AI Summary
- Mark Carney is set to be sworn in as Canada’s Prime Minister, aiming to reshape the country’s response to U.S. trade policies under President Trump.
- South Korea’s acting president focuses on maintaining strong ties with the U.S. amidst previous tensions caused by his predecessor's controversial policies.
- U.S. natural gas futures decline as warmer weather forecasts predict reduced demand, marking a pivot from previous highs.
- Tariff conflicts continue to escalate, as Canada retaliates with 25% tariffs on $21 billion worth of U.S. goods, while Trump threatens sanctions against Russia.
- Global inflation rates are showing signs of easing, with the U.S. rate dropping to 2.8%, raising hopes for potential interest rate cuts from central banks.
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CNBC
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Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%
cnbc.com
3 hours ago
Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.
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U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
cnbc.com
6 hours ago
The U.S. debt and deficit problem worsened during President Donald Trump's first month in office.
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Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.
cnbc.com
2 hours ago
Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff threats create uncerta…
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FTC reverses course, says it has resources to pursue Amazon deceptive practices case
cnbc.com
3 hours ago
The FTC said it will meet the deadlines for its Amazon Prime deceptive practices case, hours after requesting a delay due to resource constrai…
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American Eagle says consumer is slowing down, issues weak guidance
cnbc.com
2 hours ago
American Eagle warned that consumers are slowing down as recession fears swirl.
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'Volatility and conflict’: Business leaders sound warnings over Trump's tariffs
cnbc.com
an hour ago
Ray Dalio warned of "fighting" between countries over tariffs, while Marc Benioff said reciprocity needs to be consistent or risk "volatility …
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Shares of iRobot tank 30% after Roomba maker raises doubt about its survival
cnbc.com
4 hours ago
The Roomba maker faces mounting debt and sputtering revenue growth, as well as heightened competition from robotic vacuum makers based in Chin…
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Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
cnbc.com
10 hours ago
Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy…
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Here’s the inflation breakdown for February 2025 — in one chart
cnbc.com
3 hours ago
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.
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Take a look inside the world's largest 3D printed housing development
cnbc.com
6 hours ago
The world's largest 3D printed community is now open and mostly sold. Take a look inside the homes and hear from residents about what it's lik…
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Fed rate cuts could ward off a serious recession, Jim Cramer says
cnbc.com
2 hours ago
CNBC's Jim Cramer analyzed Wednesday's market action.
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'God used Donald Trump to save me': Ex-Tenn. senator gets pardon 15 days after entering prison
cnbc.com
5 hours ago
The pardon by Trump came after the top pardon attorney at the DOJ said she had been fired after restoring the gun rights of actor Mel Gibson.
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China's DeepSeek moment to risks of groupthink: What tech leaders are saying on AI right now
cnbc.com
an hour ago
The future of artificial intelligence is dominating discussions at CNBC's CONVERGE LIVE in Singapore.
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Tesla investor survey shows 85% believe Elon Musk's politics are having 'negative' or 'extremely negative' impact on company
cnbc.com
9 hours ago
The poll is the latest sign of mounting frustration with the billionaire entrepreneur as he's become a rising politic figure.
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BofA says this tech stock can work even in a recession. We just bought more shares
cnbc.com
4 hours ago
Salesforce should be able to continue to grow despite the impact of tariffs and a possible recession.
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How Lead Bank CEO Jackie Reses rose from 'a pretty gritty childhood' to Goldman Sachs, Square and top of U.S. fintech
cnbc.com
7 hours ago
Lead Bank CEO Jacqueline Reses says her independent life started at age 14, and she's never looked back, from early days at Goldman Sachs to t…
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Inflation rate eased to 2.8% in February, lower than expected
cnbc.com
10 hours ago
The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.
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While stockholders lose money, volatility traders are making it hand over fist
cnbc.com
4 hours ago
Big drops in the stock market have led to major gains for the Cboe Volatility Index, which is now up 52% over the past month.
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Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
cnbc.com
5 hours ago
Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum d…
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Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments'
cnbc.com
9 hours ago
Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking develo…
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The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
cnbc.com
5 hours ago
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.
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Google's DeepMind says it will use AI models to power physical robots
cnbc.com
7 hours ago
Google is taking its DeepMind artificial intelligence technology models into the physical world to power robots.
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Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
cnbc.com
6 hours ago
Spotify wrote in its annual Loud and Clear Report that nearly 1,500 artists generated more than $1 million in royalties in 2024.
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Tesla bounces for second day after steepest drop since 2020
cnbc.com
4 hours ago
The electric vehicle company has shed more than 40% in market value since President Donald Trump took office.
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'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers
cnbc.com
11 hours ago
American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.
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RFK Jr. pressures Big Food to remove artificial dyes in meeting with CEOs
cnbc.com
10 hours ago
Health Secretary Robert F. Kennedy Jr. told top food CEOs that he wants "the worst ingredients" out of food.
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This step is ‘really important’ if you plan to sell your home in 2025, economist says
cnbc.com
6 hours ago
Selling your house takes more than just putting up a “for sale” sign. Getting the right asking price is a really important step, experts say.
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Senators to Trump Social Security nominee: 'You will be responsible' if benefits are interrupted
cnbc.com
6 hours ago
As the Social Security Administration cuts staff, that could impact the agency's ability to pay millions of benefit checks each month, Democra…
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We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
cnbc.com
7 hours ago
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response…
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Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week
cnbc.com
13 hours ago
Mortgage demand for both homebuying and refinancing reacted to yet another drop in mortgage rates, which are now down for the sixth straight w…