A bagpipe player wears traditional dress next to Donald Trump as he arrived at his Trump Turnberry Resort on June 24, 2016 in Ayr, Scotland.Getty ImagesAs U.S. President Donald Trump visits Scotland this week, the U.K. will be looking to further cement warm ties with the White House leader and to complete some important unfinished business.The president is due to visit two Trump-owned golf sites in Turnberry and Aberdeen between Friday and Tuesday, as well as one of his new golf courses that’s set to open in August.He’s also due to have an informal meeting with U.K. Prime Minister Keir Starmer…
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Martin Barraud | Ojo Images | Getty ImagesAs President Donald Trump weighs ending capital gains taxes on home sales to bolster the housing market, experts say it’s possible to lower your bill without legislative changes.When asked about the idea this week in the Oval Office, Trump told reporters, “we’re thinking about that.”Under current law, you can trigger capital gains taxes for a primary home sale if your profit exceeds $250,000 for single filers or $500,000 for married couples filing together.More from Personal Finance:Trump floats ‘no tax on capital gains’ for home sales. Here’s who could benefitStudent loan forgiveness paused for…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin and ether both make gains while Solana slips to $188. Plus, Gerry O’Shea, head of global market insights for Hashdex, discusses the impact of the GENIUS Act on markets and what to expect for crypto in the second half of 2025.10:25Thu, Jul 24 20253:04 PM EDT Source link
CNBC’s Jim Cramer on Thursday affirmed his faith in the earnings power of artificial intelligence, telling investors that Big Tech hyperscalers aren’t spending too much on the new technology.”These companies aren’t overspending on AI, they are actually underspending on AI,” Cramer said. “See, this is a winner-take-all, loser-take-none situation. The only reason to spend less is if you don’t believe you can win.”Tech megacaps have been shelling out more and more money on AI as the race for dominance in the field intensifies. Meta, Amazon, Alphabet and Microsoft intend to spend as much as $320 billion combined on AI technology…
A Tesla vehicle is parked outside of a dealership on July 24, 2025 in Austin, Texas. Brandon Bell | Getty Images Tesla’s going through a bumpy ride.The electric vehicle company on Wednesday reported a second consecutive quarter of declining auto sales. In Europe, Tesla’s market share fell for the sixth straight month to 2.8% in June from 3.4% a year ago.The Trump administration’s plans to reportedly roll back the U.S.’ push for cleaner vehicles will probably hit Tesla further. A $7,500 EV tax credit in the U.S. will expire at the end of September, indirectly raising the cost of Tesla…
The ‘Fast Money’ traders talk what the feud between the White House and Fed means for markets. Source link
From left, linebacker Jack Sawyer, with jersey, President Donald Trump, and head coach Ryan Day attend a ceremony with the 2025 College Football Playoff National Champions Ohio State Buckeyes, on the South Lawn of the White House on Monday, April 14, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty ImagesPresident Donald Trump on Thursday signed an executive order prohibiting “third party, pay-for-play” payments to college athletes, a move the White House is taking to curb “bidding wars” that have roiled college sports in recent years.The order, a fact sheet that was shared in advance with NBC News by a White House…
Some of Europe’s top banks have sounded alarm bells over the strength of the euro and outlined how U.S. tariffs have reshaped the investment landscape in the second quarter. Germany’s largest lender Deutsche Bank on Thursday reported a second-quarter profit beat but noted, across the board, the effects of the relative strength of the euro against the U.S. dollar. Speaking to CNBC’s Annette Weisbach, the lender’s Chief Financial Officer James von Moltke said the currency appreciation is the “big thing that’s kind of flowing through our numbers,” which showed mixed results in Deutsche Bank’s core investment banking subdivision. At BNP…
CNBC’s Julia Boorstin joins ‘Fast Money’ with breaking news on teh Paramout-Skydance merger. Source link
A trader works on the floor at the New York Stock Exchange in New York City, U.S., July 24, 2025. Brendan Mcdermid | ReutersStock futures were relatively unchanged on Thursday after the S&P 500 and Nasdaq Composite reached another record closing high.S&P 500 futures traded up 0.16%, while Nasdaq 100 futures gained 0.12% Futures tied to the Dow Jones Industrial Average rose 78 points, or 0.17%.Thursday marked another positive day for the S&P 500 and Nasdaq, as both indexes scored fresh all-time intraday and closing highs. That marked the broad market index’s 13th record close of 2025, four of which…
