Donald Trump
Earned Income Tax Credit would rise to $5,500 per child under new Democratic measure
State Sen. Kristen McDonald Rivet addresses supporters of her campaign for Congress during a primary election night watch party in Saginaw, Michigan, on Aug. 6, 2024. Andrew Roth | AP Rep. Kristen McDonald Rivet, D-Mich., will introduce a new bill to expand the Earned Income Tax Credit to provide up to a $5,500 credit to […]
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Bank of America earnings, Kalshi’s DC charm offensive, a United-American merger 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 Tax Day. As of last week, the average tax refund this year is more than 10% higher than the same time a year ago, according to IRS data. S&P 500 futures are little changed this morning after the […]
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Top Energy Democrat probes Trump administration’s preparations for Strait of Hormuz closure
U.S. Sen. Martin Heinrich (D-NM) speaks to reporters after a roundtable on rising energy costs on Capitol Hill on March 17, 2026 in Washington, DC. Anna Moneymaker | Getty Images The top Democrat on the Senate Energy and Natural Resources Committee is probing whether the Trump administration adequately planned for the effective closure of the […]
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Kalshi and Polymarket vie for Washington influence as Congress contemplates regulation
With proposals to rein in prediction markets proliferating through the halls of Congress in recent weeks and months, Kalshi — one of the biggest players in the booming industry — went on defense. The New York-based platform launched an ad campaign throughout Washington, rolling out mint-green spreads on billboards, bus shelters and inserts in The […]
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Iran war ‘very close to over,’ Trump says — and the stock market ‘is going to boom’
U.S. President Donald Trump looks on after disembarking Air Force One as he arrives at Joint Base Andrews in Maryland, U.S., April 12, 2026. Kevin Lamarque | Reuters The Iran war is “very close to over” with authorities in Tehran eager to agree a peace deal, U.S. President Donald Trump claimed in an interview broadcast […]
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European stocks mixed as luxury slump weighs on sentiment
Traders work on the floor of the New York Stock Exchange during morning trading on April 13, 2026 in New York City. Michael M. Santiago | Getty Images LONDON — European stocks were in mixed territory on Wednesday as traders assess the trajectory of the U.S.-Iran war and the prospect of renewed peace talks. The […]
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Trump renews criticism of UK, saying it should ‘drill, baby, drill’ for North Sea oil
Conservative party leader Kemi Badenoch visits the Well-Safe Protector Oil Rig at Aberdeen’s South Harbour, on March 30, 2026 in Aberdeen, Scotland. Paul Reid | Getty Images News | Getty Images U.S. President Donald Trump has renewed his criticism of Britain’s energy policy, deriding the ruling center-left Labour government’s decision to ban licenses for new […]
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CNBC Daily Open: Back-to-back gains on Iran peace talks hope
A protester waves an Iranian flag and shouts slogans during a demonstration against US military action in Iran near the White House in Washington, DC, on April 7, 2026. Mandel Ngan | Afp | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. Not […]
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Trump takes aim at Pope Leo again, days after calling him ‘weak on crime’
Pope Leo XIV responds to questions regarding US President Donald Trump’s recent statements during the flight to Algeria on April 13, 2026 in Algiers, Algeria. Matteo Pernaselci | Vatican Pool | Getty Images U.S. President Donald Trump took aim at Pope Leo XIV again, suggesting that he was unaware of Iran’s repressive actions against its own […]
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U.S. says Hormuz blockade ‘fully implemented,’ while signaling diplomatic off-ramp for Iran
ANKARA, TURKIYE – APRIL 14: An infographic titled “US warships around the Strait of Hormuz” created in Ankara, Turkiye on April 14, 2026. (Photo by Yasin Demirci/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images The U.S. blockade of Iranian ports is now fully into effect, “completely” cutting off Tehran’s international sea trade that […]
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