Economy
European markets in positive territory; Greenland remains in focus
LONDON — European markets opened in positive territory on Friday. The pan-European Stoxx 600 was up 0.37% at 8:30 a.m. in London (3:30 a.m. ET), with major regional bourses and most sectors in the green. It was confirmed Friday morning that British mining firm Rio Tinto was in preliminary talks to acquire Swiss firm Glencore, […]
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Trump instructs ‘representatives’ to buy $200 billion in mortgage bonds, aiming to lower rates
US President Donald Trump speaks during a bill signing ceremony in the Oval Office of the White House in Washington, DC, US, on Friday, Dec. 12, 2025. Francis Chung | Politico | Bloomberg | Getty Images President Donald Trump on Thursday said he is “instructing my Representatives” to buy $200 billion in mortgage bonds, claiming […]
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Stocks making the biggest moves after hours: General Motors, Intel, Tilray Brands & more
Check out the companies making headlines in after-hours trading. General Motors — Shares of the Detroit automaker dropped 2% in extended trading after General Motors said in a regulatory filing that it will record $7.1 billion in special charges for the fourth quarter of 2025 tied to its pullback in electric vehicles and restructuring efforts […]
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The Supreme Court may rule Friday on Trump’s tariffs. Here’s what’s at stake for the economy
A cargo ship sits in New York Harbor on Nov. 19, 2025 in New York City. Spencer Plat | Getty Images The U.S. Supreme Court on Friday could rule on the legality of President Donald Trump’s tariffs, a decision poised to have far-reaching impacts on not only trade policy, but also the U.S. fiscal situation. […]
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Supreme Court tariff decision: U.S. Customs has new deadline for companies seeking refunds
The Contemplation of Justice statue at the US Supreme Court in Washington, DC, US, on Tuesday, Nov. 4, 2025. Pete Kiehart | Bloomberg | Getty Images There is a new deadline for U.S. importers to file for electronic refunds if the Supreme Court rules President Donald Trump’s IEEPA tariffs are illegal. U.S. Customs published details […]
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Treasury Secretary Bessent says more Fed rate cuts are ‘only ingredient missing’ for stronger economy
U.S. Treasury Secretary Scott Bessent speaks during a press conference to unveil the official Trump Accounts website, at the Treasury Department in Washington, D.C., U.S., December 17, 2025. Aaron Schwartz | Reuters Treasury Secretary Scott Bessent on Thursday pressed the administration’s desire for lower interest rates, saying they are the key to future economic growth. […]
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Trump’s defense spending plans, Venezuelan oil, Ford’s eyes-off driving push and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. If you can’t already tell from reading this newsletter, I’m a big cliché user. So with the S&P 500‘s first losing day of the year, maybe traders can seek solace from the age-old saying: It’s a marathon, not a sprint. […]
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Stocks making the biggest moves premarket: Lockheed Martin, Northrop Grumman, Gap, Alcoa & more
Check out the companies making the biggest moves in premarket trading: Defense stocks — Defense stocks jumped after President Donald Trump called for a defense budget of $1.5 trillion in 2027, saying in a Truth Social post he wanted to build a “Dream Military.” Lockheed Martin and L3Harris Technologies rallied 8%, while Northrop Grumman soared […]
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Private payrolls rose 41,000 in December, slightly below expectations, ADP says
A “Join Our Team” flyer at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Wednesday, Oct. 1, 2025. Allison Joyce | Bloomberg | Getty Images Private sector job creation turned positive in December though at a bit softer pace than expected, payrolls processing firm ADP reported Wednesday. Companies added […]
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American Airlines keeps frequent flyer status requirements the same, following rivals
Joe Raedle | Getty Images News | Getty Images American Airlines said Wednesday that it will keep the spending requirements to earn elite frequent flyer status in 2027 steady for a third consecutive year as the carrier courts higher-spending travelers and tries to catch up to industry profit leaders Delta Air Lines and United Airlines. […]
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