
Jacob Pramuk
Deputy Business Editor at CNBC
Articles
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2 weeks ago |
cnbc.com | Jacob Pramuk
Here are the most important news items that investors need to start their trading day:1. Taking a tollStock futures dropped again Monday after a two-day rout sparked by President Donald Trump's torrent of tariffs around the globe. The S&P 500 shed more than 10% over the two sessions, including a Friday nosedive that was the index's worst day since the outbreak of the pandemic in March 2020.
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2 weeks ago |
cnbc.com | Jacob Pramuk
Here are the most important news items that investors need to start their trading day:1. Red waveU.S. stocks headed for another freefall Friday after markets suffered their worst day since 2020, as President Donald Trump's wave of new tariffs threatened to pummel the global economy. Equities plunged on Thursday after Trump threw up stifling trade barriers and economic partners around the world retaliated.
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3 weeks ago |
flipboard.com | Jacob Pramuk |Lillian Rizzo
3 hours agoCrumbling trust in American institutions: A MAHA activist takes on Girl Scout cookiesIt's been a great year for Zen Honeycutt and her grassroots advocacy group Moms Across America. President Trump appointed Robert F. Kennedy Jr. — a longtime ally and adviser to her organization — to become the head of the Department of Health and Human Services.
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3 weeks ago |
cnbc.com | Jacob Pramuk |Lillian Rizzo
Shares of conservative cable channel Newsmax soared more than 40% in early trading Tuesday, a day after the stock's dizzying debut on the New York Stock Exchange. Newsmax shares spiked more than 700% in their first trading day Monday, closing at $83.51 per share. The stock opened the day at $14 per share. The trading Tuesday continues a stunning rise for the pure-play cable TV stock. The industry has suffered in recent years as consumers flee cable bundles in favor of streaming.
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3 weeks ago |
cnbc.com | Jacob Pramuk
Shares of major vaccine makers dropped on Monday after a key U.S. health official resigned in protest of Health and Human Services Secretary Robert F. Kennedy Jr.'s views on immunization. The departure of Peter Marks, the Food and Drug Administration's top vaccine regulator, has raised fresh fears about whether the Trump administration will quickly approve and promote critical shots.
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