Why Amazon, Facebook, Ford are spending big

Republican presidential nominee, former U.S. President Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Chip Somodevilla | Getty Images Top CEOs and their companies are pledging to donate millions of dollars to President-elect Donald Trump‘s inaugural committee, as … Read more

Trump takes aim at Canada and Prime Minister Justin Trudeau

Trump takes aim at Canada and Prime Minister Justin Trudeau – CBS News Watch CBS News President-elect Donald Trump this week once again issued several taunts directed at America’s largest trading partner, Canada, and Justin Trudeau, its prime minister. Christian Benavides has the latest. Be the first to know Get browser notifications for breaking news, … Read more

House passes funding bill, Senate takes it up next

WASHINGTON — The House of Representatives approved a bipartisan federal spending bill Friday and sent it to the Senate, just hours before a midnight deadline to fund the government. It was unclear Friday whether the Senate could pass the bill before 12:00 a.m. ET, when funding technically lapses. The bill continues funding the federal government … Read more

Tesla shares drop 5%, continuing to slide as post-election rally loses steam

Tesla electric vehicles are parked in a parking lot at the Tesla Gigafactory Berlin-Brandenburg plant.  Patrick Pleul | Picture Alliance | Getty Images Shares of Tesla continued to slide on Friday, in what appeared to be a case of investors taking profits from the electric car maker’s blistering post-U.S. election rally. As of around 6:30 … Read more

Trump joins Elon Musk in opposing House GOP’s government funding bill

Elon Musk (L) shakes hands with Republican presidential nominee, former President Donald Trump back stage during a campaign rally at the Butler Farm Show grounds on October 05, 2024 in Butler, Pennsylvania. Anna Moneymaker | Getty Images President-elect Donald Trump on Wednesday came out against a Republican-backed government spending bill, siding with Elon Musk‘s crusade … Read more

OpenAI emails show Elon Musk wanted for-profit structure in 2017

The logo of OpenAI is shown on a mobile phone in front of a computer screen displaying the photographs of Sam Altman, left, and Elon Musk, March 14, 2024. Muhammed Selim Korkutata | Anadolu | Getty Images OpenAI on Friday clapped back against Elon Musk, one of its co-founders, after the billionaire asked a federal … Read more

Elon Musk says SEC sent ‘settlement demand’ after Twitter deal probe

SEC Chair Gary Gensler participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury in Washington, D.C., July 28, 2023. Kevin Dietsch | etty Images The Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire disclosed in a social media post on Thursday. The post … Read more

Trump rings bell at NYSE to cheers of ‘USA’ as Wall Street CEOs, business leaders look on

President-elect Donald Trump rang the opening bell at the New York Stock Exchange on Thursday after vowing an economic boom to a cheering crowd of traders and business leaders. “We’re with you all the way,” the incoming Republican president said in the NYSE building in lower Manhattan, where he was invited after becoming TIME’s “Person … Read more

Trump says venture capitalist David Sacks will be AI and crypto ‘czar’

Zenefits CEO David Sacks speaks at the TechCrunch Disrupt conference in San Francisco, Calif. Paul Chinn | San Francisco Chronicle | Hearst Newspapers via Getty Images Venture investor and podcaster David Sacks will join the Trump administration as the “White House A.I. & Crypto Czar,” President-elect Donald Trump announced Thursday on Truth Social. Sacks will … Read more

Rally in small caps just starting: VettaFi’s Rosenbluth suggests

Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group’s record highs will help drive investors back into the group. “Small caps are going to become more in favor in 2025,” VettaFi’s Todd Rosenbluth said on CNBC’s “ETF Edge” this week. “They started to perk up … Read more