Donald Trump
Trump policies, China’s biotech boom are ending Europe’s pharma powerhouse era
Boxes of medication are seen on the shelves of the Keencare pharmacy, a member of the Green Light Group, on September 19, 2024 in London, England. Leon Neal | Getty Images News | Getty Images Once the go-to location for global drugmakers, Europe is now being squeezed by President Donald Trump’s aggressive trade and drug-pricing […]
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Trump’s 250-foot ‘triumphal arch’ would loom over Potomac, new renderings show
A rendering of plans for a 250-foot triumphal arch in Washington, D.C. Courtesy: Harrison Design | U.S. Commission of Fine Arts New architectural drawings of President Donald Trump’s controversial proposed “triumphal arch” released on Friday show a 250-foot structure standing across the Potomac River from the Lincoln Memorial in Washington, D.C. The drawings, submitted by […]
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Vance, Bessent questioned tech giants on AI security before Anthropic’s Mythos release
U.S. Vice President JD Vance speaks next to U.S. Treasury Secretary Scott Bessent at the White House in Washington, D.C., U.S., Sept. 25, 2025. Kevin Lamarque | Reuters Vice President JD Vance and Treasury Secretary Scott Bessent last week questioned leading tech CEOs about the security of artificial intelligence models and how to respond to […]
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White House warned staff against making Iran war bets on prediction markets
Samuel Boivin | Nurphoto | Getty Images The White House last month warned staff in an email not to make prediction markets bets related to the Iran war, a Trump administration official confirmed Friday. The warning came amid increasing concern about insider trading on prediction markets such as Polymarket after a series of suspiciously timed […]
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Michael Burry says he’s still betting against Palantir after Trump post boosts stock
Key Points “Big Short” investor Michael Burry is sticking with his bearish bet against defense tech company Palantir Technologies. Burry said in a Substack post that he’s still holding long-dated put options on Palantir. He said he’s been betting against the company since the fall of 2025. The investor’s comments come as President Donald Trump […]
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Trump praises Palantir with stock down 14% this week as Iran conflict drags on
CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit, at Carnegie Mellon University in Pittsburgh, Pennsylvania, U.S., July 15, 2025. Nathan Howard | Reuters President Donald Trump lauded Palantir in a post to Truth Social on Friday as the artificial intelligence software stock headed for a 15% weekly plunge. “Palantir Technologies […]
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Consumer sentiment hits record low, inflation fears rise amid Iran war
Consumer confidence plunged to a record low in April as fears mounted over rising energy prices and the broader impact of the Iran war, according to a University of Michigan survey Friday. The university’s headline index of consumer sentiment tumbled to 47.6, down 10.7% from the March survey to its lowest on record. Current conditions […]
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Vance expects U.S. negotiations with Iran on war will be ‘positive’
U.S. Vice President JD Vance speaks to the media before boarding Air Force Two for expected departure to Pakistan for talks on Iran, at Joint Base Andrews, Maryland, U.S., April 10, 2026. Jacquelyn Martin | Via Reuters Vice President JD Vance said on Friday that he thinks negotiations with Iran to end the six-week war […]
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S&P 500 is about to wipe out Iran war losses. Why stocks are more optimistic than oil
U.S. stocks are on the verge of erasing losses sparked by the Iran war, with investors increasingly betting the geopolitical shock will prove short-lived. Oil markets remain far more cautious. A two-week ceasefire announced Tuesday night has helped fuel the recovery in stocks, triggering a relief rally that has helped push shares to recoup more […]
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Standstill in the Strait of Hormuz, new inflation data, Warsh’s Senate hearing and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. Have any letters you’ve been meaning to send? You might want to get them in the mail sooner rather than later: The U.S. Postal Service is looking to hike prices as it goes through what it calls a “severe financial […]
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