Month: March 2026
Trump-Xi China summit may be delayed if Trump wants to stay in Washington for Iran war: Bessent
Treasury Secretary Scott Bessent said Monday that the meeting between President Donald Trump and Chinese Leader Xi Jinping could be delayed for logistical reasons during an appearance on CNBC’s “Squawk Box.” Trump suggested on Sunday that the summit could be delayed as the U.S. pressures China to help the U.S. reopen the Strait of Hormuz. […]
Read More
Oil continues to rise, the Federal Reserve, Nvidia’s big week and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. CNBC’s Brian Sullivan sat down with Treasury Secretary Scott Bessent this morning in Paris, where Bessent just met with his Chinese counterpart. The Cabinet secretary said that “logistics” could delay Trump’s planned trip to China later this month. Stock futures […]
Read More
DHS shutdown impact: Former United Airlines CEO Oscar Munoz on the disruption to travel
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Oscar Munoz, former United Airlines chairman and CEO, joins ‘Squawk Box’ to discuss the impact of the ongoing partial government shutdown on TSA workers, the open letter from airline executives urging Congress to end the shutdown, impact of TSA staffing shortages on […]
Read More
Stocks making the biggest moves premarket: Micron Technology, Nebius Group, Dollar Tree & more
Check out the companies making the biggest moves before the bell: Nebius Group — The artificial intelligence infrastructure company rallied 14% after announcing a deal with Meta. As part of the agreement, Nebius will “provide $12 billion of dedicated capacity across multiple locations,” it said in a statement. This comes after the firm announced another […]
Read More
Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending
Arda Kucukkaya | Anadolu | Getty Images Meta stock was on the up before U.S. markets opened on Thursday following reports the company is planning to lay off over 20% of its workforce to balance its staggering AI spending plans this year. While the timing and details of the cuts had not been finalized, top […]
Read More
Dubai International Airport resumes ‘limited’ flights after drone attack
TOPSHOT – A smoke plume rises from an ongoing fire at Dubai International Airport in Dubai on March 16, 2026. Flights were gradually resuming at Dubai airport on March 16, previously the world’s busiest for international flights, the airport operator said, after a “drone-related incident” sparked a fuel tank fire nearby, as Iran kept up […]
Read More
UniCredit to strengthen stake in Commerzbank to 30% laying groundwork for potential takeover
UniCredit has launched an offer to build its stake in Commerzbank above 30%, a key regulatory threshold if the lender is to launch a full takeover bid. The Milan-headquartered UniCredit already holds a 28% stake in Commerzbank, comprising about 26.04% in shares with the rest in total return swaps. The deal is expected to involve […]
Read More
‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls
U.S. President Donald Trump speaks to members of the media before boarding Air Force One for travel to Florida, at Joint Base Andrews, Maryland, U.S., March 13, 2026. Kevin Lamarque | Reuters U.S. President Donald Trump said Sunday that other countries should help the U.S. secure the Strait of Hormuz, arguing the key shipping route […]
Read More
UAE’s Fujairah oil trading hub targeted by a drone attack, causing large fire
A drone attack at the United Arab Emirates’ key oil trading hub of Fujairah triggered a large fire, authorities said on Monday, with no injuries reported. “Civil Defense teams in the Emirate immediately responded to the incident and are continuing their efforts to control it,” Fujairah Media Office said on social media, according to a […]
Read More
Government bonds are having their safe haven status tested as the Iran war drags on. Here’s why
Global markets have been turbulent since the first U.S. and Israeli strikes on Iran at the end of February, as soaring oil prices have weighed on equities and even so-called “safe haven” have been dragged into the volatility. Government bonds, which are often used to hedge portfolios against riskier assets like stocks, have been no […]
Read More