CNBC Daily Open: Markets are riding high, but will jobs data derail the rally?
ADP payrolls and jobless claims show that the jobs market may be weakening faster than expected.
Day: September 5, 2025
Trump Vows “Fairly Substantial” Tariffs On Semiconductors “Very Shortly”
US President Donald Trump said Thursday the United States will soon put a “fairly substantial tariff” on semiconductors coming into the country, after previously threatening a 100-percent levy on the chips.
Trump to sign executive order changing Pentagon’s name to ‘Department of War’
President Donald Trump will sign an executive order on Friday that will officially change the name of the Department of Defense to the Department of War.
Thai lawmakers to vote for a new prime minister as candidates promise an early election
Thai lawmakers will select a new prime minister as major parties promise to dissolve Parliament and call an election to address the ongoing political crisis.
‘We’re having good dialogue’: Trump says he’ll speak with Putin; admits Ukraine war hard to resolve
US president Trump announced plans to speak with Vladimir Putin soon, following discussions with Volodymyr Zelensky and European leaders. This comes amidst ongoing Russian attacks on Ukraine and Putin’s strengthened ties with China and India. Trump and…
Caitlin Clark to miss the rest of the Fever’s season because of a right groin injury
Caitlin Clark will miss the rest of the Indiana Fever’s season because of a right groin injury.
Former interior minister arrested upon arrival in Bolivia after deportation from US
Bolivia’s incendiary ex-interior minister has been arrested at the airport after being deported from the United States to face a litany of charges, including crimes against humanity for ordering a deadly crackdown on anti-government protesters in 2019.
Trump says Zohran Mamdani likely to be New York’s next mayor unless 2 of his opponents quit the race
President Donald Trump says he thinks Democrat Zohran Mamdani is likely to become New York City’s next mayor unless two of the three candidates running against him drop out of the race.
OpenAI is set to produce an AI chip co-designed with Broadcom next year, and has committed $10B in orders; the chip will be for internal use only (Financial Times)
Financial Times:
OpenAI is set to produce an AI chip co-designed with Broadcom next year, and has committed $10B in orders; the chip will be for internal use only — ChatGPT maker’s deal with US chip group signals industry shift towa…
White House pushes ‘warrior ethos’: Donald Trump revives ‘department of war’; Pete Hegseth to be styled ‘secretary of war’
Donald Trump has renamed the US department of defence to the department of war. The White House stated that Trump will sign an executive order. This permits the use of the new title as a secondary name. Pete Hegseth will be known as the secretary of wa…