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White House announces $600 billion Saudi investment in U.S. during Trump visit

by CNBC Markets | May 14, 2025 12:05 am | US Markets

Trump’s participation in the investment forum came after he signed a series of bilateral agreements with Saudi Crown Prince Mohammed bin Salman.

Trump says U.S. will remove all sanctions on Syria

by CNBC Markets | May 14, 2025 12:05 am | US Markets

Syria has been designated a state sponsor of terrorism by the U.S. government since 1979. 

FDA moves to take prescription fluoride drops and tablets for kids off the market

by CNBC Markets | May 14, 2025 12:05 am | US Markets

Despite decades of evidence that fluoride prevents cavities, the agency said the best way to keep kids’ teeth strong is to stop eating so much sugar.

YouTube will stream NFL Week 1 game in Brazil for free

by CNBC Markets | May 14, 2025 12:05 am | US Markets

The NFL’s Week 1 game between the Kansas City Chiefs and the Los Angeles Chargers in Brazil will be streamed for free on YouTube for the first time ever.

$100 million New Jersey deli fraudster Peter Coker Sr. gets six months in jail

by CNBC Markets | May 14, 2025 12:05 am | US Markets

Coker’s son, a former fugitive, is due to be sentenced later in the day for the New Jersey deli scheme, which also involved a shell company.

Coinbase jumps 22%, heads for biggest gain since post-election pop on S&P 500 inclusion

by CNBC Markets | May 13, 2025 11:04 pm | US Markets

Coinbase had its best day since just after last year’s presidential election, as investors bought shares ahead of the company’s inclusion in the S&P 500.

Chuck Schumer pauses Trump Justice Department nominees over Qatari jet

by CNBC Markets | May 13, 2025 10:05 pm | US Markets

Trump’s plan to accept the luxury jet has draw pushback from Democrats, and even some Republicans, who are are slamming the plan.

As student loan default rate spikes, some borrowers face ‘grave consequences,’ New York Fed says

by CNBC Markets | May 13, 2025 10:05 pm | US Markets

Millions of borrowers who are late on their student loan payments now face “grave consequences” as collection activity restarts, the New York Fed says.

Hertz shares plummet after company’s disappointing first-quarter results, $250 million stock offering

by CNBC Markets | May 13, 2025 10:05 pm | US Markets

Shares of Hertz plummeted Tuesday morning following the company reporting disappointing first-quarter earnings and fleet cuts amid slower bookings and tariffs.

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

by CNBC Markets | May 13, 2025 9:05 pm | US Markets

Inflation retreated in April, but tariffs are expected to re-ignite consumer prices in coming months.

Microsoft is cutting 3% of its workforce

by CNBC Markets | May 13, 2025 9:05 pm | US Markets

It’s likely Microsoft’s largest job purge since it said goodbye to 10,000 employees in 2023.

Trump administration cuts an additional $450 million in grants to Harvard

by CNBC Markets | May 13, 2025 9:05 pm | US Markets

The Trump administration is cutting an additional $450 million in grants to Harvard University, on top of the $2.2 billion already cut.

Nvidia sending 18,000 of its top AI chips to Saudi Arabia

by CNBC Markets | May 13, 2025 9:05 pm | US Markets

Nvidia CEO Jensen Huang said the cutting-edge Blackwell chips will be used in a 500 megawatt data center in Saudi Arabia.

ESPN’s new all-access streaming app will cost $29.99 per month

by CNBC Markets | May 13, 2025 8:05 pm | US Markets

ESPN will charge $29.99 per month for its full-service streaming product, or $35.99 per month when bundled with Disney+ and Hulu ad tiers.

Microsoft is cutting 3% of all workers

by CNBC Markets | May 13, 2025 8:05 pm | US Markets

It’s likely Microsoft’s largest job purge since it said goodbye to 10,000 employees in 2023.

GM unveils new ‘groundbreaking’ EV battery tech, aims to be first to market

by CNBC Markets | May 13, 2025 8:05 pm | US Markets

The new batteries and packs utilize more-prevalent, less-expensive minerals and are lighter and more cost-effective.

Trump to speak after White House announces $600 billion Saudi investment in U.S.

by CNBC Markets | May 13, 2025 8:05 pm | US Markets

Trump’s participation in the forum came after he signed a series of bilateral agreements with Saudi Crown Prince Mohammed bin Salman.

UnitedHealth Group CEO Andrew Witty steps down, company suspends annual forecast

by CNBC Markets | May 13, 2025 7:04 pm | US Markets

Witty will act as a senior advisor to his successor, Stephen Hemsley, who served as UnitedHealth Group’s CEO from 2006 to 2017.

Trump tariffs face major legal hurdle as federal trade court hears challenge

by CNBC Markets | May 13, 2025 7:04 pm | US Markets

Trump has long praised tariffs as a key tool for negotiating with other countries and collecting federal revenue.

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021

by CNBC Markets | May 13, 2025 7:04 pm | US Markets

The consumer price index was expected to increase 0.2% in April for a 2.4% annual inflation rate.
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