Workflow
'Jaw-dropping': Smithsonian tries to rewrite history by removing Trump from impeachment exhibit
MSNBC· 2025-08-01 12:00
We turn now to a frankly jaw-dropping story. The Washington Post has some new reporting on the Smithsonian's National Museum of American History removing a label referring to President Trump's two impeachments from an exhibit display there in the museum. In response to that reporting, a spokesperson from the museum told NBC News, "Because the other topics in this section had not been updated since 2008, the decision was made to restore the impeachment case back to its 2008 appearance. " Adding, quote, "A la ...
Kelly Ann Shaw: Importers now have to adjust to a 10–25% tariff range
CNBC Television· 2025-08-01 11:50
It's good to see you today, Kellyanne. Uh, first of all, with the changes, how much do you anticipate there being um fear and loathing throughout the rest of the world about trying to make plans. It just seems like as soon as you get your head wrapped around one tariff and one deadline, things are changing.>> Yeah, good morning and thanks so much for having me. It is hard to understate or overstate how significant this action is in terms of transforming the entire global trading system and the way the US tr ...
WSJ Explains Latest Twists in Trump’s Tariff Plans
WSJ News· 2025-08-01 11:50
President Trump signed an executive order slapping tariffs on virtually every country in the world, but there are some big exceptions and some big important uh details. This is an update to the so-called liberation day tariffs back in April. The big detail is that he delayed implementation for another week on most of the countries.So, we now have until August 7th. Administration officials say this is leaving room for some further negotiations. I will never count out the president.You've seen him do it befor ...
BLACK BUSINESS MONTH: XPONANCE CEO TINA BYLES-WILLIAMS
CNBC Television· 2025-08-01 11:47
Welcome to CNBC. com. I'm Frank Colin, anchor of Worldwide Exchange.August is Black Business Month, and we're highlighting some black firms, talking about uh their companies, their industry, and just their outlook in general. Right now, I'm joined by Miss Tina Biles Williams, the CEO, CIO, and co-founder of Exponence, a multistrategy investment firm that includes equity, fixed income, and alternative investment strategies. Assets under management is at $22 billion.Tina, thank you for joining us. My pleasure ...
HEADLINE: BLACK BUSINES MONTH: ACTIVELY BLACK CO-FOUNDER LANNY SMITH
CNBC Television· 2025-08-01 11:46
Company Overview - Actively Black is an athleisure and athletic apparel brand that celebrates black culture and history, and gives back to the black community [4] - The brand aims to be the "black Nike," offering premium quality products comparable to brands like Nike, Lululemon, and Puma [6][7] - Actively Black launched on Black Friday 2020 and has experienced rapid growth since [5] Product & Supply Chain - Actively Black launched a 100% cotton line sourced from black farmers, paying above-market prices for the cotton and labor [14][17] - The company emphasizes a 100% black-owned supply chain for its cotton line, from "seed to stitch" [19] - Tariffs on goods from Asia, particularly China, have significantly impacted Actively Black's business, leading to the exploration of American-made options [20][21] Business Strategy & Challenges - The founder advises against entering the retail clothing business due to its saturation and the challenges of creating a lasting impact [23][24][25] - Actively Black achieved its first three-month period of profitability after four years in business [27] - The company has a 70% return customer rate, which is high for e-commerce apparel brands, because customers see the brand as a representation of themselves [31] Community & Purpose - The brand is purpose-driven, aiming to give back to the black community in a meaningful way, beyond just profiting from black talent and consumerism [9] - Actively Black aims to reclaim ownership of cotton production, creating wealth for the black community and healing from the trauma associated with slavery [18] - The company outfitted Team Nigeria in the summer Olympics [11] Market & Financial Insights - Black Americans spend $30 billion annually on apparel and shoes [17] - High tariffs, such as 145% or 150%, could potentially put small, black-owned businesses like Actively Black out of business [21]
Patti: Buffett’s retirement fears are overstated
CNBC Television· 2025-08-01 11:46
What are you expecting to hear out of Bergkshire this quarter. >> Well, good morning. Thanks for having me.So, I think Bergkshire is going to have some solid earnings. Um, you know, we'll see what they come out with tomorrow morning. Look, I mean, I think the whole narrative around the BRKB having poor results over the last several months due to uh Warren Buffett's retirement, I think it's overstated.The reality is is that the market, you know, posttariff tantrums has snapped right into a momentum driven ma ...
Trump’s trade war has only just begun to hit Americans’ wallets, says economist
MSNBC· 2025-08-01 11:37
Just hours before President Trump's trade deadline was set to take effect today, he signed an executive order announcing sweeping new tariffs for dozens of countries countries as well as formalizing the trade deal frameworks that his administration had already negotiated with a handful of nations. These new rates range from 10% to as high as 41% and they're scheduled to take effect on August 7th, next week. In an exclusive phone interview with NBC News, Trump said that it was too late for other countries to ...
Worldwide Exchange: ETF Flows Week of July 28
CNBC Television· 2025-08-01 11:35
Welcome to CNBC. com. I'm Frank Holland, anchor of Worldwide Exchange.We are tracking the action in the ETF market year to date. Net inflows are $678 billion according to Vetify. Uh, putting us on track for another record year.Joining me now to discuss the ETF market is Tom Stout, ARC Investment Management President and COO. Tom, thank you for joining us. >> Great to see you, Frank.Thanks for having me. >> All right. Um, so looking at the ETF uh action this week, what have you been seeing.And obviously mega ...
Countries need to get ready for a much higher tariff world, says CFR's Michael Froman
CNBC Television· 2025-08-01 11:29
President Trump signing a series of executive orders on tariffs hitting countries around the world with rates of up to 41%. They are set to kick in next week. Joining us right now is Michael Froman, former US Trade Representative, now Council on Foreign Relations President.Good morning to you. I think the question of the morning is effectively, is this real. Um, does it get pushed again.Is this a negotiating tactic. Of course, it's some kind of negotiating tactic, but uh does it have teeth. Well, Andrew, if ...
Tariffs Weigh on Global Stocks; Countdown to the Jobs Report | Bloomberg Brief 8/1/2025
Bloomberg Television· 2025-08-01 11:29
>> IT’S 5:00 A. M. IN NEW YORKCITY.GOOD MORNING. I’M DANI BURGER WITH YOUR "BLOOMBERG BRIEF." HERE’S WHAT YOU NEED TO KNOW ON THIS FRIDAY. THE NEW TARIFF LIST UNVEILED.TARIFFS SET TO RISE TO THE HIGHEST LEVEL SINCE THE 1930’S. JOBS DAY IN AMERICA. TRADER AWAIT THE LATEST CLUE WHERE THE FED GOES FROM HERE.IPHONE SALES LEAD APPLE TO STRONG RESULTS BUT AMAZON UNDERWHELMS. WE ARE WEAKENING AS WE GO ON. S&P DOWN NEARLY 1%.NASDAQ 100. THAT UNDERPERFORMED WITH AMAZON, SOME DISAPPOINTMENT VALUE. WE ARE ON TRACK FOR ...