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Tech megacaps lose $770 billion in value as Nasdaq suffers steepest drop since April

by CNBC Markets | October 11, 2025 3:09 am | US Markets

Nvidia dropped almost 5%, pacing a steep decline in tech stocks, after President Trump threatened more tariffs on China.

Trump puts extra 100% tariff on China imports, adds export controls on ‘critical software’

by CNBC Markets | October 11, 2025 3:07 am | US Markets

President Trump retaliated against China’s export controls on rare earths after suggesting he also would cancel a meeting with Chinese President Xi Jinping.

Spirit Airlines wins approval for $475 million lifeline in bankruptcy court

by CNBC Markets | October 11, 2025 2:04 am | US Markets

Spirit Airlines will get a $475 million lifeline from its bondholders and another $150 million from an aircraft lessor.

Airlines tell passengers to prepare for delays as government shutdown continues

by CNBC Markets | October 11, 2025 2:04 am | US Markets

Air traffic control staffing shortages have driven up some flight delays at U.S. airports this week.

Qatar Air Force facility to be built at USAF base in Idaho, Defense Secretary Hegseth says

by CNBC Markets | October 11, 2025 2:04 am | US Markets

Hegseth The Defense secretary made the announcement at a Pentagon press conference with Sheikh Saoud bin Abdulrahman Al Thani, Qatar’s defense minister.

Wall Street’s momentum into next week gets spoiled by tariff concerns, with earnings looming

by CNBC Markets | October 11, 2025 1:05 am | US Markets

A resurgence in trade tensions between the U.S. and China squeezed some of the excess out of an enthusiastic market and put investors on guard as big banks report.

Trump nominee Paul Ingrassia reportedly accused of sexual harassment

by CNBC Markets | October 11, 2025 12:05 am | US Markets

Paul Ingrassia, Trump’s nominee to lead the Office of Special Counsel, has been accused of sexual harassment, according to a report from Politico.

Trump administration begins layoffs of federal workers amid government shutdown

by CNBC Markets | October 10, 2025 11:10 pm | US Markets

The Trump administration and Republicans have sought to blame Democrats for the government shutdown, and any negative fallout from it.

Dow drops 500 points as sell-off intensifies after Trump’s critical comments about China

by CNBC Markets | October 10, 2025 9:10 pm | US Markets

The Trump post sparked a rapid sell-off in stocks Friday.

Trump threatens ‘massive’ tariff hike on China over rare earths dispute

by CNBC Markets | October 10, 2025 9:10 pm | US Markets

Stock markets dropped on Trump’s bellicose Truth Social post that said China is “becoming very hostile” in seeking tough export controls on rare earths.

CPI inflation report will be released by Labor Department, while other data is delayed by shutdown

by CNBC Markets | October 10, 2025 9:09 pm | US Markets

The Labor Department will bring back staff to work on a key inflation report.

White House knocks Nobel Committee for snubbing Trump, but Peace Prize winner praises him

by CNBC Markets | October 10, 2025 9:09 pm | US Markets

Some of Trump’s Republican allies have called for him to get the Nobel Peace Prize, though the nomination deadline passed early in his current term.

The NBA returns to China — and team owners say Macao is buzzing like never before

by CNBC Markets | October 10, 2025 7:11 pm | US Markets

“As a Macao local, I can tell you, the city is buzzing like nothing before,” Boston Celtics co-owner Mario Ho told CNBC.

How federal workers became a bargaining chip in the government shutdown

by CNBC Markets | October 10, 2025 6:10 pm | US Markets

The government may fire thousands of federal workers during the shutdown, advancing the long-term goals of influential conservatives in Washington.

Fed Governor Waller sees more rate cuts but says central bank needs to be ‘cautious about it’

by CNBC Markets | October 10, 2025 6:10 pm | US Markets

Waller continues to support lowering rates but said the central bank needs to be careful amid conflicting economic signals.

Trump’s Fed chair candidates list narrowed down to five by Bessent after interviews, sources say

by CNBC Markets | October 10, 2025 5:11 pm | US Markets

Treasury plans to hold another round of interviews with all five candidates in the coming weeks and months.

China retaliates against U.S. port fees with new charges on American ships

by CNBC Markets | October 10, 2025 5:10 pm | US Markets

The move comes a day after China ramped up restrictions on rare earths exports amid ongoing tensions with the U.S.

Shaq, Sam Altman-backed college startup Campus taps former Meta AI head as CTO

by CNBC Markets | October 10, 2025 5:10 pm | US Markets

As part of the deal, Campus will buy Pesenti’s artificial intelligence learning platform Sizzle AI for an undisclosed amount.

NBA looks to China for growth, renewing a foothold in its second-largest market

by CNBC Markets | October 10, 2025 5:10 pm | US Markets

The weekend marks a major milestone for the NBA, as years of rebuilding its relationship with China culminate with the Phoenix Suns and Brooklyn Nets facing off.

Here are Goldman’s top trades for earnings season

by CNBC Markets | October 10, 2025 5:09 pm | US Markets

Stocks that could rise on the back of their next quarterly earnings include Hershey and Wynn Resorts.
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