Elon Musk, during a news conference with President Donald Trump on May 30, 2025 inside the Oval Office at the White House in Washington. Tom Brenner | The Washington Post | Getty ImagesElon Musk’s official role in the Trump administration recently came to an end. Many Republicans won’t be sad to see less of him, according to the results of Quinnipiac University’s latest public opinion survey.While a majority of Republicans still hold a favorable view of Musk, the number fell to 62% in the poll out Wednesday, down from 78% in March, Quinnipiac said.Overall, the Quinnipiac poll found that 30%…
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A man stocks shelves at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty Images Consumer prices in the U.S. have been benign since February, and the May reading continues that trend, according to the Bureau of Labor Statistics’ consumer price index report released Wednesday. Meanwhile, the May jobs report, while better than expected, revised downward the figures for March and April, exposing some weaknesses in the labor market. In ordinary times, the scenario of muted inflation and a job market that’s starting to wobble would make cutting interest rates — a move…
CNBC’s Eamon Javers joins ‘Fast Money’ to talk the latest on Sec. Scott Bessent’s testimony on trade. Source link
FILE PHOTO: Mahmoud Khalil speaks to members of media about the Revolt for Rafah encampment at Columbia University during the ongoing conflict between Israel and the Palestinian Islamist group Hamas in Gaza, in New York City, U.S., June 1, 2024. Jeenah Moon | ReutersThe federal judge presiding over Mahmoud Khalil’s case ruled that the Trump administration, for now, cannot deport or detain the Columbia University activist based on a determination by U.S. Secretary of State Marco Rubio.The judge’s order will not take effect until Friday, allowing the government time to appeal.Rubio has cited an obscure provision of the Immigration and Nationality Act of 1952…
U.S. President Donald Trump and U.S. House Speaker Mike Johnson react during an Invest America Roundtable in the State Dining room, at the White House, in Washington, U.S., June 9, 2025. Evelyn Hockstein | ReutersThe House on Wednesday moved a step closer to approving President Donald Trump’s $9.4 billion spending cut package, which would codify some cuts originally proposed by the Department of Government Efficiency.The package would grant permission to the White House not to spend billions of dollars that had already been approved by Congress. The money would be clawed back from specific agencies like the U.S. Agency for…
Voyager Technologies Chairman and CEO Dylan Taylor and Matthew J. Kuta, President and Co-Founder, ring the opening bell to celebrate the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., June 11, 2025. NYSEVoyager Technologies secured a valuation of $3.8 billion after the defense and space firm’s shares more than doubled in their U.S. debut, signaling strong interest in the sector expected to thrive under the Trump administration.The Denver, Colorado–based company’s stock opened 125% higher on Wednesday at $69.75 apiece, above the $31 offer price. Voyager raised $382.8 million by selling nearly 12.4 million shares in an upsized IPO.The space…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyChris Harvey, Wells Fargo Securities head of equity strategy and managing director, joins ‘Fast Money’ to talk his bull case for the S&P 500.05:133 hours ago Source link
Hong Kong. Kowloon. Busy street in Mong Kok District.Acavalli | E+ | Getty ImagesAsia-Pacific markets were set to open mixed as traders assessed U.S. President Donald Trump’s declaration that a trade deal with China was “done.”Chinese imports would invite 55% tariffs, Trump suggested. Commerce Secretary Howard Lutnick confirmed that tariffs on China will stay at that level. Japan’s benchmark Nikkei 225 was set to open lower, with the futures contract in Chicago at 38,330 while its counterpart in Osaka last traded at 38,400 compared with the index’s last close of 38,421.19.Futures for Hong Kong’s Hang Seng index last traded at…
An estimated $1.4 trillion is paid to landlords of residential properties every year in America, but only 20% of those landlords choose to report the rent paid. That has big implications for the credit scores and credit histories of millions of Americans.Reporting rent paid on time to credit bureaus can significantly boost credit scores, but since it has not traditionally been a common practice, some renters end up having no credit history at all, making them “credit invisible,” limiting their ability to get a loan, a car, a house and a lot more. Over 50 million Americans lack a credit history…
European defense companies have seen a monumental rise in value this year, as a regional push to ramp up military spending sparks a bull run on the sector. Strategists, analysts and industry leaders spoke to CNBC about the outlook for the industry, which has The industry has seen several stocks more than double in value in just six months but it now faces a shortage of rare earth minerals. Experts were divided on whether the sector has reached its peak as some analysts told CNBC they see more upside ahead, while others said the supply bottleneck could frustrate the sector’s…
