CNBC News

China industrial profits jump 24.7% in April, fastest gain in over two years despite headwinds

China’s industrial profits grew at their fastest pace in over two years in April, buoyed by stronger exports, higher producer prices and gains in upstream indu…

Paxton bests Cornyn in Texas Republican Senate primary after Trump endorsement

President Donald Trump last week endorsed Texas Attorney General Ken Paxton over incumbent Sen. John Cornyn.

European companies double down on China manufacturing despite EU de-risking push

Low manufacturing costs in China are keeping many European businesses' supply chains in the country despite pressure in the EU to reduce overseas reliance.

Federal judge had sex in chambers with high-ranking police officer, panel says

The judge sits in a district court in either Alabama, Georgia or Florida, but their name is being kept secret by a disciplinary panel.

Trump officials split over Pope Leo’s AI warning as Vatican feud enters new front

Pope Leo XIV’s AI warning shows split among Trump officials as the White House resists new guardrails, upping stakes with Catholic voters and Silicon Valley al…

Trump cancels Camp David Cabinet trip, citing weather

Trump has rarely visited Camp David during either of his presidential terms, though he frequently spends time outside the White House at his own properties.

Stocks making the biggest moves after hours: Zscaler, Insulet, Box and more

See which stocks are posting big moves after the bell.

Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs

Prolonged closure of Strait of Hormuz could send crude oil prices to new highs this summer.

Pope Leo is concerned about AI replacing human work. Traders share his concern long term

The leader of the Catholic Church warned about artificial intelligence upending the labor market. Traders on Kalshi see unemployment jumping before 2030.

Democratic attorneys general snub Vance's anti-fraud roundtable at White House after late invite

Vice President JD Vance is leading an initiative by the Trump administration to reduce fraud in federally funded programs that are administered by states.

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