Donald Trump
Trump calls Strait of Hormuz the ‘Strait of Trump’
President Donald Trump speaks during the Future Investment Initiative Summit in Miami, March 27, 2026. Mandel Ngan | AFP | Getty Images President Donald Trump on Friday winkingly referred to the Strait of Hormuz, the vital oil-shipping route and a key choke point in the Iran war, as the “Strait of Trump.” Iran has to […]
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Dow tumbles almost 800 points and enters correction, S&P 500 posts fifth straight losing week: Live updates
Traders work on the floor of the New York Stock Exchange on March 27, 2026. Spencer Platt | Getty Images The Dow Jones Industrial Average tumbled on Friday and fell into correction territory, while Brent topped $110 after incidents in the Strait of Hormuz exacerbated investors’ energy supply concerns and President Donald Trump’s latest comments […]
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Tech stocks suffer worst week in nearly a year, driven down by war worries, Meta legal woes
Meta Platforms Chief Executive Mark Zuckerberg (C) arrives for a meeting U.S. Sen. Majority Leader John Thune (R-SD) on Capitol Hill on March 26, 2026 in Washington, DC. Andrew Harnik | Getty Images A bad week for stocks was particularly rough for tech investors, as the Nasdaq suffered its worst weekly drop since April 2025. […]
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TSA officers will start getting paychecks as early as Monday, DHS says
Staff work at Ronald Reagan Washington National Airport in Arlington, Virginia, on March 13, 2025. Annabelle Gordon | AFP | Getty Images Read more CNBC government shutdown coverage “Today, at the direction of President Trump and @SecMullinDHS, TSA has immediately begun the process of paying its workforce,” DHS said in the post on X on […]
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White House launches app touting Trump’s record, with some key omissions
The White House in Washington, DC, US, on Saturday, Jan. 3, 2026. Aaron Schwartz | Bloomberg | Getty Images The White House on Friday launched a smartphone app that touts a selection of President Donald Trump’s second-term accomplishments and curates favorable news articles. It also invites users to report to U.S. Immigration and Customs Enforcement. […]
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Analysis: What might trip up Kevin Warsh and his agenda as Fed chair
Oil prices are surging. Inflation forecasts are rising. Futures markets increasingly raise the chances of a rate hike from the Federal Reserve. And then there’s Kevin Warsh and his stated desire — and edict from President Donald Trump — to cut interest rates. Even before a hearing is scheduled on his nomination as the next Fed chair, Warsh’s ambitious agenda for “regime change” at the Fed […]
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1.4 million filers face tax refund delays amid IRS paper check phaseout
Tunyada Kongkapan | E+ | Getty Images A growing number of filers are facing tax refund delays amid a government-wide phaseout of paper checks. House Ways and Means Committee Democrats this week sent another letter to Treasury Secretary Scott Bessent, with “additional concerns” about roughly 1.4 million IRS notices sent to filers about refund delays […]
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Economist Nouriel Roubini: Trump is likely to escalate the Iran war — risking ‘1970s stagflation’
U.S. President Donald Trump is likely to escalate the war with Iran, risking “1970s stagflation” if it does not go as planned, renowned economist and investor Nouriel Roubini told CNBC. Speaking to CNBC’s Carolin Roth at the Ambrosetti Forum in Cernobbio, Italy on Friday, Roubini — best known for predicting the 2008 Global Financial Crisis […]
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Trump’s Iran extension, DHS funding deal, Anthropic’s injunction and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. If you’re as fascinated by the retail sector as I am, you’ll want to read this exclusive from CNBC’s Melissa Repko. I don’t want to spoil it, so just I’ll say that Target isn’t over its boycott woes. Stock futures […]
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Senate advances DHS funding bill, tees up House vote to end shutdown as TSA lines stretch
Senate Minority Leader Chuck Schumer (D-NY) speaks during a rally against the SAVE America Act outside the U.S. Capitol in Washington, DC, United States, on March 18, 2026. Nathan Posner | Anadolu | Getty Images The Senate early Friday morning advanced a bill to fund most of the Department of Homeland Security, in a move […]
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