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Tesla shares drop 7% in premarket trading after Elon Musk says he is launching a political party

by CNBC Markets | July 7, 2025 2:10 pm | US Markets

Elon Musk said he would form a new political party called the “America Party”

Trump says countries aligning with BRICS policies will face additional 10% tariff

by CNBC Markets | July 7, 2025 9:09 am | US Markets

Trump confirmed that the U.S. will start delivering letters on Monday, detailing tariff rates and any agreements reached with various trading partners.

Stock futures fall after Trump says tariffs will go into effect on Aug. 1, not July 9: Live updates

by CNBC Markets | July 7, 2025 4:04 am | US Markets

Wall Street is coming off a holiday-shortened week during which the S&P 500 and Nasdaq Composite posted fresh all-time highs.

Getting to Europe is cheaper this summer — but everything costs more when you’re there

by CNBC Markets | July 7, 2025 2:03 am | US Markets

A weaker dollar has taken a bite out of Americans’ budgets abroad even as airfares fall, but economic uncertainty is the bigger factor.

Bessent: Tariffs will ‘boomerang’ back to April levels by Aug. 1 for countries without deals

by CNBC Markets | July 6, 2025 10:04 pm | US Markets

President Donald Trump in April announced a 90-day pause on the tariffs he had unveiled just days prior on virtually every major trading partner.

Trade deadlines and oil drama set the stage for a crunch week in global markets

by CNBC Markets | July 6, 2025 1:06 pm | US Markets

This is your weekly lookahead at the key global events that could move markets and shape policy.

Rep. Mark Green resigns from Congress, leaving Speaker Johnson with an even narrower Republican majority in the House

by CNBC Markets | July 6, 2025 4:03 am | US Markets

Rep. Mark Green said he was returning to the private sector to start his own business, without sharing details about the business.

Elon Musk says he has formed a new U.S. political party, the ‘America Party’

by CNBC Markets | July 6, 2025 3:03 am | US Markets

Elon Musk, the world’s richest man, suggests the new party would focus “on just 2 or 3 Senate seats and 8 to 10 House districts.”

Inside a Utah desert facility preparing humans for life on Mars

by CNBC Markets | July 5, 2025 7:00 pm | US Markets

SpaceX CEO and Mars advocate Elon Musk has said his company can get humans to Mars as early as 2029.

OPEC+ members agree larger-than-expected oil production hike in August

by CNBC Markets | July 5, 2025 4:01 pm | US Markets

Eight OPEC+ producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 barrels per day rate.

Trump says tariff letters to 12 countries signed, going out Monday

by CNBC Markets | July 5, 2025 2:05 pm | US Markets

Trump says tariff letters to 12 countries signed, going out Monday

Trump inaugural impersonators scammed donors out of crypto, feds say

by CNBC Markets | July 4, 2025 11:05 pm | US Markets

An email address in Nigeria has been linked to the scam that impersonated Steve Witkoff, co-chair of the inaugural committee for President Donald Trump.

What Trump’s ‘one big beautiful’ tax-and-spending bill means for your money

by CNBC Markets | July 4, 2025 7:05 pm | US Markets

Congress has passed President Donald Trump’s tax and spending package. Here’s what the megabill could mean for your money.

From mustard makeovers to beef tallow, six food and beverage trends that could take over

by CNBC Markets | July 4, 2025 6:06 pm | US Markets

The Summer Fancy Foods Show, hosted by the Specialty Foods Association, returned to the Jacob K. Javits Convention Center in New York.

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

by CNBC Markets | July 4, 2025 6:06 pm | US Markets

While “F1” was a victory lap for Apple, Wall Street’s reaction to the company’s AI announcements at WWDC suggest there’s some trouble underneath the hood.

Some international LGBTQ+ travelers pull back on U.S. trips: ‘Why would I go there?’

by CNBC Markets | July 4, 2025 6:06 pm | US Markets

Despite some pullbacks in corporate sponsorships, pride organizations across the U.S. said attendance is still strong.

Trump’s tariffs deadline is looming for Europe. Here’s where things stand

by CNBC Markets | July 4, 2025 5:06 pm | US Markets

The U.S. and the European Union have not yet struck a trade deal with just days to go before Trump’s tariff reprieve is set to end.

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims

by CNBC Markets | July 4, 2025 4:10 pm | US Markets

The U.S. trading firm’s entities are “further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly.”

Microsoft layoffs hit 830 workers in home state of Washington

by CNBC Markets | July 4, 2025 6:05 am | US Markets

The 830 Microsoft employees who lost their jobs in Washington included cloud solution architects, game designers and lawyers.

Musk’s xAI scores permit for gas-burning turbines to power Grok supercomputer in Memphis

by CNBC Markets | July 4, 2025 3:03 am | US Markets

Elon Musk’s artificial intelligence startup attained an official permit to power its Memphis supercomputer facility using natural gas-burning turbines.
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