Tag: Donald J. Trump
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Here are 3 forces that drove a whirlwind week for the stock market
An avalanche of selling on Friday crushed stocks. It was a dramatic reversal from record highs earlier in the week.
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Chinese EVs may hit U.S. within a few years, one way or another
Chinese electric vehicles are likely to be sold in the U.S. within years, despite tariffs, strict laws and opposition from the auto industry and politicians.
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U.S. strikes Iranian sites after Iran launches drones, in latest Gulf flare-up
U.S. Central Command said in a post on X that the U.S. then struck Iran’s surveillance sites in Goruk and Qeshm Island, which are both on the Strait of Hormuz.
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Iran’s threats against this Red Sea chokepoint are a big vulnerability for the oil market
Oil prices would spike if Iran’s Houthi allies started attacking ships passing through the Bab el-Mandeb Strait.
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Trump administration, OpenAI discussing possible government stake in the AI startup
OpenAI CEO Sam Altman first shared the idea with the Trump administration in 2025, according to a source.
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LinkedIn co-founder Reid Hoffman is leaving Microsoft’s board after almost a decade
Reid Hoffman was one of OpenAI’s first donors, and he left its board in 2023 as the nonprofit cozied up with Microsoft.
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U.S. Senate passes $70 billion in new funds for ICE, Border Patrol
Nearly all of the funding would go to DHS’s ICE and Border Patrol agencies that are carrying out the Trump admin’s vigorous deportations throughout the U.S.
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CNBC Daily Open: SpaceX gets a reality check
SpaceX is blocked from early S&P 500 entry, while stocks are under pressure as investors await the May U.S. jobs report.
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