Author: Daniel snow

Clean energy industry faces major tax hike under Trump bill, trade group says

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Witthaya Prasongsin | Moment | Getty ImagesSenate Republicans are threatening to hike taxes on clean energy projects and abruptly phase out credits that have supported the industry’s expansion in the latest version of President Donald Trump’s big spending bill.The measures, if enacted, would jeopardize hundreds of thousands of construction jobs, hurt the electric grid, and potentially raise electricity prices for consumers, trade groups warn.The Senate GOP released a draft of the massive domestic spending bill over the weekend that imposes a new tax on renewable energy projects if they source components from foreign entities of concern, which basically means China.…

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Trump rips AT&T weeks after Trump Mobile launch

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US President Donald Trump holds an Apple Inc. iPhone during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Friday, May 23, 2025. Samuel Corum | Bloomberg | Getty ImagesPresident Donald Trump criticized AT&T in consecutive Truth Social posts on Monday, writing that the country’s third largest wireless carrier “ought to get its act together.”The president said he was trying to hold a conference call with “faith leaders,” but that “AT&T is totally unable to make their equipment work properly.” “If the Boss of AT&T, whoever that may be, could get involved,…

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Meta shares hit all-time high as Zuckerberg goes on AI hiring blitz

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Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024.Bloomberg | Bloomberg | Getty ImagesMeta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group.The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock market record in February when it began laying off the 5% of its workforce that it deemed “low performers.”Meta CEO Mark Zuckerberg has been on an AI hiring blitz amid fierce competition with rivals such as OpenAI and Google-parent Alphabet. Earlier in June, Meta said it would hire…

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Market lessons from the first half of 2025 — and, stocks that look good going forward

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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves : The S & P 500 and Nasdaq were modestly higher Monday after logging record-high closes on Friday. They are both poised to close out June and the second quarter with strong gains. In the Homestretch of the last trading day of the month, we wanted to reflect on the first six months of the year as a perfect example of why you have to stay invested in the…

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NASA plans to stream rocket launches on Netflix starting this summer

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Workers repaint the NASA logo on the Vehicle Assembly Building at the Kennedy Space Center on May 28, 2020 in Cape Canaveral, Florida.Joe Raedle | Getty ImagesNASA’s live programming, including rocket launches, spacewalks and views of Earth from space, will begin streaming on Netflix this summer.NASA said the move is part of its effort to reach a global audience, according to a press release. The agency noted that the content will remain free and ad-free on the NASA app and website, where it already has live programming.NASA+ launched in 2023 as a way to give the public easier access to…

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