Christian Hartmann | Reuters Democratic legislators mostly in blue states are attempting to fight back against President Donald Trump’s efforts to withhold funding from their states with bills that aim to give the federal government a taste of its own medicine. The novel and untested approach — so far introduced in Connecticut, Maryland, New York and Wisconsin — would essentially allow states…
A sign sits in front of a McDonald’s restaurant on May 13, 2025 in Chicago, Illinois. Scott Olson | Getty Images The S&P 500 rose to a fresh record on Friday, but macro uncertainties persist. Investors may want to consider dividend-paying stocks as a way to enhance returns in the event of choppy markets. Tracking…
China essentially banned cryptocurrencies years ago. Now that pent-up demand is finding an outlet in Hong Kong markets as local regulators eye the potential of stablecoins. Hong Kong-traded shares of Guotai Junan International nearly tripled in price Wednesday after becoming the first mainland Chinese-backed securities brokerage to obtain a license for virtual currency trading in…
U.S. President Donald Trump welcomes Israeli Prime Minister Benjamin Netanyahu at the entrance of the White House in Washington, D.C., U.S., April 7, 2025. Leah Millis | Reuters U.S. President Donald Trump on Saturday lashed out at prosecutors in Israel over the corruption trial that Israeli Prime Minister Benjamin Netanyahu has faced, saying Washington, having…
France views Eutelsat as a strategic asset in the EU’s push for technological sovereignty. Benoit Tessier | AFP via Getty Images For years, France’s Eutelsat has been trying to build a European alternative to Elon Musk’s Starlink satellite broadband service. The company merged with British satellite venture OneWeb in 2023, consolidating the region’s satellite communications…
“Politics isn’t wagging the tail – it’s shaking the entire dog.” These strong words from one wealth manager to CNBC last week capture a hectic first half of trading. They also set the stage for an uncertain second half, where “geoeconomics” looks set to remain a dominant market force. This week, expect attention to…
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans’ weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | Reuters The Senate on Saturday cleared a key procedural hurdle to advance President Donald Trump’s “big, beautiful bill,” bringing the massive spending…
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans’ weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | Reuters After weeks of sparring over the specifics of the “one big, beautiful bill,” the package is poised to soon head to…
U.S. President Donald Trump speaks during a meeting with Democratic Republic of the Congo’s Foreign Minister Therese Kayikwamba Wagner and Rwanda’s Foreign Minister Olivier Nduhungirehe in the Oval Office at the White House in Washington D.C., June 27, 2025. Ken Cedeno | Reuters A federal judge on Friday dealt another blow to President Donald Trump’s…
A Tesla logo outside the company’s Tilburg Factory and Delivery Center. Karol Serewis | Getty Images Tesla CEO Elon Musk said the automaker completed its first driverless delivery of a new car to a customer, routing a Model Y SUV from the company’s Austin, Texas, Gigafactory to an apartment building in the area on June…
