U.S. Customs and Border Protection in Newark Liberty International Airport. Nicolas Economou/NurPhoto via Getty Images Some European companies are growing wary about sending their employees to the U.S. It comes amid volatile policymaking by the Trump administration, more stringent immigration checks, and an uptick in reports of detentions and deportations. Some businesses CNBC spoke to, … Read more
President Donald Trump speaks to supporters during a rally at the US Steel-Irvin Works on May 30, 2025 in West Mifflin, Pennsylvania. Jeff Swensen | Getty Images The European Union on Saturday criticized President Donald Trump’s move to double tariffs on steel imports, warning that it “undermines” efforts to reach a “negotiated solution” in the … Read more
US Secretary of Defense Pete Hegseth (C) gestures beside Malaysia’s Defence Minister Mohamed Khaled Nordin (R) and other defence officials from the Association of Southeast Asian Nations (ASEAN) during a multilateral meeting ahead of the Shangri-La Dialogue Summit in Singapore on May 30, 2025. Mohd Rasfan | Afp | Getty Images SINGAPORE — Pentagon chief … Read more
SAN FRANCISCO — An appeals court on Friday refused to freeze a California-based judge’s order halting the Trump administration from downsizing the federal workforce, which means that the Department of Government Efficiency-led cuts remain on pause for now. A split three-judge panel of the U.S. 9th Circuit Court of Appeals found that the downsizing could … Read more
Tesla CEO Elon Musk on Friday deflected a reporter’s effort to ask the mega-billionaire about a New York Times article detailing his alleged drug use during President Donald Trump‘s campaign last year and legal drama involving some mothers of his children. Musk, who had led the DOGE government cost-cutting initiative for Trump since January, began … Read more
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Images Shares of the Elon Musk-led automaker Tesla have rallied in May despite recent poor car sales numbers for the company in … Read more
Venezuelan migrants deported from the United States and stranded in Honduras disembark from a Conviasa Airlines plane upon arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 24, 2025. Juan Barreto | Afp | Getty Images The Supreme Court ruled Friday that President Donald Trump can terminate the protected status of around 500,000 … Read more
President Donald Trump on Friday will host a press event to celebrate Elon Musk as the Tesla CEO concludes his official government service after four turbulent months leading the so-called Department of Government Efficiency. Musk’s scheduled departure comes at a precarious moment, both for DOGE and for his relationship with the president. Multiple top staffers … Read more
Chinese President Xi Jinping (L) and U.S. President Donald Trump (R). Fabrice Coffrini | Getty Images President Donald Trump on Friday said that China has “totally violated its” preliminary trade agreement with the United States, and suggested he would take action in response. “So much for being Mr. NICE GUY!” Trump wrote in a social … Read more
The neighborhood once known as Boca Chica Village is seen near the SpaceX facilities where they build rockets in Brownsville, Texas, on May 3, 2025. Gabriel Cardenas | AFP | Getty Images Starbase, Texas, has notified some residents that they might “lose the right to continue using” their property as they do today, according to … Read more