Michele Theodore

1 week ago | cnbc.com | Michele Theodore

Here are five key things investors need to know to start the trading day:1. Wild weekStocks rose Friday, wrapping up one of the most volatile weeks ever on Wall Street. The S&P 500 added 1.81%, the Dow Jones Industrial Average climbed 619.05 points, or 1.56%, and the Nasdaq Composite rose 2.06% to end the week. Despite the rally last week, all three major averages are still down sharply since President Donald Trump announced his tariff policy at the beginning of the month.

1 week ago | cnbc.com | Michele Theodore

Here are five key things investors need to know to start the trading day:1. The Down JonesStocks on Thursday gave back some of the gains from the previous day's historic rally. The Dow Jones Industrial Average dropped 1,014.79 points, or 2.5%, while the S&P 500 lost 3.46% and the Nasdaq Composite sold off 4.31%. Tech stocks led some of the slide, as Apple fell 4.2%, Tesla pulled back 7.3%, Nvidia dropped nearly 6% and Meta Platforms sank almost 7%. Follow live market updates. 2.

2 weeks ago | cnbc.com | Michele Theodore

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 Fred Cromer, Chief Operating Officer John Bendoraitis and General Counsel Thomas Canfield — has been tapped to lead the airline until a replacement is found. Christie had been president and CEO of Spirit since 2019 and saw the airline through the Covid pandemic.

2 weeks ago | cnbc.com | Dan Mangan |Kevin Breuninger |Christina Wilkie |Michele Theodore

Trump's tariff fallout starts with layoffs, price hikes and trade war tensions, driving a broad market sell-off.

3 weeks ago | flipboard.com | Dan Mangan |Kevin Breuninger |Christina Wilkie |Michele Theodore

1 hour agoTrump ally likens BBC host to ‘kindergartener’ over tariffs question before threatening to walk out of interviewDonald Trump's ally Sebastian Gorka compared the BBC's Victoria Derbyshire to a kindergartener during a heated interview. The US president's deputy assistant spoke to the Newsnight host after the Republican imposed tariffs on what he described as "Liberation Day," including a 10 per cent tariff on US imports of UK goods.