Your Pulse On America: Live And Unfiltered
A New York state appeals court on Thursday threw out a more than $500 million civil business fraud penalty imposed on President Donald Trump and other defendants in connection with a lawsuit by state Attorney General Letitia James. The appeals court said that the penalty, “which directs that defendants pay nearly half a billion dollars…
Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on inflation. Speaking to CNBC from the Fed’s annual symposium in Jackson Hole, Wyo., Schmid pushed back on market pricing that points strongly to the Federal Open Market Committee lowering its key…
The logos of Walmart and Sam’s Club are pictured in Cuautitlan Izcalli, Mexico, January 30, 2025. Raquel Cunha | Reuters Walmart will report quarterly earnings on Thursday, as economists and investors try to gauge how U.S. consumers are responding to President Donald Trump‘s decision to raise tariffs on dozens of countries across the globe. Here’s…
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel is in talks with other large investors to receive an equity infusion at a discounted price, people familiar with the matter told CNBC’s David Faber. Intel stock slid 7% on…
Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board open meeting discussing proposed revisions to the board’s supplementary leverage ratio standards at the Federal Reserve Board building in Washington, DC, on June 25, 2025. Saul Loeb | AFP | Getty Images President Donald Trump on Wednesday…
Coils, coiled copper wires, lie on pallets in the wire plant (coiler) at Aurubis AG. Picture Alliance | Picture Alliance | Getty Images U.S. President Donald Trump has slammed an appeals court decision to temporarily block a land transfer needed by mining giants Rio Tinto and BHP to develop what is slated to become one…
U.S. President Donald Trump walks with North American Flat-Rolled Segment Senior Vice President and Chief Manufacturing Officer Scott Buckiso, Plant manager of Irvin and Fairless Plant Donald German and Mon Valley Works United Steel Corporation Vice President Kurt Barshick, as he visits U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah…
Jakub Porzycki | Nurphoto | Getty Images Satellite internet service Starlink, which is owned and operated by Elon Musk‘s SpaceX, appeared to suffer a brief network outage on Monday, with thousands of reports of service interruptions on Downdetector, a site that logs tech issues. The outage marked the second in two weeks for Starlink. SpaceX did not…
A box of Ozempic made by Novo Nordisk, at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Novo Nordisk on Monday said it now offers cash-paying U.S. patients its blockbuster diabetes treatment Ozempic for less than half its monthly list price, as drugmakers face mounting political pressure to lower prices in…
A train transports oil tankers in Ajmer on July 7, 2025. Indian exporters are scrambling for options as they seek to mitigate the fallout of U.S. President Donald Trump’s threatened tariff salvo against the world’s most populous nation. Himanshu Sharma | Afp | Getty Images U.S. President Donald Trump‘s trade advisor Peter Navarro on Monday…