Greek Prime Minister Kyriakos Mitsotakis and German Chancellor Friedrich Merz (not pictured) speak to the media following talks at the Chancellery on May 13, 2025 in Berlin, Germany.Sean Gallup | Getty Images News | Getty ImagesIt would be challenging for NATO members to deliver on U.S. President’s Donald Trump’s defense spending demands, Greece’s prime minister told CNBC.The White House leader has frequently called for NATO nations to increase their security contribution to 5% of their gross domestic product — a target Greece’s Kyriakos Mitsotakis questions can be met.”I think 5% frankly, is very, very difficult,” he said in an interview with CNBC’s…
Author: usaeverydaylife
Nashville, Tennessee, has transformed from its reputation as “Music City” into a major U.S. metro thanks to rapid population growth, job opportunities in key industries like healthcare and tech and a good quality of life. It’s now become one of the fastest-growing U.S. cities, boasting a diverse community and a competitive economy. “It’s not just economics. It’s our climate here,” said John Eldridge, founder and CEO of development company E3 Construction Services. “It’s our culture here. It’s our location.”Some of the biggest names in tech like Amazon and Oracle have invested in the region, too, fueling a rapid tech expansion. Oracle…
Check out the companies making headlines before the bell: Apple — The tech giant saw shares fall 3.5% in premarket trading after President Donald Trump said in a social media post that Apple will have to pay a tariff of 25% or more for iPhones made outside the U.S. Nuclear stocks — Stocks tied to nuclear energy rose as a group after Reuters reported , citing sources, that Trump will sign orders to boost nuclear power as soon as Friday. Shares of Oklo and NuScale rallied more than 8%, each. Constellation Energy gained 2%, while Cameco rose 4%. Intuit —…
Here are Friday’s biggest calls on Wall Street: Citi initiates U.S. Foods as buy Citi said it sees a slew of positive catalysts ahead for the food service products company. “We believe USFD is firmly in the foodservice feedback loop, with accelerating growth in gross profit per case, steady leverage vs operating expenses, and: (1) a credible track record on the initiatives ultimately underpinning this growth, and (2) the expectation of more innings of this to come.” Bank of America reiterates Nvidia as as buy The firm is bullish on the stock heading into earnings next week. “Despite these near-term…
OpenAI CEO Sam Altman testifies before a Senate Commerce, Science, and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” on Capitol Hill in Washington, D.C., U.S., May 8, 2025. Jonathan Ernst | ReutersOpenAI’s skyrocketing valuation over the past few years has turned a lot of employees at the artificial intelligence startup into paper millionaires.But when those employees want to donate a portion of their equity to charity, they’ve been unable to do so, according to three people with knowledge of the matter. The company has deprioritized the issue despite employees’ concerns, said the…
U.S. President Donald Trump speaks to members of the media as he departs a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC. Andrew Harnik | Getty ImagesPresident Donald Trump on Friday said he is “recommending a straight 50% Tariff on the European Union” after complaining that trade negotiations have stalled.The steep new import duties would start on June 1, Trump wrote on Truth Social.The EU “has been very difficult to deal with,” Trump wrote. “Our discussions with them are going nowhere!”Trump’s announcement came less than 30 minutes after he threatened to impose a tariff…
Oil prices held near two-week highs in early trading on Wednesday, supported by an agreement between the U.S. and China to temporarily lower their reciprocal tariffs and a falling U.S. dollar.Imaginima | E+ | Getty ImagesA protracted slump in crude prices has ramped up the pressure on Big Oil’s commitment to allocate cash to shareholders.Western energy supermajors have long sought to return cash to investors through buyback programs and dividends to keep their shareholders happy. Energy executives have also expressed confidence that they can continue to reward investors following a relatively robust set of first-quarter earnings.Some analysts, however, are less…
US President Donald Trump (r) and Apple CEO Tim Cook speak to the press during a tour of the Flextronics computer manufacturing facility where Apple’s Mac Pros are assembled in Austin, Texas, on November 20, 2019.Mandel Ngan | AFP | Getty ImagesPresident Donald Trump said in a social media post Friday morning that Apple will have to pay a tariff of 25% or more for iPhones made outside the United States.”I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in…
House Speaker Mike Johnson speaks to the media after the House narrowly passed a budget bill forwarding President Donald Trump’s agenda at the U.S. Capitol in Washington, May 22, 2025.Kevin Dietsch | Getty ImagesThere’s a stark contrast between high-earners and low-income households in a sprawling legislative package House Republicans passed on Thursday.The bulk of the financial benefits in the legislation — called the “One Big Beautiful Bill Act” — would flow to the wealthiest Americans, courtesy of tax-cutting measures like those for business owners, investors and homeowners in high-tax areas, experts said.However, low earners would be worse off, they said.…
Tesla shares can rebound with an era of major autonomous vehicle-related growth on the horizon, according to Wedbush Securities. Analyst Dan Ives upped his price target on the electric vehicle maker by $150 to $500, which suggests shares can surge 46.6% over the next year. This also marks a new high for Tesla price targets on Wall Street, per LSEG. “We believe the golden age of autonomous is now on the doorstep for Tesla with the Austin launch next month kicking off this key next chapter of growth for Musk & Co.,” Ives wrote in a Friday note to clients.…
