Donald Trump
Bessent says U.S. has ‘lots’ of options to use on tariffs if it loses Supreme Court case
Treasury Secretary Scott Bessent said Tuesday that there are other options in case of defeat as the Supreme Court is about to hear a landmark case on President Donald Trump’s tariffs. The high court is set Wednesday to hear arguments on whether Trump exceeded his authority under the International Emergency Economic Powers Act to enact […]
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Trump suggests U.S. won’t pay any SNAP benefits during shutdown, contradicting court filing
A volunteer displays information on the Supplemental Nutritional Assistance Program (SNAP) at a grocery store in Dorchester, Massachusetts, US, on Monday, Nov. 3, 2025. Mel Musto | Bloomberg | Getty Images President Donald Trump on Tuesday suggested that the United States will not pay any SNAP benefits at all during the government shutdown, contradicting a […]
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NYC mayoral race: Mamdani, Cuomo, Sliwa fight to replace Adams as Trump weighs in
Independent candidate former New York Gov. Andrew Cuomo, Republican candidate Curtis Sliwa and Democratic candidate Zohran Mamdani participate in a mayoral debate, in New York, U.S. October 16, 2025. Angelina Katsanis | Via Reuters New York City voters will elect a new mayor on Tuesday, as two well-known Big Apple names strive to beat a […]
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Pfizer tops estimates, raises profit guidance even as sales fall
Smith Collection | Archive Photos | Getty Images Pfizer on Thursday reported third-quarter earnings and revenue that topped estimates and hiked its full-year profit guidance, as cost cuts helped to outweigh declining sales for the period. The pharmaceutical giant now expects its full-year adjusted profit to come in between $3 and $3.15 per share, up […]
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CNBC Daily Open: AI is carrying the weight of the U.S. market
CFOTO | Future Publishing | Getty Images The “everything store” might have secured its biggest customer yet. On Monday, Amazon announced that it had signed a $38 billion deal with OpenAI, offering the ChatGPT maker access to Amazon Web Services’ infrastructure. On the one hand, the move isn’t too surprising — a continuation of OpenAI’s spending spree […]
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CNBC Daily Open: Outside AI, the market isn’t looking that hot
CFOTO | Future Publishing | Getty Images The “everything store” might have secured its biggest customer yet. On Monday, Amazon announced that it had signed a $38 billion deal with OpenAI, offering the ChatGPT maker access to Amazon Web Services’ infrastructure. On the one hand, the move isn’t too surprising — a continuation of OpenAI’s spending spree […]
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Trump tells New York ‘you must vote’ for Cuomo over Mamdani on eve of mayoral election
Andrew Cuomo, New York City mayoral candidate, during a campaign event in New York, US, on Monday, Nov. 3, 2025. Christian Monterrosa | Bloomberg | Getty Images President Donald Trump on Monday night explicitly called on New York City residents to vote for Andrew Cuomo over Democratic nominee Zohran Mamdani in the mayoral election. Trump’s […]
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Palantir tops estimates, boosts fourth-quarter guidance on AI adoption
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Palantir reported quarterly results that topped analysts’ estimates and issued better-than-expected guidance for the fourth quarter, attributing much of its strength to artificial intelligence. […]
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Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut
Key Points Federal Reserve Governor Lisa Cook, in her first policy speech since President Donald Trump tried to remove her from office, said Monday that she supported the recent interest rate cut. She noted that December is a “live meeting,” with the rate decision dependent on how risks break down between stubborn inflation and a […]
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