President Donald Trump on Thursday said he is “willing to shift more” on his border security and DACA demands if that’s what is required to reach an immigration deal that will pass Congress in February. This includes supporting a path to citizenship for approximately 1.8 million undocumented young people who […]
CNBC News
Trump talks tax cuts, the strong dollar, and the wall in an interview with CNBC
President Donald Trump sat down for an interview with CNBC’s Joe Kernen at the World Economic Forum in Davos, Switzerland. The president touched on an array of topics, including immigration reform, potential for re-negotiating multi-lateral trade deals, and the dollar. Read the full transcript of the interview below. JOE KERNEN: […]
WEF co-chair says Trump has helped to unleash a ‘wave of misogyny’
President Donald Trump has created, along with other male leaders, a wave of misogyny around the world, one of the co-chairs at the World Economic Forum (WEF) told CNBC on Friday morning. Sharan Burrow, the general secretary of International Trade Union Confederation and one of the seven female co-chairs of […]
Trump is changing the mood on tax in Europe, says Ireland’s finance chief
Leaders of major economies like President Donald Trump are making the case for lower corporate taxes and Europe should pay attention, Irish Finance Minister Paschal Donohoe told CNBC at the World Economic Forum on Friday. Asked if he believed Trump was setting an example on tax policy, Donohoe was positive. […]
Ikea sees ‘massive opportunities’ with artificial intelligence and virtual reality
Sweden’s flatpack furniture giant is exploring how to make the best use of artificial intelligence (AI) and virtual reality. Speaking at the World Economic Forum (WEF) in Davos on Thursday, Jesper Brodin, CEO of Ikea, told CNBC: “(What) we haven’t been able to do before is to find easier ways […]
Davos elites await Trump’s ‘America First’ message
President Donald Trump is expected to deliver an “American First” message when he speaks at the World Economic Forum (WEF) on Friday. Trump has been meeting business executives and other world leaders during his two-day stay in the Swiss Alps. His presence at the Forum will culminate with the speech […]
Trump offers an apology for retweeting anti-Muslim videos from British far-right group
President Donald Trump says he would publicly apologize for retweeting three graphic anti-Islamic videos posted by the deputy leader of one of the U.K.’s most far-right groups. The retweets, from back in November, did not include Trump commentary but drew widespread condemnation, including from the British prime minister’s office. The […]
Asian stocks closes mixed as dollar wobbles following overnight gains
Asian markets closed mixed on Friday as the dollar wobbled after gaining overnight following comments from President Donald Trump. Tokyo’s benchmark Nikkei 225 index gave back morning gains to close lower by 0.16 percent, or 37.61 points, at 23,631.88. Major exporters finished the session mixed while financial names largely declined. […]
Trump accused Russia of helping North Korea. Putin would have his reasons
President Donald Trump made major news last week when he accused Russia of helping North Korea evade international sanctions. Reports that Russian tankers helped deliver fuel to the pariah state underscore that contention, but that occurrence alone doesn’t explain why the Kremlin would actively undermine the international community. The reason, […]
Asian stocks trade mixed as dollar wobbles following overnight gains
Asian markets traded mixed on Friday as the dollar wobbled after gaining overnight following comments from President Donald Trump. Tokyo’s benchmark Nikkei 225 index gave back morning gains to trade 0.06 percent lower. Major exporters traded mixed as the dollar held onto slight overnight gains against the yen, while financial […]