Month: January 2026
Meta set to report earnings: Update on revamped AI strategy is key to fourth quarter
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta on Wednesday will report fourth-quarter earnings, and investors will be looking for any […]
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Weak dollar winners: These stocks could get a boost if Trump keeps talking the greenback lower
President Donald Trump helped push the U.S. dollar lower on Tuesday after saying he didn’t mind a weaker greenback — a shift that could benefit certain stocks with big foreign sales. U.S. companies with large overseas businesses often get a boost when the dollar weakens. Not only are their businesses more hedged against a waning […]
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Apple’s Cook says he’s ‘heartbroken’ by Minneapolis events and has spoken with Trump
US businessman Tim Cook looks on during the World Economic Forum (WEF) annual meeting in Davos on Jan. 20, 2026. Ludovic Marin | AFP | Getty Images Apple CEO Tim Cook said he was “heartbroken” by the situation in Minneapolis and called for an easing of tensions in a note to employees this week, CNBC […]
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Oil prices rise after Trump says a ‘massive Armada is heading to Iran’
The USS Abraham Lincoln (CVN-72), a Nimitz-class nuclear-powered aircraft carrier, is shown at Naval Air Station North Island in San Diego, California, U.S. August 11, 2025. Mike Blake | Reuters Crude oil prices rose Wednesday after President Donald Trump warned Iran that a “massive Armada” is heading in its direction and time is running out […]
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Trump lowered ‘temperature’ on Minnesota, wants to avoid shutdown: Bessent
Treasury Secretary Scott Bessent speaking to CNBC on Jan. 28th, 2026. CNBC President Donald Trump has “brought down the temperature” on civil unrest in Minnesota over aggressive federal immigration efforts there, Treasury Secretary Scott Bessent said Wednesday. Trump is now “urging” lawmakers to take action to avoid triggering a partial government shutdown amid disputes over […]
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AI industry looks to repeat crypto lobbying success and put war chest to work in midterm elections
The polling site at Davies Student Center on Election Day, Nov. 5, 2024 at the University of Wisconsin-Eau Claire in Eau Claire, Wisconsin. The Washington Post | The Washington Post | Getty Images The age of the AI super PAC is here, and it has ballot boxes across the U.S. in its sites ahead of […]
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JPMorgan Chase and Bank of America to match $1,000 U.S. contributions to employee ‘Trump accounts’
Key Points JPMorgan Chase and Bank of America said Wednesday in separate announcements that the firms will match the U.S. government’s one-time $1,000 contribution to new children’s retirement savings accounts for eligible employees, the latest financial firm to announce such a measure. The so-called “Trump accounts” are part of a pilot program that deposits $1,000 […]
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Allbirds becomes latest retailer to close brick-and-mortar stores in shift to online focus
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Shoe brand Allbirds on Wednesday became the latest retailer to shift its focus from physical stores to online retail to increase profitability. The company announced that it will close […]
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New York Mayor Mamdani says city must hike taxes on rich to fill $12 billion deficit
New York Mayor Zohran Mamdani on Wednesday said the city’s wealthiest must pay more in taxes to help fill the staggering $12 billion budget deficit he was left by his predecessors. Mamdani, in an interview with CNBC’s Andrew Ross Sorkin at City Hall, said his administration will be up front with New Yorkers about budget […]
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The dollar could have further to fall as its decline creates a ‘double-edged sword’ for America
Skaman306 | Moment | Getty Images The dollar is in a bear market, market watchers said on Wednesday, as one warned the weaker greenback is a “double-edged sword” for the U.S. economy. Tuesday saw the dollar suffer its worst one-day slide since April — when Trump’s so-called “liberation day” announcements sparked what became known […]
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