CNBC Top News

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• Marty Makary resigns as FDA commissioner following industry and White House backlash

  Makary's tenure was marked by internal dysfunction at the FDA, leadership turmoil and mounting backlash from drugmakers and physicians on regulatory decisions.

• Companies start getting tariff refunds after Supreme Court decision

  After the Supreme Court ruled some of President Trump's tariffs unconstitutional, the first wave of tariff refunds have begun flowing in.

• Laid-off GM employees tell of ominous email, severance and role of AI

  General Motors employees who were laid off Monday described their job terminations to CNBC.

• United Airlines flight attendants ratify new contract with 31% raises this summer

  United Airlines flight attendants ratify labor deal that would provide first raises in nearly six years.

• The summer box office is off to a hot start as weekend ticket sales top $160 million

  The summer box office is off to a sizzling start, thanks in part to strong week-after-week performance from returning titles.

• GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs

  General Motors is laying off hundreds of salaried employees in its information technology operations.

• JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount

  The KKR fund, often referred to by its ticker, FSK, has become one of the most visible fault lines in the private credit story.

• The wealthy keep buying Manhattan real estate despite potential pied-à-terre tax

  Real estate sales in Manhattan worth $4 million or more increased in the past month, according to Olshan Realty.

• April home sales disappoint as higher mortgage rates weigh on buyers

  Home sales barely moved in April, as mortgage rates shot higher the month before and uncertainty over the war with Iran weighed on consumers.

• High gas prices are hurting restaurant sales — but not all chains

  Restaurant traffic fell 2.3% in March compared with the year-ago period, according to Black Box Intelligence.