Donald Trump
Trump inauguration trades: The sectors that could win in the early days
Specific sectors of the market could be standout winners once President-elect Donald Trump returns to the White House on Monday, according to Alpine Macro. Those pockets include small caps, industrials, fossil energy, and aerospace and defense stocks, Dan Alamariu, the firm’s chief geopolitical strategist, wrote in a Thursday note. Specifically, he suggested investors go long […]
Read More
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
Cans of Pepsi are on display at a Target store in the Flatbush neighborhood of Brooklyn, New York City, on Feb. 9, 2024. Michael M. Santiago | Getty Images The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more […]
Read More
Trump announces White House economic policy team
White House Council of Economic Advisers Chairman Kevin Hassett addresses reporters during the daily briefing at the White House in Washington, U.S. February 22, 2018. Jonathan Ernst | Reuters President-elect Donald Trump on Friday announced senior staff appointments to his White House National Economic Council. The council advises the President on U.S. and global economic […]
Read More
Supreme Court rules to uphold TikTok ban, setting the stage for U.S. users to lose access Sunday
The Supreme Court has upheld the law requiring China-based ByteDance to divest its ownership of TikTok by Sunday or face an effective ban of the popular social video app in the U.S. ByteDance has so far refused to sell TikTok, meaning many U.S. users could lose access to the app this weekend. The app may […]
Read More
Democrats push for inaugural oversight as Trump committee rakes in cash
Seating are pictured at the West Front of the U.S. Capitol building as preparations are underway for the upcoming presidential inauguration of U.S. President-elect Donald Trump, in Washington, U.S., Jan. 15, 2025. Fabrizio Bensch | Reuters Senate Democrats are pushing for more transparency from presidential inaugural committees, as a wave of cash from corporations and […]
Read More
Trump and China’s Xi discuss TikTok, trade, fentanyl, president-elect says
President Donald Trump talks with Chinese President Xi Jinping as Xi arrives for dinner at the start of their summit at Trump’s Mar-a-Lago estate in West Palm Beach, Florida, U.S. April 6, 2017. Carlos Barria | Reuters President-elect Donald Trump said he spoke on the phone with Chinese President Xi Jinping on Friday about TikTok, […]
Read More
Top EU official denies softer approach to Big Tech, cites ‘very clear legal basis’ for regulation
A leading EU official has denied taking a softer approach to Big Tech, citing a “very clear legal basis” for regulators and pointing to several ongoing investigations into the likes of social media platform X and Meta. The FT reported earlier this week that the EU was reassessing investigations into Apple, Google and Meta — […]
Read More
CNBC Daily Open: China’s GDP meets official target, Apple has worst day in months
The sign of the 7th China International Import Expo is seen with the skyline of the Lujiazui Financial District in the background on Nov. 2, 2024, in Shanghai, China. VCG | Visual China Group | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up […]
Read More
Greenland’s melting ice is clearing the way for a mineral ‘gold rush’
In this aerial view melting icebergs crowd the Ilulissat Icefjord on July 16, 2024 near Ilulissat, Greenland. Sean Gallup | Getty Images News | Getty Images Major ice loss from Greenland is exposing the island’s natural resources, inadvertently making some of the world’s largest untapped critical mineral reserves more accessible. Greenland, a vast but sparsely […]
Read More
China’s shipbuilding dominance hurts U.S. and is ‘actionable,’ says U.S. Trade Representative
YANTAI, CHINA – JANUARY 12: Two offshore drilling rigs undergo maintenance at berths inside a shipyard on January 12, 2025 in Yantai, Shandong Province of China. In 2024, China consolidated its lead position in global shipbuilding industry, taking two thirds of orders, according to a report by Clarksons Research. (Photo by Tang Ke/VCG via Getty […]
Read More