Economy

Visual China Group | Getty Images Google ‘s stalwart search button has a new neighbor: AI Mode. The artificial intelligence feature is being tested directly beneath the Google search bar beside a “Google Search” button, replacing the “I’m Feeling Lucky” widget. The new feature, though not widely available yet, is being tested in a location […]

A customer enters an American Eagle store in Miami, Florida on April 4, 2025. Joe Raedle | Getty Images American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with slow sales, steep discounting and an uncertain economy. The apparel retailer […]

Peter Coker Sr. outside U.S. District Court in Newark, New Jersey, March 15, 2023. And Mangan | CNBC CAMDEN, N.J. — One of the defendants in the infamous $ 100 Million New Jersey Deli case was brutally attacked while in a Thai prison awaiting extradition in early 2023, his attorney said at his sentencing for […]

DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering. Hertz shares were off more than 20% during early morning trading before ending Tuesday nearly 17% lower after the company’s morning quarterly earnings call. Shares of the company were only […]

Treasury Secretary Scott Bessent said Monday that he expects to meet with Chinese officials again in the coming weeks to continue trade negotiations. “I would imagine in the next few weeks we will be meeting again to get rolling on a more fulsome agreement,” Bessent said on CNBC’s “Squawk Box.” The exact details of the […]

Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington on Jan. 20, 2025. Shawn Thew | Afp | Getty Images President Donald Trump said Monday that he talked to Apple CEO Tim Cook after the […]

President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty Images President Donald Trump on Monday moved forward with a plan to lower U.S. […]

The bitcoin mining company backed by President Donald Trump’s sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq through an all-stock merger with Gryphon Digital Mining . Shares of Gryphon were up more than 300% Monday. The combined company, American Bitcoinwill trade under the ticker symbol “ABTC,” with the […]

A cargo ship moors at the container terminal berth of Lianyungang Port for loading and unloading containers in Lianyungang City, Jiangsu Province, China, on May 9, 2025. Nurphoto | Nurphoto | Getty Images The tariff rate the U.S. puts on imports remains higher than any point since the 1930s, despite trade deals struck with China […]

The fire service dive team leaves port heading for the dive site for the Bayesian off the coast of Porticello, Sicily, on the third day of the search for six tourists missing after the luxury yacht Bayesian sank in a storm on Monday whilst moored around half a mile off the coast. Jonathan Brady | […]