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Nintendo delays Switch 2 pre-orders because of Trump tariffs

by CNBC Markets | April 4, 2025 10:04 pm | US Markets

Pre-orders of the new Nintendo console were supposed to start next week.

Powell sees tariffs raising inflation and says Fed will wait before further rate moves

by CNBC Markets | April 4, 2025 10:04 pm | US Markets

Powell said the Fed faces a “highly uncertain outlook” because of the new reciprocal levies the president announced Wednesday

U.S. energy secretary’s former company crushed by oil sell-off after Trump tariff escalation

by CNBC Markets | April 4, 2025 9:00 pm | US Markets

Liberty Energy shares have tumbled as the firm founded by President Donald Trump’s energy secretary Chris Wright comes under heavy selling pressure.

Tariffs will drive up the cost of airplanes, the United States’ star export

by CNBC Markets | April 4, 2025 9:00 pm | US Markets

Airplanes engines and other aerospace parts would get more expensive under the new tariffs.

Watch Fed Chair Jerome Powell speak live on interest rates and tariffs

by CNBC Markets | April 4, 2025 9:00 pm | US Markets

Powell speaks Friday to the Society for Advancing Business Editing and Writing conference in Arlington, Va.

South and Midwest brace for more historic rains and severe flooding in deadly multiday storm system

by CNBC Markets | April 4, 2025 9:00 pm | US Markets

The 36-hour period from Friday evening into Sunday morning will be the most dangerous, as an additional 6 to 12 inches of rain will fall over already drenched areas.

Trump’s tariffs could set U.S. tech industry back a decade as China takes lead, says Dan Ives

by CNBC Markets | April 4, 2025 8:04 pm | US Markets

Retaliatory tariffs may cause serious damage for the U.S. tech industry, according to the Wedbush analyst.

Traders betting Fed will cut rates at least 4 times this year to bail out economy

by CNBC Markets | April 4, 2025 8:04 pm | US Markets

Data from the CME Group on Friday showed raised odds the federal funds rate will fall to 3.00% to 3.25%, down from 4.25% to 4.50% where it is currently.

China tariff live updates: Trump vows his policies will ‘never change’ after China retaliates

by CNBC Markets | April 4, 2025 7:05 pm | US Markets

China retaliated against Trump’s tariffs with its own 34% levy. U.S. markets dropped on the news.

U.S. payrolls rose by 228,000 in March, but unemployment rate increases to 4.2%

by CNBC Markets | April 4, 2025 7:05 pm | US Markets

Nonfarm payrolls were expected to grow by 140,000 in March while the unemployment rate would hold steady at 4.1%.

Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs

by CNBC Markets | April 4, 2025 6:04 pm | US Markets

Shares of some of the world’s biggest car brands traded sharply lower on Friday, extending steep losses from the previous session.

As Microsoft turns 50, Nadella sees future success built on ability to ‘win the new’

by CNBC Markets | April 4, 2025 6:04 pm | US Markets

Microsoft is in a strong position 50 years into its existence, but regulations and competitive pressures in artificial intelligence challenge future growth.

National Security Agency chief and deputy director dismissed

by CNBC Markets | April 4, 2025 5:04 pm | US Markets

Air Force Gen. Timothy Haugh had been both the head of U.S. Cyber Command and the director of the NSA, a role he’d held since February 2024.

Dow futures fall after tariffs push market to biggest losses since 2020: Live updates

by CNBC Markets | April 4, 2025 12:04 pm | US Markets

The three major indexes are on track to end the week down after Thursday’s steep drop.

Trump tariff live updates: President says he’s open to negotiations, contradicting White House aides

by CNBC Markets | April 4, 2025 3:03 am | US Markets

Trump’s tariff fallout starts with layoffs, price hikes and trade war tensions, driving broad market sell-off

Trump administration lifts sanctions on wife of Putin ally Boris Rotenberg

by CNBC Markets | April 4, 2025 3:03 am | US Markets

Karina Rotenberg and her husband were placed on a sanctions list by the Biden adminstration after Russia invaded Ukraine.

Dow nosedives 1,600 points, S&P 500 and Nasdaq drop the most since 2020 after Trump’s tariff onslaught

by CNBC Markets | April 4, 2025 2:04 am | US Markets

Thursday saw further volatility roil markets in light of Trump’s raft of tariffs. The major averages suffered their worst days since 2020.

Apple suffers steepest drop in 5 years as Trump tariffs threaten supply chain

by CNBC Markets | April 4, 2025 2:04 am | US Markets

Apple has warned that tariffs could hurt its business, prompt it to increase prices and potentially force it to stop offering certain products altogether.

Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says

by CNBC Markets | April 4, 2025 2:04 am | US Markets

Grocery bills will likely rise as shoppers pay more household staples because of the Trump administration’s new tariffs.

The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soon

by CNBC Markets | April 4, 2025 2:04 am | US Markets

Should the president hold fast to his tougher-than-expected trade policy, there’s a material risk of at least near-term costs.
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