Elon Musk speaks next to President Donald Trump, not pictured, in the Oval Office of the White House in Washington, D.C., Feb. 11, 2025. Kevin Lamarque | Reuters Staffers from Elon Musk’s secretive government slashing effort, DOGE, have pushed the highest-ranking officials at the Department of Education out of their own offices, rearranged the furniture … Read more

An escalating trade conflict between China and the U.S. could hurt Big Tech, thus pressuring the broad S & P 500, according to Piper Sandler. Trump this month signed an order imposing a 10% tariff on goods from China. In turn, China announced retaliatory tariffs of up to 15% on select U.S. imports, including coal … Read more

U.S. Speaker of the House Mike Johnson (R-LA) speaks to reporters outside of the House Chambers in the U.S. Capitol on December 19, 2024 in Washington, DC.  Kevin Dietsch | Getty Images WASHINGTON — House Republicans released a budget resolution Wednesday that calls for cutting taxes by up to $4.5 trillion and sets a goal of … Read more

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin whipsaws after higher-than-expected inflation data for January. Plus, Trump taps Andreessen Horowitz crypto policy head Brian Quintenz to lead the CFTC. And, Nathan Allman of Ondo Finance discusses institutional sentiment toward crypto.

The dominance of a handful of tech stocks in the equity market is likely linked to investors’ massive appetite for cheap index funds, which in turn could be a hidden risk for Wall Street, according to Bank of America. Jared Woodard, investment and ETF strategist at Bank of America, said in a note to clients … Read more

There’s plenty of income to be found these days in the bond market, but longer-dated corporate bonds not only deliver solid yields — they are also a bargain, according to Rick Rieder, BlackRock’s chief investment officer for global fixed income. Rieder recently began adding longer-dated corporates to his iShares Flexible Income Active ETF (BINC), which … Read more

Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White House in Washington, March 11, 2019. Jonathan Ernst | Reuters The Consumer Financial Protection Bureau sent termination notices to several dozen employees late Tuesday, according to people with knowledge of the situation. The affected staff … Read more

Britt Lower and Adam Scott in “Severance,” now streaming on Apple TV+. Source:  Apple TV+ Apple TV+ is now available on Android devices as the iPhone maker on Wednesday released its video streaming service for Google’s mobile computing platform.  It’s unusual for Apple to release Android apps. The company typically focuses on software for its own … Read more

India’s Prime Minister Narendra Modi speaks prior to a meeting with Brunei Sultan Hassanal Bolkiah at Istana Nurul Iman in Bandar Seri Begawan on September 4, 2024. Dean Kassim | Afp | Getty Images Indian Prime Minister Narendra Modi is headed to Washington, D.C., for meetings with President Donald Trump and members of his administration, … Read more

Amazon (AMZN) last hit a new all-time high on Feb. 4. The company reported after the close two days later and that release was ill-received. The stock is now trading lower for the third time in the last four trading sessions. While it’s only been a few days, it’s not what many investors had hoped … Read more