Joe Biden
Trump will hold a rally at U.S. Steel as investors seek clarity on Nippon deal. Here’s what we know
President Donald Trump will hold a rally Friday at a U.S. Steel plant near Pittsburgh, a week after signaling that he had cleared a controversial merger with Japan’s Nippon Steel. Trump is scheduled to deliver remarks at 5 p.m. ET at U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania, according to the White House. Investors […]
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DJT shares fall 10% as Trump Media says it’s raising $2.5 billion to buy bitcoin
Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024. Kevin Wurm | Reuters LAS VEGAS — Trump Media announced Tuesday a $2.5 billion raise from institutional investors to bankroll one of the largest bitcoin treasury allocations by a public company. Shares of […]
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CNBC Daily Open: Investors don’t feel as threatened by Trump’s tariffs
U.S. President Donald Trump gives a speech, during the commencement ceremony at West Point Military Academy in West Point, New York, U.S., May 24, 2025. Nathan Howard | Reuters If U.S. President Donald Trump follows up on his threat of 50% tariffs on the European Union, he’d be imposing higher duties on America’s ally compared […]
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Nippon Steel to invest $4 billion for new U.S. Steel mill in $14 billion package, Reuters reports
Headquarter building of the Nippon Steel corporation in Japan on January 7, 2025. David Mareuil | Anadolu | Getty Images Nippon Steel plans to invest $14 billion in U.S. Steel’s operations, including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company, according to a document and three people familiar with […]
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CNBC Daily Open: After a winning week for stocks, Moody’s downgrade of U.S.’ credit rating poses a new challenge
The statue of former Treasury Secretary Albert Gallatin stands in front of the north wing of the U.S. Treasury Department headquarters building on April 24, 2025, in Washington, DC, U.S. J. David Ake | Getty Images News | Getty Images U.S. stocks popped last week on the back of a trade truce between America and […]
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CNBC Daily Open: Downgrade of U.S. credit rating adds new complication to U.S. stock market
Pedestrians walk past the north entrance to the U.S. Treasury Department headquarters building on April 30, 2025, in Washington, DC. J. David Ake | Getty Images U.S. stocks popped last week on the back of a trade truce between America and China, in which they mutually agreed to cut tariffs for 90 days. Technology stocks […]
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Former President Joe Biden diagnosed with ‘aggressive’ form of prostate cancer
Former President Joe Biden speaks during the Advocates, Counselors, and Representatives for the Disabled bipartisan conference at the Sofitel Chicago Magnificent Mile on Tuesday, April 15, 2025. Eileen T. Meslar | Chicago Tribune | Getty Images Former President Joe Biden has been diagnosed with prostate cancer, his office said Sunday. Biden was seen last week by doctors […]
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Coinbase jumps 22%, heads for biggest gain since post-election pop on S&P 500 inclusion
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Coinbase shares soared more than 20% on Tuesday and headed for their sharpest rally since the day after President Donald Trump’s election victory following the […]
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Nvidia sending 18,000 of its top AI chips to Saudi Arabia
Tareq Amin, CEO of Humain, and Jensen Huang, CEO of NVIDIA, attend the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia May 13, 2025. Hamad I Mohammed | Reuters Nvidia will sell more than 18,000 of its latest artificial intelligence chips to Saudi company Humain, CEO Jensen Huang announced Tuesday. The announcement was made as part […]
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New FEMA head says he will ‘run right over’ staff who resist his changes
FEMA (Federal Emergency Management Agency) Headquarters is seen in Washington, DC, February 11, 2025. Saul Loeb | Afp | Getty Images David Richardson, the new head of the Federal Emergency Management Agency, told staff on Friday he will “run right over” anyone that resists changes and that all delegation of authority in the agency is […]
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