Ray Dalio fears ‘capital wars’ could follow Trump’s actions with countries dumping U.S. assets

Ray Dalio fears ‘capital wars’ could follow Trump’s actions with countries dumping U.S. assets

Billionaire investor Ray Dalio warned that President Donald Trump’s aggressive political direction could spark a new phase of global financial conflict, as foreign governments and investors reconsider their appetite for U.S. assets amid rising unease and economic tensions. “On the other side of trade deficits and trade wars, there are capital and capital wars,” Dalio told…

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Bessent says Trump’s pick for the next Fed chair could happen next week

Bessent says Trump’s pick for the next Fed chair could happen next week

After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary Scott Bessent said Tuesday. The president has whittled down the field to four candidates to succeed current Chair Jerome Powell and a decision is forthcoming, Bessent told CNBC during an interview at…

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Stocks making the biggest moves premarket: NVDA, JBHT, MMM, MU

Stocks making the biggest moves premarket: NVDA, JBHT, MMM, MU

Check out the companies making headlines before the bell: Nvidia — The chipmaker dropped around 2% to lead tech shares lower, with traders trimming positions in the AI giant as global trade tensions escalate following President Donald Trump’s latest tariff threat over Greenland. J.B. Hunt Transport Services — The transportation and logistics company fell more…

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U.S. deal could shield Pharma company Novartis from tariffs: CEO

U.S. deal could shield Pharma company Novartis from tariffs: CEO

Swiss pharmaceutical giant Novartis‘ CEO has said he “thinks” the company has an agreement with the U.S. to shield it from tariffs. Speaking at Davos, Novartis CEO Vas Narasimhan told CNBC’s Karen Tso and Steve Sedgwick that its $23 billion investment in manufacturing, announced last year, was a moat against levies. He was speaking after U.S. President…

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A trade ‘bazooka’ against Trump’s Greenland tariffs is in the cards for the EU

A trade ‘bazooka’ against Trump’s Greenland tariffs is in the cards for the EU

A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in Frankfurt am Main, western Germany, on Dec. 30, 2025. Kirill Kudryavtsev | Afp | Getty Images Greenland’s Prime Minister Jens-Frederik Nielsen stood firm on the island’s self-governance, rejecting any suggestion that trade pressure could sway the…

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