Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other…
Category: Economy
Bluesky CEO Jay Graber says X rival is ‘billionaire proof’
Bluesky CEO Jay Graber told CNBC that the social media app's open design could thwart potential acquisition efforts. ...
SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
President-elect Donald Trump has not announced his pick, but the expectation is that the next chair will be friendlier to…
Trump AG pick Matt Gaetz says he’s withdrawing
Matt Gaetz said he is withdrawing his name from consideration as President-elect Donald Trump's pick for U.S. attorney general. ...
Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones
Qualcomm said on Tuesday that it expects its push into new markets to generate an additional $22 billion per year…
What Trump’s return to the White House could mean for global bond yields
It is thought that Trump's pledge to introduce tax cuts and steep tariffs could boost economic growth — but widen…
U.S. closes embassy in Kyiv over potential ‘significant’ air attack as tensions with Russia soar
The U.S. has closed its embassy in Kyiv, warning that it has "received specific information of a potential significant air…
Euro-dollar parity is back in focus as Trump win sparks trade jitters
The euro last traded at $1 and below in 2022, but fresh developments have put parity back on the agenda.…
Comcast will announce the spinoff of cable networks Wednesday, sources say
Comcast is planning to announce the spinoff of its cable networks, including CNBC, MSNBC and E!, on Wednesday, according to…