This is why Jamie Dimon is so gloomy on the economy
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight...
Donald Trump
American Eagle issues downbeat quarterly guidance as earnings miss expectations
American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer...
Gap shares plummet as retailer says tariffs could cost between $100 and $150 million
People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | ReutersGap said...
Jeep reveals new Cherokee SUV, confirms hybrid model
2025 Jeep Cherokee SUVStellantisDETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which...
Trump advisor Hassett is confident tariffs will prevail despite judges' ruling
National Economic Council Director Kevin Hassett speaks to reporters at the White House in Washington, D.C., U.S., April 14, 2025. Kevin...
High school sports at PBS stations could be at risk with potential federal funding cuts
Iowa PBS covers the 2024 State Girls Softball Championships live from Fort Dodge, Iowa in July 2024.Courtesy: Iowa PBSHigh school...
Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics
Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak...
Credit default swaps are back in fashion — even if the panic might be overblown
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 27, 2025,...
E.l.f. Beauty to acquire Hailey Bieber skincare brand Rhode in up to $1 billion deal
Hailey Bieber attends the Rhode UK launch party with Hailey Bieber at Chiltern Firehouse on May 17, 2023 in London,...
Musk says Trump's big bill undermines DOGE; president counters with political reality
Elon Musk criticized President Donald Trump's signature spending bill that recently made it through a House vote, saying it counters...
Hybrid leader Toyota targets major growth in plug-in vehicles amid industry's EV uncertainty
2023 Prius Prime on display, April 6, 2023.Scott Mlyn | CNBCPLANO, Texas — Twenty-five years after introducing many Americans to...
Fewer international tourists are visiting the U.S. — economic losses could be 'staggering,' researchers estimate
South_agency | E+ | Getty ImagesSpending from foreign visitors to the U.S. is poised to fall by $8.5 billion this...
Abercrombie & Fitch soars 27% even as retailer slashes profit outlook due to tariffs
Shares of Abercrombie & Fitch soared on Wednesday, even after the retailer slashed its profit outlook due to tariffs, which...
Macy’s cuts profit outlook as tariffs, promotions hit its business
Macy's cut its full-year profit guidance on Wednesday even as it beat Wall Street's quarterly earnings expectations.In a news release,...
Trump hails 'positive' step in U.S.-EU trade negotiations as markets hope for a deal
U.S. President Donald Trump gestures at the annual National Memorial Day Observance in the Memorial Amphitheater, at Arlington National Cemetery...
Consumer confidence for May was much stronger than expected on optimism for trade deals
Consumer optimism got a much-needed boost in May on hopes for trade peace between the U.S. and China, according to...
Trump clears Nippon merger with U.S. Steel
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024.Justin...
American Airlines CFO says some travelers are avoiding Newark airport
The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena...
Universal leans into theme parks with multibillion-dollar Epic Universe, even as economic uncertainty looms
The entrance portal to the Epic Universe theme park in Orlando, Florida, US, on Saturday, April 5, 2025.Thomas Simonetti |...
Family offices bet on the U.S. and stocks for 2025, UBS finds
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the...
