OMAHA, Nebraska — Warren Buffett on Saturday criticized President Donald Trump’s hardline trade policy, without naming him directly, saying it’s a big mistake to slap punitive tariffs on the rest of the world. “Trade should not be a weapon,” Buffett said at Berkshire Hathaway‘s annual shareholder meeting. “The United States won. I mean, we have become…
President Donald Trump said Sunday evening that he is not intentionally engineering the ongoing stock market sell-off, but said little to try and dissuade it. “I don’t want anything to go down, but sometimes you have to take medicine to fix something,” Trump told reporters aboard Air Force One Sunday night when asked about the…
Watch: ‘I’m getting angry and anti-American’ – Canadians on tariff threat President Donald Trump has suspended for 30 days the hefty tariffs on Mexico and Canada that he threatened after last-minute negotiations with the two US neighbours. He can point to concessions on border and crime enforcement as a victory. But Canada’s Justin Trudeau and…
Rachel Reeves has admitted she was wrong to say before the election that no major tax rises would be needed, but promised there was “no need to increase taxes further” after last week’s budget raised £40bn. The UK chancellor said she had not known the true picture of the “huge black hole in public finances”…
At least four people died and others were hurt after severe storms including a possible tornado swept through St Louis on Friday, as tens of millions of Americans in multiple states braced for possible damage from expected high winds and severe weather this weekend. St Louis mayor Cara Spencer confirmed the deaths after storms tore…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. The stock market is higher on Friday and pacing for a five-day winning streak. The S & P 500 is on track to gain more than 4% this week….
Department of Homeland Security officials have ordered what amounts to a pause for a range of programs that allowed immigrants to settle in the United States temporarily, including a key initiative providing an entryway for Ukrainians. The directive, contained in an email sent by the top official at U.S. Citizenship and Immigration Services on Thursday…
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025. Saul Loeb | Via…
A general view of the Bank of England on Dec. 19, 2024 in London, England. Dan Kitwood | Getty Images News | 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 where they are….
Airplanes on the tarmac during a snow storm at Ronald Reagan Washington National Airport in Arlington, Virginia, US, on Monday, Jan. 6, 2025. Ting Shen | Bloomberg | Getty Images Thousands of flights were disrupted Monday as a winter storm moved eastward, snarling air travel in the eastern U.S. By 5:45 p.m. ET, more than…
