Donald Trump
CNBC Daily Open: Tariffs led us down a different timeline for interest rates
U.S. Federal Reserve Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs, on Capitol Hill on June 25, 2025 in Washington, DC, U.S. Kent Nishimura | Getty Images News | Getty Images It’s the what-could-have-beens that hurt the most. The childhood sweetheart who moved to a different country. The early […]
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Chipmakers get larger tax credits in Trump’s latest ‘big beautiful bill’
William_potter | Istock | Getty Images The latest version of U.S. President Donald Trump’s “big beautiful bill” could make it cheaper for semiconductor manufacturers to build plants in the U.S. as Washington continues its efforts to strengthen its domestic chip supply chain. Under the bill, passed by the Senate Tuesday, tax credits for those semiconductor […]
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CNBC’s UK Exchange newsletter: UK’s millionaire exodus spells more trouble for Labour
This report is from this week’s CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and the key personalities shaping the news. The newsletter will also highlight other key developments in the U.K. that you won’t want to miss, plus a preview of […]
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CNBC Daily Open: Lower U.S. interest rates? The could-have-beens hurt the most
U.S. Federal Reserve Chair Jerome Powell looks on, on the day he testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., June 25, 2025. Kevin Mohatt | Reuters It’s the what-could-have-beens that hurt the most. The childhood […]
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Asia-Pacific markets open mostly lower as investors assess Fed’s latest comments
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets opened mostly lower on Wednesday as investors digest the latest comments from U.S. Federal Reserve Chair Jerome Powell. Powell said Tuesday that the central […]
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House Republicans subpoena Brown University and Penn in Ivy League antitrust probe
A person walks past a sign of the Brown University, in Providence, Rhode Island, U.S., March 17, 2025. Brian Snyder | Reuters The House Judiciary Committee issued subpoenas Tuesday to Brown University and the University of Pennsylvania, demanding additional documents from the schools as part of an ongoing probe into alleged antitrust violations in Ivy […]
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Trump says Israel has agreed on terms for a 60-day ceasefire in Gaza and urges Hamas to accept deal
U.S. President Donald Trump speaks to reporters aboard Air Force One en route to Joint Base Andrews, Maryland, after touring a temporary migrant detention center informally known as “Alligator Alcatraz” in Ochopee, Florida, U.S., July 1, 2025. Evelyn Hockstein | Reuters President Donald Trump said Tuesday that Israel has agreed on terms for a 60-day […]
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House Republicans take up Trump’s megabill, but still need more votes to pass it
US House Speaker Mike Johnson, a Republican from Louisiana, speaks to members of the media at the US Capitol in Washington, DC, US, on Friday, June 27, 2025. Graeme Sloane | Bloomberg | Getty Images The House of Representatives on Tuesday took the reins of President Donald Trump’s megabill, after the Senate narrowly passed it […]
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Modelo owner Constellation Brands misses on earnings as aluminum tariffs hit profitability
Case of Modelo, a beer imported from Mexico, are seen for sale at a grocery store in Arlington, Virginia, February 3, 2025, following the announcement of tariffs by US President Donald Trump on important goods from Canada and Mexico. Saul Loeb | Afp | Getty Images Constellation Brands on Tuesday reported quarterly earnings and revenue […]
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GOP Sen. Murkowski cast crucial vote for Trump’s megabill after getting key carveout
U.S. Senator Lisa Murkowski (R-AK) walks after the Senate passes U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Elizabeth Frantz | Reuters Republican Sen. Lisa Murkowski of Alaska cast a critical vote Tuesday for President Donald Trump’s massive tax-and-spending bill, helping to push the […]
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