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The Latest Breaking News from CNBC

‘They always say that. We want clarity’: Trump mocks desperate CEOs as his 50+ tariff reversals send markets into meltdown

50 flip-flops and counting.

We Got This Covered

While Walmart Buckles, Home Depot Holds the Line on Prices

Home Depot's bold move to absorb tariff costs and maintain prices sets it apart from competitors like Walmart. Can this retail giant win customer loyalty in a high-cost world?

International Business Times UK

Cadillac's EVs Are Seriously Poaching Tesla Owners

About 8 out of 10 Cadillac EV buyers are new to the brand. Also, Honda wants to wait out the U.S. government and hope the trade situation improves.

InsideEVs

From analysis to the latest developments in health,
read the most diverse news in one place.

Elon Musk Claims 'Major Rebound' After Disappointing Tesla Sales

Elon Musk said people don’t care about the political views of a company’s CEO. The numbers say otherwise.

InsideEVs

Tesla Robotaxi Fleet Will Have '10 To 12 Cars' At First: Musk

Tesla’s CEO said that the current test fleet, which has safety drivers, has had “essentially no interventions.”

InsideEVs

Keke Palmer became a millionaire at 12—but even with $1 million, she’d still only pay $1,500 in rent and drive a Lexus: 'I live under my means'

Other successful elites like Warren Buffett, Mitzi Perdue, and Mark Cuban live under their means in quaint houses and apartment rentals.

Fortune

Walmart responds after Trump says retail chain should absorb his tariff cost

The largest retailer in the U.S. said it would keep prices low for as long as possible

The Independent UK

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Made in the USA: Donald Trump's 100% American-Made Car Dream Collides with Costly Reality

Experts warn that 100% made-in-the-US cars won't be cheap. Here's how much they could cost.

International Business Times UK

Take-Two CEO stresses that GTA 6's delay is necessary to 'make the best thing anyone's ever seen' even though he doesn't 'play videogames at all'

"I'm not the Consumer-in-Chief."

PC Gamer

Jim Cramer is ‘Sick of’ Super Micro Computer Stock. Should You Sell SMCI Now?

Jim Cramer’s blunt critique has intensified doubts around Super Micro, leaving investors to wonder if it’s time to finally say goodbye to SMCI stock.

Barchart

Trump orders Walmart to ‘eat the tariffs’ and stop blaming his trade war for rising prices: ‘I’ll be watching’

President lashes out at world’s largest retailer despite claiming his tariffs are tax on foreign countries not U.S. consumers

The Independent UK

U.S. stocks are nearing record highs again after a furious rally — 'this market could surprise everyone'

The S&P 500 is 3% below its peak set in mid-February, when Trump launched a global trade war that began with tariffs on Canada and Mexico.

Fortune

44 Failed Shark Tank Ideas That Had The Sharks Regretting Everything

They learned some lessons for sure!

Bored Panda

Walmart's CEO gets honest about Trump's tariff reality: Prices are still going up despite the China trade war pause

Doug McMillon admitted on Thursday that even reduced China tariffs are too much for the country's largest retailer to absorb.

Fortune

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Windows Central

Microsoft plans to lay off 3% of its workforce, reportedly targeting management cuts as it changes to fit a "dynamic marketplace"

Microsoft is laying off 3% of its employees worldwide, with job cuts reportedly targeting layers of management.

International Business Times UK

Wall Street Analysts Divided Over Impact Of US-China Trade Deal

A 90-day tariff cut between the US and China boosts stocks, yet Wall Street debates growth prospects against inflation risks.

Motor1

Bad News: A Corvette-Based Cadillac Won't Happen

Cadillac isn't the same brand it was 20 years ago. Its post-recession revival focused on ensuring its models were truly distinct from the other products within General Motors' portfolio. That wasn't the exact mentality at the company in the early 2000s when it developed the XLR as a secondary vehicle…

Fortune

Stocks surge after U.S. and China agree to 90 day tariff reduction, Apple up over 6%

Markets soared on the news, though exact details still have to be ironed out.

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news in one place.

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One news app.

Fortune

The U.S. doesn't want 'generalized decoupling' from China, but a strategic break instead, Treasury secretary says

"But what we do want is a decoupling for strategic necessities, which we were unable to obtain during COVID."

Windows Central

US and China agree to pause most tariffs for 90 days — how will this affect tech prices?

The United States and China have agreed to pause most tariffs for 90 days. The governments of both countries are reportedly likely to meet again to discuss further plans.

Motor1

Even Hot Wheels Could Get a Price Hike From Trump's Tariffs

Hot Wheels toys could become far more expensive if President Trump has his way. On Thursday, the President threatened to enact a 100-percent tariff on Mattel, Hot Wheels' parent company, after its CEO promised to diversify its production to other countries (but not the United States).

Roll Call

The possible source of Trump’s false $2 gasoline claim - Roll Call

President Donald Trump's claims that gasoline is $1.98 a gallon misconstrues the price of what drivers actually pay at the pump.

Salon

Senate Dems stop Trump's big crypto bill

The landmark legislation failed to advance in the Senate because of the president's growing crypto empire

Fortune

Uber CEO says employees have to 'make a choice' over RTO mandate

Uber CEO Dara Khosrowshahi is standing by the company's recent changes to employee benefits despite backlash from workers.

Fortune

Pandora CEO says producing jewelry in America 'simply won't work': 'I can't find that amount of talent that actually has this craft experience in the U.S.'

The U.S. jewelry company employs nearly 15,000 Thai workers to produce its charm bracelets and rings.

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