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The Latest Breaking News from CNBC

Hundreds arrested across 28 states in effort to curb organized retail theft

Illinois taskforce brought together more than 100 law enforcement agencies and over 30 retailers for crackdown

The Guardian - US

Was Nvidia Always Destined to Dethrone Microsoft as the World's Top Tech Titan?

Nvidia's AI chip boom pushed its market cap to £2.76 trillion ($3.45 trillion), dethroning Microsoft. Was this tech titan always destined to rule, or is it riding a risky AI wave?

International Business Times UK

Trump Jr Insists 'You Don't Know' Who Really Buys Memecoin Despite His Dad Hosting Dinner With Top Holders Weeks Ago

Donald Trump Jr. downplayed ethical concerns about his father's memecoin, even after the president hosted a dinner for the top holders of his memecoin.

International Business Times

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Treasury head Scott Bessent says Jamie Dimon should relax about the bond markets: ‘For his entire career he’s made predictions…none of them have come true’

Rising interest rates on U.S. debt seem to back up Dimon’s concern about government spending, but the Treasury secretary says it’s not as bad as it seems.

Fortune

Stephen Curry Hopes to Follow in Michael Jordan's Footsteps With Post-Retirement Goal

As Curry prepares for his 17th NBA season, he has started to consider what lies ahead in retirement.

Sports Illustrated

GOP Lawmaker Insists Musk 'Doesn't Understand' Trump's 'Big, Beautiful Bill' After Billionaire CEO Criticized It

Rep. Darin LaHood pushed back against Elon Musk's criticism of Trump's new tax and spending package, saying he "doesn't understand how the tax bill works."

Latin Times

Forget tacos, can Trump have his tariff cake and eat it too? Wall Street's biggest bull thinks so

Wells Fargo's Christopher Harvey thinks a 10% tariff could be split evenly between importers, corporations, and consumers.

Fortune

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US-China Trade Pact Teeters: Rare-Earth Exports Threaten Explosive Rift

China's delay in rare-earth exports threatens to sink a US trade pact, hitting defence and tech hard. Can Trump fix this, or is a trade war inevitable?

International Business Times UK

Elon Musk's SpaceX company town is reportedly notifying residents they may 'lose the right to continue' using their property amid zoning push

The city of Starbase was approved earlier this month by residents, most of whom are SpaceX employees.

Fortune

Xbox co-founder now leads mysterious 'ZeroOne' team at Amazon

Xbox co-founder J Allard now leads Amazon’s ZeroOne team, which is focused on developing breakthrough hardware and software products.

Windows Central

Jim Cramer Says It’s ‘Too Early To Call a Bottom’ in the Markets, Meaning Stocks Could Drop 17% or More

CNBC’s Jim Cramer says it’s too early to call a market bottom.

Barchart

Trump team makes it easier to invest 401(k)s in crypto. Some experts say that’s a bad idea

Rescinding Biden-era guidance on pension plan investments in crypto comes as vice president declares industry has ‘a champion and an ally in the White House’

The Independent UK

Education Secretary Ridiculed After Failing to Explain Trump Admin's Criteria for Foreign Students: 'The I Don't Know Administration'

Education Secretary Linda McMahon's CNBC response inspired ridicule online as critics dubbed President Donald Trump's cabinet "The I Don't Know Administration."

Latin Times

Education Secretary: Universities 'In Sync' With the Trump Admin Can Continue Their Research

Education Secretary Linda McMahon said universities can keep federal research funding only if they align with Trump administration goals.

Latin Times

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Fortune

Macy’s latest earnings show the CEO’s turnaround plan is working despite a looming tariff threat

Wall Street thinks it could have been much worse for the beleaguered department store chain.

We Got This Covered

‘They always say that. We want clarity’: Trump mocks desperate CEOs as his 50+ tariff reversals send markets into meltdown

50 flip-flops and counting.

International Business Times UK

While Walmart Buckles, Home Depot Holds the Line on Prices

Home Depot's bold move to absorb tariff costs and maintain prices sets it apart from competitors like Walmart. Can this retail giant win customer loyalty in a high-cost world?

InsideEVs

Cadillac's EVs Are Seriously Poaching Tesla Owners

About 8 out of 10 Cadillac EV buyers are new to the brand. Also, Honda wants to wait out the U.S. government and hope the trade situation improves.

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InsideEVs

Elon Musk Claims 'Major Rebound' After Disappointing Tesla Sales

Elon Musk said people don’t care about the political views of a company’s CEO. The numbers say otherwise.

InsideEVs

Tesla Robotaxi Fleet Will Have '10 To 12 Cars' At First: Musk

Tesla’s CEO said that the current test fleet, which has safety drivers, has had “essentially no interventions.”

Fortune

Keke Palmer became a millionaire at 12—but even with $1 million, she’d still only pay $1,500 in rent and drive a Lexus: 'I live under my means'

Other successful elites like Warren Buffett, Mitzi Perdue, and Mark Cuban live under their means in quaint houses and apartment rentals.

The Independent UK

Walmart responds after Trump says retail chain should absorb his tariff cost

The largest retailer in the U.S. said it would keep prices low for as long as possible

International Business Times UK

Made in the USA: Donald Trump's 100% American-Made Car Dream Collides with Costly Reality

Experts warn that 100% made-in-the-US cars won't be cheap. Here's how much they could cost.

PC Gamer

Take-Two CEO stresses that GTA 6's delay is necessary to 'make the best thing anyone's ever seen' even though he doesn't 'play videogames at all'

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

Barchart

Jim Cramer is ‘Sick of’ Super Micro Computer Stock. Should You Sell SMCI Now?

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.

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