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Stocks surged around the world after U.S. and Chinese officials said they agreed to temporarily suspend most of the tariffs they have imposed on each other. Futures for the S&P 500 suggested that U.S. stocks would open nearly 3 percent higher when trading begins in New York on Monday morning. Futures for the tech-heavy Nasdaq […]
President Trump’s executive order to defund NPR and PBS was met with fiery pushback on Friday, as the organizations challenged the legality of the move and said it could jeopardize access to vital information. The order issued late Thursday instructed the Corporation for Public Broadcasting, which receives and distributes over $500 million in taxpayer money […]
Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week […]
Apple’s M4 MacBook Air in a marketing photograph. Apple Apple on Wednesday announced new MacBook Air models that update the company’s bestselling laptop with a faster M4 chip and an upgraded videoconferencing camera. The computers also got a $100 price cut in the U.S., despite tariffs by President Donald Trump that took effect on Tuesday […]
Even by Washington standards, the second Trump presidency has begun in frenetic fashion: mass firings at federal agencies, tariff threats against allies and foes alike, and haggling over how to get a Republican budget through a narrowly divided Congress. Business leaders and corporate investors are confident that things will turn out fine, at least for […]
Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines shares surged Friday after the struggling budget carrier said it would cut jobs and sell aircraft. The stock closed the day 16% higher, at $2.79 per share. The […]
