Day: September 17, 2025
Johnson says Democrats will ‘lose that battle’ if shutdown hinges on ACA subsidies
House Speaker Mike Johnson accused Democrats in Congress on Wednesday of inserting “partisan political preferences” into the government funding fight, and said they are risking a shutdown if they don’t drop their demands. “It doesn’t make any sense, and they’re going to lose that battle,” Johnson said on CNBC’s “Squawk Box” of his Democratic colleagues. […]
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Trump pick Stephen Miran confirmed to Federal Reserve Board; will also keep White House job
Stephen Miran, chairman of the Council of Economic Advisers, following a television interview outside the White House in Washington, DC, US, on Tuesday, June 17, 2025. Aaron Schwartz | Bloomberg | Getty Images The Senate on Monday confirmed President Donald Trump’s pick to join the Federal Reserve, Stephen Miran, just one day before the central […]
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Mortgage rates drop to 3-year low ahead of Fed meeting
Mortgage rates dropped sharply Tuesday, as investors in mortgage-backed bonds seemed to buy in ahead of a widely expected rate cut by the Federal Reserve. The average rate on the 30-year fixed mortgage dropped 12 basis points from Monday to 6.13%, according to Mortgage News Daily. That is the lowest level since late 2022. “The […]
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Trump cannot fire Fed’s Lisa Cook before FOMC meeting, appeals court rules
Lisa Cook, governor of the US Federal Reserve, during the Thomas Laubach Research Conference hosted by the US Federal Reserve Board of Governors in Washington, DC, US, on Friday, May 19, 2023. Al Drago | Bloomberg | Getty Images A federal appeals court ruled Monday that President Donald Trump cannot fire Federal Reserve Governor Lisa […]
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Live Nation CEO touts soaring demand, says concert tickets are still relatively underpriced
Live Nation CEO Michael Rapino and Smith Entertainment Group CEO Ryan Smith said this week that live events are more central than ever to culture and commerce in a post-pandemic world. Speaking at CNBC Sport and Boardroom’s Game Plan conference on Tuesday, the executives said that the high demand for in-person events has been unmistakable. […]
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‘That’s cute’: Frontier CEO fires back at United CEO declaring discount airline model dead
President and CEO of Frontier Airlines, Barry Biffle attends The Future of Everything presented by the Wall Street Journal at Spring Studios on May 17, 2022, in New York City. Steven Ferdman | Getty Images Entertainment | Getty Images Frontier Airlines CEO Barry Biffle fired back at his counterpart at United Airlines who said the […]
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Eli Lilly pill outperforms Novo Nordisk’s oral drug in head-to-head diabetes trial
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly on Wednesday said its experimental pill outperformed Novo Nordisk‘s own oral drug in the first head-to-head study comparing the two medicines in patients with Type 2 diabetes. The […]
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Healthy Returns: What to know about RFK Jr.’s five new vaccine panel members
U.S. Health and Human Services Secretary Robert F. Kennedy Jr., testifies before a Senate Finance Committee hearing on President Donald Trump’s 2026 health care agenda, on Capitol Hill in Washington, D.C., U.S., September 4, 2025. Jonathan Ernst | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest […]
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NCAA sports commissioners weigh revenue models, private equity in NIL era
Big East Commissioner Val Ackerman, Atlantic Coast Conference Commissioner Jim Phillips, and Big 12 Commissioner Brett Yormark. Porter Binks | Matt Kelley | Stacy Revere | Getty Images College sports leaders are crunching the numbers as they head toward payments for players and new avenues for revenue growth. Speaking at CNBC Sport and Boardroom’s Game […]
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NHL embracing return to Olympics after 12-year absence
Gary Bettman, NHL commissioner, speaking on CNBC’s “Squawk Box” on Nov. 20, 2024. CNBC The 2026 Winter Olympics in Milan will mark the first time in 12 years that NHL players will return to the Games, something NHL Commissioner Gary Bettman is expecting to have a big effect on the league. “Ultimately, in terms of […]
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