Treasury yields retreated on Friday after President Donald Trump ramped up trade tensions with Europe. The 30-year Treasury yield was down 2 basis point at 5.041%. The 10-year Treasury shed 4 basis points to 4.515%. The 2-year yield was unchanged to 3.998%. One basis point is equivalent to 0.01%, and yields move inversely to prices. In a Truth…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Wall Street declined on Friday after President Donald Trump threatened Apple and the European Union with tariffs. “I don’t think it’s down enough,” Jim Cramer said, referring to the…
Employees of the Department of Health and Human Services (HHS) hug each other as they queue outside the Mary E. Switzer Memorial Building, after it was reported that the Trump administration fired staff at the Centers for Disease Control and Prevention and at the Food and Drug Administration, as it embarked on its plan to…
US President Donald Trump (r) and Apple CEO Tim Cook speak to the press during a tour of the Flextronics computer manufacturing facility where Apple’s Mac Pros are assembled in Austin, Texas, on November 20, 2019. Mandel Ngan | AFP | Getty Images President Donald Trump said in a social media post Friday morning that…
Double Black Diamond Solar near Waverly, south of Springfield, Illinois, is set to be the largest solar farm east of the Mississippi River on July 31, 2024. E. Jason Wambsgans | Tribune News Service | Getty Images Solar stocks plunged Thursday after House Republicans passed a tax bill that terminates key clean energy credits. Residential…
People stand in front of an Apple store in Beijing, China, on April 9, 2025. Tingshu Wang | Reuters Apple on Friday raised the amount of money people can get off their next iPhone in China by trading in their old device, rolling out further incentives to spur demand in a crucial market. The iPhone…
OpenAI is betting a new “era” of computing will justify the company’s decision to spend billions of dollars on bespoke hardware to go with it, Chief Financial Officer Sarah Friar said. The artificial intelligence startup, best known for the ChatGPT chatbot, announced plans on Wednesday to buy iPhone designer Jony Ive’s devices startup io for…
Jaque Silva | Nurphoto | Getty Images Defense contractor L3Harris Technologies will pay $62 million to settle allegations that it lied about the prices of equipment it sold to the U.S. military years earlier, the Justice Department said Thursday. L3Harris was recently tapped to help modify a luxury Boeing 747 jet from Qatar’s royal family that President…
TOPSHOT – Customers enter an electronics shop in the Akihabara district of Tokyo on January 12, 2024. Richard A. Brooks | Afp | Getty Images Japan’s core inflation accelerated to 3.5% in April, government data showed on Friday, bolstered in part by surging rice prices, as the central bank considers pausing its rate hike posture…
Williams-Sonoma CEO Laura Alber told CNBC’s Jim Cramer how the company is dealing with the effects of President Donald Trump’s tariff hikes. “We’ve been busy,” she said. “And we’ve also been reminded, you know, it’s important to have that flexible mindset, but also to have options in sourcing, and particularly with our big programs, to…
