President Donald Trump has begun scaling back equal-opportunity programmes through two executive orders on his first day in the White House. Through these, he has also rescinded the 60-year-old executive order which originally implemented equality and diversity programmes in the United States. Here is more about how Trump is scrapping federal diversity, equity and inclusion … Read more
It is crucial that Germany embarks on a period of economic growth, the country’s finance minister Jörg Kukies told CNBC on Thursday, adding that structural weaknesses must be addressed. “We’ve just gotten revised down growth forecasts for the IMF again,” Kukies told CNBC’s Karen Tso and Steve Sedgwick at the World Economic forum in Davos. “The structural … Read more
New US Secretary of State Marco Rubio criticised China’s ‘dangerous’ actions towards the Philippines in the South China Sea. New United States Secretary of State Marco Rubio assured Manila of Washington’s “ironclad” commitment to defending the Philippines in the face of Chinese provocation in the South China Sea, during his first call with Philippines Foreign … Read more
US President Donald Trump has announced a private sector investment to fund infrastructure for artificial intelligence, with the goal of outpacing rival nations in the business-critical technology. Calling it the largest AI infrastructure project in history “by far”, Trump said the joint venture called Stargate will build data centres and create more than 100,000 jobs in … Read more
President Donald Trump’s pick to be the United States ambassador to the United Nations has become the latest administration nominee to express the belief that Israel has “biblical” dominion over the occupied West Bank. Elise Stefanik’s comment on Tuesday came during her confirmation hearing before the Senate Foreign Relations Committee, where she also pledged to … Read more
Washington , DC – January 20: President Donald Trump signs a series of executive orders at the White House on January 20, 2025, in Washington, DC. (Photo by Jabin Botsford /The Washington Post via Getty Images) Jabin Botsford | The Washington Post | Getty Images President Donald Trump has launched a sweeping offensive on energy … Read more
LONDON — European stocks are expected to open slightly higher Tuesday as traders digest the first executive orders that newly inaugurated U.S. President Donald Trump signed on Monday. The U.K.’s FTSE index is seen opening 10 points higher at 8,531, Germany’s DAX up 4 points at 21,004, France’s CAC 40 7 points higher at 7,740 and … Read more
U.S. President Donald Trump during a rally at Capital One Arena ahead of the 60th presidential inauguration in Washington, DC, US, on Sunday, Jan. 19, 2025. Al Drago | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more
Donald Trump has held off on tariffs during his first day as the president of the United States and is placing a big bet that his executive actions can cut energy prices and tame inflation. But it’s unclear whether his orders will be enough to move the US economy as he promises. As a candidate, … Read more
U.S. President-elect Donald Trump and his wife Melania Trump look on as they meet with U.S. President Joe Biden and first lady Jill Biden on inauguration day of Donald Trump’s second presidential term in Washington, U.S. January 20, 2025. Carlos Barria | Reuters U.S. stock market futures rose as Donald Trump was sworn in a … Read more