Here's what to expect from Friday's release of the April jobs report
The total picture is one of a labor market that, while undoubtedly cooling, is generally stable and resilient despite a number of challenges.
OpenAI trial: Mother of Musk's children says he offered Altman a Tesla board seat
Shivon Zilis, a former OpenAI board member who has four children with Musk, testified that the Tesla CEO wanted the AI startup to join his EV company.
Ryan Cohen's mysterious bank letter backing GameStop's eBay bid reveals a big issue with deal
The combined company would need to maintain an investment-grade credit profile, GameStop's mysterious financing letter said.
Paul Tudor Jones says U.S. is late to regulating AI: 'We should have already done it'
The U.S. is locked into a heated rivalry with China and a race to lead AI innovation.
Boeing, Citigroup CEOs set to join Trump on China visit next week
Trump's initial travel plan to China was delayed by about six weeks at the U.S.' request in light of the Iran war.
Planet Fitness stock plunges 30% after company slashes guidance, cancels planned price hikes
Shares of Planet Fitness plunged Thursday after the fitness company slashed its guidance and canceled planned price hikes.
Shake Shack shares crater 30% after burger chain reports operating loss
Shake Shack CEO Rob Lynch said winter storms and an increase to its projections for store openings this year weighed on the company's results.
Whirlpool says Iran war causing 'recession-level industry decline.' The shares are down 12%
"War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March," the company said.
How the U.S. military and Maersk got a ship to pass through the Strait of Hormuz
Maersk CEO Vincent Clerc said the shipping giant had deliberately taken a "very cautious approach" during the Middle East crisis.
France is fan favorite for the FIFA World Cup — but AI is backing another nation for glory, says BofA
The 2026 FIFA World Cup is expected to add over $40 billion to the global GDP with its most lucrative edition ever.
Kalshi traders see odds rising that a U.S.-Iran nuclear deal will be reached by 2027
It comes after Axios reported on Wednesday that the two countries were nearing a one-page memo to end their war.
McDonald's CEO says consumer spending could be 'getting a little bit worse'
Shares of McDonald's have fallen 10% over the last year, hurt by concerns about the broader economy.
Used car prices fall for the first time this year and EV interest rises as gas prices spike
Cox Automotive reports affordability remains a key concern for buyers and that's driving increased demand for older vehicles as well as all-electric vehicles.
Peloton stock rises as higher subscription prices help company drive a profitable quarter
Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move.
This 'win-win' hedge trade is getting popular with traders
The trade is fairly simple: sell downside protection in semiconductor names where volatility is expensive, and buy downside protection in the S&P 500, where it's relatively cheap.
Oil prices turn higher as U.S. waits for Iran response to deal proposal
Oil prices turned higher as investors continue to assess the latest developments in the Middle East.
Arm CEO looks to set the record straight after the stock's post-earnings tumble
Arm chief Rene Haas said he was "confident" the company would be able to secure additional supply of its new CPUs.
Trump Accounts could allow direct stock donations down the road: Reports
Trump Accounts could allow direct stock donations, according to reports. Here's what that change could mean for investors.
Maersk shares drop as CEO warns Iran war will have bigger impact in coming months
The shipping giant said the Iran war had introduced an "additional layer of uncertainty" as it reported first-quarter earnings on Thursday.
Anthropic CEO says 80-fold growth in first quarter explains 'difficulties with compute'
At Anthropic's developer conference in San Francisco, CEO Dario Amodei said the company is 'working as quickly as possible' to provide additional compute.
Goodbye quarterly earnings? Here's when traders believe this big change will happen
Traders are evenly divided as to whether the change will happen by Jan. 1. That would be an unusually fast timeline for the commission.
Gold and silver's historic rally could resume 'as fog of war lifts', market watchers say
On Thursday, spot gold jumped 1.2% to $4,750 per ounce amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.
Japan may have fired its yen bazooka twice, but markets are testing Tokyo’s resolve
Japan's Ministry of Finance has intervened in the yen over the country's Golden Week holiday.
Family office deal-making rebounds in April with healthcare bets
Healthcare startups made up nearly a third of April's investments by family offices.