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Tag: CNBC

US President Donald Trump (R) shakes hands with European Commission President Ursula von der Leyen (L) during a meeting, in Turnberry south west Scotland, on July 27, 2025, on the third day of his visit to the country, since his second tenure as President began. Trump has said he sees a 50-50 chance of reaching a deal with the European Union, having vowed to hit dozens of countries with punitive tariffs unless they hammer out a pact with Washington by August 1, 2025. (Photo by Brendan SMIALOWSKI / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)

Trump to Meet EU’s von der Leyen to secure trade deal

European Commission President Ursula von der Leyen is scheduled to meet with President Donald Trump on Sunday in an attempt to secure a trade deal for the European Union before a 30% blanket tariff on EU imports takes effect.

Read More Trump to Meet EU’s von der Leyen to secure trade deal
The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly/File Photo

US SEC would set up guardrails for private investments in retirement plans, chairman says

Private firms do not have the same level of required disclosures as public companies and are prone to valuation issues.

Read More US SEC would set up guardrails for private investments in retirement plans, chairman says
Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Chevron closes Hess acquisition after winning Exxon legal battle

Chevron closed its $55 billion acquisition of Hess after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.

Read More Chevron closes Hess acquisition after winning Exxon legal battle
WASHINGTON, DC - APRIL 02: U.S. President Donald Trump holds up a chart of "reciprocal tariffs" while speaking during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC. Touting the event as “Liberation Day”, Trump is expected to announce additional tariffs targeting goods imported to the U.S. (Photo by Chip Somodevilla/Getty Images)

Trump says China violated trade truce

President Donald Trump on Friday accused China of blatantly violating a temporary agreement with the U.S. to reduce tariffs during ongoing trade negotiations.

Read More Trump says China violated trade truce
Steam rises out of the nuclear plant on Three Mile Island, with the operational plant run by Exelon Generation, in Middletown, Pennsylvania on March 26, 2019. - Forty years after the partial meltdown at the Three Mile Island nuclear plant, John Garver can still recall the smell and a metallic taste in his mouth."It's time to shut it down," said Garver, a former salesman who was 40 years old when the accident occurred on March 28, 1979 and is now pushing 80."I was against it from the beginning," said Garver, who is retired but works part-time at the Middletown boat club on the banks of the Susquehanna River."I'm against it now and I was hoping in my lifetime that it will close down," he added, gazing from beneath a worn red fisherman's cap at the giant cooling towers spitting out vapor into a cloudless sky."Maybe I'll get my wish."He just might. (Photo by Andrew CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

Trump signs executive orders unleashing ‘American nuclear renaissance’

President Donald Trump signed four executive orders on Friday, creating a pathway for the Department of Energy (DoE) to ease regulations and build nuclear reactors.

Read More Trump signs executive orders unleashing ‘American nuclear renaissance’
This photograph shows a view of Microsoft's logo on the company's French headquarters in Issy-les-Moulineaux on the outskirts of Paris on January 6, 2025. (Photo by Martin LELIEVRE / AFP) (Photo by MARTIN LELIEVRE/AFP via Getty Images)

Microsoft to lay off around 3% of workforce in organization-wide cuts

Microsoft said it was laying off around 6,000 employees as they look to rein in costs while funneling billions of dollars into its ambitious bet on AI.

Read More Microsoft to lay off around 3% of workforce in organization-wide cuts

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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