Author: franperez66q@protonmail.com

US President Donald Trump speaks during an announcement in the Oval Office of the White House in Washington, DC, US, on Thursday, May 21, 2026. Al Drago | Bloomberg | Getty ImagesPresident Donald Trump on Friday defended the controversial new Department of Justice “Anti-Weaponization Fund,” saying, “I gave up a lot of money” in allowing it to be created.Trump’s comments on social media came a day after the fund received strong pushback from Senate Republicans, and some lawmakers promoted legislation that would ban taxpayer money from being used for the $1.8 billion payout pool.Acting Attorney General Todd Blanche, who is…

U.S. treasury bonds typically occupy a special place in an investor’s portfolio — the asset class against which all other market risk is measured. But a surge in long-dated yields is forcing investors to rethink this assumption. The yield on the 10-year treasury recently surged to a level it had not seen in over a year, while the 30-year treasury yield this week hit a level it has not seen since 2007 — right before the financial crisis. The moves are being driven by geopolitical conflict and an oil price shock that have rekindled inflation and resulted in a growing…

Wall St rises, Dow hits record high with U.S.-Iran talks in focus Source link

Nvidia’s earnings on Wednesday capped off another big earnings season for the tech sector. The chip giant reported another blockbuster quarter, with revenue surging 85% to $82 billion. It also unveiled an $80 billion share buyback program and raised its dividend. Investors, as is becoming customary immediately after Nvidia’s booming earnings, weren’t impressed, with shares sliding after earnings for the fourth time in a row.I sat down with CNBC’s Arjun Kharpal to get his take on the highlights. Kai: What do the earnings say about Nvidia’s relationship with China?Arjun: Nvidia CEO Jensen Huang sounded pretty defeated on China in an interview with…

In March’s Spring Statement, the government’s independent forecaster, the Office for Budget Responsibility (OBR), forecast that the headroom Chancellor Rachel Reeves had against her rule not to borrow to fund day-to-day spending in five years’ time was £23.6bn. However, the OBR’s forecast was made before the Iran war began. Source link

The AvalonBay Communities Inc. Park Loggia condominium, center, is reflected in a building in New York, U.S.Mark Abramson | Bloomberg | Getty ImagesThe biggest ever merger of real estate investment trusts — the combination of Equity Residential and AvalonBay, announced Thursday — has investors and analysts alike left with dropped jaws. The all-stock merger will have a market capitalization of about $52 billion and a total enterprise value of approximately $69 billion, according to a release. It will create one of the largest real estate companies in the U.S., with more than 180,000 rental apartments. “This combination creates a new and fundamentally…

China holds roundtable with over 50 foreign pharmaceutical firms Source link

Likewise, Jan Carney, president of the American College of Physicians, said the group was “alarmed” while blasting the firing of the two doctors from the task force. “Both physicians are highly qualified experts, and we take issue with the lack of transparency in any review that Secretary Kennedy has conducted of members of the task force,” Carney said. “The firings come as the task force has not met over the course of the past year and has been prevented from doing their work to ensure that the American public has up-to-date guidance, based on the best-available evidence, about preventive health…

Rep. James Comer, R-Ky., chair of the House Oversight and Government Reform Committee, announced Friday on CNBC’s “Squawk Box” that he is seeking information from the CEOs of Kalshi and Polymarket on their efforts to prevent insider trading on their platforms.Comer’s probe is the latest in a series of congressional attempts to rein-in the platforms.”Internal records held by prediction market platforms are the only means by which bad actors can be identified and to determine whether platforms are meeting their legal obligations,” Comer wrote in a letter sent Friday to Polymarket CEO Shayne Coplan and seen by CNBC. A similar…

Stellantis CEO Antonio Filosa listens as U.S. President Donald Trump announces new fuel economy standards, in the Oval Office at the White House in Washington, D.C., U.S., December 3, 2025. Brian Snyder | ReutersAUBURN HILLS, Mich. — Stellantis CEO Antonio Filosa said he believes there’s opportunity to expand the automaker’s partnerships in North America to fill plants and increase sales — and potentially to produce Chinese-branded vehicles outside of the U.S.Filosa on Thursday said the company “for sure” sees opportunity in expanding its production and sale of vehicles with Chinese automaker Zhejiang Leapmotor Technology Co. to Mexico as well as…