CNBC

Public schools across the United States are facing a financial reckoning in 2025 as federal pandemic relief funds expire and student enrollment continues to decline, according to data from the Georgetown Edunomics Lab. Find the full report: cnb.cx/4lIkNGq

President Donald Trump on Tuesday said he has “no intention” of firing Federal Reserve Chair Jerome Powell before his term leading the U.S. central bank expires next year. Find more: cnb.cx/3Gmm8Cz

Bill Ford, General Atlantic chairman and CEO discusses the ongoing TikTok negotiations. Watch the full interview: cnb.cx/3RwCZoK

One of America's most fragrant retailers is well-positioned in the face of tariffs. Bath & Body Works produces 80% of its products in the United States. The candle maker and personal care company has been incrementally shifting its production to the U.S. for more than a decade. Find the full report on what analysts believe is in store for Bath & Body Works: cnb.cx/3GgjcaL

The Food and Drug Administration is phasing out the use of petroleum-based synthetic dyes by the end of next year, the agency announced on Tuesday. Full details: cnb.cx/4cJukJj

Tesla and CEO Elon Musk are struggling with negative perceptions, according to the CNBC All-America Economic survey. cnb.cx/4jo0896

DETROIT – Six of the top policy groups representing the U.S. automotive industry are uncharacteristically joining forces to lobby the Trump administration against 25% tariffs on auto parts that are set to take effect by May 3. The group – representing franchised dealers, suppliers and nearly all major automakers – say in a letter to Trump administration officials that the upcoming levies could jeopardize U.S. automotive production. The letter notes many auto suppliers are already "in distress" and wouldn't be able to afford the additional cost increases, leading to broader industry problems. "Most auto suppliers are not capitalized for an abrupt tariff induced disruption. Many are already in distress and will face production stoppages, layoffs and bankruptcy," the letter reads. "It only takes the failure of one supplier to lead to a shutdown of an automaker's production line. When this happens, as it did during the pandemic, all suppliers are impacted, and workers will lose their

With the IRS expected to lose about a third of its staff after firings and buyouts, wealthy taxpayers and attorneys are struggling to navigate the new regime. The upside for high earners is clear: Fewer agents means fewer audits and reviews. But at the same time IRS audits and enforcement fall, accountants and tax lawyers say it’s likely the agency will have less capacity to provide decisions or paperwork that can solve a tax problem. Full story: cnb.cx/3S5qznK

Elon Musk's automaker Tesla just reported a 20% drop in automotive revenue year-over-year, and missed Wall Street expectations -- which were already pretty tempered to begin with. Here are the key numbers from the Q1 2025 investor deck. We'll be listening to the earnings call so you don't have to- please check CNBC for updates... https://lnkd.in/gBqDz25u #Tesla #tsla #earnings

In the years following the pandemic, remote work became the new normal, but that’s not the case anymore. Companies like AT&T, Amazon and Dell have brought their employees back into the office five days a week. What’s causing the push for employees to return-to-office, and is it the best way forward? Read more: cnb.cx/4jlOw6c