Stocks fall Friday after Trump threatens new tariffs against the EU and Apple 5/23/25
Stocks declined Friday after President Trump raised trade fears again, warning Apple and recommending stiffer duties on the European Union. We’ll cover all of the angles for you.
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Stocks rebound on Thursday as yields back off recent highs 5/22/25
Stocks ticked higher on Thursday, as investors tried to shake off fears of rising rates and worries about a ballooning U.S. deficit. The 30-year Treasury yield hit its highest since October 2023 on Thursday as lawmakers passed a bill that investors fear could worsen the U.S. deficit. We’ll cover all of the angles for you.
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Dow tumble as Treasury yields continue to push higher 05/21/25
Stocks are selling off once again, pressured by a sharp spike higher in Treasury yields as traders grow worried that a new U.S. budget bill could put even more stress on the country’s already large deficit. We’ll tell you all you need to know.
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Tesla CEO Elon Musk confirmed that the company will have robotaxis on the streets of Austin, Texas, by the end of June. 5/20/25
In an interview with CNBC’s “Power Lunch” at Tesla’s headquarters in Austin, CEO Elon Musk confirmed that the company will have robotaxis on the streets of Austin, Texas, by the end of June.Musk also said Tesla aims to bring its robotaxis to Los Angeles and San Francisco following the planned Austin debut. While remaining at the helm of Tesla and also running SpaceX and xAI, Musk is serving as a key adviser to President Trump after spending nearly $300 million to propel him back to the White House.Don’t miss our entire interview with Elon Musk.
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Stocks flat as investors shake off Moody's credit downgrade 5/19/25
U.S. Treasury yields spiked after Moody’s lowered the U.S. credit rating down one notch to Aa1 from Aaa, bringing the agency in line with peers. The firm cited financing challenges tied to the federal government’s growing budget deficit and the ramifications of rolling over existing U.S. debts in a period of high borrowing costs. We’ll tell you all you need to know.
CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.
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