First Lady Melania Trump, President Donald Trump, FIFA President Gianni Infantino and his wife, Leena Al Ashqar, attend the FIFA Club World Cup 2025 final football match between England’s Chelsea and France’s Paris Saint-Germain at MetLife Stadium in East Rutherford, New Jersey, July 13, 2025. Charly Triballeau | AFP | Getty Images President Donald Trump…
White House Press Secretary Karoline Leavitt holds a press briefing at the White House in Washington, D.C., U.S., July 17, 2025. Nathan Howard | Reuters President Donald Trump “would not recommend a special prosecutor” to review the handling and files of the criminal case against the late serial sexual abuser Jeffrey Epstein, the White House…
With expectations that prices will rise throughout the economy over the summer as more tariffs stack up, a group of legislators on Capitol Hill, highlighted by Senator Elizabeth Warren (D-Mass.), introduced a bill to target price gouging by the market’s biggest companies. The Price Gouging Bill of 2025 — introduced on Thursday by Warren along…
Former Federal Reserve Governor Kevin Warsh, reportedly on President Donald Trump‘s short list to lead the institution, called Thursday for sweeping changes on how the central bank conducts business and suggested a policy alliance with the Treasury Department. “We need regime change in the conduct of policy,” Warsh said during an interview on CNBC’s “Squawk…
Archer-Daniels-Midland Co. (ADM) signage displayed on the side of a grain storage bin at an ADM grain elevator in Niantic, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of high fructose syrup producer Archer-Daniels-Midland plummeted on Thursday after President Donald Trump announced that he had persuaded Coca-Cola to use real cane sugar in its drinks…
U.S. Federal Reserve Chair, Jerome Powell and U.S. President Donald Trump. Nathan Howard | Jonathan Ernst | Reuters A new research note gaming out possible scenarios if President Donald Trump decides to fire Federal Reserve Chairman Jerome Powell warns that, regardless of what exactly happens next, “this would be a mess.” “We expect, as does…
Representative Steve Scalise, a Republican from Louisiana, center, speaks to members of the media in Statuary Hall of the US Capitol in Washington, DC, US, on Wednesday, July 16, 2025. Valerie Plesch | Bloomberg | Getty Images The future of a trio of crypto regulation bills was in limbo late Wednesday, after the second day of…
Donald Trump Jr. rings the opening bell on the New York Stock Exchange (NYSE) for the Texas-based firearm e-commerce platform GrabAGun where Trump is a member of the board on July 16, 2025 in New York City. Spencer Platt | Getty Images Shares of the online firearms retailer GrabAGun — whose shareholders and board members…
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: It’s been a volatile session. The S & P 500 on Wednesday afternoon briefly sold off after it was reported that President Donald Trump…
A measure of wholesale prices showed no change in June, providing a conflicting sign over whether tariffs threaten to boost inflation in the coming months. The producer price index was flat, according to seasonally adjusted numbers from the Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for an increase…
