A banner depicting the Washington, D.C., flag with a text reading “Free DC” hangs from an overpass with a view of the U.S. Capitol after U.S. President Donald Trump announced federal take over of the Metropolitan Police Department under the Home Rule Act to assist in crime prevention in the nation’s capital, in Washington, D.C.,…
Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Taiwan’s Foxconn, the world’s largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, on the strength of…
In the face of blistering criticism from President Donald Trump, Goldman Sachs economist David Mericle on Wednesday stood by a controversial forecast that tariffs will begin to hit consumer wallets. Trump lashed out at the bank in a Tuesday post on Truth Social, suggesting that CEO David Solomon “get a new Economist” or consider resigning….
A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, U.S., June 22, 2025. Joel Angel Juarez | Reuters Tesla is recruiting test drivers in New York to operate cars with “automated driving systems,” but the company hasn’t applied for the permits it would need to test autonomous vehicles in the…
E. J. Antoni, Heritage Foundation economist and former economist for the Texas Public Policy Foundation. Courtesy: Texas Public Policy Foundation Heritage Foundation economist E. J. Antoni, chosen Monday by President Donald Trump to lead the Bureau of Labor Statistics, recently floated the idea of the BLS suspending its traditional monthly jobs reports. Antoni, in an interview…
CNBC’s Jim Cramer reviewed Tuesday’s stock market action and advised investors to stay in the market despite the geopolitical environment. Otherwise, he said, they might miss out on winning sessions. “People just can’t seem to process the most important three words in the investing lexicon: ‘stay the course.’ Nobody wants to stand pat when they…
The exterior of the Smithsonian’s National Museum of American History, after the museum removed explicit reference to U.S. President Donald Trump from an exhibit about impeachment according to a spokesperson, in Washington, D.C., U.S., August 1, 2025. Annabelle Gordon | Reuters The White House told the Smithsonian Institution it will conduct a comprehensive review of…
Goldman Sachs CEO David Solomon participates in an Invest America Roundtable in the State Dining Room at the White House, in Washington, June 9, 2025. Evelyn Hockstein | Reuters President Donald Trump on Tuesday said Goldman Sachs CEO David Solomon should either replace the bank’s economist or “just focus on being a DJ,” days after…
Spanish Prime Minister Pedro Sanchez gives a press conference after a meeting with King Felipe VI at the Marivent Palace, on July 29, 2025, in Palma de Mallorca, Balearic Islands, Spain. Europa Press News | Europa Press | Getty Images Spain’s somewhat unique approach to defense and foreign policy is fueling tensions with the Trump…
CNBC’s Jim Cramer argued that President Donald Trump‘s deal with semiconductor giants Nvidia and AMD isn’t necessarily unprecedented. “There’s nothing novel at all about taking a 15% cut. It’s not like Trump’s collecting this money personally…that 15% goes straight to the Treasury,” he said. “To take a 15% cut on their Chinese sales is basically…
