Donald J. Trump
Trump half-billion-dollar civil fraud penalty thrown out by appeals court
U.S. President Donald Trump stands next to Azerbaijan President Ilham Aliyev (not pictured) at the White House in Washington, D.C., U.S., August 8, 2025. Jessica Koscielniak | Reuters A New York state appeals court on Thursday threw out a more than $500 million civil business fraud penalty imposed on President Donald Trump. The appeals court […]
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Trump immigration policy may be shrinking labor force, economists say
Key Points Evidence suggests Trump administration immigration policies are shrinking the size of the immigrant labor force, and the broader U.S. labor pool in recent months, according to economists CNBC spoke with and research notes on the topic. If sustained, which isn’t assured, it could pose challenges for the U.S. economy, those experts said. The […]
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Trump’s Nvidia and Intel meddling is a ‘scattershot method of crony capitalism’: Walter Isaacson
President Donald Trump’s dealings with Intel and Nvidia amount to a “scattershot method of crony capitalism,” Walter Isaacson said Thursday. “That state capitalism often evolves into crony capitalism, where you have favored companies and industries that pay tribute to the leader, and that is a recipe for not only disaster, but just sort of a […]
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How billionaire family offices bet on stocks during tariff turmoil
Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are known to invest for the long haul, sometimes for generations. […]
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Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut
Key Points Kansas City Federal Reserve President Jeffrey Schmid in a CNBC interview Thursday expressed doubt about lowering interest rates in September, saying there’s more work to do on inflation. Schmid is a voter this year on the rate-setting FOMC. Source
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CNBC Daily Open: Tech sell-off? Investors could just be taking profit and enjoying the summer
A Palantir sign at the World Economic Forum annual meeting in Davos, Switzerland, on May 22, 2022. Fabrice Coffrini | Afp | Getty Images If you have any U.S. technology stocks in your portfolio (and let’s face it, who doesn’t?), you might want to look away. For the second day in a row, tech stocks […]
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Walmart will report earnings before the bell. Here’s what to expect
The logos of Walmart and Sam’s Club are pictured in Cuautitlan Izcalli, Mexico, January 30, 2025. Raquel Cunha | Reuters Walmart will report quarterly earnings on Thursday, as economists and investors try to gauge how U.S. consumers are responding to President Donald Trump’s decision to raise tariffs on dozens of countries across the globe. Here’s […]
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CNBC Daily Open: The U.S. tech-sell off extends to its second day — but don’t let it ruin your summer
Palantir Technologies signage on an options contract ticker as traders work on the floor of American Stock Exchange at the New York Stock Exchange in New York, U.S., on Friday, June 20, 2025. Michael Nagle | Bloomberg | Getty Images If you have any U.S. technology stocks in your portfolio (and let’s face it, who […]
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Asia markets set for muted start as investors assess S&P 500’s four-day losing streak
Evening view of Marine Drive, Queen’s necklace, Juhu and Chowpatty beaches Grant Faint | The Image Bank | Getty Images Asia-Pacific markets were poised for a muted start to the day as investors assessed the four-day losing streak for the S&P 500, led by declines in tech stocks. Investors in the region are awaiting India’s HSBC Composite […]
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As Target chases a comeback, its new CEO must take on skeptical investors and customers
People walk by a Target store in midtown Manhattan in New York City, March 21, 2025. Kylie Cooper | Reuters When Target’s new CEO Michael Fiddelke steps into the role in early February, he will inherit a company facing slumping sales, faltering customer loyalty and skeptical investors. Its fiscal second-quarter results posted Wednesday illustrated the […]
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