U.S. News
Trump says Iran violated ceasefire with drone attacks on Strait of Hormuz ships
The International Maritime Organization earlier paused efforts to evacuate ships and seafarers stranded in the Strait of Hormuz after a cargo vessel was struck.
Ex-Trump advisor John Bolton pleads guilty to retaining national defense information
John Bolton is one of several foes of President Donald Trump who has been indicted since Trump regained the White House.
Trump eases pressure on Fed Chairman Kevin Warsh as inflation tops 4%
President Donald Trump’s economic advisors are giving Warsh space, as the new Fed chairman, on interest rates as the president repeats calls to cut.
Warsh reaches within the Fed for latest advisory appointments
Warsh has added two more key advisors as he seeks to remake how the central bank approaches the economy and monetary policy.
Micron sinks, continuing a whipsaw week of trading
Micron Technology’s shares tumbled on Friday amid a global sell-off in technology stocks.
Chicago Fed President Goolsbee says inflation is too high; Williams sees price pressures easing
In a live CNBC interview from his home district, Goolsbee declined to speculate on where he thinks interest rates are headed.
Microsoft lifts price of Xbox consoles due to soaring component costs
Microsoft said it’s increasing the price of Xbox game consoles after Apple announced price hikes for MacBooks and iPads.
Rafael Nadal says he won’t return to pro tennis following Serena Williams’ comeback
Rafael Nadal told CNBC Sport he has closed the chapter on playing pro tennis forever.
Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
GameStop’s CEO just sacrificed a $35 billion pay package. Here’s how it could impact his effort to buy eBay
Ryan Cohen has shared few details on how he’ll move forward with his $56 billion offer for eBay since the company rejected the proposal in May.
Chevron says no quick fix for gas prices as Trump takes on Big Oil: ‘It’s going to take time’
Her comments come shortly after President Donald Trump ordered an investigation into Big Oil, accusing them of “gouging” consumers.
Air con and building efficiency stocks rally as Europe bakes in extreme heat
The latest heat wave has underscored the need for efficient technologies and adequate power supply to keep Europe cool.
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