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Stock futures fall as China-U.S. trade tensions deteriorate: Live updates

by CNBC Markets | June 2, 2025 4:06 pm | US Markets

All three major averages closed out May with sizable gains Friday, with the S&P 500 and Nasdaq Composite seeing their best month since November 2023.

China counters Trump’s accusations of Geneva deal violations, says U.S. undermining consensus

by CNBC Markets | June 2, 2025 9:11 am | US Markets

Trade frictions between Washington and Beijing have flared up after a hiatus following a meeting between U.S. Treasury Secretary Scott Bessent and his Chinese counterpart.

Stock futures inch lower to kick off start of the new trading month: Live updates

by CNBC Markets | June 2, 2025 4:03 am | US Markets

All three major averages closed out May with sizable gains Friday, with the S&P 500 and Nasdaq Composite seeing their best month since November 2023.

Multiple Gaza-hostage-awareness marchers injured in attack in Boulder

by CNBC Markets | June 2, 2025 4:03 am | US Markets

Suspect is in custody after people were set on fire during a regular weekly march in the downtown area, police chief said.

Elon Musk says he doesn’t ‘want to take responsibility for everything the administration’s doing’

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

“I was disappointed to see the massive spending bill,” Elon Musk said on CBS’s “Sunday Morning.”

Trump advisers defend tariffs amid legal fight, insisting they’re ‘not going away’

by CNBC Markets | June 2, 2025 12:04 am | US Markets

The looming legal fight injects uncertainty into President Donald Trump’s evolving tariffs plan, which has upended the global economy since April 2.

Investors are piling into big, short Treasury bets alongside Warren Buffett

by CNBC Markets | June 1, 2025 10:05 pm | US Markets

Investors are staying as short as possible with their fixed-income investments. ETF experts explain why the bond market is bearish on longer maturities.

Trump and Xi are likely to talk soon about trade, though no date has been set, Hassett says

by CNBC Markets | June 1, 2025 10:05 pm | US Markets

Kevin Hassett said that a date for a conversation about trade negotiations has not been set, but it is an “expectation” that they will soon speak.

Speaker Mike Johnson says some Medicaid recipients will ‘choose’ whether to lose healthcare under House spending bill

by CNBC Markets | June 1, 2025 9:04 pm | US Markets

“4.8 million people will not lose their Medicaid unless they choose to do so,” Speaker Mike Johnson, R-La., told NBC News’ “Meet the Press” on Sunday.

From a gilded perch, Trump tries to retain the common touch

by CNBC Markets | June 1, 2025 6:05 pm | US Markets

In his second term, Trump is looking and sounding insulated even from the voters who put him back in the White House.

Safer to stay home? European firms rethink travel policy over U.S. border control concerns

by CNBC Markets | June 1, 2025 7:02 am | US Markets

“These are the sorts of things I think about when I travel to, say, China or Azerbaijan,” the head of a British NGO said.

White House to replace Trump pick for NASA administrator

by CNBC Markets | June 1, 2025 4:00 am | US Markets

The White House said, “It’s essential that the next leader of NASA is in complete alignment with President Trump’s America First agenda.”

Trump pardons drive a big, burgeoning business for lobbyists

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

With President Donald Trump issuing pardons on a rolling basis, lobbyists say clients are willing to pay significant sums to get their cases in front of the president.

EU ‘prepared to impose countermeasures’ after Trump doubles steel tariffs to 50%

by CNBC Markets | May 31, 2025 9:04 pm | US Markets

President Donald Trump announced Friday that he was raising tariffs on steel imports from 25% to 50%.

Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical

by CNBC Markets | May 31, 2025 6:04 pm | US Markets

Michael Saylor applauds efforts by other companies to replicate his strategy of using cash to buy bitcoin.

DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery

by CNBC Markets | May 31, 2025 6:04 pm | US Markets

DoorDash CEO Tony Xu has spent 12 years building his food delivery company from an upstart into a big acquirer.

Why everyone is selling Dubai chocolate bars

by CNBC Markets | May 31, 2025 6:04 pm | US Markets

How the Dubai chocolate trend is taking over the U.S.

Gabbard considering ways to revamp Trump’s intelligence briefing

by CNBC Markets | May 31, 2025 4:04 pm | US Markets

One idea is to make the briefing, which according to his schedule Trump has been taking less often than his predecessors, a video that looks like Fox News.

Pentagon chief says ready to ‘fight and win’ against China, urges Asian allies to boost defense spending

by CNBC Markets | May 31, 2025 10:04 am | US Markets

While playing up the U.S.’s enduring commitment to the Indo-Pacific region, Hegseth took swipes at the absence of China’s defense minister Dong Jun.

Trump says U.S. will double steel tariffs to 50%

by CNBC Markets | May 31, 2025 6:04 am | US Markets

President Trump will hold a rally Friday at a U.S. Steel plant near Pittsburgh, one week after signaling he had cleared a merger with Japan’s Nippon Steel.
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