Donald Trump
AI spending is boosting the economy, but many businesses are in survival mode
Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away. While companies like Nvidia, Alphabet and Broadcom are lifting the stock market to fresh highs and bolstering GDP, Pappas is experiencing what’s happening in the real economy, one that’s far removed […]
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U.S., China seek to avoid trade war escalation, salvage Trump-Xi meeting in Malaysia talks
U.S. President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty Images Top economic officials from the U.S. and China kickstarted talks in Kuala Lumpur on Saturday to avert an […]
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Ontario to pause Reagan tariffs ad after Trump terminated Canada trade talks
“Our intention was always to initiate a conversation about the kind of economy that Americans want to build and the impact of tariffs on workers and businesses,” Ford said of the ad, which has aired in U.S. markets. “We’ve achieved our goal, having reached U.S. audiences at the highest levels,” Ford said. “I’ve directed my […]
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Trump claimed Canada’s anti-tariff ad twisted Reagan’s words. Compare for yourself
My fellow Americans: Prime Minister Nakasone of Japan will be visiting me here at the White House next week. It’s an important visit, because, while I expect to take up our relations with our good friend Japan, which overall remain excellent, recent disagreements between our two countries on the issue of trade will also be […]
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3 takeaways from Intel earnings: Cash flow, foundry progress and hardware surprise
Intel snapped a losing streak of six straight quarterly losses and returned to profitability in the third quarter. In its first earnings report since the Trump administration acquired a 10% stake in the company, the U.S. chipmaker posted strong revenue, noting robust demand for chips that it expects to continue into 2026. Client computing revenue, […]
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GM lays off more than 200 salaried workers in latest round of job cuts
The headquaters of US auto company General Motos (GM) in Detroit, Michigan. Uli Deck | Picture Alliance | Getty Images DETROIT – General Motors laid off more than 200 salaried employees on Friday, as the automaker continues to reevaluate its businesses and cut costs to boost profits. The impacted employees were largely Computer-Aided Design, or […]
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Trump foe Letitia James pleads not guilty in mortgage fraud case: Reports
New York Attorney General Letitia James on Friday pleaded not guilty to federal charges in a fraud case tied to mortgage records she signed in 2020. James is a longtime antagonist of President Donald Trump, who publicly urged Attorney General Pam Bondi to target her weeks before she was indicted. James pleaded not guilty to […]
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Trump calls off Canada trade talks, inflation data returns, Target layoffs and more in Morning Squawk
Canada’s Prime Minister Mark Carney waves next to U.S. President Donald Trump at the White House in Washington, D.C., U.S., Oct. 7, 2025. Evelyn Hockstein | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. […]
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What a cut in Reliance’s Russian crude purchases would mean for India
The Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India, on Saturday, July 31, 2021. Bloomberg | Bloomberg | Getty Images India’s largest private oil refiner Reliance Industries is reportedly halting purchases of Russian crude, following the U.S.’ decision to sanction Russia’s two largest oil companies, Rosneft and Lukoil. Reliance has become a major buyer […]
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Family offices fear dollar depreciation, lower investment returns in wake of tariffs
Compassionate Eye Foundation/david Oxberry | Digitalvision | Getty Images 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 have been investing with more caution since President Donald Trump’s tariff announcement […]
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