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Trump's tariffs slammed the market and our financial stocks. 1 of them is a buy

2025-04-03 20:23:14

Shares of Goldman Sachs, BlackRock and Wells Fargo plunged Thursday amid the global market selloff.

Disability advocates sue Social Security Administration and DOGE to stop service cuts

2025-04-03 20:05:45

New Social Security Administration reforms under DOGE are unlawful and harmful to vulnerable beneficiaries who rely on the program, a new lawsuit alleges.

Southwest's bag fees and other changes could backfire, Fitch warns

2025-04-03 19:56:21

The ratings agency put the airline on "negative" outlook, saying the company could become less financially conservative.

Mag 7 relinquishes more than $800 billion as tech drives stock market nosedive

2025-04-03 19:36:07

Last year's high-flyers helped lead the broad market lower.

Trump tariffs: Mark Cuban says to stock up at Walmart and big box stores—but experts warn not to panic shop

2025-04-03 19:32:52

The president announced a minimum 10% tariff on imports from a lengthy list of countries. Here's how financial pros say you should respond.

Jim Cramer: Here's my advice for investors as stocks dive on Trump's tariffs

2025-04-03 19:08:43

CNBC Jim Cramer says long-term investors must steel themselves as the stock market tanks on Trump's sweeping tariff announcement.

Mortgage rates tumble on tariffs, but housing costs still near record high

2025-04-03 18:56:07

Mortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home.

This retailer just got upgraded as a winner from Trump's tariffs. It's one we love

2025-04-03 18:54:20

TJX Companies is in a prime position to cash in on the tariff chaos, according to Citigroup.

Small-cap benchmark Russell 2000 becomes first major U.S. stock measure to enter bear market

2025-04-03 18:45:24

Small-cap stocks officially entered bear market territory on Thursday, seeing at least a 20% loss since their latest high.

We're jumping into this tariffs-driven market plunge and buying two stocks

2025-04-03 18:33:34

One name has great pricing power, the other does most of its business in the U.S.

Jim Cramer says the selling in this portfolio stock is excessive — and why bond yields matter

2025-04-03 18:09:37

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

YouTube announces Shorts editing features amid potential TikTok ban

2025-04-03 18:00:01

The new features should make it easier for creators to upload and edit videos for YouTube Shorts.

Bitcoin slides to $81,000 as Trump tariffs jolt stock market

2025-04-03 17:25:33

Bitcoin and other cryptocurrencies were under pressure Thursday after President Donald Trump's big tariffs reveal jolted the stock market.

OpenAI, Anthropic target college students with latest education AI announcements

2025-04-03 17:22:14

Anthropic and OpenAI both rolled out education services for college students ahead of their final exams.

Trump's massive 46% Vietnam tariffs pummel Nike, American Eagle and Wayfair

2025-04-03 16:34:02

The country became a popular alternative for furniture, apparel and toymakers trying to avoid the crossfire of U.S. trade tensions with Beijing

Stellantis idles plants in Mexico and Canada due to tariffs

2025-04-03 15:58:15

Stellantis is pausing production at the automaker's Windsor Assembly Plant in Ontario, Canada, and its Toluca Assembly Plant in Mexico.

The biggest winners and losers in Europe as Trump announces sweeping tariffs

2025-04-03 15:37:57

Global markets and businesses were thrown into disarray by U.S. President Donald Trump's tariff announcements on Thursday.

Tech stocks sink after Trump tariff rollout — Apple heads for worst drop in 5 years

2025-04-03 15:34:23

Technology stocks plummeted Thursday after President Donald Trump's new tariff policies sparked widespread market panic.

Bitcoin-related startup deals soared in 2024 alongside crypto prices, research shows

2025-04-03 15:30:01

The number of pre-seed transactions in the bitcoin startup market climbed 50% in 2024, according to a report from Trammell Venture Partners.

'Oh, sh—': RH CEO reacts live to stock tanking on tariffs, poor earnings

2025-04-03 15:27:55

The executive also pointed out that the home furnisher has been contending with the "worst housing market in almost 50 years."

Jim Cramer's top 10 things to watch in the stock market Thursday

2025-04-03 15:10:47

Stock markets across the world are tumbling today after President Donald Trump's reciprocal tariffs were announced last night.

Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices 6% lower

2025-04-03 15:07:10

Eight key OPEC+ producers on Thuesday agreed to raise combined crude oil output by 411,000 barrels per day, pushing down oil prices.

Here's how to file for a free tax extension in minutes if you can't make the April 15 deadline

2025-04-03 14:46:09

You can file for a free tax extension in minutes if you can't make the April 15 deadline. Here's what taxpayers need to know.

Commerce Secretary Lutnick says Trump's reciprocal tariffs will spur countries to examine their trade policies

2025-04-03 14:29:34

Trump’s tariffs spare no country — 5 bizarre locations hit by levies including an uninhabited island

2025-04-03 14:24:43

U.S. President Donald Trump's aggressive and far-reaching "reciprocal tariffs" were signed into effect on Wednesday, hitting over 180 countries.

Trump’s 25% auto tariffs are in effect. What investors need to know

2025-04-03 13:54:42

CNBC breaks down what investors should know about how the additional levies will impact individual vehicles and automakers.

Layoff announcements surge to the most since the pandemic as Musk's DOGE slices federal labor force

2025-04-03 13:46:42

The surge in March was exceeded only by when the country shut down in 2020 for the Covid pandemic,

Layoff announcements surge to the most since the pandemic as Musk's DOGE slices Federal labor force

2025-04-03 13:33:07

The surge in March was exceeded only by when the country shut down in 2020 for the Covid pandemic,

Auto giants surprisingly resilient as sweeping U.S. tariffs spare Canada and Mexico for now

2025-04-03 13:06:57

Shares of some of the world's biggest automakers appeared surprisingly resilient on Thursday.

NYC Mayor Eric Adams is switching parties, running as independent for reelection

2025-04-03 13:01:36

The development comes with three months to go until a Democratic primary that is likely to choose the city's next mayor

Plaid raises funding at $6 billion valuation, enabling some employees to cash out

2025-04-03 13:00:01

Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.

Pharma tariff relief likely short-lived with sector-specific duties on the horizon

2025-04-03 12:25:18

Pharmaceutical companies breathed a sigh of relief on Wednesday, but the tariff reprieve could prove fleeting.

Trump will 'buckle under pressure' if Europe bands together over tariffs, German economy minister says

2025-04-03 11:15:03

U.S. President Donald Trump could change his trade policies if he comes under pressure from trading partners, German economy minister Robert Habeck suggested.

Here's where Apple makes its products — and how Trump's tariffs could have an impact

2025-04-03 10:37:54

China still accounts for the majority of Apple iPhone production, but the tech giant has sought to ramp up manufacturing in places like India and Vietnam.

UK escapes worst of Trump's tariff wrath with 10% levy but warns of 'threat' to global economy

2025-04-03 10:32:47

The U.K. escaped relatively unscathed compared with many other nations, facing the lowest trade tariff that Trump announced Wednesday.

How did the U.S. arrive at its tariff figures?

2025-04-03 10:12:11

The White House Wednesday listed tariff rates for different countries. It didn't take long for market observers to try and reverse engineer the formula.

'Absolutely nothing good' coming out of Trump's tariff announcement: Analysts react to latest U.S. levies

2025-04-03 08:19:47

Analysts generally had a pessimistic take on the announcement, with some even predicting an increased risk of a recession for the U.S.

China urges U.S. to 'immediately' cancel reciprocal tariffs, vows countermeasures

2025-04-03 08:11:55

U.S. President Donald Trump announced a baseline tariff of 10% on most imported goods from global trading partners.

Xiaomi delivers record cars in March as winners emerge in China's EV race

2025-04-03 06:30:31

Chinese electric vehicle startups Xiaomi, Xpeng and Leapmotor each reported in March delivery volumes that were roughly double of their startup competitors.

EU preparing further countermeasures against U.S. tariffs if negotiations fail: EC President von der Leyen

2025-04-03 05:35:45

DeepSeek AI excitement spills over to Hong Kong's IPO market

2025-04-03 05:01:29

Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region.

De minimis trade loophole that boosted Chinese online retailers to end May 2

2025-04-03 04:43:16

The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month to prepare.

China urges U.S. to 'immediately' cancel reciprocal tariffs, vows counter-measures

2025-04-03 04:35:48

U.S. President Donald Trump unveiled a 10% baseline tariffs on most imported goods from global trading partners.

Jim Cramer says Trump tariffs are more punitive than reciprocal

2025-04-03 01:36:13

As President Donald Trump announced 'reciprocal tariffs' on Wednesday, CNBC's Jim Cramer said the president is focused on punishing U.S. trading partners.

Advertisers look for flexibility as they parse how Trump's new tariffs will affect their businesses

2025-04-03 01:00:21

Advertisers are seeking flexible terms with media companies as uncertainty grows from President Donald Trump's looming tariffs.

The most powerful passports of 2025 — a new country tops the list

2025-04-03 00:54:17

Ireland has the strongest passport in the world, according to the Nomad Passport Index 2025.

Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump's tariffs

2025-04-03 00:42:13

"The Nasdaq peaked on DeepSeek day so that's a Mag 7 problem, not a MAGA problem," Bessent said.

Trump's massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair

2025-04-03 00:36:55

The country became a popular alternative for furniture, apparel and toymakers trying to avoid the crossfire of U.S. trade tensions with Beijing

Apple leads a drop in tech stocks after Trump tariff announcement

2025-04-03 00:13:44

Tech stocks fell in late trading Wednesday following President Donald Trump's announcement of reciprocal tariffs.

Apple leads drop in tech stocks after Trump tariff announcement

2025-04-02 23:53:16

Tech stocks fell after hours on Wednesday following President Trump's announcement of reciprocal tariffs.

Trump's tariffs leave gadget makers in crisis: 'I'm going to run out of appliances'

2025-04-02 23:15:33

Consumer electronics companies reliant on manufacturing operations in China, Mexico and Canada are reeling from the uncertainty surrounding Trump's tariffs.

Trump told Cabinet that Elon Musk will leave administration in coming months: NBC News

2025-04-02 23:14:08

President Donald Trump told reporters Monday that DOGE chief Elon Musk has done an "amazing" job but noted that the Tesla CEO has "got a big company to run."

Trump tariffs anxiety hits peak in global economy as Chinese freight market crashes to two-decade low

2025-04-02 22:58:53

President Trump's so-called 'liberation day' will reveal new tariffs on trading partners. Inside the supply chain, importers have been preparing for months.

Amazon submits bid for TikTok as ban deadline nears

2025-04-02 22:41:50

TikTok's future in the U.S. hangs in the balance ahead of a potential ban on April 5.

Trump tariffs anxiety hits peak in global economy, from trucking rush inside U.S. to huge drop in Chinese freight orders

2025-04-02 22:37:41

President Trump's so-called 'liberation day' will reveal new tariffs on trading partners. Inside the supply chain, importers have been preparing for months.

Trump tariffs lead to trucking rush inside U.S. and huge drop in Chinese freight orders, signaling trouble ahead for economy

2025-04-02 22:26:49

President Trump's so-called 'liberation day' will reveal new tariffs on trading partners. Inside the supply chain, importers have been preparing for months.

Conservative cable channel Newsmax shares plunge 77% after a dizzying 2-day surge

2025-04-02 22:01:17

The stock tumbled a whopping 77% Wednesday, following a 2,230% surge in Newsmax's first two days of trading after debuting on the New York Stock Exchange.

AppLovin in negotiations for potential TikTok bid, sources say

2025-04-02 21:51:27

AppLovin is one of the potential bidders attempting to acquire TikTok, sources familiar with the situation told CNBC's David Faber on Wednesday.

Eric Trump says he moved to crypto after family business became 'most canceled company'

2025-04-02 21:36:37

Eric Trump told CNBC that his family was "driven toward cryptocurrency" due to the way their business was treated.

Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge

2025-04-02 20:57:29

The stock tumbled a whopping 72% Wednesday, following a 2,230% surge in Newsmax's first two days of trading after debuting on the New York Stock Exchange.

Advertisers look for flexibility as uncertainty around tariffs swirls

2025-04-02 20:52:41

Advertisers are seeking flexible terms with media companies as uncertainty grows from President Donald Trump's looming tariffs.

Boeing tells Senate it's making progress on safety reforms and is in talks with DOJ over revised plea deal

2025-04-02 20:35:45

Boeing's CEO Kelly Ortberg faces senators' questions about its recovery from a series of manufacturing and safety crises.

Applovin in negotiations for potential TikTok bid, sources say

2025-04-02 20:34:58

AppLovin is one of the potential bidders attempting to acquire TikTok, sources familiar with the situation told CNBC's David Faber on Wednesday.

Amazon bid to buy TikTok. We like the stock with or without the popular app

2025-04-02 20:32:54

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Trump administration's appeal of a temporary restraining order preventing DOGE access to Social Security data is denied

2025-04-02 20:31:13

The Trump administration's appeal of a temporary restraining order blocking DOGE access to personal Social Security data has been denied.

Trump administration puts 25% tariff on all canned beer imports, empty aluminum cans

2025-04-02 20:28:18

Canned beer imports will be subject to a 25% tariff, putting pressure on Constellation Brands' bottom line.

Amazon to launch first batch of Kuiper satellites on April 9

2025-04-02 20:28:14

The launch is a pivotal step toward beginning commercial service for Kuiper, Amazon's initiative to beam high-speed internet to customers from low earth orbit.

With Trump's reciprocal tariffs looming, here are our stocks with the most U.S. sales

2025-04-02 20:13:37

Three of our portfolio holdings derive 100% of their sales domestically.

Trump's tariff ambiguity leaves gadget makers in limbo: 'I'm going to run out of appliances'

2025-04-02 19:55:39

Consumer electronics companies reliant on manufacturing operations in China, Mexico and Canada are reeling from the uncertainty surrounding Trump's tariffs.

Tariffs impact: Trucking rush inside U.S. and huge drop in Chinese freight orders signal trouble for economy

2025-04-02 19:50:23

President Trump's so-called 'liberation day' will reveal new tariffs on trading partners. Inside the supply chain, importers have been preparing for months.

Tesla shares rise on report Elon Musk could be leaving DOGE post soon

2025-04-02 19:33:36

Tesla shares rose after Politico reported that CEO Elon Musk could leave his post at the so-called Department of Government Efficiency.

Trump told Cabinet that Elon Musk will leave administration in coming months

2025-04-02 19:28:46

President Trump told reporters this week that DOGE chief Elon Musk has done an "amazing" job, but noted that the Tesla CEO has "got a big company to run."

Tesla reports 13% drop in first-quarter vehicle deliveries from a year ago

2025-04-02 19:21:54

Tesla reported a 13% year-over-year drop in first-quarter deliveries two days after the company's stock wrapped up its worst quarter since 2022.

60% of Americans carry a credit card balance — as interest rates top 20%, Fed report finds

2025-04-02 19:10:09

More than half of Americans are carrying credit card balances, despite sky-high APRs.

'We have to protect this country': Here's what Trump hopes to accomplish with tariffs

2025-04-02 18:43:44

In President Donald Trump's second term, he has foregrounded tariffs in a more significant way, but he's been a big proponent of import taxes since the 1980s.

Tesla shares rise on unconfirmed report Elon Musk could be leaving DOGE post soon

2025-04-02 17:38:55

Tesla shares rose after Politico reported that CEO Elon Musk could leave his post at the so-called Department of Government Efficiency.

How U.S. women's soccer coach Emma Hayes plans to grow the sport

2025-04-02 17:31:36

Women's national team coach Emma Hayes is looking to redefine soccer in the U.S.

The 60/40 portfolio 'may no longer fully represent true diversification,' BlackRock CEO Larry Fink says

2025-04-02 16:59:24

When it comes to investing, a 50/30/20 allocation to stocks, bonds and private assets may become the "future standard portfolio," BlackRock's Larry Fink says.

Nintendo Switch 2 details: Price, screen size, controllers, microphone chat and games

2025-04-02 16:35:14

Nintendo will launch game titles including "Mario Kart World" and "Street Fighter 6" alongside the new hardware.

Boeing CEO pressed by Senate to detail plane maker's recovery

2025-04-02 16:34:12

Boeing's CEO Kelly Ortberg faces senators' questions about its recovery from a series of manufacturing and safety crises.

Trump Media shares drop after warning the president's trust and other insiders could sell stock

2025-04-02 16:25:19

Insiders and major stakeholders, including the Donald J. Trump Revocable Trust, can sell stock "from time to time," the company disclosed in a filing.

Nintendo Switch 2 details: Screen size, controllers, storage, microphone chat and games

2025-04-02 16:16:06

Nintendo will launch game titles including "Mario Kart World" and "Street Fighter 6" alongside the new hardware.

Coinbase CEO Brian Armstrong says Congress should allow stablecoin companies to pay users interest

2025-04-02 16:03:19

Armstrong's comments came ahead of the House Financial Services Committee's Wednesday markup of its version of stablecoin legislation.

Judge dismisses criminal case against New York Mayor Eric Adams

2025-04-02 15:47:54

Manhattan's luxury real estate market sees best first quarter in six years

2025-04-02 15:33:08

Manhattan apartment sales rose 29% in the first quarter, and the total value of apartment sales in the city reached $5.7 billion, up 56%.

Tesla reports 336,000 vehicle deliveries in first quarter, 13% drop from a year ago

2025-04-02 15:18:33

Tesla reported a 13% year-over-year drop in first-quarter deliveries two days after the company's stock wrapped up its worst quarter since 2022.

35-year-old was 29 months away from getting her $247,804 student debt forgiven. Now she's stuck

2025-04-02 15:16:05

Many student loan borrowers are experiencing challenges on their timeline to debt forgiveness. Here's what they can do to stay on track for the relief.

Tesla reports 336,000 vehicle deliveries in first quarter

2025-04-02 15:07:48

Tesla reported first-quarter delivery and production numbers two days after the company's stock wrapped up its worst quarter since 2022.

OpenAI backs deepfake cybersecurity startup Adaptive Security in new funding round

2025-04-02 14:53:50

Artificial intelligence cybersecurity company Adaptive Security announced a $43 million funding round co-led by OpenAI.

Tesla China-made EV sales fall 11.5% in March as competition rises

2025-04-02 14:26:01

The U.S. carmaker is facing a headwinds in China, in particular mounting challenges from local rivals like BYD.

Private companies added 155,000 jobs in March, more than expected, ADP says

2025-04-02 14:15:13

Payroll gains were stronger than expected in March, countering fears that the labor market and economy are slowing.

United Airlines adds Thailand, Vietnam and Australia flights in latest expansion

2025-04-02 14:11:40

United Airlines is adding service to Vietnam and Thailand in October and nonstop service from San Francisco to Adelaide, Australia, in December.

UFC signs wide-ranging sponsorship deal with Meta, bringing Mark Zuckerberg closer to Dana White

2025-04-02 14:00:01

Meta and mixed martial arts league UFC reached a multimillion-dollar, multiple-year sponsorship deal that will span the tech company's portfolio, UFC told CNBC.

QVC is betting on TikTok to help revive its live shopping business

2025-04-02 14:00:01

QVC Group, the owner of the QVC and HSN TV networks, is teaming up with TikTok Shop for 24/7 live shopping streams in an effort to revive its business.

How to spring-clean your finances. It can 'make you feel more secure,' advisor says

2025-04-02 14:00:01

Spring is a great time for a financial "deep clean." Steps include organizing financial documents, tidying your budget and polishing your investment portfolio.

Tequila maker says tariffs won't affect his prices. Here's why he plans to absorb costs

2025-04-02 13:00:01

Colorado-based Suerte Tequila said it will absorb all tariff costs.

Mortgage rates and demand seem stuck in a holding pattern, as markets await tariff news

2025-04-02 13:00:01

Mortgage rates and demand have moved in a narrow range recently, as uncertainty over tariffs weighs on the markets.

‘Europe’s Detroit’ is expected to suffer the most from Trump’s auto tariffs

2025-04-02 12:53:17

Nicknamed the "Detroit of Europe" due to its thriving automotive industry, Slovakia produces more cars per capita than any other country in the world.

Boeing CEO faces Senate hearing on plane maker's recovery

2025-04-02 12:00:01

Boeing's CEO Kelly Ortberg faces senators' questions about its recovery from a series of manufacturing and safety crises.

Investors are turning bearish on the U.S. dollar as Trump tariffs loom

2025-04-02 08:39:20

Market watchers told CNBC they saw upside for certain currencies amid "erosion of confidence in the dollar."

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