Breaking News: Economy
American Airlines no longer lets basic economy flyers earn miles
American Airlines Grant Baldwin | Getty Images American Airlines customers flying on basic economy fares will no longer earn frequent flyer miles or points toward elite status, the carrier said this week. “We routinely evaluate our fare products to remain competitive in the marketplace. Customers who purchase a Basic Economy ticket on December 17, 2025 and […]
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Bank of England cuts interest rates, in welcome Christmas boost for consumers
The Bank of England (BOE) in the City of London, UK, on Monday, Dec. 15, 2025. Bloomberg | Bloomberg | Getty Images The Bank of England voted narrowly to cut interest rates on Thursday, in its last monetary policy move of 2025. The central bank’s nine-member monetary policy committee (MPC) on Thursday voted 5-4 to […]
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American Airlines starts flying the longest-range narrow-body Airbus plane. Here’s what’s inside
The economy cabin of American Airlines A321XLR. Leslie Josephs/CNBC American Airlines is about to fly passengers to California for the first time on a skinny, long-range plane that it hopes will change air travel. The airline’s head of network planning now has to decide where else it should fly. The first Airbus A321XLR for a […]
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Trump to address the nation live on Wednesday night
[The stream is slated to start at 9 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump will deliver a live address to the nation from the White House at 9 p.m. ET on Wednesday. The speech comes as several polls show his approval […]
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Trump tariffs: Small businesses take on high-interest rate loans to cover new costs
A protester with the Main Street Alliance holds a sign outside the U.S. Supreme Court, as its justices are set to hear oral arguments on President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, Nov. 5, 2025. Nathan Howard | Reuters Some small businesses that […]
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The chart that has Michael Burry worried about the stock market
Michael Burry is warning that a shift in household wealth could leave the stock market vulnerable to a long and significant downturn. “The Big Short” investor pointed to a graphic produced by Wells Fargo showing that U.S. households now hold a larger share of their net worth in equities than in real estate — a […]
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Why this billionaire real estate developer is waving a red flag over data centers
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Fernando de Leon, […]
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What Trump’s reclassification of pot and CBD could mean for seniors, research and stocks
Tarek Adieh, of Tampa, Florida, looks at cannabis flower from wholesaler Dep Kings at CHAMPS Trade Show at the Palmer Events Center Thursday, Sept. 11, 2025. Jay Jannar | Hearst Newspapers | Getty Images President Donald Trump is expected to sign an executive order this week that would broadly expand access to cannabis. Industry advocates, […]
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Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show
A “Help Wanted” sign hangs in a restaurant window in Medford, Massachusetts, Jan. 25, 2023. Brian Snyder | Reuters Nonfarm payrolls grew slightly more than expected in November but slumped in October while unemployment hit its highest in four years, the Bureau of Labor Statistics reported Tuesday in numbers delayed by the government shutdown. Job […]
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