The Latest Breaking News from CNBC

"I'm not the Consumer-in-Chief."

Jim Cramer’s blunt critique has intensified doubts around Super Micro, leaving investors to wonder if it’s time to finally say goodbye to SMCI stock.

President lashes out at world’s largest retailer despite claiming his tariffs are tax on foreign countries not U.S. consumers

The S&P 500 is 3% below its peak set in mid-February, when Trump launched a global trade war that began with tariffs on Canada and Mexico.

They learned some lessons for sure!

Doug McMillon admitted on Thursday that even reduced China tariffs are too much for the country's largest retailer to absorb.

Microsoft is laying off 3% of its employees worldwide, with job cuts reportedly targeting layers of management.

A 90-day tariff cut between the US and China boosts stocks, yet Wall Street debates growth prospects against inflation risks.

Cadillac isn't the same brand it was 20 years ago. Its post-recession revival focused on ensuring its models were truly distinct from the other products within General Motors' portfolio. That wasn't the exact mentality at the company in the early 2000s when it developed the XLR as a secondary vehicle…

Markets soared on the news, though exact details still have to be ironed out.

"But what we do want is a decoupling for strategic necessities, which we were unable to obtain during COVID."