United States
Apple and Samsung smartphone growth to take hit from tariff uncertainty: Counterpoint Research
The Apple store on 5th Avenue is seen in New York on April 8, 2025. Timothy A. Clary | Afp | Getty Images Forecasts for Apple and Samsung shipment growth this year were sharply slashed by Counterpoint Research on Wednesday amid uncertainty over U.S. tariff policy. The research outfit said it had revised down its […]
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Trump’s 50% steel tariffs hit the world but UK spared full blow
An employee stands at a blast furnace in North Rhine-Westphalia, Duisburg, Germany. Picture Alliance | Picture Alliance | Getty Images U.S. tariffs entered the spotlight once again in Europe on Wednesday as U.S. President Donald Trump’s 50% levy on steel and aluminum imports to the U.S. came into effect. Announced last week and signed by […]
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Tesla’s Australia sales soar in May — a bright spot amid struggles elsewhere
Electric vehicles outside a Tesla dealership in Melbourne on April 19, 2023. William West | AFP | Getty Images Tesla may be facing declining sales in the U.S. and Europe, but it reported a bright spot in Australia — where its electric vehicle sales rebounded to their highest level in nearly 12 months in May. […]
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CNBC Daily Open: Recent gains in markets are likely just short-term optimism
Traders work on the floor of the New York Stock Exchange on June 3, 2025. NYSE Over the past week, Washington and Beijing have been trading barbs about violating their preliminary trade deal. Aside from that, higher steel and aluminum tariffs announced by U.S. President Donald Trump will kick in Wednesday. Amid all the trade […]
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Chinese couple charged with smuggling a biological pathogen into the U.S.
Theodore Levin United States Courthouse, Detroit Federal Building, Detroit, Michigan on August 25, 2010 Carol M. Highsmith | Buyenlarge | Archive Photos | Getty Images A Chinese researcher in Michigan and her boyfriend have been charged with smuggling a biological pathogen that “can cause devastating diseases in crops” into the United States, according to federal […]
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This 22-year-old startup founder got his college to pay him $200,000: ‘Sometimes, you just have to ask’
Emil Barr, 22, graduated from Miami University in May 2024. Courtesy of Emil Barr It’s no secret that college in the United States is expensive — about 43 million people live with student debt and the outstanding federal student loan balance stands at about $1.8 trillion, according to the Education Data Initiative. But startup founder […]
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Stock futures are little changed after S&P 500 posts second day of gains: Live updates
Traders work at the New York Stock Exchange on May 9, 2025. NYSE U.S. stock futures were little changed Tuesday night, after the S&P 500 notched a second straight day of gains. Dow Jones Industrial Average futures rose 5 points, or 0.01%. S&P 500 futures gained 0.01%, and Nasdaq 100 futures fell 0.02%. In extended […]
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McDonald’s is bringing back the snack wrap to U.S. restaurants next month
McDonald’s Snack Wrap. Courtesy: McDonald’s McDonald’s snack wraps will return to U.S. restaurants next month as the fast-food giant looks to boost sales after a sluggish start to the year. McDonald’s introduced snack wraps nearly two decades ago but discontinued the item in 2016 because it slowed its kitchens down too much. Some franchisees kept […]
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Trump’s foreign student policies alarm Rep. Ro Khanna: They’re ’embedded in Silicon Valley’
Democratic Rep. Ro Khanna of California warned Tuesday that the nation’s economy and talent pipeline could take a hit if international students opt against attending colleges in the United States because of President Donald Trump’s visa policies. “The reality is that you have people like Elon Musk who were foreign students, I mean, they have […]
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Ford reports 16% sales increase in May amid employee pricing, tariffs
DETROIT — Ford Motor on Tuesday reported a 16.3% year-over-year U.S. sales increase for May, as the automaker continues an employee pricing program amid rising tariff costs and vehicle price increases. Sales for the Detroit automaker were led by a 17.2% increase in its vehicles with traditional internal combustion engines, as well as a roughly […]
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