Author: usaeverydaylife

Nintendo Switch 2 controllers are displayed during at the Nintendo New York store on June 4, 2025, for a launch event ahead of the video game hybrid console’s midnight release. David Dee Delgado | AFP | Getty ImagesNintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, a record-breaking start for the company’s first new console in eight years. The sales figures, reported by the Japanese multinational video-game company on Wednesday, put it on the path to realizing its aim of selling 15 million units of the Switch 2 console…

Read More

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, major cryptocurrencies climb as investors wait for more insight on trade discussions between the U.S. and China. Plus, Brian Quintenz, President Trump’s pick to lead the U.S. Commodity Futures Trading Commission, prepares to testify before the Senate. And, Matt Hougan, Bitwise Asset Management CIO, discusses the launch of the asset manager’s new GameStop-focused covered call ETF.11:11Tue, Jun 10 20253:24 PM EDT Source link

Read More

A federal appeals court agreed on Tuesday to allow President Trump to maintain many of his tariffs on China and other U.S. trading partners, extending a pause granted shortly after another panel of judges ruled in late May that the import taxes were illegal.The decision, from the U.S. Court of Appeals for the Federal Circuit in Washington, delivered an important but interim victory for the Trump administration, which had warned that any interruption to its steep duties could undercut the president in talks around the world.But the government still must convince the judges that the president appropriately used a set…

Read More

CNBC’s Jim Cramer on Tuesday said he thinks it’s necessary to review stocks that have captured the attention of the younger investors but aren’t always highlighted by Wall Street analysts.”I think relevance dictates that we cover the companies that are treated as irrelevant or even pariahs by the gray beards around here,” he said. “It isn’t true that no one cares. I fear everyone cares, except those of us on Wall Street. We have to do better about nuke, about quantum and crypto, because our younger viewers deserve better.”Cramer suggested that younger investors favor any stock that has to do…

Read More

College graduates of the class of 2025 seek jobs at a special job fair for the new food and biomedicine industries in Huai ‘an City, Jiangsu Province, China, on June 8, 2025. Nurphoto | Nurphoto | Getty ImagesThis report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore the biggest business stories in China, give a lowdown on market moves and help you set up for the week ahead. Like what you see? You can subscribe here.The big storyChina’s eagerness to adopt artificial intelligence…

Read More

Gov. Gavin Newsom speaks with Economic Development Corporation CEO Stephen Cheung at the 2025 Economic Forecast and Industry Outlook conference at East Los Angeles College on Wednesday, February 26, 2025. Sarah Reingewirtz | Medianews Group | Los Angeles Daily News Via Getty Images | Medianews Group | Getty ImagesAmid immigration raids, peaceful protests, attacks on law enforcement officers and the threat of his own arrest by federal agents, California Gov. Gavin Newsom is immersed in what could be the most consequential political fight of his career.The battle between the president and the governor of the country’s largest state instantly turned Newsom…

Read More

A federal appeals court on Tuesday said the Trump administration did not have to comply for now with a judge’s order to give due process to scores of Venezuelan immigrants who were deported to El Salvador under a wartime law.The ruling, by the U.S. Court of Appeals for the District of Columbia Circuit, came one day before the administration was supposed to outline for a lower-court judge how to allow nearly 140 deported Venezuelans to challenge their expulsion. The men, accused of being members of a violent street gang called Tren de Aragua, are being held in a maximum-security Salvadoran…

Read More

US President Donald Trump speaks during a the White House Crypto Summit in Washington, DC, March 7, 2025. Jim Watson | AFP | Getty ImagesWhite House AI czar David Sacks on Tuesday downplayed the risk that coveted American AI chips could be smuggled to bad actors, and expressed concern that regulating U.S. AI too tightly could stifle growth and cede the critical market to China.”We talk about these chips like they could be smuggled in the back of a briefcase. That’s not what they look like. These are server racks that are eight feet tall and weigh two tons,” Sacks said…

Read More