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U.S. economy shrunk 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

by CNBC Markets | April 30, 2025 6:04 pm | US Markets

Gross domestic product was expected to rise at a 0.4% annualized pace in the first quarter, according to the Dow Jones consensus estimate.

Private payroll growth slowed to 62,000 in April, well below expectations

by CNBC Markets | April 30, 2025 6:04 pm | US Markets

Companies slowed hiring sharply in April as they braced against potential impacts from President Donald Trump’s tariffs.

Wall Street is anxious to hear Apple CEO Tim Cook’s first public comments on tariffs

by CNBC Markets | April 30, 2025 6:04 pm | US Markets

The most anticipated part of Apple’s Thursday earnings will be CEO Tim Cook’s comments on how the company is dealing with President Donald Trump’s tariffs. 

Yum Brands revenue misses as Pizza Hut’s same-store sales fall 2%

by CNBC Markets | April 30, 2025 5:06 pm | US Markets

Yum Brands, the parent of KFC, Pizza Hut and Taco Bell, said sales rose 12% in the first quarter.

Homebuyer mortgage demand drops further, as economic uncertainty roils the housing market

by CNBC Markets | April 30, 2025 5:06 pm | US Markets

Mortgage rates didn’t move much last week, and neither did homebuyers who are less concerned with rates and more worried about their finances and their jobs.

Milwaukee judge charged with obstructing immigration agents is relieved of duty

by CNBC Markets | April 30, 2025 4:06 pm | US Markets

Trump administration officials accused Judge Hannah Dugan of “intentionally misdirecting” federal authorities who were trying to detain a man for deportation.

Volkswagen posts 37% drop in first-quarter profit, says Trump tariffs could weigh on outlook

by CNBC Markets | April 30, 2025 3:05 pm | US Markets

Europe’s biggest carmaker reported operating profit of 2.9 billion euros ($3.3 billion) for the first three months of the year.

Starbucks stock falls as sales disappoint, turnaround pressures earnings

by CNBC Markets | April 30, 2025 3:05 pm | US Markets

Shares of Starbucks have fallen 8% this year, as investors worry about tariffs and how they will affect consumer spending.

Auto giant Stellantis suspends full-year guidance due to uncertainties over Trump tariffs

by CNBC Markets | April 30, 2025 12:04 pm | US Markets

Auto giant Stellantis on Wednesday said it was withdrawing its full-year financial guidance due to U.S. tariff uncertainties.

Swiss giant UBS posts profit beat, warns of ‘material risk’ to global growth from U.S. tariffs

by CNBC Markets | April 30, 2025 11:05 am | US Markets

UBS on Wednesday beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe’s largest bank amid sweeping U.S. tariffs.

Auto giant Volkswagen posts 37% drop in first-quarter profit as Trump tariffs jolt industry

by CNBC Markets | April 30, 2025 11:05 am | US Markets

Europe’s biggest carmaker reported operating profit of 2.9 billion euros ($3.3 billion) for the first three months of the year.

Trump complained to Bezos before Amazon said it scrapped idea to display tariff cost

by CNBC Markets | April 30, 2025 11:05 am | US Markets

Amazon founder Jeff Bezos has cozied up to President Donald Trump since the Republican won a second White House term.

S&P 500 futures slip after index posts longest win streak since November: Live updates

by CNBC Markets | April 30, 2025 11:05 am | US Markets

Stocks closed higher on Tuesday, propelled by investors’ hopes for a trade deal.

Satya Nadella says as much as 30% of Microsoft code is written by AI

by CNBC Markets | April 30, 2025 8:05 am | US Markets

Microsoft CEO Satya Nadella on Tuesday said that as much as 30% of the company’s code is now written by artificial intelligence.

Super Micro shares dive after server maker issues weak preliminary financials

by CNBC Markets | April 30, 2025 3:04 am | US Markets

Super Micro blamed lower-than-expected preliminary results on decisions from clients during the quarter.

Snap plunges 13% on ‘headwinds’ to start quarter, inability to offer guidance

by CNBC Markets | April 30, 2025 3:04 am | US Markets

Snap did not offer an outlook for the second quarter, citing macroeconomic uncertainties.

Snap plunges 14% on ‘headwinds’ to start quarter, inability to offer guidance

by CNBC Markets | April 30, 2025 2:05 am | US Markets

Snap did not offer an outlook for the second quarter, citing macroeconomic uncertainties.

Starbucks earnings miss, but coffee chain says it’s seeing ‘momentum’ with turnaround

by CNBC Markets | April 30, 2025 2:05 am | US Markets

Shares of Starbucks have fallen 8% this year, as investors worry about tariffs and how they will affect consumer spending.

Commerce Secretary Lutnick says one trade deal is done, but waiting on approval from unnamed country’s leaders

by CNBC Markets | April 30, 2025 12:04 am | US Markets

Lutnick said a trade deal is “done, done, done, done” but declined to say which country he was talking about.

U.S. ‘very close’ to a trade deal with India, Bessent says

by CNBC Markets | April 30, 2025 12:04 am | US Markets

Bessent’s comments come after Vice President JD Vance met last week with India’s prime minister Narendra Modi.
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