CNBC Daily Open: U.S. consumers are starting to feel the pinch of Trump tariffs

If you don’t tell your money where to go, it’ll just disappear.

Author

Consumer Finance Tools
April 29, 2025

In partnership with

Today’s Fastest Growing Company Might Surprise You

🚨 No, it's not the publicly traded tech giant you might expect… Meet $MODE, the disruptor turning phones into potential income generators.

Mode saw 32,481% revenue growth, ranking them the #1 software company on Deloitte’s 2023 fastest-growing companies list.

📲 They’re pioneering "Privatized Universal Basic Income" powered by technology — not government, and their EarnPhone has already helped consumers earn over $325M!

Invest in their pre-IPO offering before their share price changes on May 1st.

*An intent to IPO is no guarantee that an actual IPO will occur. Please read the offering circular and related risks at invest.modemobile.com.
*The Deloitte rankings are based on submitted applications and public company database research.

Tool Time Tuesday

Today’s Tool: Simplifi by Quicken

Keeping track of your spending shouldn’t feel like a second job.
Simplifi is a sleek, app-based budget tool that auto-categorizes your expenses, shows you your real-time cash flow, and helps you plan with actual visibility — not guesses.

It’s ideal for busy people who hate Excel, want automation, and prefer clean visuals to complex spreadsheets.

White House blasts Amazon over tariff cost report: 'Hostile and political act'

By Kevin Breuninger

The White House slammed Amazon for reportedly planning to display the cost of President Donald Trump's tariffs next to the total price of products on its site.

5 things to know before the stock market opens Tuesday

By Josephine Rozzelle

Here are five key things investors need to know to start the trading day.

BP CEO Murray Auchincloss discusses first-quarter results

By @CNBC

BP CEO Murray Auchincloss discusses the company's strategic reset and the outlook for the business amidst geopolitical turmoil and increased need for energy security.

TD Cowen lowers view on this telehealth stock

By Hakyung Kim

The stock may struggle in the near-term

High-Yield Savings Rates Today

By Miranda Marquit

Review current rates for high-yield savings accounts to help reach your savings goals faster.

Treasury Secretary Scott Bessent says individual investors trust President Trump

By Yun Li

The former hedge fund CEO said individual investors, who have held their positions through the market turmoil, have faith in Trump's tariff policy.

Featured Reads

No New Things: A Radically Simple 30-Day Guide to Saving Money, the Planet, and Your Sanity by Ashlee Piper

From award-winning sustainability expert Ashlee Piper, a witty, no-nonsense guide to regaining control over your time, consumerist impulses, and financial and mental wellness

A Final Note

Budgeting isn’t about perfection. It’s about paying attention — and adjusting when needed.

Want to add more to your financial toolkit?

Market Cheat Sheet

Invest Smarter with a 5-Min Read. Clear, no-fluff stock market insights to boost your wealth—curated for busy minds 📈⏱️