President Donald Trump continues to enjoy income streams from scores of luxury properties and business ventures, many of which are worth tens of millions of dollars, according to a financial disclosure form filed late Friday.
Category Archives: business
Battle over Jimmy Buffett’s $275 million estate highlights risks of family trusts
A court battle over the late singer Jimmy Buffett’s $275 million estate has highlighted the growing litigation over the trillions of dollars in wealth being passed down to spouses and families, experts said
Airlines divert, suspend flights after Israel’s strike on Iran closes airspace in Middle East
Airlines around the world canceled flights to Israel and were skirting a large swath of airspace in the Middle East on Friday after Israel’s overnight missile strikes on Iran.
Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock
Consumers in the early part of June took a considerably less pessimistic view about the economy and potential surges in inflation as progress appeared possible in the global trade war, according to a University of Michigan survey Friday
New Warning About Tariff-Related Scams: How to Spot Red Flags
The Better Business Bureau is sending out a new warning about scammers using confusion over tariffs to target consumers, so NBC’s Vicky Nguyen joins TODAY with tips for spotting the red flags — including online order delays, “tariff relief” scams, government impersonators and more.
Oil prices surge, stocks tumble as Israel and Iran clash
Oil prices surged and stocks tumbled in the wake of Israel’s strikes on Iran’s top military officials and nuclear sites.
Prices for common baby items are rising due to Trump’s tariffs, congressional analysis says
The cost of some baby gear has risen in recent weeks due to President Donald Trump’s tariff policies, according to a new congressional report
Jensen Huang’s charitable foundation balloons on Nvidia stock gains
Nvidia’s soaring stock price has supercharged CEO Jensen Huang’s fortunes — as well as his charitable giving
Janet Yellen expects Trump’s tariffs will hike inflation to 3% year over year
Former Treasury Secretary Janet Yellen predicts President Donald Trump’s tariffs will cause prices to rise and average household income to fall, despite a slowing trend in the U.S. inflation rate.“I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs,” Yellen said Thursday on CNBC’s “Money Movers.”The Biden-era Cabinet secretary made that prediction even as she noted that when it comes to Trump’s tarif
Here are the three reasons tariffs have yet to drive inflation higher
Despite widespread fears to the contrary, President Donald Trump’s tariffs have yet to show up in any of the traditional data points measuring inflation