Donald Trump
Government shutdown live updates: Funding ends after Trump, GOP, Democrats fail to cut deal
The shutdown could cause hundreds of thousands of federal workers to be furloughed and a slew of key programs and services to be shuttered. Source
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CNBC Daily Open: A September no investor wanted to sleep on
A trader works on the floor of the New York Stock Exchange on Sept. 30th, 2025. NYSE The U.S. government will shut down on Oct. 1 stateside. Around 750,000 federal employees— including those in the Bureau of Labor Statistics — will be furloughed, according to the Congressional Budget Office. That means September’s jobs report will […]
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The government shutdown fight hinges on ACA tax credits — and if immigrants should get them
The federal government may soon shut down, in large part because of a debate between Republicans and Democrats over Obamacare subsidies and whether some immigrants should get those financial benefits. Republicans claim Democrats want to give health care to “illegal immigrants.” Democrat, in turn, say that’s a lie. Democrats say they are only trying to […]
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Trump says Harvard to pay $500 million in deal with administration
A glimpse into the Harvard University campus on May 24, 2025 in Cambridge, Massachusetts. Vcg | Visual China Group | Getty Images President Donald Trump said on Tuesday that his administration had reached a deal with Harvard University after months of negotiations and that the Ivy League school will pay $500 million. “Linda is finishing […]
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New signs of a dealmaking comeback: What it means for Goldman Sachs investors
The rebound in Wall Street dealmaking is undeniable. And, for Goldman Sachs , that’s undeniably bullish. Investors got two new reasons to be optimistic about the Club stock this week: Goldman was tapped as a financial advisor in the massive deal to take video game publisher Electronic Arts private, and smaller investment bank Jefferies posted its […]
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Oil companies slash jobs by the thousands as prices fall, tariffs rise and industry consolidates
Shotbydave | E+ | Getty Images U.S. oil companies are cutting jobs by the thousands as they respond to falling crude prices, higher tariffs, and a wave consolidation in the industry. President Donald Trump promised boom times for oil and gas when he took office in January. Instead, the industry has shed 4,000 positions through […]
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Trump, Pfizer to announce agreement to lower Medicaid drug prices
U.S. President Donald Trump speaks during a press conference in the Roosevelt Room at the White House in Washington, D.C., U.S., May 12, 2025. Nathan Howard | Reuters President Donald Trump on Tuesday will announce an agreement with Pfizer to voluntarily sell its medications for less, as his administration pushes to link U.S. drug prices […]
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European markets open lower as traders keep an eye on tariffs, U.S. political deadlock
A specialist trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 15, 2025. Brendan McDermid | Reuters LONDON — European stocks opened lower on Tuesday as investors kept an eye on U.S. President Donald Trump’s trade tariffs and more political deadlock in the U.S. European markets […]
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Taiwan should only produce half of America’s chips, says U.S. Commerce Secretary
A logo of the Taiwan Semiconductor Manufacturing Company (TSMC) displayed on a smartphone screen Vcg | Visual China Group | Getty Images The Trump administration is pushing Taipei to shift investment and chip production to the U.S. so that half of American demand is manufactured locally, in a move that could have implications for Taiwan’s […]
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Trump sets 10% tariff on lumber imports, higher rates on wooden products
U.S. President Donald Trump signed a proclamation on Monday to set a 10% tariff rate on imports of lumber and 25% on vanities, kitchen cabinets and upholstered wooden products, the White House said. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump said on Monday he was slapping 10% tariffs on imported timber and lumber and 25% duties on […]
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