Donald Trump
Fed Chair Jerome Powell can serve remainder of term, says Trump’s Treasury pick Bessent
Federal Reserve Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on Nov. 7, 2024. Kent Nishimura | Getty Images Federal Reserve Chair Jerome Powell can finish his term leading the U.S. central bank despite prior insinuations that he could be pushed to step down, said Scott […]
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Trump promises ‘fully expedited’ permits for investors of $1 billion-plus in U.S.
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters President-elect Donald Trump vowed Tuesday that people or companies who invest at least $1 billion in the U.S. will get “fully expedited approvals […]
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Trump wants $480 million New York fraud case dropped for the ‘greater good’ — AG says no
Former U.S. President Donald Trump attends the trial of himself, his adult sons, the Trump Organization and others in a civil fraud case brought by state Attorney General Letitia James, at a Manhattan courthouse, in New York City, U.S., October 3, 2023. Shannon Stapleton | Reuters The New York Attorney General’s Office on Tuesday rejected […]
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Watch live: Biden gives remarks on his economic legacy
[The stream is slated to start at 12:15 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is set to deliver remarks about his decisionmaking on the U.S. economy during his four years in office. The Democratic incumbent will appear at the Brookings Institution […]
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Stocks making the biggest moves premarket: Oracle, Alaska Air, MongoDB, HealthEquity and more
Check out the companies making headlines before the bell. Oracle — The database software company slid roughly 7% after posting fiscal second-quarter earnings and revenue that lagged analysts’ estimates. Oracle also issued guidance for the current quarter, calling for revenue growth of 7% to 9% and adjusted earnings of $1.50 to $1.54 per share, saying […]
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‘White gold’ seen as pivotal to Europe’s massive trade deal with South America
Aerial view of brine ponds and processing areas of the lithium mine of the Chilean company SQM (Sociedad Quimica Minera) in the Atacama Desert, Calama, Chile, on September 12, 2022. Martin Bernetti | Afp | Getty Images The strategic importance of lithium is likely to have played a major role in the European Union’s blockbuster […]
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ByteDance, TikTok seek temporary halt to U.S. ban pending Supreme Court review
Justin Sullivan | Getty Images China-based ByteDance and its short-video app TikTok on Monday asked an appeals court to temporarily block a law that would require that parent company ByteDance divest TikTok by Jan. 19 or face a ban, pending a review by the U.S. Supreme Court. The companies filed the emergency motion with the […]
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TikTok says ban would cost U.S. small businesses, creators $1.3 billion in first month
An advocate holds a sign for TikTok following a news conference outside the US Capitol in Washington, DC, US, on Tuesday, March 12, 2024. Graeme Sloan | Bloomberg | Getty Images TikTok in a court filing Monday warned that U.S. small businesses and social media creators would lose $1.3 billion in revenue and earnings in […]
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U.S. can become a crypto superpower with ‘sensible’ regulation, Eric Trump says
A set of “sensible” regulatory guidelines can help make the U.S. a cryptocurrency superpower, according to Eric Trump, executive vice president of the Trump organization and son of president-elect Donald Trump. Speaking to CNBC’s Dan Murphy in Abu Dhabi, United Arab Emirates, Eric Trump said Monday that he’d been a “big fan of crypto for […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Dow drags Major U.S. stock indexes enjoyed another strong stretch last week – except for the Dow Jones Industrial Average. The S&P 500 and Nasdaq Composite both had their third straight positive week, climbing 1% and 3.3%, respectively, to […]
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