Economy

The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy Siegel, finance professor at the Wharton School of the University of Pennsylvania. “President-elect Trump is the most pro-stock market president we have had in our history,” Siegel said Monday on CNBC’s “Squawk […]

Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Anna Moneymaker | Getty Images Tesla shares closed up nearly 9% on Monday, continuing to ride a postelection rally as President-elect Donald Trump, closely allied with CEO Elon Musk, begins to set up his presidential cabinet. Analysts at Wedbush […]

Scott Olson | Getty Images News | Getty Images President-elect Donald Trump wants to address housing affordability in the U.S. by fomenting the construction of new homes. “We’re going to open up tracks of federal land for housing construction,” Trump said during an Aug. 15 news conference. “We desperately need housing for people who can’t […]

Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Bitcoin hit another high Monday, as the rally in cryptocurrencies continued following Donald Trump’s election win. The price of the flagship cryptocurrency was last higher by more than 12% at $89,174, according to Coin Metrics. Recently, it hit a fresh high of $89,623. Ether was […]

A sign is posted in front of a Broadcom office in San Jose, California, June 3, 2021.Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading: VMware — The cloud services company slid 2.8%, a day after giving a mixed second-quarter report. While VMware surpassed expectations for earnings per share, it missed… […]

In this photo illustration, the Charter Communications logo is displayed on a smartphone screen.Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesCharter Communications CEO Chris Winfrey wants the pay-TV bundle to live.He also thinks the industry should get on board with a new model.The CEO of one of the largest cable companies in the… […]

Michael DellDavid A. Grogan | CNBCDell shares surged 21.3% Friday, their best day since the company returned to the public market in 2018. The rally followed a better-than-expected earnings report, driven by a big revenue beat.The maker of IT hardware and infrastructure technology said sales slid 13% from a year earlier to $22.9 billion, topping… […]

Cable giant Charter Communications and Disney are in a battle over contract fees that has left millions of people without access to U.S. Open, college football and potentially “Monday Night Football,” with the NFL’s season starting in just days.On Thursday, Disney said that the two companies have been in ongoing negotiations but yet to agree… […]

Amir Dan RubinDavid Paul Morris | Bloomberg | Getty ImagesAmir Dan Rubin, CEO of primary care provider One Medical, which Amazon acquired about a year ago, is leaving the company later this year.”I want to share with you all that after six plus years as CEO of One Medical, helping guide the organization to new… […]

Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Universal Music Group home to stars including Taylor Swift, Billie Eilish and Drake, will move its primary stock exchange listing to the United States from the Netherlands following antisemitic attacks […]