Author: Editor-In-Chief
President Donald Trump’s doctor said the president is in “excellent health” and “fully qualified” to serve as commander in chief after undergoing a medical exam at Walter Reed National Military Medical Center on Tuesday.A report by Dr. Sean Barbavera released late Friday said Trump underwent cancer screening and other preventive evaluations by 22 experts, as well as heart imaging tests such as a CT scan.Trump, 79, said after his three-hour visit on Tuesday that everything checked out “perfectly.”The president weighed 238 pounds (108 kilograms), an increase of 14 pounds (6 kilograms) since his April 2025 medical exam. Doctors coached him…
Traders at work at the New York Stock Exchange on May 28, 2026. new york stock exchangeThe rally in software stocks has gone from recovery to raging bull market, with traders betting they will continue to rise further.of iShares Expand Technology Software ETF (IGV) After Friday’s 5% rise, the stock is up 35% from its April lows on the back of double-digit percentage gains. ServiceNow and working day. Options traders have been building up bullish positions in the ETF, with trading volume more than five times the daily average over the past 30 days, and call volume outnumbering puts 4…
Choreographer (Konstantin Yuganov) | iStock | Getty ImagesThe IRS announced 2027 contribution limits for Health Savings Accounts (HSAs), which offer investors a 3x tax benefit. Starting in 2027, the new HSA contribution limit will be $4,500 for self-only plans, up from $4,400 in 2026, based on the latest inflation adjustment. HSA limits for family insurance will also increase in 2027. That limit will jump from $8,750 to $9,000 in 2026, according to an IRS announcement Friday. Read more CNBC’s personal finance coverageHSAs have three tax benefits. Contributions are tax-deductible, funds grow tax-free, and there are no fees on withdrawals for…
Foundation Future Industries is a startup founded in 2024 that aims to use humanoid robots for military and industrial jobs, rather than domestic and service sectors.foundation future industryAs Silicon Valley races to develop humanoid robots that can fold laundry or pour lattes, at least one startup is eyeing a completely different use for the technology: warfare and other potentially dangerous and deadly jobs. Foundation Future Industries is a San Francisco-based robotics company with ties to the Trump family that develops “dual-use” autonomous humanoid robots for both heavy industrial environments and military applications. The robot sounds like something out of a…
Gap Co., Ltd. CEO Richard Dixon said Athleta’s turnaround is taking longer than expected, but the company remains committed to rebuilding the struggling activewear brand.”Athleta is an important brand in our portfolio,” Dixon told CNBC’s “Mad Money” on Friday. “We are in a rebuilding year.”On Thursday, Gap reported weaker-than-expected results from Athleta, with first-quarter sales down 12% to $270 million and comparable sales down 11%. In the company’s earnings call, management described Athleta as a “slow turnaround” and warned that second-quarter trends are expected to remain similar to the first quarter. Athleta’s comp sales also reflected its challenges, falling 10%…
A warship fires a weapon during a training exercise east of Taiwan. This screenshot is from a video released by the People’s Liberation Army (PLA) Eastern Theater District on December 29, 2025. Eastern theater | via ReutersThe U.S. Congress continues to strongly support Taiwan, even though Taiwan remains a focus of relations with China, according to a delegation member at the IISS Shangri-La Dialogue in Singapore.Regarding Taiwan’s ability to defend itself, Sen. Tammy Duckworth of Ile Island said during the dialogue’s media roundtable: “There is strong bipartisan support for Taiwan and Taiwan’s security, and we will ensure that we build…
Stock chart iconStock chart iconClover Health Investments’ year-to-date stock performance.Clover Health Investments: “We’re in pure spec mode because this quarter wasn’t great. Revenue was OK, but profit wasn’t there. So take the upward revisions with a grain of salt, because it wasn’t a great quarter.”Stock chart iconStock chart iconAmkor Technology’s year-to-date stock performance.Amkor Technology: “It’s packaging, but the right kind of packaging is semiconductor packaging. But I like Cadence better. I also like Intel’s packaging division, which is booming under Rip Boutin, who used to run Cadence.”Stock chart iconStock chart iconEllington Financial’s year-to-date stock performance.ellington financial: “When I look at…
President Trump is weighing next steps on the Iran deal, as Tehran insists negotiations are ongoing and there is no final deal.Published May 30, 2026May 30, 2026The prospects for a deal between the United States and Iran to end the conflict remained uncertain on Friday, with President Donald Trump saying he would make a “final decision” on the deal but Iranian officials stressing that no understanding had yet been reached.Iran’s chief negotiator, Mohammad Bagher Ghalibaf, said Iran would judge any deal by actions, not words, adding that it would not take any steps unless the United States acted first.Meanwhile, fighting…
German Rheinmetall MAN tactical military transport vehicle parked at the Edvard Peperko military barracks.Luka Dakskovler | Light Rocket | Getty ImagesEuropean defense stocks had a bumper year in 2025, driven by sharp increases in national military spending targets in response to increasing geopolitical instability. However, the sector’s fortunes have plateaued somewhat this year. Stoxx Europe Aerospace and Defense The Stoxx 600 index has returned 4.8% year-to-date, compared with a year-to-date decline of 1.2%. But analysts see 2026 as a period of realignment for the sector, with bullish stances on increased European defense spending giving way to greater scrutiny of individual…
Dutch Deputy Prime Minister Dilan Yesilgos-Zegelius, leader of the VVD party, speaks during the weekly press conference after the Council of Ministers meeting in The Hague, April 10, 2026. (Photo by Robin Utrecht/ANP/AFP via Getty Images)/Netherlands OUTRobin Utrecht | AFP | Getty ImagesDutch Deputy Prime Minister Dilan Yesilgos-Zegelius says the United States is justified in asking its allies to increase their defense spending.Speaking to CNBC’s Sri Jegaraja on the sidelines of the IISS Shangri-La Dialogue, Yesilgoz said that before the Ukraine war broke out, the Netherlands relied heavily on its allies. “So I think this is a very clear message.…