US officials are headed to Russia to discuss a potential ceasefire in Ukraine, according to President Donald Trump. The news comes after Ukrainian officials agreed to a 30-day ceasefire following a highly anticipated meeting with American officials in Saudi Arabia. Earlier, Secretary of State Marco Rubio said that the “ball is truly in their [Russia’s]…
Iran’s supreme leader Ayatollah Ali Khamenei has rejected the idea of negotiations with the US over its nuclear programme, as Tehran confirmed receiving a letter from President Donald Trump. Last week, Trump said the letter proposed talks on a deal that would prevent Iran acquiring nuclear weapons and avert possible military action. Although Khamenei said…
Paul Kirby, Bethany Bell & Adam Easton In London, Rome & Warsaw Getty Images Imports of American jeans, motorcyles and bourbon will be hit by EU countermeasures In Brussels, it was just after 06:00 on Wednesday. But it was midnight in Washington DC when President Donald Trump’s 25% tariffs on steel and aluminium took effect…
Elon Musk has become, in some people’s words, President Donald Trump’s ‘first buddy.’ But the Trump administration’s moves to strip away a lot of EV-friendly policies have led some Tesla investors, analysts, and EV researchers to insist this will all be disastrous for the company, the largest U.S. EV maker by far. More bullish analysts…
Elon Musk speaks as one of his young sons and President Donald Trump listen in the Oval Office of the White House in Washington, D.C., Feb. 11, 2025. Kevin Lamarque | Reuters President Donald Trump shared his intent to purchase a Tesla on Tuesday to support Elon Musk as the electric vehicle maker’s sales and…
President Trump praised Elon Musk and said he would buy a “brand new Tesla” despite railing against electric cars in the past, after shares in the electric-car maker plunged to their lowest point since before Election Day. Tesla’s stock price rose sharply after Mr. Trump’s election and Mr. Musk’s appointment as the Trump administration’s de…
U.S. President Donald Trump pumps his fist after deboarding from Air Force One upon arrival in West Palm Beach, Florida, U.S., March 7, 2025. Kevin Lamarque | Reuters CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors and key decision-makers will…
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025. Charly Triballeau | Afp | Getty Images CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors…
Anna Barclay | Getty Images Shares of Trump Media dropped more than 10% in intraday trading Monday, accelerating the company’s downward slide since President Donald Trump took office. The company behind Trump’s preferred social media app Truth Social was trading below $20 per share around 3:00 p.m. ET — down about 50% from its closing price on Jan. 20,…
Federal Reserve Chair Jerome Powell speaks at the 2025 U.S. Monetary Policy Forum on March 7, 2025, in New York City. Spencer Platt | Getty Images News | Getty Images The U.S. nonfarm payrolls report for February was weaker than expected, but the silver lining is that the number of jobs added for the month…
