Month: April 2026
Intel shares jump 9% after buying back Ireland chip fab in sign of renewed strength
Intel shares jumped 9% Wednesday after the U.S chipmaker announced it would repurchase the 49% equity interest it did not own in its Fab 34 chip facility in Ireland for $14.2 billion. The semiconductor company sold the 49% stake in its Ireland manufacturing facility to buyout firm Apollo Global Management in 2024 for $11.2 billion. […]
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Germany stops gas stations from raising pump prices more than once a day
BERLIN, GERMANY – MARCH 16: A truck and a bicyclist pass by a petrol station that shows gasoline prices well over EUR 2.00 per litre on March 16, 2026 in Berlin, Germany. The German government, in response to dramatic price increases of petrol in Germany since the outbreak of the U.S.-Israeli military conflict with Iran, […]
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Supreme Court hears birthright citizenship case with Trump in room
People demonstrate outside the U.S. Supreme Court ahead of U.S. President Donald Trump’s expected arrival on April 01, 2026 in Washington, DC. Al Drago | Getty Images The Supreme Court began hearing oral arguments on Wednesday on whether an executive order by President Donald Trump can upend what has long been the constitutional guarantee of […]
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Apartment rents weaken further as war and job cuts weigh on demand
Key Points March rents were down 1.7% on an annual basis, according to Apartment List. That’s the largest drop since Apartment List began tracking in 2017and larger than the record set in the early months of the Covid pandemic. Rents are falling because vacancies are also unusually high. A version of this article first appeared […]
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Trump says Iran’s president asked for ceasefire, but U.S. wants Hormuz Strait open first
President Donald Trump on Wednesday said Iran’s president has asked the U.S. for a ceasefire. But the U.S. will “consider” the offer only once the Strait of Hormuz is “open, free, and clear,” Trump said on Truth Social. “Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!” […]
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Private sector hiring totaled 62,000 in March, better than expected, ADP says
Private sector employment growth was a bit better than expected in March, but health care and construction continued to provide nearly all the momentum, payrolls processing company ADP reported Wednesday. Job growth totaled 62,000 for the month, down just 4,000 from February’s upwardly revised level but above the Dow Jones consensus for 39,000. ADP’s report […]
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Oracle stock rises in premarket on plans to cut thousands of jobs
Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle rose in premarket trading on Wednesday as the multinational tech conglomerate looks to cut thousands of jobs to free up cash to build AI data […]
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The stock market rebound, Nike’s recovery questions, ‘Project Hail Mary’ and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. It’s also April Fools’ Day, so be wary of those too-good-to-be-true company announcements today. Stock futures are rising this morning. The three major indexes staged a big rally yesterday, ending their tough month and quarter on a high note. Here […]
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Five key questions Apple faces entering its second half-century
Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California. Justin Sullivan | Getty Images As Apple celebrates its 50th anniversary, the company that’s defined consumer electronics since introducing the iPod, and that forever changed user behavior in creating the iPhone, […]
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Visa launches new AI tools to manage the charge dispute process
Key Points Visa launched six new artificial intelligence tools to help entities involved in the payments process manage charge disputes, the company told CNBC exclusively. Visa said it processed more than 103 million disputes globally in 2025, marking a 35% increase since 2019. It’s the latest example of major financial institutions introducing AI. Source
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