BEIJING — U.S. President Donald Trump has kept up an uneasy silence about Taiwan following his meeting with Chinese leader Xi Jinping this week, despite the U.S.’ announcement in December of a record $11 billion in arms sales to the island against Beijing’s wishes. Trump had said the Taiwan arms sales would be on the…
Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., center left, during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty Images Cerebras Systems‘ raucous IPO this week gave investors a taste of what’s to come in artificial…
President Donald Trump has been considered the ultimate stock market president, overseeing an expansion to numerous record highs while serving as a catalyst for major declines. Within the first two months of Trump’s second term, the S&P 500 experienced one of the fastest falls to correction territory since World War II, spurred primarily by uncertainty…
A sign for the Senior Community Service Employment Program at the AARP Foundation in Harrisburg, Pennsylvania, May 18, 2017. Laurie Kellman | AP Ronald Williams was unemployed when a friend recommended a local jobs program for older workers. After he completed training with Goodwill in 2024, Williams quickly landed a job as a custodian —…
Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | Afp | Getty Images If new Federal Reserve Chair Kevin Warsh is still itching for a “good family fight” over monetary policy, he is…
Don’t look now, but the pain from high energy prices might be about to bite Americans twice. With no end in sight to the war in Iran and oil prices stuck above $100 a barrel, bond traders worried about inflation have sold off long-term government debt in the U.S. and developed economies in recent days….
BEIJING, CHINA – MAY 14: U.S. President Donald Trump and Chinese President Xi Jinping attend a welcome ceremony at the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty Images As the leaders of the world’s two most powerful economies rekindled personal ties in…
Russian President Vladimir Putin and Chinese President Xi Jinping pose for photos before their meeting in Beijing, China September 2, 2025. Sergey Bobylev | Via Reuters Russian President Vladimir Putin will meet his Chinese counterpart Xi Jinping in Beijing from May 19-20th, Moscow and Beijing said on Saturday. The meeting will take place less than…
China will ramp its crude oil imports from the United States because the world’s two largest economies are natural trade partners when it comes to energy, Chris Wright told CNBC on Friday. China is the largest oil importer in the world and the U.S. is the biggest producer. “There’s a natural energy trade there,” the…
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. Stocks pulled back on Friday, but the S & P 500 is still on pace for its seventh straight positive week. The market moved lower in…
