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20

Trump trial: Porn star hush money reimbursements were made pursuant to agreement with Trump sons

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The New York criminal hush money trial of Donald Trump resumed with witness testimony from former Trump Organization controller Jeff McConney.

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Renters' hopes of being able to buy a home have fallen to a record low, New York Fed survey shows

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The share of renters who believe that they one day will be able to afford a home, fell to a record low 13.4%.

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Trump Media hires new auditor after previous accounting firm charged with 'massive fraud'

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Truth Social owner Trump Media went public under the DJT ticker in late March, after merging with Digital World Acquisition Corp.

Ex-CEO Howard Schultz says Starbucks needs to revamp its stores after big earnings miss

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In its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.

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U.S. automakers like GM are rapidly losing ground in China, once an engine for growth

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GM's fall from grace in China is staggering amid geopolitical tensions with the U.S., along with changing consumer sentiment and increased domestic competition.

01

Warren Buffett weighs in on his own mortality at this year's Berkshire Hathaway annual meeting

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The "Oracle of Omaha" spoke candidly about a future when he's no longer there to lead the conglomerate he built with the late Charlie Munger.

Friday, May 3

22

Apple remains Buffett's biggest public stock holding, but his thesis about its moat faces questions

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Berkshire Hathaway has been amassing a stake in Apple since 2016, and now owns about 6% of the iPhone maker.

Trump trial: Former top aide Hope Hicks cries as cross-examination begins

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Judge Juan Merchan has yet to rule on whether Donald Trump once again violated the gag order barring him from speaking about jurors and witnesses.

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Guo Wengui chief of staff Yvette Wang pleads guilty to $1 billion fraud conspiracy in New York

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Guo Wengui, an associate of Trump White House advisor Steve Bannon, is due to stand trial in the fraud case in New York federal court in several weeks.

19

Why many Americans still feel bad about the economy despite strong data

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There is a pervasive sense of disconnect between the overall economic picture and how people feel about the economy.

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SEC charges Trump Media auditor with 'massive fraud' on hundreds of companies, imposes lifetime ban

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Trump Media, the owner of the Truth Social app, trades under the DJT ticker. Former President Donald Trump is the majority shareholder of the company.

Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide

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Amgen's update fueled concerns about potential new competition in the weight loss drug market, sending shares of Novo Nordisk and Eli Lilly lower.

AI engineers report burnout and rushed rollouts as 'rat race' to stay competitive hits tech industry

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AI workers across the tech industry told CNBC that the pressure to roll out features and products at breakneck speed has come to define their jobs.

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U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%

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Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.

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Apple's falling iPhone sales don't bother Wall Street so long as margins, buybacks are increasing

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Apple shares jumped after the company's earnings report on Thursday even though iPhone sales dropped more than expected.

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Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%

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Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.

Thursday, May 2

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Amgen scraps experimental weight loss pill, moves forward with injection

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Amgen is among several drugmakers racing to join the red-hot weight loss drug space dominated by Novo Nordisk and Eli Lilly.

23

Here's what to expect from the April jobs report on Friday

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The Bureau of Labor Statistics report drops at 8:30 a.m. ET.

22

Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid

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Sony and Apollo showed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance.

Trump denies sleeping during trial: 'I simply close my beautiful blue eyes'

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Donald Trump returned to his criminal hush money trial in New York after Judge Juan Merchan held him in contempt for violating his gag order.

Democratic senator aims at Amazon's labor practices with first federal bill regulating quotas

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The bill seeks to regulate productivity quotas used by warehouse employers including Amazon.

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Trump campaign lawyers can't quit workplace discrimination case for now, judge rules

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The lawsuit by A.J. Delgado claims the Trump campaign discriminated against her after she revealed she was pregnant by Jason Miller, another advisor.

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Trump Media pushes House to probe 8 firms over short-selling of DJT shares

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Donald Trump is the majority shareholder in Trump Media and the best-known user of its Truth Social app. When DJT shares fall, his net worth can take a bit hit.

U.S. intelligence chief warns Congress of rise in cyberattacks

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The new comments from Haines come as companies such as UnitedHealth Group, MGM Resorts and Clorox have been disrupted by cyberattacks in the past year.

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Moderna loses less than expected as Covid vaccine sales beat estimates, cost cuts take hold

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The company reiterated its full-year 2024 sales guidance of roughly $4 billion, which includes revenue from the expected launch of its RSV vaccine.

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'Liquid gold': An olive oil shortage is fueling record prices and food insecurity fears

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A shortage of olive oil has driven prices to record highs, fueled a crime surge and pushed the industry into crisis mode.

03

Amazon CEO Andy Jassy broke federal labor law with anti-union remarks

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A National Labor Relations Board judge, citing 2022 interviews with CNBC, Bloomberg and The New York Times, found Amazon CEO Andy Jassy broke labor law.