Howard Lutnick

CNBC Daily Open: Trump tariffs spark trade war, decimating stocks
World

CNBC Daily Open: Trump tariffs spark trade war, decimating stocks

U.S. President Donald Trump’s tariffs and subsequent actions by other nations have cast a shadow over investors’ portfolios. Markets largely fell all around the world following the announcements, and the sell-off has extended into Monday.  Trump and his administration has been defiant, with the U.S. president saying “it won’t be easy” and urging Americans to “hang […]

Read More
Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
World

Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says

Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Billionaire investor Bill Ackman said that America was heading toward a self-inflicted “economic nuclear winter” as a result of […]

Read More
Commerce Secretary Lutnick doesn’t back down in face of market sell-off: ‘The tariffs are coming’
Politics

Commerce Secretary Lutnick doesn’t back down in face of market sell-off: ‘The tariffs are coming’

President Donald Trump holds an executive order about tariffs increase, flanked by U.S. Commerce Secretary Howard Lutnick, in the Oval Office of the White House in Washington, D.C., U.S., February 13, 2025.  Kevin Lamarque | Reuters The Trump administration will remain steadfast in its reciprocal tariffs on major U.S. trading partners even in the face […]

Read More
Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates: Live updates
World

Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates: Live updates

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 3, 2025. Brendan McDermid | Reuters U.S. stock futures dropped on Sunday evening as the White House remained defiant even after a two-day historic stock market rout that followed President Donald Trump’s rollout of shockingly high […]

Read More
Higher inflation, shaky markets: What to expect from Trump’s tariff policies, according to economists
World

Higher inflation, shaky markets: What to expect from Trump’s tariff policies, according to economists

Economists, market watchers and consumers alike are still trying to understand the implications of President Donald Trump’s announcement on Wednesday of sweeping new tariffs. The plan, part of Trump’s “Make America Wealthy Again” initiatives, features a baseline 10% tariff on all U.S. trading partners as well as duties as high as 50% on nations with […]

Read More
Live updates: Trump tariff plans finalized as U.S. trade partners brace for impact
Politics

Live updates: Trump tariff plans finalized as U.S. trade partners brace for impact

New tariffs will take effect ‘immediately’ Trump’s new tariffs will take effect “immediately” after he announces them in the Rose Garden, White House press secretary Karoline Leavitt said Tuesday. The timeline offered a morsel of clarity about the reciprocal tariff plan, which remains highly opaque just hours before it is set to be unveiled. — […]

Read More
RFK Jr. is a ‘conspiracy theorist’ endangering lives, say analysts at Howard Lutnick’s former firm
Finance

RFK Jr. is a ‘conspiracy theorist’ endangering lives, say analysts at Howard Lutnick’s former firm

In this article Follow your favorite stocksCREATE FREE ACCOUNT US President Donald Trump speaks to the press before signing an Executive Order, alongside US Secretary of Health and Human Services Robert F. Kennedy Jr. (L) and US Secretary of Commerce nominee Howard Lutnick (R), at the Oval Office of the White House in Washington, DC […]

Read More
S&P 500 seesaws as benchmark tries to continue comeback from monthlong rout: Live updates
World

S&P 500 seesaws as benchmark tries to continue comeback from monthlong rout: Live updates

Traders work on the floor at the New York Stock Exchange on March 20, 2025. Brendan McDermid | Reuters The S&P 500 fell on Thursday as the index attempted to build on the previous session’s strong gains, while some solid housing data assuaged some concerns about the U.S. economy falling into a recession. The S&P […]

Read More
‘Buy Tesla,’ Commerce chief Lutnick urges as Musk leads DOGE for Trump administration
Politics

‘Buy Tesla,’ Commerce chief Lutnick urges as Musk leads DOGE for Trump administration

Elon Musk, chief executive officer of Tesla Inc., from left, Howard Lutnick, US commerce secretary, walk on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, March 14, 2025. Al Drago | Bloomberg | Getty Images Commerce Secretary Howard Lutnick urged the public to “buy Tesla” stock, […]

Read More
‘See you in four years’: Canada flexes economic muscle as tariff negotiations continue
Travel

‘See you in four years’: Canada flexes economic muscle as tariff negotiations continue

A “Shop Canadian” sign is seen at the entrance of a supermarket in Vancouver, British Columbia, Canada, March 4, 2025.  Liang Seng | Xinhua News Agency | Getty Images Canadians are swapping their friendly auras for a fierce sense of nationalism amid U.S. President Donald Trump’s attacks on the country’s trade and sovereignty. Trump’s mostly […]

Read More