Breaking News: Economy
China’s investment crash raises credit risks for homebuilders, banks, government: Fitch
CHONGQING, CHINA – JANUARY 16: An elderly man walks along a street with high-rise residential buildings under construction in the background, where tower cranes and overhead power lines are visible on January 16, 2026, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images China’s sharp investment downturn is amplifying credit risks across […]
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Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’
Key Points President Donald Trump said Wednesday he is nearing the end of a search to replace Federal Reserve Chair Jerome Powell and hinted he has his candidate in mind. “I’d say we’re down to three, but we’re down to two. And I probably can tell you, we’re down to maybe one, in my mind,” […]
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Trump says he reached Greenland deal ‘framework’ with NATO, backs off Europe tariffs
U.S. President Donald Trump holds a bilateral meeting with NATO Secretary General Mark Rutte at the World Economic Forum (WEF) in Davos, Switzerland, Jan. 21, 2026. Jonathan Ernst | Reuters President Donald Trump on Wednesday said he and NATO Secretary General Mark Rutte have “formed the framework of a future deal with respect to Greenland.” […]
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I was in the room when Trump addressed leaders in Davos. Here are my top takeaways
CNBC’s Spriha Srivastava stood in line for 90 minutes to be in the room to hear Trump speak at Davos. Spriha Srivastava | CNBC This week in Davos has been about many things: AI, geopolitics and markets. But President Donald Trump has been firmly at the front of everyone’s mind. His much-anticipated address at the World Economic Forum drew thousands, with […]
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European lawmakers suspend U.S. trade deal amid Greenland tariff tensions
European lawmakers on Wednesday suspended the approval of the trade deal the EU and U.S. agreed in July. In a statement on Wednesday, European Parliament member Bernd Lange, and INTA chair on EU-US trade relations, said the recent plans by President Donald Trump to impose tariffs of between 10% to 25% on European nations go […]
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Trump calls for ‘immediate negotiations’ on Greenland, but rules out using force
US President Donald Trump delivers a speech during the World Economic Forum Annual Meeting in Davos, Switzerland, on January 21, 2026. Harun Ozalp | Anadolu | Getty Images President Donald Trump on Wednesday called for “immediate negotiations” with Denmark to “discuss the acquisition of Greenland by the United States.” But Trump, in an address to […]
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OpenEvidence, the ‘ChatGPT for doctors,’ doubles valuation to $12 billion
A startup widely known as “ChatGPT for doctors” raised a new funding round that values the company at $12 billion. OpenEvidence, based in Miami, Florida, closed a $250 million financing, led by Thrive Capital and DST, the company told CNBC. The startup first raised outside capital in February, when it reeled in $75 million from […]
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10-year Treasury yield inches lower as investors monitor escalating trade tensions
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 20, 2025. Brendan McDermid | Reuters The benchmark 10-year Treasury yield moved lower on Wednesday, tentatively retreating from a sell-off that spurred a flight from U.S. assets on Tuesday, as fresh tariff threats ignited renewed ‘sell America’ […]
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Stocks making the biggest moves after hours: Netflix, United Airlines, Interactive Brokers and more
Check out the companies making headlines in after-hours trading. Netflix — Shares of the streaming giant declined 4% after Netflix reported a narrow earnings beat for the quarter that ended Dec. 31, posting earnings per share of 56 cents while analysts polled by LSEG estimated 55 cents per share. The company’s revenue of $12.05 billion […]
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United Airlines could hit record earnings after strong start to 2026
A United Airlines airplane undergoes service at the George Bush Intercontinental Airport on Nov. 6, 2025 in Houston, Texas. Brandon Bell | Getty Images United Airlines on Tuesday said it could generate record earnings this year thanks to strong travel demand, with sales of premium seats, business travel and no-frills tickets robust in recent weeks. […]
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