Author: Daniel snow
New home sales jump in April to highest level in three years Source link
Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the US Capitol Visitor Center Auditorium in Washington, DC, on April 30, 2025.Brendan Smialowski | Afp | Getty ImagesPalantir CEO Alex Karp has sold more than $50 million worth of shares in the artificial intelligence software company, according to securities filings.The stock transactions, which occurred on Tuesday and Wednesday between $125.26 and $127.70 per share. Following the stock sales, Karp owned about 6.43 million shares of Palantir stock, worth about $787 million based on Thursday’s closing price. The sales were connected to a series of automatic…
Employees of the Department of Health and Human Services (HHS) hug each other as they queue outside the Mary E. Switzer Memorial Building, after it was reported that the Trump administration fired staff at the Centers for Disease Control and Prevention and at the Food and Drug Administration, as it embarked on its plan to cut 10,000 jobs at HHS, in Washington, D.C., U.S., April 1, 2025. Kevin Lamarque | ReutersA federal judge blocked the Trump administration from sharply cutting jobs and reorganizing the structure of many major federal agencies The order issued late Thursday granted a preliminary injunction that pauses…
Chicago Federal Reserve President Austan Goolsbee said Friday that President Donald Trump’s latest tariff threats have complicated policy and likely put off changes to interest rates.In a CNBC interview, the central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will be on hold as it evaluates the ever-changing trade policy and how it impacts inflation and employment.”Everything’s always on the table. But I feel like the bar for me is a little higher for action in any direction while we’re waiting to get some clarity,” Goolsbee said on “Squawk Box” when…
My top 10 things to watch Friday, May 23 1. President Donald Trump said on social media today that Apple must pay at a 25% tariff on iPhones not made in the United States. Most iPhone manufacturing is out of China. Apple has been moving more and more production to India. The starting price for an iPhone 16 Pro is $1,000. Analysts estimate a U.S.-made iPhone would cost quite a bit more. Apple is the Club stock that I am most concerned about . 2. At the same time, Apple raised iPhone trade-in prices in China so customers could get…
Cooling towers are seen at the nuclear-powered Vogtle Electric Generating Plant in Waynesboro, Georgia, U.S. Aug. 13, 2024. Megan Varner | ReutersNuclear power stocks surged Friday on a report that President Donald Trump will sign executive orders to speed the construction of reactors and secure key materials for the industry.Advanced reactor companies Oklo and NuScale jumped about 8% premarket. Constellation Energy, the largest nuclear operator in the U.S., was up 2%. Cameco Corp., one of the biggest uranium miners in the world, rose more than 4%.Trump could sign the orders as early as Friday, sources familiar with the matter told Reuters.…
President Donald Trump said Apple must pay a 25% tariff if it doesn’t rely on domestic production of iPhones for the U.S. market Source link
FILE PHOTO: People walk on the Business School campus of Harvard University in Cambridge, Massachusetts, U.S., April 15, 2025. Faith Ninivaggi | ReutersHarvard University on Friday filed a lawsuit seeking to reverse the Trump administration’s ban on the private school enrolling international students over its purported tolerance of “anti-American, pro-terrorist agitators” on campus.The suit came a day after the Department of Homeland Security revoked Harvard’s ability to enroll foreign students under the F-1 visa program at the behest of Secretary Kristi Noem. DHS said Harvard was barred from enrolling future international students, and that current foreign students enrolled at the…
“The amount was about what I would have paid to get the whole house done, and not just one side.’ Source link
Monarch co-founders (left to right) Ozzie Osman, Jon Sutherland, Val Agostino.Courtesy: MonarchThe personal finance startup Monarch has raised $75 million to accelerate subscriber growth that took off last year when budgeting tool Mint was shut down, CNBC has learned.The fundraising is among the largest for an American consumer fintech startup this year and values the San Francisco-based company at $850 million, according to co-founder Val Agostino. The Series B round was led by Forerunner Ventures and FPV Ventures.Monarch aims to provide an all-in-one mobile app for tracking spending, investments and money goals. The field was once dominated by Mint, a…