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CNBC Daily Open: Musk slams Navarro as Trump’s 104% tariffs on China are set to take effect
World

CNBC Daily Open: Musk slams Navarro as Trump’s 104% tariffs on China are set to take effect

Shipping containers and gantry cranes beyond a fishing boat near the Yangshan Deepwater Port in Shanghai, China, on Wednesday, Dec. 6, 2023. China’s trade figures are scheduled for release on Dec 7. Bloomberg | Bloomberg | Getty Images In just a few hours, Trump tariffs will kick in — which includes a ghastly 104% duty […]

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Why bitcoin is showing ‘impressive’ resilience through tariff tumult, according to Bernstein
World

Why bitcoin is showing ‘impressive’ resilience through tariff tumult, according to Bernstein

While recession fears and uncertainty about President Donald Trump’s tariff plans have taken stocks for a ride, bitcoin’s resilience through it all “has been nothing but impressive,” according to Bernstein. Bitcoin lost about 7% from last Thursday — the day after Trump revealed his sweeping tariffs plan — to this Monday. During the same period, […]

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Dow rebounds 900 points on rising hopes for tariff deals: Live updates
World

Dow rebounds 900 points on rising hopes for tariff deals: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 8, 2025.  Brendan Mcdermid | Reuters Stocks surged Tuesday in a slight reprieve from the tariff market turmoil, on rising hopes the U.S. would reach trade deals to lower the duties over time. The Dow Jones Industrial […]

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Hard-hit Apple bounces back with the market, and an analyst is divided on our drug stocks
Health

Hard-hit Apple bounces back with the market, and an analyst is divided on our drug stocks

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Wall Street surged Tuesday on increased hopes of tariff deals, following a wickedly volatile session Monday. The Dow Jones Industrial Average climbed around 1,400 points, or 3.7%. The S […]

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CNBC Daily Open: The Trump administration wants more than 0% tariffs
World

CNBC Daily Open: The Trump administration wants more than 0% tariffs

U.S. President Donald Trump gestures during a meeting with Israeli Prime Minister Benjamin Netanyahu (not pictured) in the Oval Office at the White House in Washington, U.S., April 7, 2025.  Kevin Mohatt | Reuters The meaning of the word “reciprocity” is being strained by the Trump administration. Not only did the White House use a […]

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CNBC Daily Open: Trump rejects offers to tear down tariffs, threatens more on China
World

CNBC Daily Open: Trump rejects offers to tear down tariffs, threatens more on China

U.S. President Donald Trump speaks during a meeting with Israeli Prime Minister Benjamin Netanyahu (not pictured) in the Oval Office at the White House in Washington, U.S., April 7, 2025.  Kevin Mohatt | Reuters The meaning of the word “reciprocity” is being strained by the Trump administration. Not only did the White House use a […]

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‘Big Short’ investor Steve Eisman on tariff turmoil: Don’t be a hero
Finance

‘Big Short’ investor Steve Eisman on tariff turmoil: Don’t be a hero

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Nikkei 225 and Topix plunge over 7% on open, futures trading suspended due to circuit breaker
World

Nikkei 225 and Topix plunge over 7% on open, futures trading suspended due to circuit breaker

Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy concept Prasit Photo | Moment | Getty Images Asia-Pacific markets extended their sell-off Monday as fears over a global trade war sparked by U.S. President Donald Trump’s tariffs […]

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Market crash not part of Trump’s strategy, says top White House economic advisor
Politics

Market crash not part of Trump’s strategy, says top White House economic advisor

White House economic adviser Kevin Hassett stands next to U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025.  Leah Millis | Reuters A crashing stock market is not part of an intentional strategy by President Donald Trump, White House National Economic Council director Kevin Hassett […]

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How Trump’s tariffs rollout turned into stock market mayhem
World

How Trump’s tariffs rollout turned into stock market mayhem

Traders work on the floor at the New York Stock Exchange in New York City, U.S., April 4, 2025. Brendan McDermid | Reuters Before Wednesday, President Donald Trump’s tariffs were expected to be a problem for markets and the economy, but a manageable one. So much for that idea. What happened instead is something worse […]

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