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Trump nomination of Ed Martin for top D.C. federal prosecutor opposed by key Republican

by CNBC Markets | May 6, 2025 9:04 pm | US Markets

Paul Tudor Jones says stock market will hit new lows even if Trump cuts China tariffs to 50%

by CNBC Markets | May 6, 2025 7:05 pm | US Markets

The widely followed investor believes stocks haven’t found a bottom as macroeconomic conditions continue to deteriorate.

Uber to buy 85% stake in Turkish food delivery platform for $700 million

by CNBC Markets | May 6, 2025 7:05 pm | US Markets

The deal is expected to close in the second half of this year and be accretive to Uber’s growth, the company said.

Wobbling economy will push the Fed to cut interest rates later this year, CNBC survey finds

by CNBC Markets | May 6, 2025 7:05 pm | US Markets

Respondents to the May CNBC Fed Survey still believe the Fed will cut interest rates this year and next.

Microsoft introduces Surface PCs that run AI models and cost less than earlier versions

by CNBC Markets | May 6, 2025 7:04 pm | US Markets

Microsoft’s second round of Copilot+ PCs offers longer battery life and lower prices.

Hispanic shoppers are spending less on groceries, putting pressure on consumer companies

by CNBC Markets | May 6, 2025 5:04 pm | US Markets

Coca-Cola, Constellation Brands and Colgate-Palmolive reported that Hispanic consumers are spending less, which weighed on their North American sales.

Taiwan dollar eases after historic surge as officials deny currency talks with U.S.

by CNBC Markets | May 6, 2025 5:04 pm | US Markets

Investors are watching closely central bank actions after chatter that the authorities were tolerating a stronger currency to win concessions from the U.S.

S&P 500 futures are little changed as Wall Street looks to Fed policy meeting: Live updates

by CNBC Markets | May 6, 2025 3:05 pm | US Markets

The S&P 500 ended a nine-day winning run on Monday as the major averages slid.

Palantir shares fall as company reports in-line earnings, lifts full-year guidance

by CNBC Markets | May 6, 2025 3:05 pm | US Markets

Palantir boosted its guidance for the year on Monday, as net income in the latest quarter more than doubled.

Here are the SpaceX employees who were elected to run Musk’s new company town of Starbase, Texas

by CNBC Markets | May 6, 2025 5:05 am | US Markets

Elon Musk’s SpaceX prevailed in an election over the weekend to turn Starbase into a city that’s now led by employees.

U.S. commodities regulator seeks to drop appeal of Kalshi election bets offers

by CNBC Markets | May 6, 2025 4:04 am | US Markets

Kalsi in January named Donald Trump Jr., the eldest son of President Trump, as a strategic advisor.

Air traffic controllers couldn’t see or talk to planes in equipment failure that led to Newark meltdown

by CNBC Markets | May 6, 2025 3:04 am | US Markets

The FAA said air traffic controllers took time off to recover from the stress of the event.

Trump signs order to boost domestic drug manufacturing as pharma tariffs loom

by CNBC Markets | May 6, 2025 3:04 am | US Markets

The order comes ahead of Trump’s planned tariffs on pharmaceuticals imported into the U.S.

Credit Suisse to pay $511 million for helping U.S. taxpayers hide over $4 billion overseas

by CNBC Markets | May 6, 2025 3:04 am | US Markets

“Credit Suisse AG committed new crimes and breached its May 2014 plea agreement,” the DOJ said in announcing the penalty with the UBS subsidiary.

Ford suspends 2025 guidance amid $2.5 billion tariff impact

by CNBC Markets | May 6, 2025 2:04 am | US Markets

Ford Motor beat Wall Street’s first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5 billion impact this year from tariffs.

S&P 500 slides for first time in 10 days as investors await details on trade deals: Live updates

by CNBC Markets | May 6, 2025 1:05 am | US Markets

Stocks fell to start the week as investors hoping for news of trade deals instead had to grapple with another set of tariffs.

Where Trump is likely getting his $1.98 gas price figure

by CNBC Markets | May 6, 2025 1:05 am | US Markets

U.S. drivers were paying $3.165 per gallon on average Monday, according to the motorist association AAA.

U.S. crude oil closes at lowest level since 2021 after OPEC+ agrees to production surge in June

by CNBC Markets | May 6, 2025 1:05 am | US Markets

OPEC+ is bringing more than 800,000 barrels per day of additional supply to the market over the course of two months.

Trump set to raise millions from crypto and meme coin this month

by CNBC Markets | May 6, 2025 1:04 am | US Markets

About 80% of the $TRUMP token supply is controlled by the Trump Organization and affiliates, according to the project’s website.

Messaging app used by Trump official suspends operations after reported hack

by CNBC Markets | May 6, 2025 1:04 am | US Markets

The messaging app that President Donald Trump’s former NSA was seen using is temporarily suspending services following reports it was hacked.
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