Tobias Lütke, CEO of Shopify, speaks at the Collision conference in Toronto, Canada, on May 22, 2019. David Fitzgerald | Sportsfile | Getty Images Shopify CEO Tobi Lutke is changing his company’s approach to hiring in the age of artificial intelligence. Employees will be expected to prove why they “cannot get what they want done…
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 Monday ‘ s key moments. 1. Stocks were down again on Monday in a volatile session. The S & P 500 is now 20% below its record high, signaling a bear market. The…
A tugboat pushes a barge near the U.S. Steel Corp. Clairton Coke Works facility in Clairton, Pennsylvania, on Sept. 9, 2024. Justin Merriman | Bloomberg | Getty Images President Donald Trump on Monday ordered the planned acquisition of U.S. Steel to undergo a new review after the company’s pending purchase by Japan’s Nippon Steel was…
A Spirit Airlines aircraft prepares to depart from the Austin-Bergstrom International Airport on November 13, 2024 in Austin, Texas. Brandon Bell | Getty Images Ted Christie, CEO of Spirit Airlines, is stepping down from his role leading the embattled carrier, effective Monday, the company said. A group of several company executives — Chief Financial Officer…
U.S. Treasury yields dropped again on Monday as President Donald Trump’s tariffs spurred a flight to safety while riskier markets took a hit. At 5:15 a.m. ET, the 10-year Treasury yield fell over 5 basis points to 3.936%. The 2-year Treasury yield dropped over 16 basis points to 3.52% and hit its lowest level since September 2022. One basis point…
In this photo illustration, the logo of TikTok is displayed on a smartphone screen on April 5, 2025 in Shanghai, China. Vcg | Visual China Group | Getty Images Apple will keep ByteDance-owned TikTok on its App Store for at least 75 more days after receiving assurances from Attorney General Pam Bondi, according to a…
President Donald Trump said Sunday evening that he is not intentionally engineering the ongoing stock market sell-off, but said little to try and dissuade it. “I don’t want anything to go down, but sometimes you have to take medicine to fix something,” Trump told reporters aboard Air Force One Sunday night when asked about the…
Traders work on the floor at the New York Stock Exchange in New York City, U.S., April 4, 2025. Brendan McDermid | Reuters When stock prices and stock futures fall rapidly in a single session, exchanges implement halts in trading to allow a moment for cooler heads to prevail and avoid market crashes we’ve seen…
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025. Pavel Mikheyev | Reuters U.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump’s global tariffs would push the U.S., and maybe the world, into a…
Stanley Druckenmiller at CNBC’s Delivering Alpha on Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller made a rare post on the social media platform X on Sunday, reiterating his opposition to tariffs exceeding 10%. The founder of Duquesne Family Office has been consistent in opposition to the U.S. imposing tariffs above 10%…
