Donald Trump
Inflation data will be key hurdle to get through next week after stock market’s historic postelection rally
Inflation data in the week ahead could determine whether a stock market that surged to all-time highs after Donald Trump ‘s decisive victory can continue to push higher. The October consumer and producer prices data are set to release Wednesday and Thursday, respectively, right after the Federal Reserve cut interest rates this week by a […]
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Justice Department brings charges in thwarted Iranian plot to assassinate Trump
An Iranian man picks up a newspaper with an image of the U.S. President-elect, Donald Trump, published on its front page in downtown Tehran, Iran, on November 7, 2024. Morteza Nikoubazl | Nurphoto | Getty Images The Department of Justice on Friday charged an Iranian man and two others in a plot to kill then-candidate […]
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Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal
A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images DETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates that are set to start next year are “impossible” to meet and, if they’re not changed, […]
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Special counsel Jack Smith seeks pause in Trump criminal case to assess ‘unprecedented circumstance’
Special counsel Jack Smith makes a statement to reporters about the 37 federal charges returned by a grand jury in an indictment of former U.S. President Donald Trump on charges of unauthorized retention of classified documents and conspiracy to obstruct justice as Smith speaks at his offices in Washington, U.S. June 9, 2023. Leah Millis […]
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Trump reiterates no plans to sell DJT after election win; stock soars
This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Trump Media shares soared Friday after President-elect Donald Trump reaffirmed he has no plans to sell off his […]
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How Black business leaders are thinking about a coming Trump administration
Black business leaders are still trying to figure out why Vice President Kamala Harris lost the presidential race, and how to approach the coming administration of President-elect Donald Trump. “It certainly means change. That’s what the voters wanted and that’s what they thought President Trump represents,” said Charles Phillips, co-chair of the Black Economic Alliance […]
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Stocks making the biggest moves premarket: Pinterest, Monster Beverage, Bath & Body Works, Trump Media & more
Check out the companies making headlines before the bell. Trump Media & Technology Group — Shares of President-elect Donald Trump’s media company fell another 4.6% in premarket trading following a 23% plunge in the previous session. The stock, which trades under ticker Trump’s initials, DJT, has given up Wednesday’s rally triggered by Trump’s election victory. […]
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Top German business leader recalls his days working with Trump: ‘His administration was extremely receptive’
CEO of Siemens Joe Kaeser delivers a speech during the Siemens Annual Shareholders’ Meeting on February 3, 2021 in Munich, Germany. Pool | Getty Images News | Getty Images It’s still uncertain what Donald Trump’s second presidency will look like, but his first administration was highly responsive to business issues with a set way of […]
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CNBC Daily Open: Powell emphasizes that elections won’t sway Fed’s policy
Federal Reserve Chair Jerome Powell speaks during a press conference following the November 6-7, 2024, Federal Open Market Committee meeting at William McChesney Martin Jr. Federal Reserve Board Building, in Washington, DC, November 7, 2024. Andrew Caballero-Reynolds | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC […]
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Bitcoin’s on track to hit $100,000 after Trump’s election victory, analysts say
Bitcoin is on track to hit the $100,000 price milestone by the end of the year after President-elect Donald Trump’s election victory, according to analysts. James Butterfill, head of research at CoinShares, said a price rise to $100,000 — which would imply 33% upside — “is possible now,” as Trump’s presidential win and the Republicans’ new majority […]
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