by CNBC Markets | May 13, 2025 6:05 pm | US Markets
The consumer price index was expected to increase 0.2% in April for a 2.4% annual inflation rate.
by CNBC Markets | May 13, 2025 6:05 pm | US Markets
UnitedHealth Group announced the surprise exit of CEO Andrew Witty on Tuesday and suspended its 2025 forecast due to surging medical costs.
by CNBC Markets | May 13, 2025 5:04 pm | US Markets
Toyota’s redesigned EV will be called the “bZ” and offer notable increases in EV technologies and capabilities.
by CNBC Markets | May 13, 2025 3:05 pm | US Markets
Revenue for the full financial year rose 6.2%, but operating profit fell 12.2% and missed expectations.
by CNBC Markets | May 13, 2025 2:04 am | US Markets
Through its company-owned and franchised restaurants, McDonald’s is one of the nation’s largest private employers.
by CNBC Markets | May 13, 2025 2:03 am | US Markets
Health policy experts said it is still unclear how much prices will go down, which medicines will be impacted and whether the effort can be implemented at all.
by CNBC Markets | May 13, 2025 1:05 am | US Markets
Trump’s trade deal with China and pause on the highest tariffs means another surge is coming in global trade, but business uncertainty isn’t going away.
by CNBC Markets | May 13, 2025 1:05 am | US Markets
The sky-high tariffs imposed by President Donald Trump on imports from China have largely been rolled back temporarily under the trade agreement.
by CNBC Markets | May 13, 2025 1:04 am | US Markets
The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, experts say.
by CNBC Markets | May 13, 2025 1:04 am | US Markets
Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March.
by CNBC Markets | May 13, 2025 1:04 am | US Markets
The tentative U.S.-China trade deal brought a fresh wave of optimism to Wall Street.
by CNBC Markets | May 12, 2025 11:04 pm | US Markets
The artificial intelligence search engine company competes against the likes of Google and Microsoft-backed OpenAI.
by CNBC Markets | May 12, 2025 10:03 pm | US Markets
“I could be a stupid person and say no, we don’t want a free plane,” Trump said.
by CNBC Markets | May 12, 2025 10:03 pm | US Markets
GM has hired Sterling Anderson, a former Tesla executive and cofounder of autonomous vehicle company Aurora Innovation, as its chief product officer.
by CNBC Markets | May 12, 2025 9:04 pm | US Markets
Democratic lawmakers and Trump allies have criticized the purported move, saying the lavish nature of the gift raises serious legal and ethical concerns.
by CNBC Markets | May 12, 2025 9:04 pm | US Markets
Apple previously said in February it would spend $500 billion to expand many of its operations in the U.S., including assembling AI servers in Houston.
by CNBC Markets | May 12, 2025 7:02 pm | US Markets
The order is a blow to the pharmaceutical industry, which is already bracing for Trump’s planned tariffs on prescription drugs.
by CNBC Markets | May 12, 2025 7:02 pm | US Markets
The trade pact reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products, the Treasury chief said.
by CNBC Markets | May 12, 2025 5:06 pm | US Markets
The comments come after the U.S. and China announced a 90-day pause on most of the tariffs the countries had imposed on one another.
by CNBC Markets | May 12, 2025 5:06 pm | US Markets
Treasury Secretary Scott Bessent said talks with China had been “very productive.” Both countries agreed to cut “recipricol” tariffs by 115% for 90 days.
