CNBC Daily Open: Trump Cuts Continue in the US Government

It’s been just over three weeks into the second term of us President Donald Trump, and the Flurry of Announcements from the white houses no sign of abating.

The Administration is set to pause enforcement of the Foreign Corrupt Practices Act, President Trump has Removed The Director of the Government Ethics Office, and (GASP!) Even the Humble Penny IS NOMP Eering a halt to penny production.

For investors, the dismantling of ethics regulations would definitely raise questions. How would us companies now conduct themselves, especially in markets where corruption is is more rampant? Will more brown envelopes be slipped under tables, all in the name of retaining or winning business? Will the rule of law be supersed by the amount of business brough in by a company?

There are no straight answers to these questions, but expect to hear experts and economists’ two cents in the coming days.

Well, at least when the penny is still there.

– Lim Hui Jie

Altman declines $ 97.4 billion offer for Openai by Musk-LED Investors
Tesla Ceo Elon Musk IS Leading a group of investors In offering to buy control of Openai for $ 97.4 Billion, CNBC confirmed. The offer is for the nonprofit that oversees the artificial intelligence startup behind chatgpt. However, Openai Ceo Sam Altman Wrote on A Post on x“No Thank you but we will buy twitter for $ 9.74 billion if you want.” Musk then replied to the openai chief on x calling him a “Swindler.,

Asian Economies scramble to appease trump as he ratchets up tarif threts
As the speaker of US President Donald Trump’s Reciprocal Tariffs Looms, Several Asian Economies that ENJOY SUBSTANTANTIAL TRADE SURPLUSES with Washington Are scrambling to Negotiate Favorable SolutionsWith Him to Avoid Being Slapped with Higher Duties. Trump said Friday that he would announs reciprocal tariffs – duties that match these levied on us Goods by Respective Countries – as soon as soon, to take IMMIDITELY.

Chinese Companies are seeing a Record Rise in Dividend Payouts
Chinese companies are enticing investors with Record dividend payouts And Share Buybacks AMID Rigorous Corporate Governance Reform, with some market watchrs saying more are on the horizon. Goldman Sachs Estimates that Chinese Companies’ Cash Distribution Cold Hit $ 3.5 Trillion this year to notch a new high.

Markets Shrug Off Tarif Fars
Us stocks rose on Monday, Powered by Major Tech Names and as Traders LOKED PAST The Latest Us Tariff Threat from President Donald TrumpThe Down jones Industrial Average Added 0.38%, LED by a 4.8% Gain in Mcdonald’sThe S & p 500 Gained 0.67%, and the Nasdaq composite Climbed 0.98%. Asia markets were more mixed On Tuesday, with South Korean Markets in Positive Territory and Chinese Markets Falling.

Byd rolls out driver assistance tech with Deepsek’s help, Shares Reach Record High
Chinese electric car giant Byd Shares Hit A Record high in hong kong Trading tuesday after the company said it was debuting driver assistance technology with the help of Deepsek. Shares rose more than 4% tuesday morning to an all-time high of 345 hong kong dollars ($ 44.24), Before Paring Gains.

(Pro) Traders Lower Rate Cut Expectations
Investors are Lowering their expectations even further for interest rates out of the fed this year, as they grow more concerned about tariffs and the effect they could have on Inflation. Economists have warned that a wide-scale trade war could significantly Raise prisles, and consumers appear to be worried as well.

What the end of the penny means for the economy, your piggy bank, and the way America prices items

President Donald Trump has Ordered the Treasury to Stop Minting New Pennies, Which count has an impact on prisles, cash consumers, and those coins still under your couch cushions.

Experts predict a mild inflationary impact, as More Prisis are founded to the nearest five cents. People at the bottom of the economic ladder will be probably pael any penny pinch the most, as they are either unbanked or unable to access debit or credit cards or a digital wallet.

»Read more