European stocks set to open higher as traders assess the fate of Trump's tariffs
European stocks are expected to open slightly higher on Thursday, as global markets weigh up the fate of President Donald Trump’s trade tariffs. Source link
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Trump asks Supreme Court to take up tariffs appeal
U.S. President Donald Trump gestures during a cabinet meeting at the White House in Washington, D.C., U.S., August 26, 2025. Jonathan Ernst | Reuters President Donald Trump’s administration on Wednesday appealed to the Supreme Court a federal court ruling that said that most of his country-specific tariffs are illegal, setting up a legal clash that…
Waller, in the running for chair, says Fed should cut in September
Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City on Nov. 12, 2024. Brendan McDermid | Reuters Federal Reserve Governor Christopher Waller, a candidate to take over from Jerome Powell as chair in 2026, on Wednesday voiced his support for starting a rate-cutting cycle in two weeks and said…
Sen. Rand Paul calls Trump stake in Intel ‘a step towards socialism’
Sen. Rand Paul, R-Ky., does a TV interview in the Russell Senate Office Building on Tuesday, June 3, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Sen. Rand Paul (R-Ky.) on Wednesday criticized the Trump administration’s decision to take a 10% stake in embattled chipmaker Intel, calling the investment “a step towards socialism.” Intel announced last month…
Macy’s (M) Q2 Earnings 2025
Scott Olson | Getty Images Macy’s posted second-quarter earnings Wednesday that easily topped Wall Street’s expectations, as it said revamped stores helped sales trends. The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share,…
Asia markets track declines on Wall Street as tariff concerns weigh
Elizabeth Quay in Perth City Merr Watson/women Who Drone | Photodisc | Getty Images Asia-Pacific markets fell Wednesday, tracking losses on Wall Street as investors assessed rising global bond yields and the latest developments on the trade front. Australia’s S&P/ASX 200 declined by 0.5%, ahead of the release of its GDP reading for the second quarter ended…
Fed Governor Lisa Cook did not commit mortgage fraud: lawyer
Lisa Cook, governor of the Federal Reserve, speaks during a Fed Listens event in Washington, D.C., on March 22, 2024. Al Drago | Bloomberg | Getty Images Federal Reserve Board Governor Lisa Cook “did not ever commit mortgage fraud,” her lawyer Abbe Lowell said Tuesday in a new court filing bolstering arguments why a judge…
Supreme Court needs tariff decision quickly
US President Donald Trump speaks in the Oval Office of the White House in Washington, DC, on September 2, 2025. Trump announced that US Space Command will move its headquarters from Colorado to Alabama. f Saul Loeb | Afp | Getty Images Read more CNBC politics coverage “We’re going to be going to the Supreme…
Trump National Guard California Newsom
The National Guard, police and protesters stand off outside of a downtown jail in Los Angeles following two days of clashes with police during a series of immigration raids on June 08, 2025 in Los Angeles, California. Spencer Platt | Getty Images A federal judge on Tuesday barred President Donald Trump from deploying National Guard…
Microsoft offers US government $6 billion in savings on cloud services
President Donald Trump shakes hands with Microsoft CEO Satya Nadella during an American Technology Council roundtable at the White House in Washington on June 19, 2017. Nicholas Kamm | AFP | Getty Images Microsoft has agreed to give the U.S. General Services Administration $3.1 billion in potential savings over the course of a year on…