Year: 2025
Starbucks employees to return to the office four days a week — or take a payout
The Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. David Ryder | Getty Images Starbucks corporate employees will have to return to the office four days a week starting in October, the company announced on Monday. For workers who would prefer to leave the company instead of heading back […]
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Rocket Lab stock jumps 8%, building on strong two-month rally
An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023. Rocket Lab Rocket Lab stock soared 8% Monday, building on a strong run fueled by space innovation. Shares of the space infrastructure company have nearly doubled over the last two months following a slew of successful launches and a […]
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Trump threatens 100% tariffs on Russian export buyers unless Ukraine peace deal is reached by September
U.S. President Donald Trump, flanked by Vice President JD Vance and U.S. Secretary of State Marco Rubio, meets with NATO Secretary General Mark Rutte in the Oval Office at the White House in Washington, D.C., U.S., July 14, 2025. Nathan Howard | Reuters President Donald Trump on Monday threatened to impose “secondary tariffs” on Russia’s […]
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Amazon jumps into AI vibe coding with preview of Kiro
Amazon CEO Andy Jassy attends the Allen & Company Sun Valley Conference on July 9, 2025, in Sun Valley, Idaho. Kevin Dietsch | Getty Images Amazon’s cloud unit said Monday that it has released a preview of Kiro, a program that developers can use to write code with help from artificial intelligence. In a post […]
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Trump tariffs don’t cause inflation because of ‘patriotism’ buying: WH advisor
White House economic advisor Kevin Hassett speculated Monday that new tariff policies are not yet sparking widespread price inflation because President Donald Trump has convinced more people to buy American. “There’s, I think, a lot of patriotism in the data,” Hassett said on CNBC’s “Squawk Box” when he was asked to explain why Trump’s protectionist […]
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Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more
Check out the companies making headlines in midday trading: Autodesk — The design software maker rose more than 5% after Bloomberg News reported , citing people familiar with the matter, that it ended a plan to potentially buy out PTC . The possible acquisition was first reported by Bloomberg last Wednesday . PTC fell about […]
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Meta CEO Zuckerberg says first AI data supercluster will come online in 2026
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg on Monday said he plans to invest “hundreds of billions of dollars” into artificial intelligence compute infrastructure, and that Meta plans to bring its first […]
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Tax cuts for private jet buyers expected to lead to surge in sales
Private jets parked at the Friedman Memorial Airport during the Allen & Company Sun Valley Conference on July 10, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive […]
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Fed Chair Powell asks inspector general to review controversial building project
Key Points The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to a source familiar with the issue. “We’ve got a real problem of oversight and excess spending,” Kevin Hassett, director of the National Economic Council, said Monday on CNBC. Source
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GM, LG to upgrade Tennessee plant to make low-cost EV batteries
Ultium Cells Spring Hill, TN. September 2022. Courtesy: Ultium Cells LLC Ultium Cells, a joint venture between General Motors and LG Energy Solution, said Monday it’s upgrading its facility in Spring Hill, Tennessee, to make low-cost electric vehicle battery cells. GM said the lithium iron phosphate battery cells — abbreviated LFP based on the elements’ […]
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