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China says it ‘drove away’ U.S. destroyer near the disputed Scarborough Shoal

by CNBC Markets | August 13, 2025 11:13 am | US Markets

This comes after a Chinese warship crashed into one of its own country’s coast guard vessels as it chased a patrol boat belonging to the Philippines

Trump tells Goldman Sachs CEO David Solomon to replace bank’s economist over tariff predictions

by CNBC Markets | August 13, 2025 4:04 am | US Markets

President Donald Trump said that Goldman Sachs boss David Solomon should “just focus on being a DJ” if he does not get a new economist.

White House eyes Smithsonian museums for Trump’s ‘American exceptionalism’ compliance

by CNBC Markets | August 13, 2025 4:03 am | US Markets

The Smithsonian museums will get four months to make “content corrections” if exhibits don’t match a directive by President Trump.

CoreWeave shares drop even as revenue tops estimates

by CNBC Markets | August 13, 2025 2:04 am | US Markets

CoreWeave expanded its business with OpenAI during the second quarter.

Cava stock plummets after company lowers forecast on disappointing same-store sales growth

by CNBC Markets | August 13, 2025 2:04 am | US Markets

Cava also announced an investment in Hyphen, a restaurant automation startup.

Trump pick for BLS commissioner recently called for suspending monthly jobs report

by CNBC Markets | August 13, 2025 2:04 am | US Markets

Heritage Foundation economist E. J. Antoni questioned the report’s accuracy after President Trump fired the prior Bureau of Labor Statistics chief.

Trump tells Goldman Sachs CEO David Solomon to replace economist over tariff predictions

by CNBC Markets | August 13, 2025 1:19 am | US Markets

President Trump said that Goldman Sachs boss David Solomon should “just focus on being a DJ” if he does not get a new economist.

FDA may pull authorization of Pfizer’s Covid vaccine for children under 5, company says

by CNBC Markets | August 13, 2025 1:18 am | US Markets

The potential move to rescind authorization of Pfizer’s vaccine could leave some kids in the U.S. with no available shots against Covid.

White House says it’s working out legality of Nvidia and AMD China chip deals

by CNBC Markets | August 13, 2025 1:17 am | US Markets

“The legality of it, the mechanics of it, is still being ironed out by the Department of Commerce,” White House spokesperson Karoline Leavitt said Tuesday.

Fed board contenders Miran, Bullard say Trump’s tariffs are not causing inflation

by CNBC Markets | August 13, 2025 1:16 am | US Markets

Both did not commit to how they would vote on interest rates. However, they praised Trump’s pro-growth agenda.

Musk-Altman battle escalates as Tesla CEO drags Apple into the spat

by CNBC Markets | August 13, 2025 1:16 am | US Markets

Elon Musk and Sam Altman, who were longtime friends and helped start OpenAI, are in an extended legal battle that now involves Apple.

Quantum computing could be commercial real estate’s next big tailwind

by CNBC Markets | August 13, 2025 1:16 am | US Markets

Quantum computing is advancing quickly and becoming commercially viable. As a result, it now needs its own real estate.

Here’s the inflation breakdown for July 2025 — in one chart

by CNBC Markets | August 12, 2025 9:10 pm | US Markets

The consumer price index rose 2.7% in July on an annual basis. There’s some evidence tariffs are putting upward pressure on inflation, economists said.

Trump threatens Fed chair Powell with ‘major lawsuit,’ demands interest rate cut

by CNBC Markets | August 12, 2025 9:10 pm | US Markets

President Trump blasted Federal Reserve Chair Jerome Powell over the multi-billion-dollar renovation of the central bank’s headquarters.

IPO performance vs. S&P 500 since April market low? It’s not even close

by CNBC Markets | August 12, 2025 9:09 pm | US Markets

Initial public offerings have outperformed stocks by a wide margin since the 2025 market bottom. Time to worry about repeat of IPO boom and bust of 2020-2021?

What to buy for a trade after light CPI: Small caps and low quality

by CNBC Markets | August 12, 2025 9:06 pm | US Markets

The cooler inflation reading could be a major boon for small caps and lower quality stocks, which could rip higher after skipping out on this year’s gains.

LinkedIn launches Mini Sudoku, pushing deeper into casual games that keep users coming back

by CNBC Markets | August 12, 2025 7:09 pm | US Markets

Three-time Sudoku champion Thomas Snyder and the Japanese publisher that popularized the puzzle are teaming up with one of the world’s biggest social networks.

Consumer prices rise 2.7% annually in July, less than expected amid tariff worries

by CNBC Markets | August 12, 2025 6:15 pm | US Markets

CPI was projected to increase 0.2% in July and 2.8% for a year ago on headline, and 0.3% and 3% on core

How E.l.f pulled off its $1 billion Rhode deal

by CNBC Markets | August 12, 2025 6:15 pm | US Markets

E.l.f.’s affordable-yet-premium products have gone viral on social media thanks to the rise of “dupe culture,” and a focus on marketing on TikTok and Roblox.

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits

by CNBC Markets | August 12, 2025 6:15 pm | US Markets

Tesla is recruiting test drivers for “automated driving systems” in Queens, but hasn’t applied for permits to test its autonomous vehicles on New York streets.
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