Stanley Druckenmiller at CNBC’s Delivering Alpha on Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller made a rare post on the social media platform X on Sunday, reiterating his opposition to tariffs exceeding 10%. The founder of Duquesne Family Office has been consistent in opposition to the U.S. imposing tariffs above 10%…
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…
White House economic adviser Kevin Hassett stands next to U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025. Leah Millis | Reuters A crashing stock market is not part of an intentional strategy by President Donald Trump, White House National Economic Council director Kevin Hassett…
Visitors take pictures by a sign posted in front of Meta headquarters in Menlo Park, California, on Jan. 29, 2025. Justin Sullivan | Getty Images Meta on Saturday released the first models from its latest open-source artificial intelligence software Llama 4, as the company scrambles to lead the race to invest in generative AI. But…
The formula at the core of President Donald Trump’s tariff announcement that continues to rattle markets is bewildering economists, who say it is based on flawed assumptions. Economists argue that Trump’s formula relies on a flawed, underestimation of a key metric, resulting in inflated tariff rates for countries. According to the Office of the United…
Beau Vallis started his music career young. The 32-year-old got an internship at legendary music engineer Jimmy Douglass’ studio in Miami when he was just 18. It was there he met former Destiny’s Child member Kelly Rowland, for whom he became the go-to music engineer, and ultimately worked with such modern icons as Sia and…
Chinese automaker BYD is rapidly seizing the title of the world’s leading name in electric vehicles. It passed Tesla in global revenues in 2024 — though it sold slightly fewer EVs. Including hybrids, BYD’s volume is about twice that of its American rival. Shares are up more than 40% since the beginning of 2025. Tesla’s…
Traders work on the floor of the New York Stock Exchange during morning trading on April 03, 2025 in New York City. Michael M. Santiago | Getty Images Traders are now betting the Federal Reserve will cut interest rates at least four times this year, amid fears President Donald Trump’s tariffs could tip the U.S….
Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor. Trump on Friday shared an outlandish social media video that defends his recent policy…
A pump jack operates near a gas turbine power plant in the Permian Basin oil field outside of Odessa, Texas, U.S. February 18, 2025. Eli Hartman | Reuters U.S. oil prices have dropped to their lowest level since 2021 this week, sparked in part by concerns that the massive tariffs announced by the United States…
