The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown…
Category: News – CNBC
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income…
Amazon surpasses Walmart in revenue for the first time
Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion. ...
Palantir shares plunge on news of Pentagon budget cuts order
The Trump administration is engaged in a wide-ranging effort to slash government spending, and reduce the number of federal workers.…
Fed officials are worried about tariffs’ impact on inflation and see rate cuts on hold, minutes show
The Federal Reserve on Wednesday released minutes from its January meeting. ...
U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low
Sales expectations in the next six months took a major hit in the National Association of Home Builders' Housing Market…
From tariffs to DOGE, what companies are saying about the impact of MAGA policies
See how companies are responding to the major themes of Trump's campaign and early days in office. ...
In national DEI dismantle, corporate charity efforts could be next
Companies are scaling back or abandoning DEI goals related to hiring and suppliers. Corporate charities are not safe from Trump…
U.S. and Ukraine could still secure minerals deal that is ‘positive’ for both sides, officials say
U.S. President Donald Trump's hopes of securing 50% ownership rights to Ukraine's rare earth minerals hit a wall Saturday after…
Unemployment spikes in Washington, D.C., as Trump and Musk begin efforts to shrink the government
Since Trump has taken office, nearly 4,000 workers have filed for unemployment insurance as part of a surge that began…
Stock pickers are on a record run with investors. Don’t be fooled, says index fund guru
What's in store for the next chapter of passive vs. active investing, according to Charley Ellis, the indexer who wrote…
Zuckerberg’s rightward policy shift puts Meta staffers on edge, targets Apple
Meta CEO Mark Zuckerberg's actions to curry favor with the president have rattled employees, but people familiar with his efforts…