President Trump on Tuesday previewed his plans for a new visa program he was calling the gold card, describing it as “somewhat like a green card, but at a higher level of sophistication.” The blingy new program would allow “very high-level people” a new “route to citizenship,” Mr. Trump said. The price tag, he said,…
Defense Secretary Pete Hegseth has ordered senior military and Defense Department officials to draw up plans to cut 8 percent from the defense budget over each of the next five years, officials said on Wednesday. Mr. Hegseth said in a memo issued on Tuesday that a number of branches within the military and the Pentagon…
President Donald Trump greets General Motors CEO Mary Barra (R) prior to a meeting with automobile industry leaders in the Roosevelt Room of the White House in Washington, DC, January 24, 2017. Saul Loeb | AFP | Getty Images DETROIT — General Motors believes it can mitigate up to 50% of potential tariffs President Donald…
Sweden’s government has announced plans to tighten its gun laws, days after the worst mass shooting in the country’s history. A gunman, who killed 10 people and himself at an adult education centre in Orebro on Tuesday, had four legally-owned rifles – three of which were found at the school, police said. Sweden’s centre-right coalition…
TravelPerk CEO and co-founder Avi Meir. TravelPerk TravelPerk, a corporate travel platform, raised $200 million from investors including Atomico and EQT in a funding round valuing the firm at $2.7 billion, the company told CNBC. The fresh financing doubles TravelPerk’s market value from January 2024, when it raised $104 million on a $1.4 billion valuation….
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Just days into President Donald Trump’s second administration, Wall Street is singing…
The word “Netflix” shines brightly at the presentation of the new season (3) of the Netflix series “Bridgerton” in the Flora. Rolf Vennenbernd | Picture Alliance | Getty Images Netflix is hiking the price of most of its U.S. plans. The streaming giant announced on Tuesday that its standard plan without commercials will increase from…
A man on a mobile phone walks past a Bank of China Ltd. branch in Guangzhou, Guangdong Province, China, on Thursday, March 27, 2014. Brent Lewin | Bloomberg | Getty Images China’s largest state-owned banks are likely to see their record low profit margins decline even further as Beijing’s broader stimulus package comes into play,…
The Nissan ARIYA on the EV test track at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC Shares of Japanese automaker Nissan tumbled as much as 10.12%, a day after the company posted downbeat quarterly results and said it would reduce global production capacity by 20%. Shares of the…
Iran has reportedly ordered for a “harsh and regretful” response to Saturday’s deadly Israeli attack on Iranian military facilities. The New York Times, citing three Iranian officials, reported that supreme leader Ayatollah Ali Khamenei had instructed the Supreme National Security Council on Monday to prepare for attacking Israel. Iran’s Supreme Leader Ayatollah Ali Khamenei attends…
