Donald Trump
Treasury’s Bessent is called Trump ‘flunky’ by Democrat at House oversight hearing
Treasury Secretary Scott Bessent sparred with Democratic members of the House Financial Services Committee on Wednesday, with one calling him a “flunky” for failing to criticize investment from United Arab Emirates officials in the Trump family’s cryptocurrency venture. Rep. Gregory Meeks, D-N.Y., probed Bessent on alleged conflicts of interest and lack of transparency related to […]
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Alphabet to report earnings: AI, ad momentum key to the fourth quarter
Sundar Pichai, CEO of Google and Alphabet, attends the inauguration of a new hub in France dedicated to the artificial intelligence sector, at the Google France headquarters in Paris, France, on Feb. 15, 2024. Gonzalo Fuentes | Reuters Alphabet is set to report its fourth-quarter earnings Wednesday after the bell. Here’s what analysts polled by […]
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Disney’s next CEO, Chipotle’s traffic problem, government shutdown ends and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. In addition to Disney’s Josh D’Amaro, there was another top dog announced yesterday: Penny the Doberman pinscher won best in show at the Westminster Kennel Club Dog Show. Stock futures are ticking higher this morning. The market is coming off […]
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Trump says India won’t buy Russian oil anymore. Moscow insists India hasn’t said that
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi sit in a car during a welcoming ceremony at the Palam Air Base in New Delhi, India December 4, 2025. Grigory Sysoev | Via Reuters A day after President Donald Trump said India agreed to halt purchases of Russian oil as part of a new […]
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CNBC Daily Open: UBS posts strong earnings while Novo Nordisk’s U.S. shares crater on slowing growth
Sergio Ermotti, CEO of UBS, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. Oscar Molina | CNBC UBS fourth-quarter profit rose 56% year on year to $1.2 billion, beating expectations. The Swiss bank on Wednesday also announced plans for a $3 billion share buyback in 2026 […]
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Gold extends gains, breaking past $5,000; Asia stocks mostly track Wall Street losses on tech pullback
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets mostly fell Wednesday, tracking Wall Street losses after a sell-off in U.S. technology stocks weighed on sentiment, while gold extended gains for a second day. Japan’s Nikkei 225 lost 1.2%, dragged by tech […]
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Pinterest CEO rebukes, fires ‘obstructionist’ employees who created tool to track layoffs
Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest CEO Bill Ready rebuked staffers who created an internal tool to track layoffs at the company, and fired those involved. […]
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CNBC Daily Open: Nvidia denies rift with OpenAI, while software and asset management stocks plunge
Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Bridget Bennett | Bloomberg | Getty Images Advanced Micro Devices reported fourth-quarter earnings on Tuesday after the bell. The chipmaker beat Wall Street’s revenue and profit estimates, but shares plunged more […]
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Fed’s Stephen Miran resigns from White House post
Federal Reserve Board Governor Stephen Miran speaks on “Regulations, the Supply Side, and Monetary Policy” during the Delphi Economic Forum Lecture event, at the National Gallery in Athens, Greece, January 14, 2026. Louisa Gouliamaki | Reuters Federal Reserve Governor Stephen Miran has stepped down from his position as chair of the Council of Economic Advisers, […]
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Senate Banking Democrats demand delay on Warsh nomination until Powell and Cook investigations end
Senator Elizabeth Warren, a Democrat from Massachusetts, during a Senate Armed Services Committee confirmation hearing in Washington, DC, US, on Thursday, Jan. 15, 2026. Aaron Schwartz | Bloomberg | Getty Images Democrats on the Senate Banking Committee demanded that Chair Tim Scott delay the nomination of Kevin Warsh to lead the Federal Reserve until a […]
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