Industrial output grew 6.1% in April, stronger than analysts' expectations for a 5.5% rise, indicating the impact from U.S. tariffs…
Category: News – CNBC
Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices
Trump blasted Walmart after the retailer warned it would raise prices due to tariffs. ...
Trump says he will call Putin, Zelenskyy, and NATO members on Monday to talk ceasefire, trade
Trump told reporters on Friday that he would speak with Putin after the Russian president skipped peace talks between Russia and…
Moody’s downgrades United States credit rating, citing growth in government debt
Moody's had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old…
Musk’s xAI says Grok’s ‘white genocide’ posts resulted from change that violated ‘core values’
Elon Musk's xAI said an "unauthorized modification" to its Grok chatbot led to unprompted responses about "white genocide" in South…
Coinbase confirms user metric investigation, says it’s working with Trump’s SEC to resolve
Shares of Coinbase took another leg lower Thursday afternoon on a report the SEC is investigating whether the crypto exchange…
Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes
Boeing's business has been beset by issues and disrupted by Trump's trade war with China, which stopped accepting plane deliveries…
CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO
CoreWeave's revenue growth slowed from the feverish pace in 2024, but is still benefiting from the artificial intelligence boom. ...
Trump says U.S. will remove all sanctions on Syria
Syria has been designated a state sponsor of terrorism by the U.S. government since 1979. ...
White House announces $600 billion Saudi investment in U.S. during Trump visit
Trump's participation in the investment forum came after he signed a series of bilateral agreements with Saudi Crown Prince Mohammed…
China sees the U.S. trade deal as a huge win for Beijing
The sky-high tariffs imposed by President Donald Trump on imports from China have largely been rolled back temporarily under the…
Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit
Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March. ...