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Tariff refunds unlikely to benefit consumers, CNBC CFO Council survey finds
Although the government could pay billions of dollars in tariff refunds, consumers shouldn't expect to see money back, according to a CNBC CFO Council survey.
Trump deletes Truth Social image depicting him as Jesus: 'I thought it was me as a doctor'
President Donald Trump in May 2025 posted an apparent AI image depicting himself as a Catholic pope after the death of Pope Francis.
Judge dismisses Trump $10B defamation lawsuit against Murdoch, WSJ about Epstein letter
President Donald Trump has denied sending a bawdy 50th birthday letter to his then-friend Jeffrey Epstein at the request of Ghislaine Maxwell.
Stocks making the biggest moves midday: Oracle, Conagra, Salesforce, Goldman Sachs & more
Here are some of the stocks making headlines in midday trading.
Revolution Medicines says its potential breakthrough pancreatic cancer drug succeeds in late-stage trial
Revolution Medicines' drug for pancreatic cancer succeeded in a highly anticipated Phase 3 trial, the company said.
Wall Street still loves streaming, but are its affections well placed?
While streaming continues to drive media stocks, especially around quarterly earnings, it's not clear when it will start driving profits for smaller players.
LVMH sales miss expectations as luxury recovery is put on pause amid Middle East war
The luxury sector had shown some signs of a long-awaited recovery after a years-long slump prompted by soft demand from Chinese consumers.
Stock market optimism is baffling some on Wall Street
Many said there's a disconnect that reflects investors' growing willingness to look through near-term risks and a fear of missing out on any eventual rebound.
U.S. begins blockade in Strait of Hormuz; Trump warns Iran 'attack ships' to stay away
The U.S. blockade would apply to "any and all Ships trying to enter, or leave, the Strait of Hormuz," President Donald Trump said.
Trump threatens 50% tariffs on China as report suggests plans for arms shipment to Iran
U.S. President Donald Trump has threatened to impose a 50% tariff on China, after a report on Sunday that Beijing was preparing a weapons shipment to Iran.
Middle East oil production plunges due to Iran war, OPEC data shows
The Gulf Arab states have cut production because they are unable to export through the Strait of Hormuz due to the war.
Goldman Sachs tops estimates on record equities trading — here's why the stock is falling
Goldman Sachs posted record equities trading revenue for the first quarter, helping propel the overall firm to its second-highest quarterly revenue.
Delta Air Lines unveils first new Delta One suite in premium cabin arms race
Delta and other carriers are ramping up premium seats on board.
Ineos Automotive: Startup backed by a knighted billionaire and soccer mogul wants to rekindle the rugged SUV market
The automaker has plans to grow sales in the U.S. by roughly 30% to 35%, as well as a target to achieve breakeven this year, executives exclusively told CNBC.
Europe cheers Orbán defeat as a bloody nose for the Kremlin – but Hungary’s future remains contested
European leaders welcome the election of a pro-EU candidate while Russia and the U.S. lose an ally after the defeat of Viktor Orbán.
Asia markets trade lower as oil surges after U.S. moves to blockade Iran ports
Oil prices surged past $100 after U.S.-Iran talks collapsed and Washington moved toward a naval blockade, setting a cautious tone for Asia markets at the open.
Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep
The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic, sending oil surging and risks drawing China into a widening confrontation with Washington.
From panic to pricing in: Are markets past 'peak fear and sell-off' despite oil price surge?
Investors appear to have already priced in much of the geopolitical risks and are growing less reactive to headlines.
European stocks set to start the week lower as Iran peace hopes fade
European stocks are expected to start the new trading week on a somber note as global traders assess developments in the Middle East.
Why pressure is mounting at oil giant BP ahead of its annual general meeting
Oil giant BP is bracing for a possible shareholder revolt at its upcoming annual general meeting.
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