Donald Trump
Trump administration cancels nearly $8 billion in climate funding to blue states: Vought
U.S. House Speaker Mike Johnson, a Republican from Louisiana, from left; Russell Vought, director of the Office of Management and Budget; Senate Majority Leader John Thune, a Republican from South Dakota; and U.S. Vice President JD Vance speak to members of the media following a meeting at the White House in Washington, D.C., on Sept. […]
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S&P 500 closes above 6,700 for first time as traders bet on short-lived shutdown
Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE The S&P 500 closed at a record high on Wednesday as traders were hopeful that a U.S. federal government shutdown would be brief and possibly have little impact on the economy. The broad market index gained 0.34% to close at 6,711.20. Earlier, […]
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Supreme Court lets Fed Governor Lisa Cook keep job pending oral argument in January
The Supreme Court on Wednesday allowed Federal Reserve Governor Lisa Cook to remain in her post pending oral arguments in January on whether President Donald Trump has legal cause to fire her. The court’s move is a blow to Trump, who has repeatedly and unsuccessfully asked federal courts to allow him to terminate Cook from […]
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How a U.S. government shutdown could impact global markets
Morning light hits the U.S. Capitol hours ahead of a press conference to discuss the Epstein Files Transparency bill, directing the release of the remaining files related to the investigations into Jeffrey Epstein and Ghislaine Maxwell, on Capitol Hill in Washington, D.C., U.S., September 3, 2025. Jonathan Ernst | Reuters The U.S. government entered a […]
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Trump’s threats against late-night TV could spell more trouble for advertisers
A sign is displayed outside the El Capitan Entertainment Centre in Hollywood where the “Jimmy Kimmel Live!” show will be recorded on the first night the show will return to the ABC lineup on September 23, 2025 in Los Angeles, California. Mario Tama | Getty Images Late-night television has come under fire in recent months. […]
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Trump’s pharmaceutical tariff threat loses bite after Pfizer deal reassures drugmakers
U.S. President Donald Trump shakes hands with Pfizer CEO Albert Bourla (L) as he announces a deal with Pfizer to lower Medicaid drug prices in the Oval Office of the White House on September 30, 2025 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump’s long-awaited threat to impose pharmaceutical tariffs may not […]
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Bitcoin rises as investors seek a global safe haven amid shutdown
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Cheng Xin | Getty Images Bitcoin ticked higher on Wednesday while most other risk assets fell after U.S. lawmakers failed to reach a government funding agreement, leading to a shutdown. The move showed the evolving view of the cryptocurrency to a store of value during […]
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Gold hits new all-time high as U.S. government shutdown dents risk appetite
Gold prices rose to record highs as a U.S. government shutdown began on Wednesday. Chris Mcgrath | Getty Images News | Getty Images Gold prices soared to new highs on Wednesday, as the U.S. government entered its first shutdown in almost seven years after lawmakers failed to reach a deal on government funding. While the […]
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CNBC’s UK Exchange newsletter: AstraZeneca gets a shot on Wall Street
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch There is an old British saying about buses: you wait ages for one and then two arrive at once. Pharmaceuticals analysts experienced something similar on Monday as the big two U.K. drugmakers — GSK and AstraZeneca — […]
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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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