Trump Media interim CEO Kevin McGurn on Monday defended his company offering faster access to President Donald Trump‘s Truth Social posts, and said more customers have signed up for the pricey and controversial service. “We’re getting into the mid-teens now, and we’re climbing,” McGurn told CNBC’s “Squawk Box” when asked if more companies had started…
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty Images Treasury Secretary Scott Bessent is seeking to cap rising yields using a variety of tools…
US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews, Maryland on Aug. 21, 2026. Saul Loeb | AFP | Getty Images President Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027,…
Paramount sign outside their offices at 1515 Broadway in New York City, U.S., Feb. 17, 2026. Adam Gray | Reuters California Attorney General Rob Bonta canceled a meeting with Paramount Skydance on Monday, saying the company demonstrated a “lack of good faith” in early settlement talks around its planned merger with Warner Bros. Discovery. “My…
U.S. Trade Representative Jamieson Greer speaks to members of the press outside the West Wing of the White House on April 2, 2026 in Washington, DC. Alex Wong | Getty Images U.S. Trade Representative Jamieson Greer on Monday suggested Canada was responsible for the collapse of trade-deal negotiations last week, telling CNBC that Ottawa changed…
Treasury Secretary Scott Bessent speaks to members of the media outside the White House in Washington, Aug. 20, 2026. Yuri Gripas | Abaca | Bloomberg | Getty Images The Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase purchases of government bonds, according to two senior…
GUANGZHOU, CHINA – JULY 14: A woman looks at her smartphone while walking past a SHEIN sign outside the company’s office on July 14, 2026, in Guangzhou, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in…
Roberto Machado Noa | Lightrocket | Getty Images The Canadian dollar fell on Monday morning after trade talks between Ottawa and Washington fell apart, leaving both sides facing higher prices on a wide array of imported goods. The U.S. on Saturday slapped 50% tariffs on around $20 billion worth of imports from Canada, its second-biggest…
Treasury yields moved lower Monday as investors look ahead to Federal Reserve Chair Kevin Warsh’s keynote speech at Jackson Hole, which takes place later this week against a backdrop of bond market pressure, stubborn inflation and soaring U.S. national debt. Yields on the 10-year Treasury note — the main benchmark for mortgages, auto loans and…
A Boeing 737 MAX 10 fuselage is pictured during the opening ceremony for the company’s new North Line assembly line, which will produce 737 MAX aircraft, at the Boeing Everett Factory in Everett, Washington, on July 10, 2026. Jason Redmond | Afp | Getty Images In August 2018, the then-president and now CEO of United…
