United States

Trump chooses U.S. Covid policy critic Bhattacharya to lead NIH
Politics

Trump chooses U.S. Covid policy critic Bhattacharya to lead NIH

Dr. Jay Bhattacharya speaks during a roundtable discussion with members of the House Freedom Caucus on the COVID-19 pandemic at The Heritage Foundation on Thursday, November 10, 2022.  Tom Williams | Cq-roll Call, Inc. | Getty Images President-elect Donald Trump on Tuesday chose Stanford academic and U.S. Covid policy critic Jay Bhattacharya to run the National Institutes of Health, the country’s top […]

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CNBC Daily Open: A new day, a new Trump policy for markets to digest
World

CNBC Daily Open: A new day, a new Trump policy for markets to digest

U.S. President-elect Donald Trump and Sen. Ted Cruz (R-TX) attend the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors […]

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Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
Business

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada

A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday morning after President-elect Donald Trump threatened to put 25% […]

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Senate report slams airlines for raking in billions in seat fees
Travel

Senate report slams airlines for raking in billions in seat fees

A Delta Air Lines cabin. Leslie Josephs/CNBC A Senate subcommittee on Tuesday slammed U.S. airlines large and small over fees to pick seats on flights. Between 2018 and 2023 American, Delta, United, Spirit and Frontier brought in $12.4 billion in seating fees, including for seats with extra legroom as well as those in “preferred” locations […]

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Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans
Politics

Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans

Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024.  Hollie Adams | Reuters Millions of Americans with obesity would be eligible to have popular weight-loss drugs like Wegovy or Ozempic covered by Medicare or Medicaid under a new rule the Biden administration proposed Tuesday […]

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Huawei launches first phones capable of running its new self-developed operating system
World

Huawei launches first phones capable of running its new self-developed operating system

Huawei launched the Mate 70 series in an event in Shenzhen on November 26, 2024. The phones are the first capable of running Huawei’s new operating system called HarmonyOS NEXT. Huawei Huawei on Tuesday launched the Mate 70 series of smartphones that can run on the company’s latest self-developed operating system, as the Chinese giant […]

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Europe markets open lower as global rally stutters; investors digest Trump tariff implications
World

Europe markets open lower as global rally stutters; investors digest Trump tariff implications

European stocks opened lower Tuesday as investors assess the global implications of U.S. President-elect Donald Trump’s plans to hike tariffs on China, Mexico and Canada. The regional Stoxx 600 was down 0.61% at 8:10 a.m. London time as all sectors bar telecoms retreated. Autos led losses, down 2.1%. The index had ended in the green for a […]

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CNBC Daily Open: Investors endorse Trump’s Treasury secretary pick
World

CNBC Daily Open: Investors endorse Trump’s Treasury secretary pick

Scott Bessent (center), founder and CEO of Key Square Group LP, during an interview in Washington, D.C. in June 2024. Stefani Reynolds | Bloomberg | 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, no matter […]

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Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood
World

Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood

Gold prices held above the $2,100 level on Wednesday, near a record peak hit in the previous session as hopes for U.S. rates easing by mid-year mount, while traders awaited remarks on the economy’s health from Federal Reserve Chair Jerome Powell. Uli Deck | Picture Alliance | Getty Images Gold prices lost about 3% after […]

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Stock futures slip after Dow closes at another record: Live updates
World

Stock futures slip after Dow closes at another record: Live updates

Traders work on the floor of the New York Stock Exchange during afternoon trading on Aug. 2, 2024. Michael M. Santiago | Getty Images Stock futures slipped in overnight trading Monday, after the Dow Jones Industrial Average closed at a new record. Futures tied to the Dow slid 144 points, or 0.3%. S&P 500 futures […]

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