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In Trump’s market, oil and gas stocks have not been the big energy winners

by CNBC Markets | August 28, 2025 10:15 pm | US Markets

Utilities stocks have been a better bet than oil and gas stocks, even as the Trump administration promotes a fossil-fuel centered energy policy.

Pending home sales tick lower in July as canceled contracts spike

by CNBC Markets | August 28, 2025 9:06 pm | US Markets

Redfin found 15% of contracts were canceled in July, the highest rate since it began tracking the metric in 2017.

U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought

by CNBC Markets | August 28, 2025 8:11 pm | US Markets

Consumer spending helped push the number higher, rising by 1.6% compared to an initial 1.4% estimate.

Fed Governor Lisa Cook sues Trump to block her firing

by CNBC Markets | August 28, 2025 7:10 pm | US Markets

The Supreme Court is likely to resolve the question of whether President Trump had legal cause to remove the Federal Reserve Board member.

Nvidia stock turns positive as investors buy post-earnings dip

by CNBC Markets | August 28, 2025 7:09 pm | US Markets

Nvidia stock turned positive on Thursday after the chipmaker reported better-than-expected earnings and revenue for the fiscal second quarter.

Nvidia beats on top and bottom lines. Here’s why the stock is falling

by CNBC Markets | August 28, 2025 10:25 am | US Markets

Nvidia said sales growth this quarter will remain above 50%, signaling to Wall Street that demand for AI infrastructure shows no sign of fading.

Microsoft fires two employees over breaking into its president’s office

by CNBC Markets | August 28, 2025 10:25 am | US Markets

The protesters, affiliated with the group No Azure for Apartheid, gained entry into Smith’s office and had demanded that Microsoft end its direct and indirect support to Israel.

White House fires CDC director Monarez after she refuses to resign; 4 top health officials quit

by CNBC Markets | August 28, 2025 8:09 am | US Markets

Susan Monarez, a longtime federal government scientist, was sworn in on July 31.

Nvidia CEO Huang says bringing Blackwell AI chip to China ‘is a real possibility’

by CNBC Markets | August 28, 2025 5:04 am | US Markets

Huang predicted the artificial intelligence market in the world’s second-biggest economy will grow 50% next year.

How China’s electric vehicle juggernaut is reshaping the global car market

by CNBC Markets | August 28, 2025 5:04 am | US Markets

The speed of China’s electric vehicle revolution has caught many off guard.

CDC director Susan Monarez ousted, four other leaders quit health agency

by CNBC Markets | August 28, 2025 4:04 am | US Markets

Susan Monarez, a longtime federal government scientist, was sworn in on July 31.

Nvidia beats on top and bottom lines as data center revenue surges 56%

by CNBC Markets | August 28, 2025 2:03 am | US Markets

There are two big questions about the future of Nvidia’s data center business that analysts are looking at.

Google has eliminated 35% of managers overseeing small teams in past year, exec says

by CNBC Markets | August 28, 2025 1:03 am | US Markets

In Google’s continuing effort to run more efficiently, the company has been getting rid of managers who oversee fewer than three people.

Gusto agrees to buy retirement plan provider Guideline

by CNBC Markets | August 27, 2025 10:10 pm | US Markets

Gusto, which offers payroll and human resources software, has agreed to acquire Guideline, a startup that provides 401(k) plans to small businesses.

Nvidia reports second-quarter earnings after the bell

by CNBC Markets | August 27, 2025 10:09 pm | US Markets

There are two big questions about the future of Nvidia’s data center business that analysts are looking at.

Shooter at Minneapolis Catholic school is contained, city says

by CNBC Markets | August 27, 2025 9:08 pm | US Markets

An active shooter who targeted Annunciation Catholic School in Minneapolis has been contained, the city said.

Trump White House pressures Fed governor Lisa Cook to go on leave as lawsuit looms

by CNBC Markets | August 27, 2025 8:09 pm | US Markets

Kevin Hassett, President Donald Trump’s top economic advisor, comments come amid a brewing legal battle between Cook and the Trump administration.

Feds fail to get indictment against DC sandwich thrower fired by DOJ: Report

by CNBC Markets | August 27, 2025 8:09 pm | US Markets

Sean Charles Dunn was fired from his job at the Department of Justice after the sub-chucking incident, which was caught on video.

MongoDB stock surges 30% after earnings as company touts customer growth boom

by CNBC Markets | August 27, 2025 7:09 pm | US Markets

The company said it added more than 5,000 customers year to date, “the highest ever in the first half of the year.”

Fed’s John Williams stresses independence as Trump moves to fire Lisa Cook

by CNBC Markets | August 27, 2025 7:09 pm | US Markets

The influential policymaker avoided commenting directly on Trump’s efforts to fire Cook.
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