timef 04/12/2025
- Trump exempts phones, computers, chips from new tariffs cnbc.com2025-04-12 22:11:26
Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make many of their products.
- Trump's ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion cnbc.com2025-04-12 21:00:01
Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100 billion for the industry.
- Tokenization of the market, from stocks to bonds to real estate is coming, says BlackRock CEO Larry Fink, if we can solve one problem cnbc.com2025-04-12 20:52:09
BlackRock CEO Larry Fink thinks tokenization of stock and bond markets will revolutionize financial ownership and investing, but there's a security challenge.
- Third Point, D.E. Shaw obtain agreements with CoStar. How the activists can build value cnbc.com2025-04-12 19:51:28
Third Point and D.E. Shaw are like-minded investors obtaining separate agreements with CoStar.
- How China used Vietnam to evade higher U.S. tariffs cnbc.com2025-04-12 19:02:01
Vietnam, the 6th largest source of U.S. imports, is caught in the middle of an escalating trade war between the United States and China.
- Meta adds former Trump advisor to its board cnbc.com2025-04-12 06:32:14
Dina Powell McCormick's husband is a Republican senator who received Trump's endorsement, and she served in Trump's first administration.
- Ex-OpenAI staffers support Musk's case against startup's effort to transform into for-profit company cnbc.com2025-04-12 06:24:47
A group of former OpenAI employees is backing Elon Musk's argument that the artificial intelligence startup should not become a for-profit company.
- Mortgage rates surge over 7% as tariffs hit bond market cnbc.com2025-04-12 03:25:03
Mortgage rates surged over 7% to end the week, after massive volatility in bond markets surrounding President Donald Trump's tariff agenda.
- Here’s how much a ‘Made in the USA’ iPhone would cost cnbc.com2025-04-12 01:35:26
The White House says President Trump believes Apple can make a U.S. iPhone, but there are many reasons why analysts say that's likely not possible.
- U.S. Customs reports 'glitch' in system used by freight shippers for tariffs cnbc.com2025-04-12 01:07:01
A Customs notice reported a glitch in a system shippers use to exempt freight from tariffs. Logistics experts say it is a bad sign for the supply chain.
- 10-year Treasury yield tops 4.5% after surge this week that's worrying Wall Street and the White House cnbc.com2025-04-12 00:47:18
The 10-year Treasury yield was higher on Friday as the bond market sell-off resumed, influenced by U.S. President Donald Trump's fast-changing tariff policies.
