Donald Trump
Top House Democrat seeks Jeffrey Epstein financial records from Dimon, other bank CEOs
Jeffrey Epstein in 2004. Rick Friedman | Corbis News | Getty Images A top House Democrat asked four major bank CEOs to share a slew of financial records related to Jeffrey Epstein, pushing forward an investigation into the notorious sex predator, after the lawmaker’s effort to subpoena the banks for the documents was blocked by […]
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Orsted to cut 2,000 jobs as Trump’s offshore wind battle continues
Picture taken on September 4, 2023 shows windmills at the Nysted Offshore Wind Farm constructed by Danish windpower giant Orsted in 2002-2003 in the Baltic Sea near Gedser in Denmark. Thomas Traasdahl | Afp | Getty Images Beleaguered wind farm operator Orsted announced Thursday that it intends to reduce its workforce by a quarter toward […]
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IRS furloughs nearly half of its workforce due to government shutdown
People exit the the U.S. Internal Revenue Service (IRS) building in Washington, D.C., on Feb. 20, 2025. Kent Nishimura | Reuters The IRS on Wednesday said that it was furloughing nearly half of its workforce due to the ongoing government shutdown. About 34,000 IRS workers are being furloughed, according to the tax agency. Another 39,870 […]
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Jensen Huang says Trump’s H-1B changes would’ve prevented his family from immigrating
Nvidia CEO Jensen Huang said Wednesday that his family’s immigration to the U.S. “would not have been possible” with the Trump administration’s current policy. President Donald Trump announced in September that employers would have to pay a $100,000 fee for each H-1B visa, a temporary worker visa granted to foreign professionals with specialized skills. Huang, […]
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AMD’s deal with OpenAI gives Nvidia much-needed challenger in market it dominates
Lisa Su, CEO of AMD, left, and Jensen Huang, CEO of Nvidia Benoit Tessier | Ritzau Scanpix | Mads Claus Rasmussen | Reuters In the 1990s, when Intel dominated the PC chip market, the semiconductor maker needed Advanced Micro Devices to exist as a viable No. 2 to help avoid being charged with monopolistic behavior. […]
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5 things Nvidia’s Jensen Huang said about the state of the AI race with China
Nvidia CEO Jensen Huang said Wednesday that the U.S. is “not far ahead” of China in the artificial intelligence race, and that the country needs a “nuanced strategy” to stay on higher ground. Huang has been walking a tense line between the two countries and has praised China’s AI models, including DeepSeek, Alibaba, and Baidu. […]
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Senate to vote on funding bills again as government shutdown enters second week
U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks next to Senator Brian Schatz (D-HI) and Senator Amy Klobuchar (D-MN) during a press conference at the U.S. Capitol on the third day of a partial government shutdown, on Capitol Hill in Washington, D.C., U.S., Oct. 3, 2025. Nathan Howard | Reuters The Senate is set to […]
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James Comey to be arraigned on criminal charges that Trump sought
FILE PHOTO: Former FBI Director, James Comey appears before the Senate Intelligence Committee in the Hart Office Building on Thursday June 08, 2017 in Washington, DC. Matt McClain | The Washington Post | Getty Images Former FBI Director James Comey is set to be arraigned Wednesday morning on criminal charges in Virginia that President Donald […]
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Steel industry in UK warns of ‘biggest crisis’ ever as EU hikes tariffs
Steel worker at the blast furnace tap of the at the Salzgitter AG steelworks on March 02, 2020 in Salzgitter, Germany. Maja Hitij | Getty Images News | Getty Images The European Union’s decision to hike steel tariffs and sharply cut import quotas has provoked widespread concern in the U.K., as well as rumblings of […]
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CNBC’s UK Exchange newsletter: The U.K.’s labor market conundrum – and where to look for clues
Commuters on London Bridge. Shaun Curry | Afp | Getty Images This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Despite the de-equitisation of the last decade, the U.K. stock market still offers plenty of choice for would-be investors in certain sectors, among them staffing, […]
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