Joe Biden
Microsoft contributes $1 million to Trump’s inauguration fund
President Donald Trump shakes hands with Microsoft CEO Satya Nadella during an American Technology Council roundtable at the White House in Washington on June 19, 2017. Nicholas Kamm | AFP | Getty Images Microsoft said Thursday that it’s contributing $1 million to President-elect Donald Trump’s inauguration fund. The software maker is now more closely aligned […]
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Watch live: Biden to deliver eulogy at Jimmy Carter’s state funeral
[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden will deliver a eulogy Thursday morning at the state funeral for former President Jimmy Carter. The speech at the Washington National Cathedral will serve as one of […]
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Biden cancels Italy trip due to California wildfires
US President Joe Biden arrives on the South Lawn of the White House as he returns to Washington, DC, from Camp David, on Jan. 2, 2025. Chris Kleponis | AFP | Getty Images U.S. President Joe Biden canceled an upcoming trip to Italy due to the wildfires in California, the White House said on Wednesday, adding that he wanted to […]
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Janet Yellen: Covid stimulus may have contributed ‘a little bit’ to inflation
Treasury Secretary Janet Yellen said Wednesday that the stimulus spending signed into law by President Joe Biden to aid the U.S. recovery from the Covid-19 pandemic may have contributed “a little bit” to the country’s subsequent inflation woes. But the widespread rise in prices that marred the Democrat’s administration was mostly “a supply-side phenomenon” caused […]
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U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt
David Burritt, president and chief executive officer of US Steel Corp., speaks during an Economic Club of Detroit event in Detroit, Michigan, US, on Tuesday, Sept. 17, 2024. Nic Antaya | Bloomberg | Getty Images Biden formally blocked the more than $14 billion deal on Friday, citing national security concerns after a monthslong review by […]
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Trump says he will revoke Biden offshore drilling ban on first day in office
A view of offshore oil and gas platform Esther in the Pacific Ocean on January 5, 2025 in Seal Beach, California. Mario Tama | Getty Images President-Elect Donald Trump said Tuesday that he will reverse President Joe Biden’s ban on offshore drilling along most of the U.S. coastline as soon as he takes office. “I’m […]
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FTC Chair Khan hopes Amazon, Facebook won’t get ‘sweetheart deal’ from Trump in antitrust cases
Federal Trade Commission Chair Lina Khan said Tuesday she hopes the incoming Trump administration will not let Amazon and Facebook parent Meta off the hook from pending antitrust lawsuits by her agency with a “sweetheart deal.” But, “I can’t predict what future people in my position are going to do,” Khan said on CNBC’s “Squawk […]
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CNBC Daily Open: The AI sector still has legs to run
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
This picture taken on Feb. 16, 2024 shows a logo of Nippon Steel Corp. at the company’s Kyushu manufacturing base in Kitakyushu city of Fukuoka Prefecture. U.S. President Joe Biden plans to express concern over Nippon Steel’s proposed $14.9 billion purchase of U.S. Steel, a person familiar with the matter said on Wednesday, pushing the […]
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Trump reportedly considering important alteration to tariff plans
U.S. President-elect Donald Trump looks on during Turning Point USA’s AmericaFest at the Phoenix Convention Center on December 22, 2024 in Phoenix, Arizona. Rebecca Noble | Getty Images President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the focus to a select set of goods and services, […]
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