Donald Trump
Ford sales jump 14% in the second quarter, well above industry forecast
Ford sales rose 14.2% during the second quarter over the year-earlier period, about 10 times the estimated 1.4% industry increase, the automaker said Tuesday. New vehicle sales for the second quarter totaled 612,095, led in part by gains in its F-Series trucks and “electrified” vehicles, which includes hybrids and EVs. F-Series trucks saw their best […]
Read More
Powell confirms that the Fed would have cut by now were it not for tariffs
US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC on June 24, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank would have easier monetary […]
Read More
Banks say Trump’s ‘big beautiful bill’ could boost the U.S. economy – despite deficit concerns
The U.S. Capitol in Washington, D.C. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump’s “big, beautiful bill” — or officially, the One Big Beautiful Bill Act — is a controversial piece of legislation, but some banks are in favor of it, saying it’s the shot in the arm the economy needs. It was advanced […]
Read More
Stocks making the biggest moves premarket: Tesla, Sweetgreen, Hasbro, AeroVironment and more
Check out the companies making headlines before the bell. Tesla — The electric vehicle maker shed 6% after President Donald Trump suggested that the U.S. Department of Government Efficiency look at subsidies for Tesla CEO Elon Musk ‘s companies for potential cost-cutting measures. Trump’s comments came after Musk again criticized the president’s tax-and-spending bill . […]
Read More
Jewelry sales outperform as U.S. spending for most luxury goods falters, Citi report finds
Domenica Graci, the CEO and Founder of travel agency One Luxury, is seen wearing a golden Vintage Alhambra bracelet from Van Cleef & Arpels, a golden Love bracelet from Cartier, a golden Juste un Clou nail bracelet from Cartier and an Essential Lines bracelet from Cartier. Moritz Scholz | Getty Images Entertainment | Getty Images […]
Read More
CNBC Daily Open: Keep calm and carry on, investors
What a first half of the year it has been. In the first six months, the world saw a (not so) new U.S. president in the Oval Office, said president upend the global trade landscape, and a president in South Korea removed from office. Conflicts also broke out between India and Pakistan, as well as […]
Read More
Trump rips AT&T service weeks after Trump Mobile licensing deal announced
US President Donald Trump holds an Apple Inc. iPhone during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Friday, May 23, 2025. Samuel Corum | Bloomberg | Getty Images President Donald Trump criticized AT&T in consecutive Truth Social posts Monday, writing that the country’s third-largest wireless […]
Read More
Musk shreds Trump’s tax bill as ‘DEBT SLAVERY,’ vows to unseat Republicans who back it
Tesla CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., on April 30, 2025. Evelyn Hockstein | Reuters He may have stopped openly feuding with President Donald Trump, but Elon Musk isn’t backing off his bid to kill Trump’s signature megabill. The Tesla and […]
Read More
Bush, Obama and a tearful Bono fault Trump’s gutting of USAID on agency’s last day
WASHINGTON (AP) — Former Presidents Barack Obama and George W. Bush delivered rare open criticism of the Trump administration — and singer Bono held back tears as he recited a poem — in an emotional video farewell on Monday with staffers of the U.S. Agency for International Development. Obama called the Trump administration’s dismantling of USAID “a colossal mistake.” […]
Read More
Trump administration probe finds Harvard violated civil rights of Jewish students
Harvard University graduates attend the university’s 374th commencement ceremony on May 29, 2025 in Cambridge, Massachusetts. Vcg | Visual China Group | Getty Images The Trump administration on Monday said an investigation into Harvard University found the school had violated the federally protected civil rights of Jewish and Israeli students. In a letter to university […]
Read More