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Pentagon watchdog launches probe of Defense Secretary Pete Hegseth over use of Signal app

by CNBC Markets | April 4, 2025 1:04 am | US Markets

The use of the Signal messaging app by top Trump officials came to light after The Atlantic’s editor was added to a group chat about planned Houthi strikes.

Southwest’s bag fees and other changes could backfire, Fitch warns

by CNBC Markets | April 4, 2025 12:00 am | US Markets

The ratings agency put the airline on “negative” outlook, saying the company could become less financially conservative.

Mortgage rates tumble on tariffs, but housing costs still near record high

by CNBC Markets | April 3, 2025 11:15 pm | US Markets

Mortgage rates fell sharply Thursday, following the Trump administration’s tariff announcement, but a huge share of Americans still can’t afford to buy a home.

These apparel stocks could be hit the hardest by the 46% Vietnam tariff

by CNBC Markets | April 3, 2025 10:02 pm | US Markets

The 46% tariff on Vietnam is expected to affect these apparel companies that moved to the country to avoid trade tensions with China.

OpenAI, Anthropic target college students with latest education AI announcements

by CNBC Markets | April 3, 2025 9:24 pm | US Markets

Anthropic and OpenAI both rolled out education services for college students ahead of their final exams.

Stellantis idles plants in Mexico and Canada due to tariffs

by CNBC Markets | April 3, 2025 8:01 pm | US Markets

Stellantis is pausing production at the automaker’s Windsor Assembly Plant in Ontario, Canada, and its Toluca Assembly Plant in Mexico.

Bitcoin-related startup deals soared in 2024 alongside crypto prices, research shows

by CNBC Markets | April 3, 2025 8:01 pm | US Markets

The number of pre-seed transactions in the bitcoin startup market climbed 50% in 2024, according to a report from Trammell Venture Partners.

Commerce Secretary Lutnick says Trump’s reciprocal tariffs will spur countries to examine their trade policies

by CNBC Markets | April 3, 2025 7:06 pm | US Markets

In a CNBC interview, Lutnick said the moves will push countries to re-examine their policies and provide greater access for U.S. products.

Trump tariffs live updates: Markets shaken as global trade tensions escalate

by CNBC Markets | April 3, 2025 7:06 pm | US Markets

The plan imposes steep tariff rates on many countries, including 34% on China, 20% on the European Union, 46% on Vietnam and 32% on Taiwan.

Dow craters 1,200 points, S&P 500 heads for worst drop in 2 years after Trump’s tariff rollout: Live updates

by CNBC Markets | April 3, 2025 7:06 pm | US Markets

Wednesday saw further volatility roil markets as tensions ran high ahead of Trump’s announcement, but stocks ultimately ended the session in the green.

Two retailers could end up beneficiaries of tariffs, says Citi in upgrade

by CNBC Markets | April 3, 2025 7:06 pm | US Markets

Citi analyst Paul Lejeuz upgraded shares of both TJX Companies and Ross Stores to a buy rating from neutral.

‘Oh, sh—’: RH CEO reacts live to stock tanking on tariffs, poor earnings

by CNBC Markets | April 3, 2025 7:06 pm | US Markets

The executive also pointed out that the home furnisher has been contending with the “worst housing market in almost 50 years.”

The biggest winners and losers in Europe as Trump announces sweeping tariffs

by CNBC Markets | April 3, 2025 7:06 pm | US Markets

Global markets and businesses were thrown into disarray by U.S. President Donald Trump’s tariff announcements on Thursday.

Trump’s tariffs — if sustained — likely to push the U.S. and globe into recession, says JPMorgan

by CNBC Markets | April 3, 2025 7:06 pm | US Markets

If implemented, the trade policy will raise the effective U.S. tariff rate to 25%, hurting the U.S. growth and inflation outlook, according to JPMorgan.

Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices 6% lower

by CNBC Markets | April 3, 2025 7:06 pm | US Markets

Eight key OPEC+ producers on Thuesday agreed to raise combined crude oil output by 411,000 barrels per day, pushing down oil prices.

Here’s how to file for a free tax extension in minutes if you can’t make the April 15 deadline

by CNBC Markets | April 3, 2025 7:06 pm | US Markets

You can file for a free tax extension in minutes if you can’t make the April 15 deadline. Here’s what taxpayers need to know.

Trump’s 25% auto tariffs are in effect. What investors need to know

by CNBC Markets | April 3, 2025 6:01 pm | US Markets

CNBC breaks down what investors should know about how the additional levies will impact individual vehicles and automakers.

Trump’s tariffs spare no country — 5 bizarre locations hit by levies including an uninhabited island

by CNBC Markets | April 3, 2025 6:01 pm | US Markets

U.S. President Donald Trump’s aggressive and far-reaching “reciprocal tariffs” were signed into effect on Wednesday, hitting over 180 countries.

Layoff announcements surge to the most since the pandemic as Musk’s DOGE slices federal labor force

by CNBC Markets | April 3, 2025 6:01 pm | US Markets

The surge in March was exceeded only by when the country shut down in 2020 for the Covid pandemic,

NYC Mayor Eric Adams is switching parties, running as independent for reelection

by CNBC Markets | April 3, 2025 5:04 pm | US Markets

The development comes with three months to go until a Democratic primary that is likely to choose the city’s next mayor
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