A screen displays a press conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the NYSE in New York, U.S., July 30, 2025. Jeenah Moon | Reuters LONDON — European stocks opened mostly higher as markets awaited the latest monetary policy decision by the U.S. Federal Reserve, which is expected to lower…
Late-night host Stephen Colbert said his interview with Democratic Texas Senate candidate James Talarico was pulled from Monday night’s broadcast over network fears it would violate regulatory guidance from the Trump administration on giving equal time to political candidates. “He was supposed to be here, but we were told in no uncertain terms by our…
For millions of Americans, it is an uncertain time. Amazon, General Motors and Paramount have all been making layoffs, and U.S.-based employers announced 153,074 job cuts in October altogether, according to research firm Challenger, Gray & Christmas. The government shutdown has also left hundreds of thousands of workers without pay, millions of SNAP recipients without…
Nvidia CEO Jensen Huang (L) and the CEO of the SoftBank Group Masayoshi Son pose during an AI event in Tokyo on November 13, 2024. Akio Kon | Bloomberg | Getty Images Japanese giant SoftBank said Tuesday it has sold its entire stake in tech giant Nvidia for $5.83 billion. The firm said in its…
U.S. President Donald Trump and British Prime Minister Keir Starmer (not pictured) hold a bilateral meeting at Trump Turnberry golf course in Turnberry, Scotland, Britain, July 28, 2025. Evelyn Hockstein | Reuters A federal trade court on Monday declined, for now, to block President Donald Trump’s decision to end a longstanding tariff exemption for low-value…
U.S. President Donald Trump speaks to the media before boarding Marine One upon departure for New York, in Washington, D.C., U.S., Sept. 11, 2025. Evelyn Hockstein | Reuters President Donald Trump on Friday said the suspected shooter of conservative political activist Charlie Kirk is in custody. “I think with a high degree of certainty, we…
U.S. President Donald Trump speaks during a Women’s History Month event in the East Room of the White House in Washington, D.C., U.S., March 12, 2026. Evan Vucci | Reuters President Donald Trump on Friday said U.S. could pull out of Iran “right now” and still leave Tehran unable to rebuild its military capabilities for…
Sam Altman, left, and Elon Musk. Muhammed Selim Korkutata | Anadolu | Getty Images Sam Altman has dismissed longtime rival Elon Musk’s warnings that OpenAI is set to dominate Microsoft, after the companies announced that OpenAI’s latest AI model will be incorporated into Microsoft products. On Thursday, Microsoft CEO Satya Nadella announced that OpenAI’s GPT-5…
U.S. Vice President JD Vance looks on, on the day U.S. President Donald Trump announces a deal with Pfizer to sell drugs at lower prices, in the Oval office of the White House in Washington, D.C., on Sept. 30, 2025. Ken Cedeno | Reuters Vice President JD Vance on Sunday said there is “a lot…
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. Markets are solidly higher , with the S & P 500 trying to have its first three-session win streak since late January. Sector rotation remains the…
