President Donald Trump also said that Larry Ellison and Michael Dell are also likely to be involved in the TikTok…
Category: News – CNBC
Buffett’s Berkshire totally exits its profitable stake in Chinese EV maker bought because of Munger
Berkshire Hathaway has completed exited its extremely profitable equity investment in the Chinese electric vehicle maker BYD. ...
Big Tech companies, foreign governments scramble after Trump slaps $100,000 annual fee on H-1B visas
The announcement to impose a $100,000 annual fee on H-1B visas sent shockwaves through corporate America. ...
The Fed cut its interest rate, but long-term rates — including those on mortgages — went higher
Ten- and 30-year Treasury yields rose this week after the central bank cut its short-term interest rate. ...
Top Amazon reseller Pattern opens at $13.50 in Nasdaq debut after IPO raised $300 million
The Utah-based company ranks No. 2 among the top U.S. sellers on Amazon's third-party marketplace. ...
Walmart’s lax vetting helped fuel a Marketplace boom, but came with fakes and frauds
Walmart’s marketplace is booming, but the strategy poses risks as a CNBC investigation found lax vetting contributed to fraud and…
FCC Chair Carr says ‘we’re not done yet’ after Jimmy Kimmel suspension by ABC
President Trump has praised ABC's suspension of Jimmy Kimmel'show after its host suggested the alleged killer of Charlie Kirk was…
Trump administration asks Supreme Court to allow firing of Fed Governor Lisa Cook
President Donald Trump has cited allegations of mortgage fraud by Federal Reserve Governor Lisa Cook in seeking to remove her.…
Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture
While the rate decision is fairly pretty much in the bag, what happens from there is anybody's guess. ...
Bessent made mortgage claims similar to ones Trump cited to try to fire Fed’s Cook: Report
Bessent has suggested that Fed Governor Lisa Cook should be removed over allegations that she committed mortgage fraud, which she…
Trump’s Fed pressure campaign will lead to higher inflation, weaker growth, according to CNBC survey
The survey found that 41% of respondents surveyed believe that the president's actions are directly aimed at eliminating the Fed's…
OpenAI hires former xAI CFO as Altman-Musk rivalry escalates
OpenAI has hired former xAI finance chief Mike Liberatore as business finance offer, responsible for managing the company's soaring compute…