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Trump says U.S. struck trade deal with Vietnam that imposes 20% tariff on its imports

by CNBC Markets | July 3, 2025 2:04 am | US Markets

Vietnam, whose exports to the U.S. reportedly comprised 30% of its gross domestic product last year, is especially vulnerable to Trump’s tariffs.

With June jobs report looming, DOGE government layoffs could start becoming a factor

by CNBC Markets | July 3, 2025 2:04 am | US Markets

A gradual pullback in hiring and job openings has come as hundreds of thousands of federal workers are out looking for employment.

Amazon to shut down Freevee streaming TV service in August

by CNBC Markets | July 3, 2025 2:04 am | US Markets

Freevee was originally born out of IMDb, the TV and movie service Amazon acquired in 1998.

Trump’s deportations are hurting Constellation Brands’ beer sales

by CNBC Markets | July 3, 2025 1:04 am | US Markets

The brewer, which owns Modelo, Corona and Pacifico, says that roughly half of its beer sales come from Latinos in the U.S.

On the hunt for cheap stocks due for a second half bounce with Morningstar

by CNBC Markets | July 2, 2025 10:05 pm | US Markets

Traders are starting to rotate into a sector that looks very cheap after its underperformance this year.

Trump announces Vietnam trade deal, 20% tariff on its imports to U.S.

by CNBC Markets | July 2, 2025 9:10 pm | US Markets

President Donald Trump said the United States has struck a trade deal with Vietnam.

Elon Musk’s X is down for some users

by CNBC Markets | July 2, 2025 8:05 pm | US Markets

Elon Musk’s social media platform X was hit with an outage, leaving some users unable to load the site.

House Republicans race to pass Trump’s megabill amid GOP divisions

by CNBC Markets | July 2, 2025 8:05 pm | US Markets

Speaker Mike Johnson can lose just three members’ votes and still pass the bill in a party-line vote. But more than a dozen Republicans are currently “no’s.”

Homeowner’s insurance premiums vary widely from state to state. But they are all going up

by CNBC Markets | July 2, 2025 7:05 pm | US Markets

Homeowner’s insurance premiums are going up as increasingly severe storms and other disasters, combined with rising housing costs, are pushing rates higher.

Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop

by CNBC Markets | July 2, 2025 7:05 pm | US Markets

Tesla reported another year-over-year decline in vehicle deliveries as the company faces increased competition from lower-cost rivals.

Microsoft laying off about 9,000 employees in latest round of cuts

by CNBC Markets | July 2, 2025 7:05 pm | US Markets

Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies.

The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says

by CNBC Markets | July 2, 2025 6:06 pm | US Markets

Economists polled by Dow Jones forecasted an increase of 100,000 for the month.

Stock futures inch higher after tech slide to start the second half: Live updates

by CNBC Markets | July 2, 2025 5:05 pm | US Markets

Traders began the second half of 2025 with a rotation away from tech highflyers.

House Republicans don’t have the votes yet to pass Trump’s megabill

by CNBC Markets | July 2, 2025 5:05 pm | US Markets

It’s unclear how many House Republicans are firm no’s and how many are wavering. But Speaker Mike Johnson does not have a lot of wiggle room.

Mortgage refinance demand surges, as interest rates drop further

by CNBC Markets | July 2, 2025 5:05 pm | US Markets

Mortgage rates continued to fall, causing more homeowners to apply to refinance at those lower rates. Homebuyers, however, were less impacted by lower rates.

Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries

by CNBC Markets | July 2, 2025 6:06 am | US Markets

Tesla shares dropped 7% from Friday’s closing price of $323.63 to the $300.71 close on Tuesday ahead of the company’s second-quarter deliveries report.

Jeff Bezos sells $737 million worth of Amazon shares

by CNBC Markets | July 2, 2025 4:03 am | US Markets

The sale is part of a prearranged trading plan that will let Amazon founder Jeff Bezos sell up to 25 million shares through May 2026.

House Republicans take up Trump’s megabill, but don’t yet have the votes to pass it

by CNBC Markets | July 2, 2025 3:04 am | US Markets

It’s unclear how many House Republicans are firm no’s and how many are wavering. But Speaker Mike Johnson does not have a lot of wiggle room.

GOP Sen. Murkowski cast crucial vote for Trump’s megabill after getting key carveout

by CNBC Markets | July 2, 2025 3:04 am | US Markets

Alaska Sen. Lisa Murkowski’s vote for Trump’s megabill gave Republicans the 50 votes they needed for Vice President JD Vance a cast the tiebreaker and pass it.

Modelo owner Constellation Brands misses on earnings as aluminum tariffs hit profitability

by CNBC Markets | July 2, 2025 2:04 am | US Markets

Constellation Brands missed Wall Street’s estimates for quarterly earnings and revenue, as the Modelo owner saw lower demand and paid higher aluminum tariffs.
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