Tag: Donald J. Trump
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CNBC Daily Open: Generic problems, AI valuations and earnings on tap
President Trump takes fresh aim at the pharmaceutical sector, with a plan to levy 100% tariffs on generic drugs as he targets key areas ahead of the midterms.
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Trump’s push for American-made AI chips hits TSMC’s margins
The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing since Trump returned to power in 2025.
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CNBC Daily Open: AI race, potential tariffs and Middle East conflict continue to heat up
The U.S.-China AI race continues to intensify amid signs that the Trump administration could sanction China over “theft,” while OpenAI ramps up IPO efforts.
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Prediction markets and their opponents are spending more to influence Congress in 2026
Kalshi and groups representing the casino and gaming industry and online sports betting apps, all have boosted their lobbying spending in 2026.
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IRS chief Frank Bisignano laughs off JPMorgan spying allegations
Bisignano denied allegations The Wall Street Journal reported that he surveilled his colleagues while working at JPMorgan more than a decade ago.
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Greer hints new Trump tariffs coming on dozens of countries: ‘Expect action soon’
U.S. Trade Representative Jamieson Greer’s comments the Trump administration could impose new tariffs just as other duties are set to expire.
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Intel’s foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips
Fortinet is the first announced corporate customer for Intel’s foundry under CEO Lip-Bu Tan, who took over the chipmaker in March 2025.
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U.S. strikes Iran and Houthis threaten Saudi Arabia shipping as mediators push 10-day ceasefire
The latest cycle of strikes comes amid reports that regional mediators have presented Washington and Tehran with a proposal for a 10-day ceasefire.
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CNBC Daily Open: Can he Healey the British economy?
Britain’s new Prime Minister, Andy Burnham, names former Defense Secretary John Healey as Chancellor of the Exchequer in a suprise move.
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Trump imposing 50% tariffs on certain Canadian goods over alleged trade discrimination
Canada’s relationship with the U.S. has frayed amid Trump’s tariff-heavy agenda and vocal displeasure with the nations’ trilateral trade pact with Mexico.
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