Breaking News: Economy
Watch: Trump delivers speech on the economy in Pennsylvania as cost concerns grow
[The stream is slated to start at 6:10 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is scheduled to deliver remarks on the U.S. economy as he works to sell a message of economic success to a country increasingly concerned about the cost […]
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Hassett likely next Fed chair, but most think Trump should nominate someone else, CNBC Fed survey shows
While markets expect Kevin Hassett to be named the next Federal Reserve chair, he is pointedly not the choice of respondents to the CNBC Fed Survey. The December survey shows 84% believe President Donald Trump will tap Hassett, director of the National Economic Council, to head the central bank. But only 11% think that’s what the […]
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Stocks making the biggest moves after hours: AeroVironment, GE Vernova, Cracker Barrel and more
Check out the companies making headlines in after-hours trading. AeroVironment — Shares of the defense technology provider slid more than 4% after its second-quarter earnings missed analyst expectations, coming in at 44 cents per share on an adjusted basis. That’s well below the 78 cents per share that analysts surveyed by LSEG estimated. The company’s […]
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The Fed decision is expected to feature a rate cut and a lot more. Here’s what to expect
The Federal Reserve is poised to deliver its third straight interest rate cut Wednesday, while simultaneously firing a warning shot about what’s ahead. Following a period of remarkable indecision about which way central bank policymakers would lean, markets have settled on a quarter percentage point reduction. If that’s the case, it will take the Fed’s […]
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Ford to use Renault tech, plants to battle cheap Chinese EVs in Europe
CEO of Ford Jim Farley and CEO of Renault Group Francois Provost react during a press conference as Renault Group and Ford announce the formation of a strategic partnership for passenger and commercial vehicles, in Paris, France, Dec. 8, 2025. Tom Nicholson | Reuters Renault will jointly develop small, cheaper electric vehicles for Ford for […]
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Vietnam’s stock market is booming in 2025. Why this may just be the beginning
Move over, China. Vietnam appears to be taking some of the shine away from Asia’s largest market. Propelled by stock market growth, domestic reforms and trade developments, Vietnam has garnered massive popularity in 2025, with the VanEck Vietnam ETF (VNM) surging around 62%. The iShares MSCI China ETF (MCHI) has lagged behind that, climbing almost […]
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FDA approves Merck drug for decimated U.S. cattle herds to stop screwworm
Cattle detained in the pens of the Chihuahua Regional Livestock Union , at the Jeronimo-Santa Teresa border crossing in Ciudad Juarez, Mexico on November 27, 2024, after the United States stopped imports of Mexican cattle due to the presence of screwworm. Anadolu | Anadolu | Getty Images U.S. cattle ranchers will soon have a new […]
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Commercial real estate deal volume drops for the first time in nearly two years
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. The recovery in […]
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Trump’s trade war shift away from Chinese manufacturing has reached tipping point
A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over […]
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Treasury Secretary Bessent says he has divested his soybean farm
U.S. Treasury Secretary Scott Bessent speaks to the media outside the White House on Nov. 5, 2025 in Washington, DC. Andrew Harnik | Getty Images U.S. Treasury Secretary Scott Bessent, a key figure in implementing President Donald Trump’s economic agenda including tariffs, disclosed on Sunday that he has recently divested his interests in a soybean […]
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