Donald Trump
Powell sees inflation outlook in check, no need to hike rates because of oil shock
Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as grounded despite rising energy prices so the central bank doesn’t need to respond with higher interest rates. As his term leading the central bank nears an end, Powell avoided questions about the longer-term direction of […]
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401(k) alternative asset rule proposed by Labor Department
A sign is displayed at the Department of Labor Frances Perkins Building on June, 2025, in Washington. Kevin Carter | Getty Images The Department of Labor on Monday proposed a rule that would allow 401(k) plans to more easily include alternative assets such as cryptocurrency, real estate and private market assets. The proposal is in […]
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Oil’s record month, TSA pay, the Pokémon card resale market and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. This article about the future of film studios’ animated slates was the reminder I needed to go see “Hoppers,” as it feels like I’m the only one of my friends who hasn’t. Stock futures are higher this morning as Wall […]
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Trump says U.S. will destroy Iran’s oil wells, Kharg Island without deal to ‘immediately’ reopen Hormuz Strait
Satellite view of Kharg Island, located in the Persian Gulf off the coast of Iran. Gallo Images | Gallo Images | Getty Images U.S. President Donald Trump said Monday that the U.S. will “completely” obliterate Iran’s electric generating plants, oil wells and Kharg Island if the strategically vital Strait of Hormuz is not “immediately” reopened […]
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Pessimism sets in for Europe as Iran war hits economic and consumer confidence
Shoppers pass fruit and vegetable stalls in the Bauveau Market in Paris, France, on Wednesday, Feb. 15, 2023. Bloomberg | Bloomberg | Getty Images Economic and consumer confidence plummeted in Europe in March, according to official data released on Monday, in the latest evidence of how the Iran war is upending growth and inflation expectations. […]
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Quantum firms are racing to market as the industry hits ‘inflection point’
Photo from Horizon Quantum’s listing ceremony at the Nasdaq MarketSite in New York City on Friday, March 20, 2026. Quantum computing firms are defying turbulent markets to go public this year, as companies seek to raise funds to capitalize on recent scientific breakthroughs and push the experimental technology closer to commercialization. One such firm, Xanadu […]
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Treasury yields move lower as investors look to jobs data
U.S. Treasury yields were lower early on Monday as investors looked ahead to key jobs data and monitored the U.S.-Iran war, which entered its fifth week. At 4:13 a.m. ET, the benchmark 10-year Treasury yield was down over 4 basis points to 4.393%, while the 30-year Treasury bond also shed 4 basis points to yield at 4.933%. The 2-year Treasury yield […]
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Russian oil tanker reportedly arrives in Cuba after Trump softens approach to U.S. blockade
An old Soviet-era Lada car drives past a truck belonging to a private Cuban company (mipyme) parked in front of a gas station with an IsoTank of imported fuel in Havana on March 19, 2026. Adalberto Roque | Afp | Getty Images A Russian oil tanker carrying a humanitarian shipment of 100,000 tons of crude […]
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CNBC Daily Open: Trump’s ‘favorite thing’ is Iranian oil
A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026 Planet Labs Pbc | Via Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. Sometimes, two things can be true at the same time. But U.S. President Donald Trump’s declaration […]
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European markets set to start the week lower as Iran war intensifies
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, March 9, 2026. Michael Nagle | Bloomberg | Getty Images LONDON — European stocks are expected to open in negative territory on Monday as investors grapple with a further escalation in the Iran war and the conflict […]
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