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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

How did the U.S. arrive at its tariff figures?

by CNBC Markets | April 3, 2025 1:04 pm | US Markets

The White House Wednesday listed tariff rates for different countries. It didn’t take long for market observers to try and reverse engineer the formula.

De minimis trade loophole that boosted Chinese online retailers to end May 2

by CNBC Markets | April 3, 2025 9:07 am | US Markets

The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month to prepare.

See Trump’s list: More than 180 countries and territories facing reciprocal tariffs

by CNBC Markets | April 3, 2025 4:01 am | US Markets

Trump’s plan sets a 10% baseline tariff across the board. But the president’s list makes it clear that many countries will face significantly higher rates.

This beat-up Big Tech play is a promising growth name, says Accuvest Global Advisors CIO

by CNBC Markets | April 3, 2025 3:08 am | US Markets

CIO Eric Clark called out two of his favorite plays on CNBC’s “Three-Stock Lunch” segment Wednesday.

Amazon submits bid for TikTok as ban deadline nears

by CNBC Markets | April 3, 2025 3:08 am | US Markets

TikTok’s future in the U.S. hangs in the balance ahead of a potential ban on April 5.

Apple leads drop in tech stocks after Trump tariff announcement

by CNBC Markets | April 3, 2025 3:08 am | US Markets

Tech stocks fell after hours on Wednesday following President Trump’s announcement of reciprocal tariffs.

Amazon to launch first batch of Kuiper satellites on April 9

by CNBC Markets | April 3, 2025 12:35 am | US Markets

The launch is a pivotal step toward beginning commercial service for Kuiper, Amazon’s initiative to beam high-speed internet to customers from low earth orbit.

Trump administration puts 25% tariff on all canned beer imports, empty aluminum cans

by CNBC Markets | April 3, 2025 12:35 am | US Markets

Canned beer imports will be subject to a 25% tariff, putting pressure on Constellation Brands’ bottom line.

Trump told Cabinet that Elon Musk will leave administration in coming months

by CNBC Markets | April 2, 2025 11:24 pm | US Markets

President Trump told reporters this week that DOGE chief Elon Musk has done an “amazing” job, but noted that the Tesla CEO has “got a big company to run.”

These European stocks have the most to lose from Trump’s tariffs

by CNBC Markets | April 2, 2025 10:03 pm | US Markets

European stocks with high revenue exposure to the U.S. face headwinds from Trump’s tariffs, according to Bank of America.

Judge dismisses criminal case against New York Mayor Eric Adams

by CNBC Markets | April 2, 2025 8:20 pm | US Markets

The DOJ argued that charges against Adams should be tossed to avoid hurting the mayor’s ability to cooperate with immigration policies of President Trump.

Nintendo Switch 2 details: Price, screen size, controllers, microphone chat and games

by CNBC Markets | April 2, 2025 8:20 pm | US Markets

Nintendo will launch game titles including “Mario Kart World” and “Street Fighter 6” alongside the new hardware.

Tesla reports 336,000 vehicle deliveries in first quarter, 13% drop from a year ago

by CNBC Markets | April 2, 2025 7:04 pm | US Markets

Tesla reported a 13% year-over-year drop in first-quarter deliveries two days after the company’s stock wrapped up its worst quarter since 2022.

Private companies added 155,000 jobs in March, more than expected, ADP says

by CNBC Markets | April 2, 2025 6:04 pm | US Markets

Payroll gains were stronger than expected in March, countering fears that the labor market and economy are slowing.

QVC is betting on TikTok to help revive its live shopping business

by CNBC Markets | April 2, 2025 6:04 pm | US Markets

QVC Group, the owner of the QVC and HSN TV networks, is teaming up with TikTok Shop for 24/7 live shopping streams in an effort to revive its business.

United Airlines adds Thailand, Vietnam and Australia flights in latest expansion

by CNBC Markets | April 2, 2025 6:04 pm | US Markets

United Airlines is adding service to Vietnam and Thailand in October and nonstop service from San Francisco to Adelaide, Australia, in December.

UFC signs wide-ranging sponsorship deal with Meta, bringing Mark Zuckerberg closer to Dana White

by CNBC Markets | April 2, 2025 6:04 pm | US Markets

Meta and mixed martial arts league UFC reached a multimillion-dollar, multiple-year sponsorship deal that will span the tech company’s portfolio, UFC told CNBC.

Tequila maker says tariffs won’t affect his prices. Here’s why he plans to absorb costs

by CNBC Markets | April 2, 2025 5:10 pm | US Markets

Colorado-based Suerte Tequila said it will absorb all tariff costs.

Live updates: Trump tariff plans finalized as U.S. trade partners brace for impact

by CNBC Markets | April 2, 2025 5:10 pm | US Markets

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