Kevin Warsh comes into the Fed facing a big 'family fight' over cutting interest rates
With inflation spiking and Treasury yields surging, Warsh is likely to confront a Federal Open Market Committee in no mood to ease.
Why Taiwan became the defining issue in the Trump-Xi talks
U.S. President Donald Trump had said arms sales to Taiwan would be on the agenda for his talks with Chinese President Xi Jinping which ended Friday.
Trump went big on tech stocks in first quarter of 2026, new filings show
Trump bought shares of Amazon, Meta, Oracle, Broadcom, Motorola and Dell worth millions, new ethics disclosure filings show.
For better or worse, investors are living through Trump’s stock market. Here's why
President Donald Trump has been considered the ultimate stock market president, overseeing an expansion to record highs as well as major declines.
Global oil stockpiles could hit record lows if Strait of Hormuz remains closed
The world's oil stockpiles could approach all-time lows by the end of May due to the Strait of Hormuz closure, according to UBS.
UAE says its decision to leave OPEC was a strategic economic move, not a political one
The United Arab Emirates, which joined OPEC in 1967, announced last month it was leaving the oil producer group on May 1.
Creator content made the main stage at TV's 'upfront' pitches — and not just for YouTube
In media companies' annual pitch to advertisers this week, creator content played a bigger role as a new category for reaching younger audiences.
This federal program trains older workers. The Trump administration wants to cut it
The Senior Community Service Employment Program provides older, low-income individuals with an opportunity to train for work. But its future is uncertain.
Meet the pilots flying Spirit Airlines' yellow jets to the desert
Special pilots have been moving Spirit's fleet of yellow jets to the desert.
Cerebras' blockbuster IPO boosts hype for SpaceX and OpenAI, but crowds out smaller players
After Cerebras popped in its market debut, all attention turns to SpaceX, OpenAI and Anthropic, which are already among the most valuable U.S. tech companies.
Jim Cramer fears SpaceX's IPO could be 'destructive' for the rest of market
CNBC's Jim Cramer said he is growing concerned about the speculative nature in the IPO market.
A state banquet, selfies with Musk and Huang's noodle run: The spectacle of Trump's Beijing visit
The visit was full of friendly overtures, orchestrated pageantry, business dealmaking, and headline-grabbing sideshows.
We traded our smartphones for flip phones for 4 days—and learned that ditching modern technology is harder than it sounds
Two CNBC Make It reporters used flip phones instead of smartphones for four days, as a digital detox experiment. Both say they'd do it again.
Berkshire's new CEO overhauls portfolio, dumping a slate of stocks
Berkshire Hathaway's equity portfolio got one of its biggest renovations ever during Greg Abel's first three months as the company's CEO.
Why J&J thinks its new psoriasis pill could be one of its biggest drugs ever
Investors are counting drugs like Icotyde to accelerate J&J's revenue growth rate.
Trump says China and Taiwan should 'both cool it'
President Donald Trump spoke about Taiwan after a two-day visit to China, where he said he discussed Iran, and trade deals with Chinese President Xi Jingping.
Russia's Putin to meet China's Xi in Beijing from May 19-20, Beijing and Moscow say
Putin's trip follows shortly after U.S. President Donald Trump's visit to Beijing.
Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth
Bill Ackman's Pershing Square Capital Management has built a position in Microsoft, the billionaire hedge fund manager said Friday in a post on X.
What you need to know about Nvidia competitor Cerebras after wild IPO
Nvidia competitor Cerebras made a stunning debut on Wall Street Thursday, signaling unstoppable demand for AI chips. Here's how its chips compete with Nvidia's.
FDA shuffles top drug, biologics leaders in latest shakeup
The U.S. Food and Drug Administration is shuffling its top drug and biologics regulators, days after the departure of former commissioner Marty Makary.
Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines
The Omaha-based company built a position worth more than $2.6 billion, making Delta Berkshire's 14th-largest holding at the end of March.
Trump touted Palantir on Truth Social after buying the company's stock, records show
During the first three months of the year, Trump purchased between $630,000 and $247,008 worth of Palantir stock and sold at least $1.1 million.
Traders now see next Fed interest rate move as a hike following inflation surge
The fed funds futures market is pricing in an increase as soon as December.
Democrats blast Trump over 'slush fund' in possible IRS lawsuit settlement
ABC News reported President Donald Trump could settle a lawsuit against the IRS in exchange for a $1.7 billion fund to compensate his allies.