Donald Trump
Citi spells out 3 scenarios for the Strait of Hormuz — and where oil prices would go in each
Oil prices could soar to $130 a barrel by the end of June if flows through the Strait of Hormuz remain disrupted, as Citi analysts outlined a number of possible scenarios facing oil markets. An oil market recovery hinges upon the full reopening of the strait, according to Citi analysts, ahead of Tuesday’s deadline for […]
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Trump says ‘maybe’ government should help struggling Spirit Airlines
President Donald Trump said Tuesday that the federal government could help struggling Spirit Airlines as the discount carrier faces the possibility of liquidation. Trump told CNBC’s “Squawk Box”: “I don’t mind mergers. I think I’d love somebody to buy Spirit, as an example. You know, Spirit’s in trouble. … Maybe the federal government should help that […]
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UPS and FedEx have begun filing for some tariff refunds
FedEx and UPS delivery vans are seen in Krakow, Poland on February 22, 2022. Beata Zawrzel | Nurphoto | Getty Images The refund process for tariffs has begun, but it could be months before consumers start reaping those rewards. Following the Supreme Court ruling that some tariffs were unconstitutional, U.S. Customs and Border Protection opened […]
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Trump says he’ll ‘remember’ companies that don’t seek tariff refund
President Donald Trump on Tuesday told CNBC that he will gratefully “remember” U.S. companies that do not seek refunds for the tariffs he unilaterally imposed, which the Supreme Court later ruled were illegal. Trump’s comment on “Squawk Box” came a day after U.S. Customs and Border Protection opened a portal for importers to seek more […]
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Trump says Anthropic is shaping up and a deal is ‘possible’ for Department of Defense use
President Donald Trump on Tuesday told CNBC that “it’s possible” there will be a deal allowing Anthropic’s artificial intelligence models to be used within the Department of Defense. “They came to the White House a few days ago, and we had some very good talks with them, and I think they’re shaping up,” Trump said […]
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Kevin Warsh arrives on Capitol Hill for Fed confirmation hearing: Live updates
Who is Kevin Warsh? Kevin Warsh, a former member of the Federal Reserve Board of Governors, arrives at the Sun Valley Resort for the Allen and Company Sun Valley Media and Technology Conference in Sun Valley, Idaho, U.S., July 8, 2025. Brendan McDermid | Reuters Warsh, 56, is an Ivy League-educated lawyer who’s worked in […]
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Trump expects U.S. to make ‘great deal’ with Iran
President Donald Trump on Tuesday said he believes the United States is “going to end up with a great deal” with Iran to end the weeks-long war. “I think they have no choice,” Trump said during an interview with CNBC’s “Squawk Box,” when asked what he expected to come out of a second round of […]
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Trump’s foreign policy is not derailing Latin American stocks’ bull run
U.S. stocks underperformed global peers last year as President Donald Trump’s trade policies and apparent threats to Federal Reserve independence contributed to periodic bouts of investors opting to “sell America”. Latin American markets were a major beneficiary. Trump’s approach to the region so far in 2026 has included an operation to seize and extract Venezuela’s […]
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Apple’s next CEO, Warsh’s confirmation hearing, the psychedelic stock surge and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. President Donald Trump will join CNBC’s “Squawk Box” for a live interview at 8:30 a.m. ET this morning. Watch live on CNBC or CNBC+. Stock futures are rising after a down day on Wall Street. Here are five key things […]
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Here’s what to expect from Fed chair nominee Kevin Warsh’s Senate hearing Tuesday
Key Points Fed chair nominee Kevin Warsh travels to Capitol Hill on Tuesday to convince lawmakers he can carry out a presidential push for lower interest rates while remaining free of political constraints. Political independence has been a key question surrounding the search for a successor to current Chair Jerome Powell. In remarks he’s scheduled […]
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