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Trump wants automakers to move vehicle production to the U.S. It’s not that simple

by CNBC Markets | April 23, 2025 10:11 pm | US Markets

Relocating production lines takes years of planning and construction and requires massive amounts of space and capital.

International tourism to the U.S. slumps, but Americans can’t stop traveling overseas

by CNBC Markets | April 23, 2025 10:11 pm | US Markets

United Airlines and Delta Air Lines say international and premium travel is robust while domestic coach-class travel and some corporate travel has slowed.

Meta makes ads on Threads available to all eligible advertisers

by CNBC Markets | April 23, 2025 9:04 pm | US Markets

Meta said that all “eligible advertisers globally” will be able to run ads on Threads after initial January testing with a few U.S. and Japanese companies.

Ford launches exclusive experience program for its priciest pickups

by CNBC Markets | April 23, 2025 9:04 pm | US Markets

Ford is offering its most premium pickup truck customers a new package, including a personal concierge, accessory discounts and a maintenance plan.

Why your phone’s blowing up with scam job offers

by CNBC Markets | April 23, 2025 9:04 pm | US Markets

Consumers reported losing $14.8 million to text job scams in 2023 and that figure shot up to $61.2 million in 2024, according to the FTC.

Treasury Sec. Bessent says China, U.S. have ‘opportunity for a big deal’ on trade

by CNBC Markets | April 23, 2025 9:04 pm | US Markets

Bessent named-checked Bridgewater founder Ray Dalio, who recently express fears of sharp fallout from President Donald Trump’s tariff policies.

Gold miners are looking cheap here with the commodity at all-time highs, chart analysts say

by CNBC Markets | April 23, 2025 8:05 pm | US Markets

Technical analysts are noting gold miners can play catch up to the commodity, and have further upside.

Boeing CEO says China has stopped taking its aircraft amid trade war

by CNBC Markets | April 23, 2025 8:05 pm | US Markets

CEO Kelly Ortberg said that a few 737 Max planes that were in China set to be delivered to carriers there have been flown back to the U.S.

Watch live: Treasury Sec. Bessent outlines plan to restore ‘equilibrium’ to world financial system

by CNBC Markets | April 23, 2025 8:05 pm | US Markets

“China needs to change,” Treasury Department chief Scott Bessent told the Institute of International Finance in Washington, D.C.

YouTube turns 20 and is on track to be the biggest media company by revenue

by CNBC Markets | April 23, 2025 7:05 pm | US Markets

Twenty years since launching, YouTube would likely be worth as much as $550 billion as a stand-alone business, according to analysts at MoffettNathanson.

IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue

by CNBC Markets | April 23, 2025 7:05 pm | US Markets

The 191-nation fund credited higher tariff revenue for a somewhat smaller deficit projection.

Apple AI ads did not make ‘adequate’ disclosures, watchdog says

by CNBC Markets | April 23, 2025 5:04 pm | US Markets

The decision is the latest blow to Apple’s reputation with artificial intelligence technology and its struggles to market the iPhone 16’s AI features.

Weekly mortgage demand plunges nearly 13%, as interest rates hit 2-month high

by CNBC Markets | April 23, 2025 5:04 pm | US Markets

Mortgage demand continues to drop as mortgage rates climb to a two-month high. Refinance demand is hit the most, while homebuyers face economic uncertainty.

Boeing to seek FAA approval to increase 737 Max production as losses narrow

by CNBC Markets | April 23, 2025 5:04 pm | US Markets

Boeing’s first quarter loss narrowed to $31 million in the first quarter and it burned less cash than analysts estimated.

Dow futures jump 600 points after Trump says he doesn’t plan to get rid of Fed chief: Live updates

by CNBC Markets | April 23, 2025 3:04 pm | US Markets

The 30-stock Dow jumped more than 1,100 points at its peak on Tuesday.

Here’s what Elon Musk said about tariffs and their potential effect on Tesla

by CNBC Markets | April 23, 2025 6:05 am | US Markets

Tesla CEO Elon Musk addressed the tariff issue on his company’s earnings call on Tuesday, making it clear that President Trump is calling the shots.

Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates

by CNBC Markets | April 23, 2025 2:04 am | US Markets

Tesla’s first-quarter earnings report lands as investors reckon with a steep slide in the company’s stock price.

Dow jumps 1,000 points Tuesday to snap four-day string of losses: Live updates

by CNBC Markets | April 23, 2025 2:04 am | US Markets

Stocks rallied on hopes that U.S.-China trade tensions could ease soon, as investors recovered most of the steep declines suffered in the previous session.

FDA to phase out dyes used in Flamin’ Hot Cheetos, Skittles and other snacks

by CNBC Markets | April 23, 2025 2:04 am | US Markets

The FDA is phasing out the use of petroleum-based synthetic dyes in food and drinks.

Auto groups lobby Trump administration against parts tariffs in rare unified message

by CNBC Markets | April 23, 2025 2:04 am | US Markets

The group – representing franchised dealers, suppliers and nearly all major automakers – say the upcoming levies could jeopardize U.S. automotive production.
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