mourning the loss of its fiercest advocate on Capitol Hill after Sen. […]
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