business news
Shopify stock drops despite revenue beat, $2 billion buyback
An employee works at Shopify’s headquarters in Ottawa, Ontario in Canada. Chris Wattie | Reuters Shopify on Wednesday reported fourth-quarter results that beat on the top line and gave strong guidance to start the year. The stock slid more than 3%. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings […]
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Property Play: Delinquencies in commercial mortgage-backed securities are on the rise. Here’s what’s happening
Key Points Delinquencies in commercial mortgage-backed securities rose again in January, up 17 basis points from December to 7.47%, according to Trepp. The increase was driven by the beleaguered office sector, which has a lot of distressed properties to work through but is seeing improvements in fundamentals. The rate increase was driven by two exceptionally […]
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After GOP rebellion, House set for Wednesday vote on Trump’s Canada tariffs
U.S. President Donald Trump speaks with the media before boarding Marine One for travel to Florida from the South Lawn of the White House in Washington, D.C., U.S., Feb. 6, 2026. Leah Millis | Reuters The House is slated to vote Wednesday on a resolution disapproving of President Donald Trump’s tariffs against Canada, in what […]
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U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3%
“Now Hiring” signage past recruiters as they speak to jobseekers during the WorkSource North Seattle Career Fair in Seattle, Washington, US, on Tuesday, Feb. 10, 2026. David Ryder | Bloomberg | Getty Images Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. […]
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Value is the key to McDonald’s growth plans, but it’s creating tensions with some franchisees
The restaurant sector has spent the past 18 months trying to figure out how to reach consumers in a hypercompetitive and uneven economy. McDonald’s, which is set to report earnings after the bell Wednesday, has doubled down on value messaging to customers via Extra Value Meals and Snack Wraps, which will likely help to boost […]
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FAA halts El Paso airport flights for 10 days, citing ‘special security’ instructions
El Paso International Airport Google Earth The Federal Aviation Administration abruptly grounded all flights in and out of El Paso International Airport in Texas for 10 days starting Wednesday, citing “special security” instructions. The FAA didn’t immediately say what the security reasons for the sudden halt are. The airport sits next to Biggs Army Airfield […]
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Heineken to slash up to 6,000 jobs in AI ‘productivity savings’ amid slump in beer sales
An employee checks a Heineken beer bottle on a packaging conveyor at the Heineken NV brewery in Zoeterwoude, Netherlands. Jasper Juinen | Bloomberg | Getty Images Dutch brewer Heineken is planning to lay off up to up to 7% of its workforce, as it looks to boost efficiency through productivity savings from AI, following weak […]
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These Democrats aren’t ready to jettison big business as party stalwarts shift left
Moderate Democrats looking for their party to take back control of the U.S. House in November are offering an alternative to the economic populism message peddled by their more liberal counterparts. A new blueprint from the center-left New Democrat Coalition, shared exclusively with CNBC, lays out a road map for addressing affordability — top on […]
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January’s jobs report, Ford earnings, Epstein fallout and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning, and happy jobs Wednesday. We may have had to wait five extra days for January’s nonfarm payrolls report, but at least we’ve had the Winter Olympics to pass the time. Norway currently leads with six gold medals, while the U.S. […]
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Stock futures tick higher as traders await delayed January jobs report: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on February 09, 2026 in New York City. Spencer Platt | Getty Images Stock futures inched higher on Wednesday as traders looked ahead to the release of the delayed January jobs report. S&P 500 futures rose 0.1% while Nasdaq 100 futures gained 0.2%. […]
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