U.S. President Donald Trump points towards Federal Reserve Chair Jerome Powell holding a document during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters Federal Reserve Governor Adriana Kugler’s surprise resignation last week brought back a scenario that seemed to…
Apple CEO Tim Cook speaks during the Apple Worldwide Developers Conference (WWDC) on June 09, 2025 in Cupertino, California. Justin Sullivan | Getty Images News | Getty Images Apple shares popped 5% Wednesday, ahead of an Oval Office event touting an update to the company’s stated plans to spend and invest in the U.S. CEO…
Apple is ready to pony up another $100 billion to appease President Donald Trump . Jim Cramer says it was a necessary evil. Wall Street agreed, and the struggling stock rallied. The news Shares of Apple jumped nearly 6% on Wednesday after a White House official confirmed to CNBC that the tech giant will raise…
US President Donald Trump meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Modi will try to rekindle his bromance with Donal Jim Watson | AFP | Getty Images The White House announced Wednesday that it is imposing an additional 25% tariff…
A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Japanese auto giant Honda‘s first quarter operating profits fell 50% year over year on Wednesday, missing estimates due to U.S. auto tariffs and a stronger yen. Here are Honda’s results compared with mean estimates…
CNBC’s Jim Cramer on Tuesday pushed back against a downbeat sentiment he has felt on Wall Street, saying “knee-jerk negativity” is making investors lose money. “In this business we’re supposed to care about companies and their profits, and the profits are, indeed, bountiful,” he said. “Yet the investing class is so scared and so negative…
Conservative media baron Rupert Murdoch will give President Donald Trump regular updates on his health as part of an agreement to postpone Murdoch’s deposition in Trump’s $10 billion defamation lawsuit against him over a Wall Street Journal article about late sex offender Jeffrey Epstein. The unusual stipulation comes a week after Trump’s lawyers sought a…
President Donald Trump told CNBC on Tuesday that he has narrowed the field of potential future Federal Reserve chairs to four candidates, a list that does not include Treasury Secretary Scott Bessent. While the president did not disclose who is in contention, he revealed that Bessent, previously considered a leading candidate, has taken himself out…
President Donald Trump joins Squawk Box at 8 a.m. on August 5, 2025. President Donald Trump will join CNBC’s “Squawk Box” on Tuesday around 8 a.m. ET for a wide-ranging conversation on the economy and the state of the U.S. Trump’s interview comes as the administration juggles a slew of tariff negotiations as well as…
Tesla‘s board has awarded CEO Elon Musk an interim pay package of 96 million shares, according to a filing out Monday, which would be worth about $29 billion. The company said in the filing that Musk’s new package will include shares that vest in two years as long as he continues as CEO or in…
