Last month saw a surplus of a little more than $27 billion, following a $316 billion deficit in May. ...
Category: News – CNBC
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Office of Management and Budget Director Russell Vought spoke Friday on CNBC's "Squawk Box." ...
Intel spins out AI robotics company RealSense with $50 million raise
Tech companies like Tesla and Amazon have bet big on robotics technology and automation. ...
Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street
The arrival of agentic AI at Goldman Sachs, in which programs don't just help with tasks but execute complex jobs,…
Delta’s summer travel outlook tops estimates as CEO says high-end demand is holding up
Delta cut its 2025 forecast after tariffs and hesitant consumers hit the brakes on trips this year. ...
Shares of Ray-Ban maker EssilorLuxottica jump 6% on reported Meta stake in AI push
Meta and EssilorLuxottica first struck up a partnership in 2019, producing two generations of Ray-Ban Meta smart glasses. ...
CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up
The world's 20 most valuable sports ownership groups are worth a combined $225 billion, according to CNBC's Most Valuable Sports…
Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments
Shaun Maguire, an outspoken Trump supporter, is getting publicly criticized for recent posts about New York City Democratic mayoral candidate…
Tesla shares drop 7% in premarket trading after Elon Musk says he is launching a political party
Elon Musk said he would form a new political party called the "America Party" ...
Trump threatens extra 10% tariff on countries that align with ‘Anti-American’ BRICS policies
Trump confirmed that the U.S. will start delivering letters on Monday, detailing tariff rates and any agreements reached with various…
OPEC+ members agree to larger-than-expected oil production hike in August
Eight OPEC+ producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 barrels…
Trump’s tariffs deadline is looming for Europe. Here’s where things stand
The U.S. and the European Union have not yet struck a trade deal with just days to go before Trump's…