Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025. Brian Snyder | Reuters President Donald Trump told Cabinet members last week that billionaire Elon Musk will leave his administration role in the coming months, NBC News reported Wednesday. A…
BEIJING, CHINA – NOVEMBER 05: A view of China’s Ministry of Commerce (MOFCOM) on November 5, 2024 in Beijing, China. Visual China Group | Getty Images China’s Ministry of Commerce said Thursday it would take “resolute counter-measures” against the sweeping U.S. tariffs announced by U.S. President Donald Trump and urged Washington to “immediately cancel” its…
As President Donald Trump announced wide-ranging “reciprocal tariffs” on more than 180 countries and territories, CNBC’s Jim Cramer said on Wednesday that the president cares more about punishing America’s trading partners than appeasing investors. By including U.S. allies in the tariff hit, Trump shows his willingness to “disrupt everything” in order to teach other countries…
Treasury Secretary Scott Bessent speaks to reporters outside the West Wing after doing a television interview on the North Lawn of the White House on March 13, 2025 in Washington, DC. Andrew Harnik | Getty Images Treasury Secretary Scott Bessent said Wednesday the sell-off in the stock market is due more to a sharp pullback in…
Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the Inauguration of Donald J. Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. Julia Demaree Nikhinson | Getty Images Amazon…
Aluminum cans wait to be filled with craft beer during a production run at Black Plague Brewery in Oceanside, California, U.S., March 14, 2025. Mike Blake | Reuters The Trump administration will implement a 25% tariff of all imported canned beer and empty aluminum cans starting Friday, according to a notice from the Department of…
Boeing CEO Kelly Ortberg testifies before a Senate Commerce, Science, and Transportation Committee hearing about Boeing’s commitment to address safety concerns in the wake of a January 2024 mid-air emergency involving a new 737 MAX, on Capitol Hill in Washington, D.C., U.S., April 2, 2025. Ken Cedeno | Reuters Boeing CEO Kelly Ortberg on Wednesday…
Artificial intelligence cybersecurity company Adaptive Security announced Wednesday that it closed a $43 million funding round in March, co-led by OpenAI and Andreessen Horowitz. The investment marks OpenAI’s first outside backing of a cybersecurity firm. Adaptive Security simulates AI-powered attacks against companies, specializing in training for deepfake attacks and other phishing threats. “The technology is…
Private payroll gains were stronger than expected in March, countering fears that the labor market and economy are slowing, according to a report Wednesday from ADP. Companies added 155,000 jobs for the month, a sharp increase from the upwardly revised 84,000 in February and better than the Dow Jones consensus forecast for 120,000, the payrolls…
A ‘For Sale’ sign is posted in front of a home for sale on March 5, 2025 in Pasadena, California. Mario Tama | Getty Images Mortgage rates have barely budged in the last month. That, and a broader concern among consumers about the state of the economy, has also kept mortgage demand muted. Total mortgage…
