Donald Trump
Jamie Dimon has a blunt message for Europe: ‘You’re losing’
Key Points Jamie Dimon told an event in Ireland on Thursday that Europe was “losing” on competitiveness and lacked the kind of global, successful corporations common in the U.S. The JPMorgan Chase boss also told an event in Ireland that there was “complacency in the markets” around U.S. tariffs and rates. Dimon said he saw […]
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How Iconiq, the wealth firm backed by Mark Zuckerberg, brings ultra-rich philanthropists together
Meta CEO Mark Zuckerberg and Square CEO Jack Dorsey. Manuel Orbegozo | Handout | Reuters A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Even as tax changes may reduce giving by […]
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Norway’s Tesla obsession defies Europe’s Musk backlash
An electric car at a charging station in the Norwegian capital of Oslo on Sept. 25, 2024. Jonathan Nackstrand | Afp | Getty Images OSLO, Norway — Tesla continues to find solace in Norway, defying a sustained European slump amid a backlash over CEO Elon Musk’s incendiary political rhetoric. The U.S. electric vehicle maker recorded […]
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CNBC Daily Open: The battleground for Fed chair might have shifted to renovations from rates
Construction work around the Federal Reserve building on Sept. 17, 2024 in Washington, DC, U.S. Anna Moneymaker | Getty Images News | Getty Images Homo economicus, or the “economic man,” is an idea that depicts humans as rational beings. This assumption has been used to construct models of the economy and, more broadly, society. The […]
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UK economy contracts again in May, missing expectations for slight rebound
London. Dukas | Universal Images Group | Getty Images The U.K. economy shrank again in May, data showed Friday. The latest monthly growth figures from the Office for National Statistics showed U.K. gross domestic product (GDP) contracted 0.1% month-on-month in May. Analysts polled by Reuters had expected a 0.1% expansion. The latest data follows a […]
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Trump readies blanket tariffs as he brushes off inflation worries
US President Donald Trump during a cabinet meeting at the White House in Washington, DC, US, on Tuesday, July 8, 2025. Aaron Schwartz/CNP/Bloomberg via Getty Images President Donald Trump on Thursday said that he plans to impose blanket tariffs of 15% or 20% on most trade partners, dismissing concerns that further tariffs could negatively impact the stock […]
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CNBC Daily Open: Building renovations might be another front in Trump’s attacks on Powell
Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images Homo economicus, or the “economic man,” is an idea that depicts humans as rational beings. This assumption has been used to construct models of the economy and, more broadly, society. […]
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Trump’s 50% Brazil tariff stretches emergency powers already facing court challenge
United States President Donald Trump speaks to the Press before departs at the White House to Alligator Alcatraz, Florida on July 1, 2025, in Washington DC. Celal Gunes | Anadolu | Getty Images President Donald Trump’s politically charged new tariff threat — a blanket 50% duty on imports from Brazil — stretches an interpretation of […]
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Asia-Pacific markets are set to trade higher, tracking Wall Street gains
Here are your opening calls from Singapore Aerial View of the City Illuminated at Sunset Deejpilot | E+ | Getty Images Good morning from Singapore! The weather forecast is a bit bleak, but Asia-Pacific markets appear set for a bright open. Futures for Japan’s benchmark Nikkei 225 in Chicago were at 39,795, while their counterpart in […]
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Asians are avoiding trips to the U.S. this year — for a variety of reasons
Tough talk on tariffs, reports of border detentions and unfavorable exchange rates are putting some travelers, especially Canadians, off trips to the United States this year. But those in Asia say they’re avoiding trips to the U.S. for different reasons. Nearly 80% of Southeast Asian travelers said the United States is losing appeal as a […]
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