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‘Collateral damage’: Fund managers lobby Congress over Section 899 to avert foreign investors leaving the U.S.

by CNBC Markets | June 10, 2025 2:06 pm | US Markets

The Investment Company Institute says President Donald Trump’s tax bill impacts most foreign investments in U.S. stocks, according to documents seen by CNBC.

China’s rare-earth mineral squeeze puts defense giants in the crosshairs

by CNBC Markets | June 10, 2025 2:06 pm | US Markets

The auto industry has been hit particularly hard by China’s rare earth export restrictions, but analysts warn Western defense giants are also vulnerable.

Apple’s WWDC underwhelms on AI, but software gets biggest facelift in over a decade

by CNBC Markets | June 10, 2025 6:06 am | US Markets

Apple investors waiting for the company to make a big push in artificial intelligence didn’t have much reason for excitement at WWDC.

Sly Stone, funk pioneer and frontman of Sly and the Family Stone, dies at 82

by CNBC Markets | June 10, 2025 4:04 am | US Markets

His family said Stone died of chronic obstructive pulmonary disease (COPD) and other underlying health issues.

FDA approves Merck’s RSV shot for infants, ramping up competition with Sanofi and AstraZeneca

by CNBC Markets | June 10, 2025 2:04 am | US Markets

Merck’s shot will compete against a similar blockbuster treatment from Sanofi and AstraZeneca called Beyfortus.

WWDC25 live updates: Apple announces ChatGPT-enhanced Image Playground app

by CNBC Markets | June 10, 2025 12:04 am | US Markets

Apple and CEO Tim Cook will announce new versions of its operating systems for iPhones, iPads, Macs, TV and Watch.

Ron Insana: Trump’s spending bill unlikely to generate the economic boom he promised

by CNBC Markets | June 10, 2025 12:04 am | US Markets

President Donald Trump is once again predicting an economic boom the likes of which the U.S. has never before seen.

OpenAI hits $10 billion in annual recurring revenue fueled by ChatGPT growth

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

OpenAI is now generating $10 billion in annual recurring revenue, according to a company spokesperson

‘Trump accounts’: President, CEOs to promote infant savings plans at White House

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

The Trump accounts are part of the major budget bill containing much of President Donald Trump’s agenda, which House Republicans passed last month.

WWDC25 live updates: Apple to announce iOS 26, AI developments

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

Apple and CEO Tim Cook will announce new versions of its operating systems for iPhones, iPads, Macs, TV and Watch.

Stocks rise as Wall Street awaits details from U.S.-China trade talks: Live updates

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

Stocks were little changed Monday as traders looked for details on the latest U.S.-China trade talks.

California Gov. Newsom plans to sue Trump over National Guard deployment to LA protests

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

Trump is “unhinged right now,” Gov. Gavin Newsom said, accusing the president of making the situation in LA worse by federalizing National Guard troops.

Warner Bros. Discovery split throws the future of TNT Sports into question

by CNBC Markets | June 9, 2025 10:06 pm | US Markets

Warner Bros. Discovery CEO David Zaslav suggests TNT Sports may move away from HBO Max in the future.

‘Trump accounts’: CEOs to unveil investments for newborns at White House

by CNBC Markets | June 9, 2025 10:05 pm | US Markets

The Trump accounts are part of the major budget bill containing much of President Donald Trump’s agenda, which House Republicans passed last month.

Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows

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

The one-year inflation outlook took a substantial dip, down to 3.2% — a 0.4 percentage point decrease from April.

Vantage raises $820 million in a first-of-its-kind cloud and AI data center deal in Europe

by CNBC Markets | June 9, 2025 8:06 pm | US Markets

Vantage Data Centers raised 720 million euros in an asset-backed securitization (ABS) deal, the first ever euro-denominated with data center assets in Germany.

Photos show Waymo vehicles on fire during LA protests as company cuts service

by CNBC Markets | June 9, 2025 8:06 pm | US Markets

In one photo, at least five Waymo robotaxis can be seen engulfed in flames, with anti-Immigration and Customs Enforcement graffiti scrawled on the doors.

Chipotle to launch Adobo Ranch dip after sluggish start to the year

by CNBC Markets | June 9, 2025 6:06 pm | US Markets

Adding Adobo Ranch to one of Chipotle’s burrito bowls will cost 75 cents extra.

Warner Bros. Discovery to split into two public companies by next year

by CNBC Markets | June 9, 2025 6:06 pm | US Markets

The move comes as consumers cut cords from their cable plans and companies focus on streaming.

China and U.S. trade officials to hold talks in London

by CNBC Markets | June 9, 2025 1:08 pm | US Markets

U.S. President Donald Trump’s top trade officials are meeting with their Chinese counterparts in London on Monday for talks.
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