Author: Daniel snow

Tesla CEO Elon Musk looks up as he listens to U.S. President Donald Trump speak to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesTesla CEO Elon Musk on Friday deflected a reporter’s attempt to ask at a White House event about a New York Times article detailing the mega-billionaire’s alleged drug use during President Donald Trump’s campaign last year and legal drama involving the mothers of his multiple children.Musk, who led Trump’s DOGE government cost-cutting initiative, began talking over Fox News reporter Peter Doocy as Doocy asked…

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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. Markets and trade: Stocks dropped Friday but are still on pace for a solid weekly gain. The market broke down around noon ET after Bloomberg reported that the Trump Administration was planning to broaden restrictions on Chinese tech companies. According to the report, the new rule would require U.S. licenses for transactions with subsidiaries of companies on the U.S. sanctions list. It’s too early to know the impact, if any, this could have on U.S. tech…

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