The Latest Breaking News from CNBC

Trump Adviser Says Record-Low Consumer Sentiment Is Basically POTUS' Fault for Caring Too Much

US consumer confidence has reached a record low, driven by high petrol prices and tariffs. Economic pressures are affecting household budgets, with many Americans feeling financially strained.

International Business Times · May 11

At Least 11 Hospitalized After Suspected Boat Explosion In Miami

The report identified the boat as a Press Cruiser 400 Express, a 40-foot cabin cruiser called Nauti Nabors.

International Business Times · May 10

Trump-Xi Beijing Summit To Focus On Iran Conflict, Trade Tensions

US President Donald Trump and his Chinese counterpart Xi Jinping will meet in Beijing later next week, but the focus of the summit is likely to remain on the Iran war.

International Business Times · May 9

Top Shipping Company CEO Warns Iran War Keeps Raising Costs, Worsening Economic Outlook

The Iran war will continue to disrupt global trade, and its impact is only likely to get worse, the CEO of a major shipping company warned.

International Business Times · May 7

Vornado CEO Steven Roth 'shocked that our young mayor would pull this stunt' and says Zohran Mamdani should know better than target Ken Griffin

Vornado and Ken Griffin's Citadel are expected to build a $6 billion tower in New York, but Citadel's COO and Roth referenced it may not go through.

Fortune · May 6

U.S. Airlines Saw Jet Fuel Prices More Than Double In March As Iran War Raged

U.S. airlines saw jet fuel prices more than double in March as the war in Iran raged on, according to new data from the U.S. government.

International Business Times · May 6

ServiceNow just told Wall Street it's going to double again. Here's why $30 billion of revenue isn't crazy

The enterprise software company grew from $3.5 billion to nearly $16 billion in six years. Now it says $30 billion by 2030 is conservative.

Fortune · May 6

Denmark presses pause on new data center grid connections as total requests hit 60 GW — Nordic nation is the latest to put the brakes on AI buildouts

Denmark's Energinet grid operator has pressed pause on new connection requests in the country as potential new data centers and other installations put total demands of up to 60 GW on its docket.

Tom’s Hardware · May 6

Microsoft ends Copilot AI on Xbox to help 'get the business back on track,' as new CEO simultaneously welcomes AI executives into the fold

Asha Sharma has appointed a number of her former fellows from Microsoft's CoreAI division to leadership positions at Xbox.

PC Gamer · May 5

New Xbox CEO replaces 24-year Microsoft employees with former CoreAI, Meta, Instacart execs to "evolve how we work"

Xbox continues to change

GamesRadar · May 5