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Microsoft gives LinkedIn chief Roslansky added role running Office

by CNBC Markets | June 4, 2025 9:04 pm | US Markets

Ryan Roslansky, who has run LinkedIn for the past five years, will now also oversee Microsoft’s Office productivity software.

Average 401(k) balances drop 3% due to market volatility, Fidelity says

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

Retirement account balances fell in the first quarter of 2025, according to Fidelity Investments, the largest 401(k) provider in the U.S.

Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report

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

Trump has branded Powell with the nickname “Too Late” as a criticism of the Fed Chair’s continuing decision to hold interest rates steady.

Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says

by CNBC Markets | June 4, 2025 6:05 pm | US Markets

The report comes two days before the more closely watched nonfarm payrolls count from the Bureau of Labor Statistics.

Stock futures rise slightly as Nvidia, tech trade march on: Live updates

by CNBC Markets | June 4, 2025 5:10 pm | US Markets

The comeback rally has investors increasingly confident stocks have turned a corner on tariffs, though concerns remain.

Apple and Samsung smartphone growth to take hit from tariff uncertainty: Counterpoint Research

by CNBC Markets | June 4, 2025 5:09 pm | US Markets

Counterpoint Research revised down its 2025 global smartphone shipment growth forecast to 1.9% year-on-year from 4.2%.

Mortgage demand drops for the third straight week, even as interest rates ease

by CNBC Markets | June 4, 2025 5:09 pm | US Markets

Weekly mortgage demand dropped despite a slight drop in interest rates. Rates haven’t moved much in the last few months.

Steph Curry’s Thirty Ink generated $174 million in revenue last year, and all of its businesses are profitable, company says

by CNBC Markets | June 4, 2025 5:09 pm | US Markets

Curry is the CEO of Thirty Ink, which generated $174 million in revenue last year, and all of its business units are profitable, the company told CNBC Sport.

Trump says ‘extremely hard’ to make a deal with China’s Xi Jinping as trade talks stall

by CNBC Markets | June 4, 2025 1:06 pm | US Markets

The two countries have blamed each other for violating a trade agreement reached in Switzerland on May 12.

Chinese couple charged with smuggling a biological pathogen into the U.S.

by CNBC Markets | June 4, 2025 7:10 am | US Markets

Yunqing Jian, a researcher at the University of Michigan, and her boyfriend, Zunyong Liu, studied the pathogen as university students in China.

The Elon Musk file: Report claims more than 100 times DOGE boss benefited self, businesses

by CNBC Markets | June 4, 2025 5:03 am | US Markets

Tesla CEO Elon Musk last week wrapped up his official government service leading DOGE for the Trump administration.

CrowdStrike shares drop on weak revenue guidance

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

CrowdStrike reported better-than-expected results for the latest quarter but issued revenue guidance that missed estimates.

Nvidia tops Microsoft, regains most valuable company title for first time since January

by CNBC Markets | June 4, 2025 2:04 am | US Markets

Nvidia has been trading places with Apple and Microsoft at the top of the market cap ranks since last June.

Knicks fire head coach Tom Thibodeau after leading team to Eastern Conference Finals

by CNBC Markets | June 4, 2025 2:04 am | US Markets

New York announced that the decision was determined by the team being “singularly focused on winning a championship for our fans.”

Musk calls Trump budget bill a ‘disgusting abomination’

by CNBC Markets | June 4, 2025 1:04 am | US Markets

Musk, the Tesla and SpaceX CEO who spent over $250 million backing Trump’s presidential bid, led the president’s DOGE group until last week.

Inmate forged Trump death threats to get star witness deported: Prosecutors

by CNBC Markets | June 4, 2025 1:03 am | US Markets

A man who was allegedly framed for sending letters threatening to kill President Donald Trump still faces possible removal from the United States.

DHS takes family of Colorado fire attack suspect Soliman into ICE custody, Noem says

by CNBC Markets | June 4, 2025 1:03 am | US Markets

Mohamed Soliman yelled, “Free Palestine,” as he attacked with a flamethrower a group calling for the release of Israeli hostages by Hamas, officials say.

Musk torches Trump budget bill: ‘Disgusting abomination’

by CNBC Markets | June 4, 2025 12:04 am | US Markets

Musk, the Tesla and SpaceX CEO who spent over $250 million backing Trump’s presidential bid, led the president’s DOGE group until last week.

Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy

by CNBC Markets | June 3, 2025 11:04 pm | US Markets

Cook expressed concern Tuesday with the progress on inflation, saying recent lower readings could reverse.

Trump slams GOP Sen. Rand Paul for opposing ‘big, beautiful bill’ due to $5 trillion debt ceiling hike

by CNBC Markets | June 3, 2025 11:04 pm | US Markets

Trump’s reaction to Paul shows him pressuring Republican holdouts to back the “big beautiful bill” that covers much of the president’s domestic policy agenda.
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