Elon Musk has promised to donate to Rep. Thomas Massie’s re-election campaign as the Kentucky Republican faces down the wrath of Donald Trump. The world’s richest man responded with a simple “Me” on X after a user asked who else would support Massie’s 2026 re-election bid, as Musk’s feud with the president enters proxy war…
Construction work on solar power arrays continues at rPlus Energies’ Green River Energy Center in Emery, Utah, U.S. June 11, 2025. Jim Urquhart | Reuters Clean energy stocks fell Monday as President Donald Trump‘s spending legislation now includes a tax on wind and solar projects using Chinese components and abruptly phases out key credits. Shares…
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…
A newspaper owned by tycoon Rupert Murdoch has warned Donald Trump that publicly humiliating one of his own senators might end up crippling his presidency. Tempers flared over the weekend as the president tore into three GOP veterans—Sen. Rand Paul and Rep. Thomas Massie, both of Kentucky, and Sen. Thom Tillis of North Carolina—for daring…
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans’ weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | Reuters President Donald Trump’s “big, beautiful bill” cleared a key procedural hurdle in the U.S. Senate late Saturday night, pushing the massive…
President Donald Trump skipped the funeral of slain Minnesota lawmaker Melissa Hortman and her husband, Mark. Among the hundreds in attendance at the service were former President Joe Biden and former Vice President Kamala Harris, who paid their respects to the couple slain in what authorities say was a plot targeting Democrats. Former President Joe…
It was another exciting week on Wall Street as the S & P 500 and Nasdaq each closed Friday at new record highs. Incredible as that was, this week could have easily gone another way. Last Saturday, the world learned that the U.S. had entered the Israel-Iran conflict, dropping several massive bunker busters on Fordo, Iran’s…
Elon Musk, chief executive officer of Tesla Inc., center left, Ying Yong, mayor of Shanghai, center right, and Omead Afshar, left, leave an event at the site of the company’s manufacturing facility in Shanghai, China, on Monday, Jan. 7, 2019. Qilai Shen | Bloomberg | Getty Images Tesla CEO Elon Musk has fired Omead Afshar,…
U.S. Capitol Police arrest protesting members of American Disabled for Attendant Programs Today (ADAPT) in the atrium of the Hart Senate Office Building on Tuesday, June 24, 2025. The protesters chanted “no cuts to medicaid” while being arrested. Bill Clark | Cq-roll Call, Inc. | Getty Images U.S. Capitol Police arrested more than 30 protesters…
In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments. The move, signed by FHFA Director William J. Pulte on Wednesday, signals a new era of crypto…