Portrait of American financier Jeffrey Epstein, left, and Donald Trump as they pose together at the Mar-a-Lago estate in Palm Beach, Florida, in 1997.Davidoff Studios Photography | Archive Photos | Getty ImagesPresident Donald Trump has directed Attorney General Pam Bondi to “produce any and all pertinent Grand Jury testimony” in the Jeffrey Epstein case — but it’s unclear what’s in that material, or whether a judge will even allow it to be released.The Justice Department filed the motion in federal court in New York late Friday afternoon, calling on a judge to “release the associated grand jury transcripts” of cases having to…
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U.S. President Donald Trump speaks before signing the “Genius Act”, which will develop regulatory framework for stablecoin cryptocurrencies and expand oversight of the industry, at the White House in Washington, D.C., U.S., July 18, 2025. Nathan Howard | ReutersPresident Donald Trump said Saturday that even if the courts release the grand jury transcripts in the criminal cases of notorious sex offender Jeffrey Epstein and his convicted procurer of young girls, Ghislaine Maxwell, “nothing will be good enough for the troublemakers and radical left lunatics.””It will always be more, more, more. MAGA!” Trump wrote on Truth Social.Trump’s post comes one day after…
Billionaires tend to give one bad piece of career advice, according to self-made millionaire and bestselling author Scott Galloway: Follow your passion.”The worst advice the billionaires give is ‘follow your passion,'” Galloway, a serial entrepreneur and New York University marketing professor, told LinkedIn’s “The Path” video series in an episode that published on June 3. “Anyone who tells you to follow your passion is already rich.”Born in Los Angeles to a single mother, Galloway said that his family’s income never exceeded $40,000 during his childhood, and that he thought his passion for athletics would bring him financial freedom. After discovering…
U.S. Federal Reserve Chair, Jerome Powell and U.S. President Donald Trump. Annabelle Gordon | Kevin Lamarque | ReutersIf President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would almost certainly set off a courtroom battle that legal and policy experts say is bound to get messy, with uncertain impacts on the central bank, financial markets and the economy.The tempestuous situation poses a myriad of thorny questions for which there are no easy answers considering no president ever has tried to unseat a Fed chair.Among them:Does Trump have the authority to remove Powell? The answer is almost certainly…
Some stocks that have seen meaningful gains in recent days could be set to change course, a technical indicator shows. The S & P 500 ended Friday little changed , weighed down by trade policy concerns among investors after President Donald Trump reportedly called for more tariffs on the European Union. However, the broad market index posted a weekly gain of 0.6% as optimistic economic data and the latest slew of earnings results from names like Goldman Sachs and PepsiCo pushed the benchmark into the green for the period. CNBC Pro used its stock screener tool to identify the most…
What would it take for you to feel financially comfortable?For most of the people who work with Joy Slabaugh, a certified financial planner, licensed therapist and founder of Wealth Alignment Institute, the answer is the same.”It’s always a little bit more than what they have,” she says. “Regardless of how much money they have, it’s just a little bit more.”On average, Americans say they’d need a net worth of $839,000 to feel financially comfortable, according to a recent survey from Charles Schwab. Members of Gen Z say they’d be comfortable with less — just $329,000, on average.You may be wondering…
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesCompany: Global Payments Inc (GPN)Business: Global Payments is a payments technology company delivering software and services to its customers globally. Through its Merchant Solutions segment, it provides payments technology and software solutions globally to small-and-medium sized businesses and select mid-market and enterprise customers. It offers authorization, settlement and funding services, customer support, chargeback resolution, reconciliation and dispute management services, terminal rental, sales and deployment, payment security services, consolidated billing and reporting. It offers an array of business management software solutions that streamline business operations to customers in numerous vertical markets. Through…
A few companies that are reporting quarterly results next week could see their shares rise, including General Motors and Charter Communications . Earnings season ramps up next week, as 98 companies in the S & P 500 — or around 20% of the benchmark — are slated to share their most recent quarterly earnings. Telecom and defense names are set to report, while the week’s headliners will include big names like Tesla , Alphabet and General Motors . With this in mind, CNBC Pro screened data from FactSet to find the S & P 500 companies reporting earnings next week…
There’s a slew of stocks with more room to run ahead of earnings, according to Morgan Stanley. The firm’s analysts believe stocks such as AT & T are must-owns as the quarterly reporting season continues, they said. Other overweight-rated names include: Yum China, Starbucks , O’Reilly Automotive and Clearwater Analytics. Yum China Buy the dip in shares of the owner of Pizza Hut and KFC in China, the bank said. “We expect improvement in sales and continue to favor its solid business model and return visibility” analyst Lillian Lou wrote ahead of earnings in early August. The firm reiterated the…
The headquarters of the United States Environmental Protection Agency (EPA) in Washington, D.C., U.S., Feb. 18, 2025. Kent Nishimura | ReutersThe Environmental Protection Agency announced on Friday that it is eliminating its research and development arm and reducing agency staff by thousands of employees.The agency’s Office of Research and Development has long provided the scientific underpinnings for EPA’s mission to protect the environment and human health. The EPA said in May that it would shift its scientific expertise and research efforts to program offices that focus on significant issues, such as air and water.The agency said Friday it is creating a…
