Donald Trump
PBS sues Trump over executive order to cut funding
The Public Broadcasting Service on Friday sued President Donald Trump to block his attempt to cut off its federal funding, and accused the president of retaliating against the public broadcaster over “perceived political slights in news coverage.” Trump’s executive order targeting PBS’ funding “will upend public television,” lawyers for the broadcaster behind “Mister Rogers’ Neighborhood” […]
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Trump will hold a rally at U.S. Steel as investors seek clarity on Nippon deal. Here’s what we know
President Donald Trump will hold a rally Friday at a U.S. Steel plant near Pittsburgh, a week after signaling that he had cleared a controversial merger with Japan’s Nippon Steel. Trump is scheduled to deliver remarks at 5 p.m. ET at U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania, according to the White House. Investors […]
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Elon Musk deflects question about report of drug use, family drama as Trump looks on
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Tesla CEO Elon Musk on Friday deflected a reporter’s effort to ask the mega-billionaire about a New York Times article detailing his alleged […]
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Tesla shares set to wrap strong May as Elon Musk ends time with Trump’s DOGE
Elon Musk is interviewed on CNBC from the Tesla headquarters in Texas. CNBC Shares of the Elon Musk-led automaker Tesla have rallied in May despite recent poor car sales numbers for the company in China and Europe, as the billionaire CEO promised to focus more on his businesses than politics. Tesla shares are on track […]
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This is why Jamie Dimon is so gloomy on the economy
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The more Jamie Dimon worries, the better his bank seems to do. As JPMorgan […]
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Trump, Elon Musk to hold joint event as DOGE loses its leader, top staffers
President Donald Trump on Friday will host a press event to celebrate Elon Musk as the Tesla CEO concludes his official government service after four turbulent months leading the so-called Department of Government Efficiency. Musk’s scheduled departure comes at a precarious moment, both for DOGE and for his relationship with the president. Multiple top staffers […]
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China calls out Trump for ‘abuse’ of semiconductor export controls
Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images China is calling out the U.S. for “discriminatory restrictions” in its use of export controls in the chip industry, after the Trump administration accused the world’s second-largest economy of violating a preliminary trade deal between the two countries. […]
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Supreme Court rules Trump can revoke protected status for 500,000 immigrants pending appeal
Venezuelan migrants deported from the United States and stranded in Honduras disembark from a Conviasa Airlines plane upon arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 24, 2025. Juan Barreto | Afp | Getty Images The Supreme Court ruled Friday that President Donald Trump can terminate the protected status of around 500,000 […]
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Trump accuses China of violating preliminary trade deal
Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images President Donald Trump on Friday accused China of violating a preliminary trade agreement with the United States. Trump made the claim in a social media post a day after Treasury Secretary Scott Bessent said that trade talks with […]
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U.S. foreign tax bill sends jitters across Wall Street
While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his laws could weaponize the American tax system. Investment banks and law firms warn this step could prove to be as significant as the impact of duties on investors. The “One Big Beautiful Bill Act,” which passed through the U.S. House […]
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