Latest in Trump Orders Creation of U.S. Sovereign Wealth Fund, Says It Could Buy TikTok
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Trump considers four bids to buy TikTok as deadline for deal looms
President Donald Trump is considering four bids to purchase the social media app TikTok. NBC News’ Steve Romo reports on who the potential buyers could be ahead of the pause on TikTok set to expire.NBC News - 3d -
Trump says TikTok deal is in the works. Here's where things stand with the company
In less than a month, TikTok could have one or a few new owners, be banned again, or simply receive another reprieve to continue operating in the U.S. Questions about the fate of the popular app ...ABC News - 2d -
Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.The New York Times - 1d -
PwC and Saudi Arabia’s sovereign wealth fund clash over hiring of executive
‘Friction and angst’ over Neom auditor preceded Public Investment Fund’s ban on Big Four firmFinancial Times - 6d -
Trump's ambassador pick says "Canada is a sovereign state"
"Canada is a sovereign state, yes," Pete Hoekstra said during his confirmation hearing Thursday.CBS News - 11h -
What’s Going on With TikTok Right Now?
Trump says a TikTok deal is in the works. Here’s where things stand with the app.Inc. - 1d -
Trump says US in talks with four groups over TikTok sale: ‘It’s up to me’
President suspended implementation of law ordering app to divest from its Chinese owner ByteDance or face US ban. Donald Trump said on Sunday the United States was in talks with four groups ...The Guardian - 3d -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - 4d -
USAID cuts could be ‘death sentence’ for Afghan women studying abroad
A group of more than 80 Afghan women who fled the Taliban regime to study in Oman say they are at risk of imminent deportation to Afghanistan after their U.S.-funded scholarship was canceled as ...NBC News - 1d -
USDA halts more than $1B in funding for local food banks, schools
The U.S. Department of Agriculture (USDA) says it has nixed more than $1 billion in funding for local food banks and schools by terminating two programs that aid state, tribal and territorial ...The Hill - 2d -
Trump says he's going to buy a Tesla as more Americans say they won't
After one of the worst single day sell-offs in Tesla’s history, President Donald Trump is throwing his support behind his advisor, billionaire Elon Musk, vowing to buy one of his carsABC News - 2d -
Trump’s approach to Ukraine could be 'very worrying' for Russia’s neighbors, former UK PM Cameron says
Former U.K. Prime Minister David Cameron on Thursday said he is fearful that U.S. President Donald Trump's approach to Ukraine could set an alarming precedent.CNBC - 1d -
Rocket-Redfin deal could make home buying more convenient — and more expensive
One of the biggest mortgage lenders in the U.S. said it would pay $1.75 billion to buy a well-known real-estate brokerage. The deal, once it goes through, could have major consequences for millions ...MarketWatch - 17h -
Trump could be a catalyst for a global pro-crypto shift, Binance CEO says
Binance CEO Richard Teng said he expects Trump's "pro-crypto" legislation in the U.S. to spur regulators in other parts of the world to follow suit.CNBC - 22h -
Trump asks Supreme Court to intervene on blocks to his birthright citizenship order
The Trump administration is asking the Supreme Court to significantly narrow nationwide injunctions blocking his order redefining birthright citizenship in the U.S.ABC News - 13h -
U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.CNBC - 20h -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - 15h -
There could be a nearly $1 trillion sale in U.S. stocks, regardless of what Americans do
Foreign investors reallocating money away from the U.S. could fuel a $1 trillion sell order on U.S. equities, a UBS strategist said Friday.MarketWatch - 20m -
Trump's tariffs could push U.S. allies elsewhere — including China and India
U.S. tariffs could push allies to forge closer relationships with other countries like China and India, according to former U.S. diplomat Wendy Cutler.CNBC - 3h -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - 6d -
Wealth managers dump investment trust shares
But retail investors buy into the troubled sectorFinancial Times - 6d -
Trump says he’s buying ‘brand new’ Tesla to support Musk
President Trump said he would be buying a “brand new” Tesla to support his senior adviser Elon Musk, as the stock market shows shares of the electric car company tumbling. “To Republicans, ...The Hill - 2d -
Trump’s ‘chaotic’ policy approach is creating opportunity for investors
There could be “quite a shift in the world order,” says Mike Cudzil, a portfolio manager at Pimco.MarketWatch - 5d -
Second judge orders thousands of probationary employees fired by Trump to be reinstated
U.S. District Judge James Bredar's order applies to 12 departments and several agencies that fired probationary workers during the Trump administration.NBC News - 8h -
U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says
Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."CNBC - 3d -
How Elon Musk's Trump support could hurt — or help — Tesla
Elon Musk is both the CEO of the largest U.S. EV maker and the right-hand-man to President Donald Trump. Bears say it's a disaster for Tesla, bulls say a boon.CNBC - 2d -
Hospitals keep dodging price transparency rules, leading Trump to take action — again
Trump signed an executive order on hospital price transparency. Experts say it could help lower health care costs, if hospitals comply.NBC News - 2d -
Judge blocks parts of Trump executive order targeting law firm Perkins Coie
U.S. District Judge Beryl Howell issued a temporary restraining order that stops three parts of Trump's executive order from being implemented against the law firm Perkins Coie.CBS News - 1d -
TikTok extension expiring soon: Will the app be banned?
It's been seven weeks since Donald Trump assumed the presidency, a role in which he promised to "save TikTok." Will it happen in time?The Hill - 2d -
France and Germany clash over ‘buy EU’ weapons
Berlin says new €150bn funding for defence industry should be open to non-EU partners, but Paris disagreesFinancial Times - 6d -
Trump calls Tesla boycott ‘illegal’ and says he’s buying one to support Musk
Standing in the driveway of the White House with Tesla vehicles, Trump said he would label violence against the company’s showrooms as domestic terrorism. Donald Trump said he is buying a “brand ...The Guardian - 2d -
Some universities are freezing hiring as Trump threatens federal funding
Universities across the U.S. have announced hiring freezes due to the risk of federal funding cuts under President Donald Trump’s administrationABC News - 17h -
Trump Says He’ll Buy a Tesla as More Americans Say They Won’t
Tesla shares tumbled on Monday and have fallen 45 percent this year so far. Part of the reason is Elon Musk’s DOGE work for President Trump.Inc. - 2d -
Greenland's leader says Trump's threats are fueling mistrust of U.S.
Ahead of Greenland's election, its prime minister says Trump's rhetoric makes residents less inclined to accept his offer "to be a part of" the U.S.CBS News - 3d -
USDA cuts funding for school, food bank programs
The U.S. Department of Agriculture is cutting two pandemic-era programs that provide more than $1 billion combined in federal funding for schools and food banks to buy food directly from local ...CBS News - 9h -
Judge temporarily blocks parts of Trump order targeting Perkins Coie
A federal judge on Wednesday temporarily froze parts of President Trump’s executive order targeting the law firm Perkins Coie, which claims its past work for Democrats made it a subject of ...The Hill - 1d -
Rich Rodriguez says he's banned his West Virginia players from dancing on TikTok
"I banned dancing on TikTok. I guess I did that."Yahoo Sports - 2d -
RFK Jr. could further deter childhood vaccinations as rates fall in the U.S.
Some health policy experts say Kennedy's early moves as HHS Secretary are concerning and suggest that he could undermine immunizations in less direct ways.CNBC - 4d -
USDA pauses funding to University of Maine after Trump clash with governor
The U.S. Department of Agriculture (USDA) announced Tuesday it is temporarily pausing funding to the University of Maine System, a move that comes after President Trump and the state’s governor got ...The Hill - 2d -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - 4d