Musk, Ramaswamy to discuss DOGE with GOP leaders on Capitol Hill Dec. 5

Shares of drone maker Unusual Machines soar after Donald Trump Jr. joins advisory board

Donald Trump Jr., the son of President-elect Donald Trump, said "the need for drones is obvious" as he joined the advisory board of Unusual Machines.

Business - CNBC - Yesterday

Chinese yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast

Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, the weakest level on record.

Business - CNBC - 17 hours ago

Apple, Trump and a booming budget surplus: Ireland has much to mull over as voters head to the polls

A budget surplus and concerns over U.S. President-elect Donald Trump's upcoming tax policies are some of the economic questions facing Ireland.

Business - CNBC - 7 hours ago

Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs

ASML and Tokyo Electron shares rose after a report that the U.S. is considering sanctions on China's chip industry that stop short of earlier proposals.

Business - CNBC - Yesterday

Trump's tariff threats have rattled Europe's auto giants — but Ferrari appears remarkably unfazed

Ferrari is thought to be a special case among Europe's automobile sector even as many car giants come under pressure from the threat of U.S. tariffs.

Business - CNBC - Yesterday

Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene

The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after Russia invaded Ukraine.

Business - CNBC - Yesterday

France's political chaos drives borrowing costs to the same level as Greece's for the first time

France's brewing political crisis is spilling into financial markets with French borrowing costs hitting the same level as debt-ridden Greece's for the first time.

Business - CNBC - Yesterday

These economists say artificial intelligence can narrow U.S. deficits by improving health care

Economists at the Brookings Institution estimate AI could reduce the U.S. budget deficit some $900 billion by 2044.

Business - CNBC - Yesterday

Lebanon had 'no say in the decision to go to war,' foreign minister says

Both Israel and Hezbollah have accused each other of breaching the cease-fire agreement less than 48 hours after it was agreed.

Business - CNBC - 23 hours ago

36-year-old quit 6-figure Wall Street job—now he earns $1,000 an hour working from home as a tutor: 'More fulfilling than I ever could have imagined'

In 2014, Steve Menking quit his job as an equities trader on Wall Street to become a tutor: "I felt called to teach." In 2023, he earned over $500,000.

Business - CNBC - Yesterday

CNBC's Inside India newsletter: The causes and costs of India's brain drain

India's brain drain is not unique to the country. It is a perennial issue in emerging or developing markets, given their growing class of educated and aspirational millennials.

Business - CNBC - 23 hours ago

To keep cranberries on your Thanksgiving table, scientists use AI to 'scale up and be more efficient'—it offers 'huge time savings'

Cranberries are a Thanksgiving staple in many U.S. households — and scientists hope AI can help keep crops abundant and affordable, despite climate change.

Business - CNBC - Yesterday

Glassdoor CEO: I refuse to work late or on weekends in front of my kids—I'd rather go back to my office

Glassdoor CEO Christian Sutherland-Wong tries not to answer work emails or text messages around his kids. That's a smart practice, researchers say.

Business - CNBC - Yesterday

South Korea's largest K-pop agency loses $423 million in value as girl group NewJeans set to part ways

The group claimed that there was a breach of contract by their label ADOR, which is a sublabel of K-pop powerhouse Hybe.

Business - CNBC - 12 hours ago

Barclays prefers Germany over France as it sends 'bond vigilante' warning

French borrowing costs drew level with Greece's for the first time on record this week, showing the extent of market concerns.

Business - CNBC - 7 hours ago

Buy Big Tech firms with exposure to emerging markets, says veteran investor Mark Mobius

Veteran emerging markets investor Mark Mobius believes U.S. tech firms geared toward Asia are set to "do well" in 2025.

Business - CNBC - 7 hours ago

India's quarterly growth slumps to a near two-year low, well below expectations

The Reserve Bank of India had forecast an expansion of 7% for the period.

Business - CNBC - 4 hours ago

Trump voters could fuel holiday spending, while Harris supporters may pull back

President-elect Donald Trump's supporters feel better about the economy's prospects now that he's in office, which means they'll likely spend more this holiday.

Business - CNBC - 1 hour ago

As retailers enter the holiday shopping season, the winners are pulling away from the pack

Retailers' earnings reports show a sharp divide between brands that are winning sales and those that are missing out.

Business - CNBC - 3 hours ago

College Football Playoff expansion boosts advertising, viewership at Disney

Disney's TV networks, including ABC and ESPN, are reaping the benefits of the expanded College Football Playoff format this season.

Business - CNBC - 1 hour ago

Swiss wealth manager Lombard Odier indicted on money laundering charges

Lombard Odier — one of Switzerland's oldest private banks — has been indicted by Swiss prosecutors on charges of aggravated money laundering.

Business - CNBC - 1 hour ago

Bitcoin heads for nearly 40% November gain as it edges closer to $100,000

Bitcoin is tracking for its best month since February after Trump's reelection catapulted the flagship cryptocurrency to new records in November.

Business - CNBC - 12 minutes ago

You're 'wired' to overspend during the holidays, expert says — here's what to do about it

Consumers are hardwired to think more of short-term gratification than long-term goals.

Business - CNBC - 10 minutes ago

'Moana 2'-led Thanksgiving box office could be best in post-pandemic era

The trifecta of "Moana 2," "Wicked" and "Gladiator II" could make this year's Thanksgiving box office the best in years.

Business - CNBC - 2 days ago

Johnson to host Musk, Ramaswamy at Capitol ahead of DOGE work

House Speaker Mike Johnson (R-La.) will host Elon Musk and Vivek Ramaswamy, the co-leads of the newly established "Department of Government Efficiency" (DOGE), at the Capitol on Dec. 5, he ...

Politics - The Hill - Yesterday

What is DOGE, the new department Musk and Ramaswamy will lead under the Trump administration?

Elon Musk and Vivek Ramaswamy will join forces to lead a newly formed Department of Government Efficiency (or DOGE, for short), President-elect Donald Trump announced. But what will the department do?

Politics - The Hill - November 13

What to know about Trump's DOGE, led by Musk and Ramaswamy

Billionaires Elon Musk and Vivek Ramaswamy will head an effort, dubbed DOGE, to reduce wasteful federal spending. Here's what it's about.

How likely are major cuts from Trump, Musk and Ramaswamy's "DOGE"

President-elect Donald Trump's Department of Government Efficiency, headed by Elon Musk and Vivek Ramaswamy, has vowed to cut $2 trillion in government spending. CBS News MoneyWatch correspondent ...

Greene to chair ‘DOGE’ House subcommittee in conjunction with Musk, Ramaswamy

Rep. Marjorie Taylor Greene (R-Ga.) will chair a new subcommittee within the House Oversight and Accountability Committee, called the Delivering on Government Efficiency (DOGE) Subcommittee, ...

Politics - The Hill - November 22

Musk, Ramaswamy ‘DOGE’ confidence in Supreme Court may be tested

Elon Musk and Vivek Ramaswamy are leaning on the conservative Supreme Court to support their ambitious plans to slash federal regulations and increase government efficiency. Tapped by ...

Politics - The Hill - 6 days ago

Musk backs Scott as Senate GOP leader

Tech billionaire Elon Musk, an ally of President-elect Trump, publicly backed Sen. Rick Scott (R-Fla.) in the race for Senate GOP leader. “Rick Scott for Set Majority Leader!” Musk posted Sunday to ...

Politics - The Hill - November 11

Rep. Marjorie Taylor Greene tapped to work with Elon Musk and Vivek Ramaswamy as new DOGE subcommittee chair

Greene's group will share the DOGE acronym with the entity commissioned by President-elect Donald Trump and led by billionaires Elon Musk and Vivek Ramaswamy.

Business - CNBC - November 21

Marjorie Taylor Greene to Lead ‘DOGE’ Panel and Work With Elon Musk and Vivek Ramaswamy

The rise of the Republican representative from Georgia signals the ascendancy of the MAGA wing of the G.O.P. in Congress.

Top stories - The New York Times - November 22

Mulvaney calls DOGE a 'PR campaign,' but respects Musk, Ramaswamy's attempt to reform government

Former White House chief of staff Mick Mulvaney called the inaugural Department of Government Efficiency (DOGE) a “PR campaign,” in a Monday interview, but said he respects the efforts by its ...

Politics - The Hill - 3 days ago

Collins on Gaetz confirmation, Kennedy on meetings in Capitol Hill

Lawmakers on Capitol Hill are meeting with former Florida Rep. Matt Gaetz, President-elect Donald Trump's choice for attorney general. Maine Sen. Susan Collins weighed in on his potential vetting ...

Gaetz, Vance arrive at Capitol to meet with GOP senators

Former Rep. Matt Gaetz (R-Fla.) and Vice President-elect JD Vance arrived at the Capitol on Wednesday morning to meet with Republican senators who could make or break Gaetz’s nomination to serve as ...

Politics - The Hill - November 20

Ramaswamy threatens DOGE review of Biden’s microchip funding spree

Politics - Politico - 2 days ago

Triumphant Republicans Grapple With Trump’s Influence as They Return to Capitol

The president-elect is to visit Capitol Hill on Wednesday as Republican senators elect a majority leader. His staffing decisions are already depleting the narrow majority the G.O.P. expects in the ...

Top stories - The New York Times - November 12

Morning Report — Trump heads to Capitol Hill, White House

In today’s issue: President-elect Trump is in Washington today, meeting with Hill Republicans before heading to the White House for a sit-down with President Biden. The appointment on Pennsylvania ...

Politics - The Hill - November 13

Musk, Ramaswamy to discuss DOGE with GOP leaders on Capitol Hill Dec. 5

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