Donald J. Trump
Inside the renovations of the Federal Reserve headquarters: Slideshow
The front facade of the Marriner S. Eccles Federal Reserve Board Building is visible as a massive renovation continues on the building and the 1951 Constitution Avenue Building on July 24, 2025 in Washington, DC. Andrew Harnik | Getty Images After months of President Donald Trump criticizing Federal Reserve Chairman Jerome Powell for his refusal […]
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$9.7 million of U.S.-funded contraceptives for poor nations to be burned in France: Reuters
Free condoms are seen at a community center operated by LoveYourself, a nonprofit impacted by the Trump administration’s freeze on foreign aid, on February 19, 2025 in Mandaluyong, Metro Manila, Philippines. Ezra Acayan | Getty Images U.S.-funded contraceptives worth nearly $10 million are being sent to France from Belgium to be incinerated, after Washington rejected offers from […]
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Trump Commerce Secretary Lutnick says U.S. auto CEOs are ‘cool with’ higher tariffs than Japan
Commerce Secretary Howard Lutnick said Thursday that American auto CEOs told him they are “cool with” President Donald Trump’s new trade deal, which could put lower tariffs on cars imported from Japan than on cars made by U.S. companies in Canada and Mexico. Lutnick brushed off complaints from a group representing General Motors, Ford and […]
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Nvidia addresses AI chip smuggling, says bootleg data centers are a ‘losing proposition’
Nvidia said Thursday that data centers built with smuggled chips are a “losing proposition” and that it does not support unauthorized products. The statement came in response to a Financial Times report that at least $1 billion worth of its artificial intelligence chips illegally entered China. “Trying to cobble together datacenters from smuggled products is […]
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Trump says he won’t ‘destroy’ Musk’s companies by taking away subsidies
Elon Musk receives a golden key from U.S. President Donald Trump in the Oval Office at the White House in Washington, D.C., U.S., May 30, 2025. REUTERS/Nathan Howard Nathan Howard | Reuters President Donald Trump on Thursday denied claims that he wants to wreck Elon Musk’s companies and their work with the U.S. government. “Everyone […]
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Commerce Sec. Lutnick says TikTok will go dark if China won’t agree to U.S. control of the social media app
Commerce Secretary Howard Lutnick said Thursday that TikTok will go dark for Americans unless China agrees to give the U.S. more control over the popular short-form video app. “We’ve made the decision. You can’t have Chinese control and have something on 100 million American phones,” Lutnick told CNBC’s “Squawk on the Street” on Thursday. TikTok’s future in […]
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Jeffrey Epstein accomplice Ghislaine Maxwell expected to meet with DOJ on Thursday
Ghislaine Maxwell, longtime associate of accused sex trafficker Jeffrey Epstein, speaks at a news conference on oceans and sustainable development at the United Nations in New York, June 25, 2013 in this screengrab taken from United Nations TV file footage. UNTV | Reuters Ghislaine Maxwell, the imprisoned accomplice of notorious sex offender Jeffrey Epstein, is […]
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Family office deal-making has fallen this year as investors wait for clarity
Key Points Private investment firms of the ultra wealthy made 375 direct investments in the first half of 2025, a 32% annual drop, according to Fintrix. Family offices are still showing interest in hard assets needed by AI, such as data centers, and are also looking abroad. Family office experts told CNBC that firms have […]
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Tesla shares drop 6% in premarket trading after auto sales plunge again
Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Tesla shares fell 6% in premarket trading on Thursday after the company reported a second straight quarter of declining automotive sales. Elon […]
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World’s largest olive oil producer warns U.S. consumers of a double whammy from Trump tariffs
Bottles from the Spanish cooking and extra virgin olive oil brand Carbonell are seen displayed for sale at a supermarket. Sopa Images | Lightrocket | Getty Images Spain’s Deoleo, the world’s largest olive oil producer, says U.S. President Donald Trump’s threat to impose 30% tariffs on imports from the European Union could translate into higher […]
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