Year: 2026
3M forecasts annual profit below estimates amid sluggish consumer demand
3M products at a Home Depot in San Rafael, California, April 30, 2024. Justin Sullivan | Getty Images Industrial giant 3M forecast annual profit slightly below Wall Street’s expectation on Tuesday, pointing to a challenging and uneven demand backdrop, even as it tightens costs to shield margins. Shares of the Saint Paul, Minnesota-based company fell […]
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Greenlanders ‘bewildered’ by Trump’s ‘devastating’ takeover threats, business minister tells CNBC
Naaja Nathanielsen, Greenland’s minister for industry, raw materials, mining, energy, law enforcement and equality, addresses MPs at a meeting in the Inter-Parliamentary Union (IPU) room, in the Houses of Parliament, Westminster, organised by the APPG for Greenland following US threats to take over the territory. James Manning – Pa Images | Pa Images | Getty […]
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Trump’s Greenland tariff threats could be upended by Supreme Court decision
U.S. President Donald Trump speaks as he meets with Secretary General of NATO Mark Rutte in the Oval Office of the White House in Washington, D.C., on Oct. 22, 2025. Kevin Lamarque | Reuters Trade attorneys tell CNBC that the looming U.S. Supreme Court ruling on President Donald Trump’s tariffs could impact Trump’s threats to […]
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Macron decries ‘bullies’ as he urges Trump to suspend tariffs
France’s President Emmanuel Macron looks on during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Fabrice Coffrini | Afp | Getty Images French President Emmanuel Macron has hit out at “bullies” as he called for […]
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Ray Dalio warns that ‘capital wars’ could follow Trump’s actions, with countries dumping U.S. assets
Key Points Ray Dalio told CNBC he is concerned that countries holding large amounts of U.S. dollars and Treasurys may become less willing to finance U.S. deficits if trust erodes. At the same time, the U.S. continues to issue large volumes of debt, creating a problematic situation if confidence weakens on either side, Dalio said. […]
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U.S. 30-year Treasury yield jumps 9 basis points as trade war fears reignite
Traders work on the floor of the New York Stock Exchange. NYSE U.S. Treasury yields jumped on Tuesday as investors weighed renewed tariff threats from Washington that revived fears of a trade war with Europe and spurred a flight from U.S. assets. Yields on the benchmark 10-year Treasury were last seen trading 6 basis points […]
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Amazon CEO Jassy says Trump’s tariffs have started to ‘creep’ into prices
Amazon CEO Andy Jassy said President Donald Trump’s sweeping tariffs are starting to be reflected in the price of some items, as sellers weigh how to absorb the shock of the added costs. Amazon and many of its third-party merchants pre-purchased inventory to try to get ahead of the tariffs and keep prices low for […]
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Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake
Key Points CNBC reported Monday, citing a person familiar with the matter, that Powell plans to be present for oral arguments in a case that challenges Trump’s power to remove governor Lisa Cook. “I actually think that’s a mistake,” Bessent told CNBC’s Joe Kernen in an interview from the World Economic Forum in Davos, Switzerland. […]
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Evercore ISI turns bullish on Toast, cites improved risk-reward after sell-off
Evercore ISI said Toast ‘s recent pullback has created a more attractive risk-reward setup. The investment firm upgraded the restaurant management software stock to an outperform rating from in line. Analyst Adam Frisch’s $40 price target offers upside of 19% from where shares of Toast closed Friday. Toast stock has slipped 12% over the past […]
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