President Donald Trump takes questions during a press conference with unseen Israel’s Prime Minister Benjamin Netanyahu in the East Room of the White House in Washington, DC, on February 4, 2025. Andrew Caballero-Reynolds | Afp | Getty Images Investment managers also receive management fees, subject to regular income taxes. But most earnings come from carried…
A worker removes the U.S. Agency for International Development sign on their headquarters on Feb. 7, 2025 in Washington, DC. Kayla Bartkowski | Getty Images A federal judge on Friday said he would temporarily pause the Trump administration’s plan to place thousands of workers at the U.S. Agency for International Development on administrative leave. About 2,200 USAID employees…
An Estee Lauder counter is seen on the floor of a department store in Brooklyn on Feb. 5, 2025 in New York City. Spencer Platt | Getty Images Several beauty stocks posted major losses this week, as companies like E.l.f. Beauty and Estee Lauder reported disappointing earnings and cut guidance. E.l.f. closed out its worst…
President Donald Trump’s press secretary, Karoline Leavitt, is interviewed by Fox News on the first full day of Trump’s second term, at the White House, in Washington, D.C., Jan. 21, 2025. Chip Somodevilla | Getty Images The White House on Friday sought to blame former President Joe Biden for lower-than-expected U.S. job gains in January,…
U.S. Sen. Elizabeth Warren (D-MA) speaks to a crowd gathered in front of the U.S. Treasury Department in protest of Elon Musk and the Department of Government Efficiency on Feb. 4, 2025 in Washington, DC. Anna Rose Layden | Getty Images U.S. senators expressed concern on Friday that Elon Musk’s Department of Government Efficiency had…
Tesla and SpaceX CEO Elon Musk takes his seat at the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. President in the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Saul Loeb | AFP | Getty Images Billionaire tech mogul Elon Musk on Friday launched a poll on his…
Part of the funding is expected to be used for Stargate, the joint venture between SoftBank, OpenAI and Oracle announced by President Donald Trump.
People lined up outside of Apple Store on University Ave. in Palo Alto, California, United States on September 20, 2024 as Apple’s iPhone 16 sales officially begins. Tayfun Coskun | Anadolu | Getty Images The U.K. has ordered Apple to provide officials access to users’ encrypted accounts, the Washington Post reported Friday. Britain’s Home Office,…
Many databases from the U.S. Census Bureau appeared to be unavailable to the public on Thursday, with users being told access was “forbidden” when attempting to download common datasets. Several data experts told CNBC that they were receiving the same error message on files that are routinely available. “My staff tried numerous economic releases, and…
Elon Musk, CEO of Tesla, speaks with CNBC on May 16, 2023. David A. Grogan | CNBC A staff member on the Department of Government Efficiency advisory group led by tech billionaire Elon Musk resigned Thursday after The Wall Street Journal asked the White House about his connection to a social media account that advocated…
