President Donald Trump on Monday said that he threw his long-time friend Jeffrey Epstein out of his Mar-a-Lago club and cut ties with him years ago because "he stole people who worked for me." Trump said Epstein poached at least one more employee from him after being warned not to do it again. The president, who spoke in Scotland, provided no other details of the dispute with Epstein, who killed himself in a federal jail in New York weeks after being arrested on child sex trafficking charges in July 2019.
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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High earners often feel stuck financially due to rising costs, debt and lifestyle inflation. So-called “HENRYs,” or “high earners, not rich yet,” may still live paycheck to paycheck, or carry credit card debt. Find the full report: cnb.cx/4lSpugy
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U.S. Trade Representative Jamieson Greer on Monday said the U.S. trade agreement with the European Union, which includes 15% tariffs on the bloc, puts the country on track to "have a really good partnership with the EU." Watch more: cnb.cx/4o8sGWP
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Shares of liquified natural gas (LNG) companies jumped Monday after the European Union agreed to purchase $750 billion of energy from the U.S. LNG exporters Cheniere and Venture Global were up about 3% and more than 4%, respectively. NextDecade and New Fortress Energy, which build LNG infrastructure, jumped more than 2% and about 3%. EU President Ursula von der Leyen said the purchases would help reduce the bloc's dependence on Russia for natural gas.
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You are you, right? Seems straightforward. But are you the you you want to be? The one living the life and pursuing the career you should be? Suzy Welch knows from experience that many people aren't. Not yet. She's spent over 15 years developing and testing a methodology to help people discover their "authentic purpose," based on: Welch calls it "Becoming You." Through her course at NYU Stern School of Business, workshops, and private sessions, she's seen thousands of people learn about themselves in hopes of answering the question: "What should I do with my life?"
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European leaders and analysts are warning that the new U.S.-EU trade deal, while averting a tariff escalation, leaves the region at a disadvantage. The agreement — which imposes a 15% tariff on most EU goods heading to the U.S. — is being called “unbalanced,” with critics arguing that it ultimately puts the region on the backfoot. The duties mark a climb down for the EU just days before a 30% tariff threat was set to kick in, however much negotiation is still set to take place. Read more: cnb.cx/456ILDB
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Before launching the computer software company that made him a millionaire, renowned investor Mark Cuban thought a different business idea would be his runaway hit. At age 24, prior to creating his software startup MicroSolutions, Cuban decided to sell powdered milk as a recent college graduate eager to strike out on his own. He had very little cash on hand, the now 66-year-old tells CNBC Make It: "Less than $20." His stint as a powdered milk salesman lasted just about 30 days before he threw in the towel. Luckily for him, he didn't have much money invested in the venture — "just enough to buy samples and realize no one wanted to buy them," he says.
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U.S. Trade Representative Jamieson Greer said Monday that China's willingness to hold trade talks with the United States this week is a "good sign," but he is not expecting any "enormous breakthrough." "I don't expect some kind of enormous breakthrough today, what I expect is continued monitoring and checking in on the implementation of our agreement thus far," Greer said on CNBC's "Squawk Box." His comments come as top officials from President Donald Trump's administration meet in Sweden with their Chinese counterparts for the third round of trade talks since Trump's "Liberation Day" tariff announcement earlier this year.
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There's a surefire way to seem smarter and be more likeable among your co-workers and bosses, says Harvard University associate professor Alison Wood Brooks: Actively listen to what they're saying. Active listening requires more than silently absorbing information — you need to demonstrate that you're engaged by asking follow-up questions or paraphrasing and repeating what the other person said back to them, says Wood Brooks, who teaches a Harvard MBA course called "How to talk gooder in business and life." "Successful conversationalists and successful employees go a step further" than a perfunctory head nod and making eye contact, she says, adding: "Listening to somebody's answer then probing for more information is a superhero move, and a shockingly low number of people think to do it. You should show [you're listening] by saying [you are] out loud."