Economy
FedEx has started delivering ‘promotion-ready’ AI training to over 400,000 workers
For the close to half-a-million workers at FedEx, a major AI journey is underway. The logistics giant is in the midst of a widespread AI literacy initiative that it says will make employees more knowledgeable, efficient and promotion-ready. Launched in early December in partnership with tech consulting firm Accenture, the enterprise-wide education program is also meant to spark innovation […]
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Analysis: Trump’s unshackled presidency puts him at the center of the economy
US President Donald Trump and Sanae Takaichi, Japan’s prime minister, during a meeting in the Oval Office of the White House in Washington, DC, US, on Thursday, March 19, 2026. Aaron Schwartz | CNP | Bloomberg | Getty Images Japanese Prime Minister Sanae Takaichi embraced President Donald Trump on Thursday, and not just on policy […]
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Small cap-focused Russell 2000 becomes the first of major U.S. benchmarks to enter correction territory this year
Key Points The Russell 2000 has fallen more than 10% off its recent high, becoming the first of the major U.S. benchmarks to fall into correction territory this year. A correction is defined as a decline of more than 10% and less than 20% from a recent high. Small caps are especially sensitive to changes […]
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Stocks making the biggest moves midday: SolarEdge Technologies, Super Micro Computer, FedEx & more
Check out the companies making the biggest moves midday: SolarEdge Technologies — The solar stock popped 14% following an upgrade to hold from underperform at Jefferies. “We are tactically upgrading SEDG to HOLD, as the escalating ME conflict is triggering a replay of the European energy security dynamics that ‘turbocharged’ SEDG’s business during the Russia-Ukraine […]
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Fed Governor Waller urges caution for now, says rate cuts possible later in the year
Key Points Federal Reserve Governor Christopher Waller on Friday expressed caution about current conditions but still sees the opportunity for interest rate cuts as the year goes on. In a CNBC interview, the policymaker said “if things go reasonably well and the labor market continues to be weak, I would start advocating again for cutting […]
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The Dow’s losing streak, fertilizer prices, Novo Nordisk’s new Wegovy shot and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. In a tale of two viral hotspots, Polymarket is planning a pop-up bar in Washington, D.C., while a New York City pharmacy is seeing a surge after its feature in FX’s “Love Story.” Stock futures are down this morning after […]
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Stocks making the biggest moves premarket: York Space Systems, Super Micro Computer, Planet Labs, FedEx & more
Check out the companies making headlines before the bell. York Space Systems — The space and defense stock gained 11% after posting full-year revenue that topped analyst expectations. The company’s top line totaled $386.2 million, while analysts polled by FactSet expected revenue of $383.5 million. York Space Systems also issued strong revenue guidance for 2026. […]
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Nvidia’s Huang pitches AI tokens on top of salary as agents reshape how humans work
Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | Afp | Getty Images The perks of working in Silicon Valley have long included high salaries. Now, some engineers may be offered a new incentive: artificial intelligence tokens. Nvidia CEO Jensen […]
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Trump invokes emergency powers with $23 billion in Gulf arms sales as Iran war wages on: WSJ report
U.S. President Donald Trump meets with NATO Secretary General Mark Rutte (not pictured), on the day he announces a deal to get weapons to NATO, in the Oval Office at the White House in Washington, D.C., U.S., July 14, 2025. Nathan Howard | Reuters The Trump administration has pressed forward with roughly $23 billion in […]
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China leaves March benchmark lending rates unchanged for 10th straight month
BEIJING, CHINA – NOVEMBER 11: The national flag of China flies in front of the headquarters of the People’s Bank of China (PBOC) on November 11, 2025, in Beijing, China. The PBOC serves as the country’s central bank, overseeing monetary policy, financial regulation, and currency issuance. (Photo by Cheng Xin/Getty Images) Cheng Xin | Getty […]
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