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Jury in Harvey Weinstein sex assault retrial reach a partial verdict

by CNBC Markets | June 12, 2025 1:04 am | US Markets

The jury told the judge Wednesday they had reached a verdict on two of the counts and could not reach a verdict on the third.

Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy

by CNBC Markets | June 12, 2025 12:04 am | US Markets

Former Starbucks CEO Howard Schultz made a surprise appearance at the company’s Leadership Experience in Las Vegas.

U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago

by CNBC Markets | June 12, 2025 12:04 am | US Markets

The U.S. government drifted further into red ink during May, with a burgeoning debt and deficit issue getting worse.

Stargate partner Crusoe lands $750 million credit line for AI buildout

by CNBC Markets | June 11, 2025 11:05 pm | US Markets

Crusoe, a key player in the $500 billion Stargate project, is raising debt to help fund its buildout.

Fulbright board quits, claims Trump administration politicized scholarships

by CNBC Markets | June 11, 2025 10:05 pm | US Markets

The Fulbright Foreign Scholarship Board said State Department officials denied awards for a “substantial number” of people for the upcoming academic year.

JPMorgan’s Jamie Dimon warns U.S. economy could soon ‘deteriorate’

by CNBC Markets | June 11, 2025 9:05 pm | US Markets

“Employment will come down a little bit. Inflation will go up a little bit. Hopefully, it’s just a little bit,” Dimon said.

Here’s the inflation breakdown for May 2025 — in one chart

by CNBC Markets | June 11, 2025 9:05 pm | US Markets

Inflation was tame in May but President Trump’s tariff policy may cause consumer prices to rise noticeably heading into summer, economists said.

U.S. tariffs on China won’t change again, Lutnick says after trade talks

by CNBC Markets | June 11, 2025 9:05 pm | US Markets

Howard Lutnick said China was slow-walking key measures and the U.S. was retaliating in kind, until President Donald Trump got on the phone with Xi Jinping.

Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates

by CNBC Markets | June 11, 2025 8:06 pm | US Markets

President Donald Trump and Vice President JD Vance are now double-teaming the Fed in an effort to get lower interest rates.

How Trump agenda, from budget cuts to tariffs, is changing battle between U.S. states for business

by CNBC Markets | June 11, 2025 7:04 pm | US Markets

Trump’s budget cuts and tariff policies are creating new pressures, and opportunities, for states seeking to attract big businesses and the jobs they offer.

How we are choosing America’s Top States for Business in 2025

by CNBC Markets | June 11, 2025 7:04 pm | US Markets

CNBC’s America’s Top States for Business rankings of all 50 states is back, and Trump policies, from tariffs to budget cuts, are changing the game.

U.S. inflation rises 0.1% in May from prior month, less than expected

by CNBC Markets | June 11, 2025 6:06 pm | US Markets

The consumer price index was expected to rise 0.2% in May, with a 12-month inflation rate of 2.4%.

Trump says China will supply rare earths in ‘done’ deal

by CNBC Markets | June 11, 2025 6:06 pm | US Markets

U.S. President Donald Trump said full magnets and “any necessary rare earths” will be supplied up front by China as part of a trade agreement.

Stock futures slip as U.S. and China agree to framework for future trade talks: Live updates

by CNBC Markets | June 11, 2025 5:09 pm | US Markets

The S&P 500 finished higher on Tuesday for a third straight session, with trade talks between the U.S. and China still ongoing in London.

Mortgage demand rises to the highest level in over a month, after holiday adjustment

by CNBC Markets | June 11, 2025 5:09 pm | US Markets

Mortgage rates rose very slightly during the holiday-shortened week, but mortgage demand took a significant leap higher.

Trump admin tells immigration judges to dismiss cases in tactic to speed up arrests

by CNBC Markets | June 11, 2025 5:09 pm | US Markets

The judges, who work for the executive branch, have been instructed to grant dismissals quickly; ICE has been arresting people after their cases are dismissed.

Gavin Newsom locks horns with Trump in a politically defining moment

by CNBC Markets | June 11, 2025 9:04 am | US Markets

Newsom’s 2028 presidential aspirations hang in the balance as the eyes of the nation are on California’s clash with immigration authorities.

Elon Musk says Tesla robotaxi rides in Austin ‘tentatively’ set to begin June 22

by CNBC Markets | June 11, 2025 7:06 am | US Markets

Tesla CEO Elon Musk said in a post on X on Tuesday that the first self-driving Tesla will reach a customer’s house on June 28.

China-U.S. agree on framework to implement Geneva trade consensus after second day of London talks

by CNBC Markets | June 11, 2025 6:07 am | US Markets

The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London, according to an NBC transcript.

A frustrated Zuckerberg makes his biggest AI bet as Meta nears $14 billion stake in Scale AI, hires founder Wang

by CNBC Markets | June 11, 2025 6:07 am | US Markets

Meta’s Mark Zuckerberg is bringing in Scale AI CEO Alexandr Wang to help the social media company better execute on its AI ambitions.
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