Donald Trump
Palantir CEO Alex Karp sells more than $50 million in stock
Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the U.S. Capitol Visitor Center Auditorium in Washington, D.C., on April 30, 2025. Brendan Smialowski | Afp | Getty Images Palantir CEO Alex Karp has sold more than $50 million worth of shares in the artificial intelligence software company, according to […]
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Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.
FILE PHOTO: Apple CEO Tim Cook escorts U.S. President Donald Trump as he tours Apple’s Mac Pro manufacturing plant with in Austin, Texas, U.S., November 20, 2019. Tom Brenner | Reuters The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last week, […]
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Judge blocks Trump administration mass layoffs at many U.S. agencies
Employees of the Department of Health and Human Services (HHS) hug each other as they queue outside the Mary E. Switzer Memorial Building, after it was reported that the Trump administration fired staff at the Centers for Disease Control and Prevention and at the Food and Drug Administration, as it embarked on its plan to […]
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Trump recommends 50% tariff on European Union starting June 1
President Donald Trump on Friday said he is “recommending a straight 50% Tariff on the European Union” after complaining that trade negotiations have stalled. The steep new import duties would start on June 1, Trump wrote on Truth Social. The EU “has been very difficult to deal with,” Trump wrote. “Our discussions with them are […]
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Musk’s DOGE expanding his Grok AI in U.S. government, raising conflict concerns: Reuters
Elon Musk looks on as U.S. President Donald Trump meets South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, D.C., U.S., May 21, 2025. Kevin Lamarque | Reuters Billionaire Elon Musk’s DOGE team is expanding use of his artificial intelligence chatbot Grok in the U.S. federal government to analyze data, three […]
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Yachts, Eric Trump and Habibi Doge: Dubai’s crypto party is bigger than ever
A yacht party hosted by DogeOS during the Token2049 Dubai conference week. Dubai, United Arab Emirates, May 1, 2025 Natasha Turak | CNBC DUBAI, United Arab Emirates — On a humid Dubai night in early May, I joined guests gathered on the five-storey, 220-foot long Lotus megayacht to celebrate the culmination of TOKEN2049, a major […]
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Stock futures slip as elevated Treasury yields weigh on sentiment: Live updates
Traders work on the floor of the New York Stock Exchange on March 13, 2025. NYSE Stock futures slipped early Friday as investors continue to evaluate the effect of higher U.S. Treasury yields on the economy. Futures tied to the Dow Jones Industrial Average ticked lower 15 points, or 0.04%. Nasdaq 100 futures dipped 0.09% […]
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CNBC Daily Open: Trump’s ‘big, beautiful’ tax bill might only be a short-term boost to the U.S. economy
Rep. Robert Scott (D-VA) (R) speaks during a mark up meeting with the House Budget Committee on Capitol Hill on May 16, 2025 in Washington, DC, U.S.. Anna Moneymaker | Getty Images News | Getty Images U.S President Donald Trump’s “big, beautiful” tax bill was passed by the House of Representatives Thursday and is headed to […]
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Firm tapped to modify Qatar jet for Trump admin agrees to $62 million settlement in false claims case
Jaque Silva | Nurphoto | Getty Images Defense contractor L3Harris Technologies will pay $62 million to settle allegations that it lied about the prices of equipment it sold to the U.S. military years earlier, the Justice Department said Thursday. L3Harris was recently tapped to help modify a luxury Boeing 747 jet from Qatar’s royal family that President […]
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Top $TRUMP holders head to crypto dinner with president that Democrats call ‘orgy of corruption’
Jonathan Raa | Nurphoto | Getty Images Nick Pinto is a marketing director at his family’s law firm in New Jersey. He’s also a crypto trader who spent enough money on Donald Trump’s meme coin to win a spot at a private black-tie dinner with the president scheduled for Thursday night. “I was kind of […]
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