Business

President Donald Trump suggested last month he would look out for companies that didn’t seek tariff refunds after the Supreme Court struck down his wide-ranging global duties. At first, some major firms like Amazon appeared to be holding off on asking for money back over concerns they’d offend the often transactional president and end up

Tingbo He, president of Huawei semiconductor, presents at an industry conference in Shanghai on May 25, 2026. Huawei SHANGHAI — Chinese tech giant Huawei on Monday touted a new approach to developing advanced semiconductors despite U.S. sanctions, as Nvidia struggles to sell its high-end chips in China. Huawei said it developed a new engineering approach

A Walmart store in Austin, Texas, Feb. 3, 2026. Brandon Bell | Getty Images Two top Walmart executives are departing the company, nearly four months after CEO John Furner took over, according to internal memos viewed by CNBC on Friday. Tom Ward, the chief operating officer of Walmart’s warehouse chain Sam’s Club, is retiring, and

U.S. treasury bonds typically occupy a special place in an investor’s portfolio — the asset class against which all other market risk is measured. But a surge in long-dated yields is forcing investors to rethink this assumption. The yield on the 10-year treasury recently surged to a level it had not seen in over a

Surfside drinks on display at the trade show during CinemaCon 2026 at Caesars Palace in Las Vegas on April 15, 2026. Travis P Ball | AP About a decade ago, sales of LaCroix began to skyrocket. Soon, flavored seltzers were everywhere, from grocery store refrigerators to liquor store shelves. But the era of bubbles looks

The Micron Technology offices in San Jose, California, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Quantum stocks jumped this week on news that the U.S. government was taking equity stakes in nine companies, including IBM, as President Donald Trump’s administration continues to acquire shares of private sector companies.  So where might

Rolfo | Moment | Getty Images This summer, mega artist Harry Styles will take the stage at Madison Square Garden in New York City for an exclusive 30-show residency – his only planned stop in the country and a show that’s garnered intense attention since its announcement. Despite her best efforts, Shira Elfassy won’t be

China’s Commerce Minister Wang Wentao held a press conference on May 23, 2026, at the end of the APEC trade ministers’ meeting in Suzhou, China. CNBC | Evelyn Cheng SUZHOU, China — Just over a week after the U.S. and Chinese presidents met in Beijing, the world’s two largest economies are sending different messages about

Still from “Star Wars: The Mandalorian and Grogu.” “Star Wars” returns to the big screen for the first time in seven years this weekend, riding the contrails of a Mandalorian’s jetpack. Disney’s “Star Wars: The Mandalorian and Grogu” tallied $12 million in Thursday night preview sales, the lowest collection of advance tickets in the franchise’s

Kevin Warsh, then U.S. President Donald Trump’s nominee for Chair of the Federal Reserve, delivers an opening statement during his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building on April 21, 2026 in Washington, DC. Andrew Harnik | Getty Images Incoming Federal Reserve Chair Kevin Warsh‘s talk

Stellantis CEO Antonio Filosa listens as U.S. President Donald Trump announces new fuel economy standards, in the Oval Office at the White House in Washington, D.C., U.S., December 3, 2025. Brian Snyder | Reuters AUBURN HILLS, Mich. — Stellantis CEO Antonio Filosa said he believes there’s opportunity to expand the automaker’s partnerships in North America

SUZHOU, China — Li Chenggang, China’s international trade representative, opened the Asia-Pacific Economic Cooperation trade ministers’ meeting on Friday with a call for regional economies to “send a strong message to the world” in support of cooperation. Li said he was chairing the opening meeting in place of China’s Commerce Minister Wang Wentao, who had

President Donald Trump speaks during an announcement with Environmental Protection Agency Administrator Lee Zeldin (not pictured) in the Oval Office at the White House, in Washington, May 21, 2026. Kevin Lamarque | Reuters President Donald Trump on Thursday announced a delay of two Biden-era EPA refrigerant rules, arguing the move will cut costs for companies

The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies after Prime Minister Takaichi’s election win. Yevgen Romanenko | Moment | Getty Images Japan’s largest banks posted record annual profits in their latest financial results, but earnings growth could slow as credit costs rise and geopolitical risks

Customers shop at a Walmart store on May 13, 2026 in Chicago, Illinois. Scott Olson | Getty Images With all eyes on the health of the U.S. consumer, Walmart‘s fiscal first-quarter earnings report Thursday morning may offer Wall Street some of the best clues yet.  The big box retailer is expected to report another quarter

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Reports that OpenAI is set to confidentially file for an IPO as soon as Friday changed prediction market traders’ outlook on

Target on Wednesday posted earnings and revenue that beat Wall Street expectations, and reported that net sales grew more than 6% year over year as the retailer tries to win back customers amid slumping sales.  Target’s same-store sales jumped 5.6%, its first positive same-store sales number in five quarters. The retailer said it saw broad-based

An Alibaba logo is displayed at the company’s booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, Sept. 10, 2025. Maxim Shemetov | Reuters CHONGQING, China — Alibaba announced Wednesday its new artificial intelligence chip would be three times as powerful as its predecessor, as rival Nvidia struggles to get its