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on 05/16/2026

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.

on 05/15/2026

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.

on 05/16/2026

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.

on 05/16/2026

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.

on 05/16/2026

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.

on 05/15/2026

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.

on 05/16/2026

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.

on 05/15/2026

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.

on 05/15/2026

Maine might boot Sen. Susan Collins. It could hurt the state's wallet for years

Sen. Susan Collins is the lone New England Republican left in Congress and chairs the Senate Appropriations Committee.

on 05/16/2026

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.

on 05/15/2026

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.

on 05/15/2026

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.

on 05/15/2026

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.

on 05/15/2026

Stephen Miran exits the Fed. How he set the stage for Kevin Warsh.

The outgoing Fed governor shares big ideas with the incoming chair.

on 05/15/2026

Can the S&P 500 hold on for a 7th weekly gain? Plus, Friday's best and worst stocks

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

on 05/15/2026

How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher

China and the U.S., the world's two largest economies, wield great influence over the oil market and are using it to help plug the supply gap.

on 05/15/2026

Chinese EVs are coming to Canada, and some dealers can't wait to sell them

Canada is allowing 49,000 Chinese-made electric vehicles to be imported for retail sales annually at a tariff rate of 6.1%.

on 05/15/2026

NFL wants certain trading contracts banned from prediction markets like 'first play of game,' injuries

The letter, which was reviewed by CNBC, calls for banning certain contracts and raising the age requirements for participation on sports-related contracts.

on 05/15/2026

Inflation rate projected to hit 6% in the second quarter, top economic forecasters say

The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday.

on 05/15/2026

Starbucks to lay off 300 U.S. employees, shutter some regional support offices

Starbucks said the moves will help the coffee chain return to profitable growth.

on 05/15/2026

Exxon's once-hefty dividend is now tiny. Here's how to fix that

on 05/15/2026

Bristol Myers Squibb turns to China to develop new drugs in newest cross-continent collaboration

U.S. drugmaker Bristol Myers Squibb inked a partnership with a Chinese company that some say could mark the next wave of collaboration across continents.

on 05/15/2026

Trump-Xi summit: The 3 big takeaways from historic meeting in Beijing

The two-day meeting wrapped up Friday, setting the tone for further U.S.-China talks this year.

on 05/15/2026

Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms

Reasons for the job declines vary by automaker, but are generally tied to evolving technological changes in the industry — including the rise of AI.