President Trump is under increasing pressure to have the Justice Department release files about the late pedophile Jeffrey Epstein. ...
Category: News – CNBC
Microsoft stops relying on Chinese engineers for Pentagon cloud support
The change follows a ProPublica report that outlined how Microsoft's use of Chinese engineers left U.S. defense clients vulnerable to…
Chevron defeats Exxon in dispute over Guyana oil assets, clearing path for Hess acquisition
Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation's offshore oil assets in the South American nation…
How the EU is preparing to reach a tariff deal in Trump’s game of chicken
The European Union is pushing to secure a trade deal with the U.S. ahead of President Donald Trump's Aug. 1…
PepsiCo earnings beat estimates even as U.S. demand falls
PepsiCo reiterated its full-year outlook after its quarterly earnings and revenue topped estimates. ...
Crypto regulation bills move forward after record-setting House vote
The second attempt to advance a pair of crypto bills came after President Donald Trump intervened Tuesday evening to get…
Bank of America puts up mixed results as net interest income misses analysts’ expectations
Bank of America put out a mixed quarter, exceeding on EPS and missing on revenue and one of its main…
ASML shares drop 6.5% after the chip giant says it can’t confirm that it will grow in 2026
ASML reported second-quarter earnings that beat estimates with the its key net bookings figure ahead of consensus. ...
JPMorgan Chase tops estimates on stronger-than-expected trading, investment banking
JPMorgan Chase will give investors a view into how U.S. consumers and corporations fared in the second quarter. ...
Google to invest $25 billion in data centers and AI infrastructure across largest U.S. electric grid
Google will also spend more than $3 billion to modernize two hydropower plants in Pennsylvania to help meet growing demand…
Musk says he does not support a merger between Tesla and xAI but backs investment
Elon Musk owns X, xAI and Tesla and is contemplating the future business relationship between them all. ...
Trump announces 30% tariffs on EU and Mexico, starting Aug. 1
President Donald Trump has sent similar letters to 23 other U.S. trading partners this week, including Canada, Japan and Brazil.…