Ursula von der Leyen (CDU), President of the European Commission, stands in the European Parliament building and speaks. Picture Alliance | Picture Alliance | Getty Images European Commission President Ursula von der Leyen will meet with U.S. President Donald Trump in Scotland over the weekend, seeking to reach a framework trade agreement shortly before a…
President Donald Trump on Friday expressed confidence the Federal Reserve will start lowering interest rates, a day after he met with central bank Chair Jerome Powell. The president indicated the meeting took a positive tone and believes the Fed is ready to provide the monetary policy easing he has been seeking for months. “I think…
The 19-story façade of the Louis Vuitton luxury store stands wrapped in a design reminiscent of their monogrammed trunks in Manhattan, New York City. Spencer Platt | Getty Images News | Getty Images High-end spenders are painting a mixed picture when it comes to the luxury market’s long-awaited recovery, with softer sales still weighing on…
Tesla has opened the doors to its first diner Supercharger station in Los Angeles. CEO Elon Musk first teased the concept of building a drive-in themed charging station in 2018. On Monday, that vision was finally realized. Tesla describes the two-story restaurant, constructed of a steel exterior inspired by the Cybertruck, as retro-futuristic. It features…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are closing out the week in record territory thanks to five straight positive sessions for the S & P 500 . There are no…
A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. Tim Goessman | Bloomberg | Getty Images In an earnings call this week, Tesla CEO Elon Musk teased an expansion of his company’s fledgling robotaxi service to the San Francisco Bay Area and other…
U.S. President Donald Trump talks to reporters as he departs the White House on July 25, 2025 in Washington, DC. Trump is traveling to his Balmedie golf courses in Scotland this week. Chip Somodevilla | Getty Images President Donald Trump said the administration is considering a rebate for some consumers from revenue raised by higher…
Next week could be a game changer for Wall Street, CNBC’s Jim Cramer said. He told investors to pay attention to a slew of market-moving events, including the Federal Reserve’s meeting, the latest nonfarm payroll report and earnings tech titans Apple, Amazon, Meta and Microsoft. “Next week, no hyperbole, is pivotal. It’s significant. I’m willing…
A detail shot of the Lombardi Trophy next to Kansas City Chiefs and Philadelphia Eagles helmets prior to a news conference on February 03, 2025 in New Orleans, Louisiana ahead of the NFL Super Bowl LIX football game between the Philadelphia Eagles and the Kansas City Chiefs. Kevin Sabitus | Getty Images Sport | Getty…
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta CEO Mark Zuckerberg on Friday said Shengjia Zhao, the co-creator of OpenAI’s ChatGPT, will serve as the chief scientist of Meta Superintelligence Labs. Zuckerberg…
