Luke Fountain

Articles by Luke Fountain

UAE β€˜spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports - CNBC

Business August 29, 2026

The powerful United Arab Emirates official known as the "spy sheikh" is behind the largest stake in the holding company for the Trump family's planned crypto bank, further deepening his financial tieοΏ½...

Loeffler's financial disclosure reveals husband’s ties to exclusive Trump Jr.-backed private club

Crypto July 31, 2026

Small Business Administration chief Kelly Loeffler's annual financial disclosure shows her husband billionaire Intercontinental Exchange CEO Jeffrey Sprecher, whose company owns the New York Stock ExοΏ½...

Senate panel advances China auto bill that could bar Mercedes-Benz from U.S. - CNBC

Business July 24, 2026

The Senate Commerce Committee advanced bipartisan legislation Wednesday aimed at toughening a ban on Chinese automakers from the U.S. market, even as Chairman Ted Cruz, R-Texas, warned that it could οΏ½...

Trump admin eases export controls for UAE; Warren blasts 'corrupt' provision - CNBC

Business July 12, 2026

The Commerce Department on Friday moved toward easing export controls on the United Arab Emirates, including by saying it will "favorably review" export license applications for MGX, the UAE-backed iοΏ½...

Chinese parts are already in U.S. cars as lawmakers warn Trump against China auto deal - CNBC

Business May 16, 2026

As President Donald Trump meets Chinese President Xi Jinping this week, lawmakers in both parties are warning the White House not to use the U.S. auto market as a bargaining chip in any deal with BeiοΏ½...

Gen Z and social media are helping men’s makeup go mainstream. The beauty industry is trying to capitalize - CNBC

Business January 11, 2026

It often starts small. A dab of concealer. A tinted moisturizer. Maybe a brow gel that goes from borrowed to bought. For many men, like Daniel Rankin, makeup has transformed from something taboo intοΏ½...

Cramer says investors chasing Venezuela headlines are making a classic mistake - CNBC

Business January 6, 2026

CNBC's Jim Cramer said Monday that investors chasing the market's reaction to Venezuela's political upheaval are making a familiar mistake: confusing short-term trading opportunities with long-term iοΏ½...

Tariffs hit boots, bags and more as leather prices jump β€” and relief could be years away - CNBC

Business December 26, 2025

Different types of leather are seen at the Rio of Mercedes cowboy boot factory, on July 31, 2025, in Mercedes, Texas. Bootmaker Twisted X known for its Western footwear was thrown into chaos overniοΏ½...