Tesla CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., on April 30, 2025. Evelyn Hockstein | Reuters He may have stopped openly feuding with President Donald Trump, but Elon Musk isn’t backing off his bid to kill Trump’s signature megabill. The Tesla and…
Harvard University graduates attend the university’s 374th commencement ceremony on May 29, 2025 in Cambridge, Massachusetts. Vcg | Visual China Group | Getty Images The Trump administration on Monday said an investigation into Harvard University found the school had violated the federally protected civil rights of Jewish and Israeli students. In a letter to university…
Witthaya Prasongsin | Moment | Getty Images Senate Republicans are threatening to hike taxes on clean energy projects and abruptly phase out credits that have supported the industry’s expansion in the latest version of President Donald Trump‘s big spending bill. The measures, if enacted, would jeopardize hundreds of thousands of construction jobs, hurt the electric…
US President Donald Trump holds an Apple Inc. iPhone during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Friday, May 23, 2025. Samuel Corum | Bloomberg | Getty Images President Donald Trump criticized AT&T in consecutive Truth Social posts on Monday, writing that the country’s third…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves : The S & P 500 and Nasdaq were modestly higher Monday after logging record-high closes on Friday. They are both poised to close…
An electric air taxi by Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023. Roselle Chen | Reuters Joby Aviation stock soared about 14% as the flying air taxi maker got closer to launching a service in the United Arab Emirates. The electric vertical takeoff and landing,…
The White House will likely ask more countries to drop their digital services taxes as part of ongoing trade talks, a senior Trump administration official said Monday after Canada rescinded its DST over the weekend. “My expectation is that the digital services taxes around the world will be taken off, and that that will be…
Bank stocks rose Monday following the Federal Reserve’s late Friday announcement of its annual stress test results. Wall Street analysts say these two Club holdings came out on top. The news Morgan Stanley analysts described Goldman Sachs and Wells Fargo as the “biggest winners” of the 2025 stress tests, which put U.S. banks with at…
Visitors to the U.S. Capitol rest in the shade on Capitol Hill in Washington, D.C., U.S., June 25, 2025. Nathan Howard | Reuters Senators on Monday began offering amendments to President Donald Trump’s megabill, following a weekend of tense negotiations to try to get the president’s second term domestic priorities through the upper chamber. The…
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans’ weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | Reuters After weeks of sparring over the specifics of the “one big, beautiful bill,” the package is poised to soon head to…
