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U.S. futures mixed after Trump reported to visit the Fed: Live updates

by CNBC Markets | July 24, 2025 3:11 pm | US Markets

The S&P 500 rallied to a new record close on Wednesday afternoon following new developments on the tariff front.

Tesla loses market share in Europe for sixth straight month as competition grows

by CNBC Markets | July 24, 2025 3:10 pm | US Markets

It wasn’t just Tesla that reported a drop in new car registrations in June, however. Europe’s four best-selling automakers all sold fewer cars.

Trump to visit Federal Reserve, escalating campaign against Chair Powell

by CNBC Markets | July 24, 2025 1:11 pm | US Markets

This is the first time in nearly two decades that an American president will be making an official trip to the central bank.

Trump’s aluminum tariffs may be sparking a green recycling boom — unintentionally

by CNBC Markets | July 24, 2025 1:11 pm | US Markets

His protectionist trade policy, often at odds with environmental goals, is in fact building an economic case for recycling millions of tonnes of scrap metal exports.

Tensions simmer as Xi courts EU while Brussels demands trade rebalance

by CNBC Markets | July 24, 2025 1:11 pm | US Markets

Xi’s meeting with EU leaders come as the 25th EU-China summit gets under way

No ‘woke AI’ in Washington, Trump says as he launches American AI action plan

by CNBC Markets | July 24, 2025 1:10 pm | US Markets

Trump has vowed to push back against “woke” AI models and to turn the U.S. into an “AI export powerhouse,” signing three AI-focused executive orders Wednesday. 

World’s largest olive oil producer warns U.S. consumers of a double whammy from Trump tariffs

by CNBC Markets | July 24, 2025 11:06 am | US Markets

The European Union is the leading producer, consumer and exporter of olive oil.

Republican senators join Dems on bill to exempt small businesses from Trump’s Canada tariffs

by CNBC Markets | July 24, 2025 3:04 am | US Markets

Trump recently said he will impose a 35% tariff on Canada, the latest salvo in his on-again, off-again trade war with the U.S. ally and top trade partner.

Watch: Trump delivers remarks on AI ‘action plan’ and signs executive orders

by CNBC Markets | July 24, 2025 3:04 am | US Markets

The White House said Trump’s AI action plan incudes requiring that developers’ chatbots are “free of ideological bias” in order to be get federal contracts.

Southwest profit drops, but airline says travel demand has stabilized

by CNBC Markets | July 24, 2025 3:04 am | US Markets

Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said demand has stabilized.

Trump was told his name was in Jeffrey Epstein files before DOJ withheld documents: WSJ

by CNBC Markets | July 24, 2025 2:06 am | US Markets

President Donald Trump was friends with Jeffrey Epstein for years before the two men had a falling out.

IBM results beat expectations as the company pushes up full-year guidance

by CNBC Markets | July 24, 2025 2:06 am | US Markets

IBM delivered stronger results than expected and raised its forecast for full-year free cash flow.

Chipotle stock tumbles after chain cuts same-store sales forecast

by CNBC Markets | July 24, 2025 2:05 am | US Markets

Shares of Chipotle have fallen 13% this year, dragging its market cap down to $71.1 billion.

French President Macron, wife Brigitte sue Candace Owens for defamation from transgender claim

by CNBC Markets | July 24, 2025 1:09 am | US Markets

The Macrons are represented by a law firm that helped Dominion Voting Systems obtain a huge settlement in a defamation case against Fox News’ owner Fox Corp.

Alphabet to report Q2 earnings after the bell

by CNBC Markets | July 24, 2025 12:05 am | US Markets

The company made a number of AI announcements during the quarter.

Trump administration ramps up its campaign against colleges

by CNBC Markets | July 24, 2025 12:05 am | US Markets

The Trump administration launched multiple investigations into American universities on Wednesday, the latest moves in its campaign to reshape higher education.

Tesla set to report second-quarter earnings after the bell

by CNBC Markets | July 23, 2025 10:08 pm | US Markets

Tesla’s second quarter earnings call comes as Elon Musk’s automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.

Why cutting capital gains tax on home sales wouldn’t solve the country’s housing issues

by CNBC Markets | July 23, 2025 10:07 pm | US Markets

President Donald Trump has suggested eliminating the capital gains tax on home sales. That would largely benefit the high end of the housing market.

U.S. to remove mercury preservative from flu shots following RFK Jr. vaccine panel vote 

by CNBC Markets | July 23, 2025 10:06 pm | US Markets

While few shots still contain thimerosal, the move eliminates a vaccine option for Americans and is a win for the anti-vaccine movement.

Amazon closes Shanghai AI research lab in latest cost-cutting move

by CNBC Markets | July 23, 2025 9:05 pm | US Markets

Amazon’s closure of an artificial intelligence research lab in China is tied to recently announced layoffs in the company’s cloud computing unit.
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