The Latest Breaking News from CNBC

The Trump administration is moving to convert billions in CHIPS Act subsidies into a 10% equity stake in Intel. The first-of-its-kind deal would make Washington the company’s largest shareholder and signal a new era of direct government ownership in Silicon Valley.

On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said he remains long on Rocket Companies, Inc. (NYSE:RKT).

Trump administration looking to convert funding from Chips Act into equity in the semiconductor manufacturer

Sam Altman has cautioned against the use of export controls and has warned that China can probably build inference capacity faster than the U.S..

A new federal tax break promises to put more money in the pockets of tipped workers, but some in the service industry say they're cautious about celebrating just yet.

On CNBC's “Halftime Report Final Trades,” Joe Terranova, senior managing director for Virtus Investment Partners, named Amphenol Corporation (NYSE:APH) as his final trade.

On CNBC's “Halftime Report Final Trades,” Gilman Hill Asset Management CEO Jenny Van Leeuwen Harrington said CarMax, Inc. (NYSE:KMX) trades at 14 times earnings.

For decades, American factories have shuttered as production moved overseas in search of cheaper labor and larger supplier networks. Between 1997 and 2022, the number of U.S. manufacturing firms and plants dropped by 25%, according to McKinsey Co.. Jobs that once employed nearly 20 million Americans now account for just…

Investors are increasingly turning their attention to strategic stock picks as market volatility remains a focal point. With earnings season shedding light on financial health and unexpected gains, traders are making calculated decisions to navigate the fiscal landscape.