Economy
United Airlines CEO: Fuel spike will hit results, but travel demand hasn’t taken ‘even a tiny step back’
Scott Kirby, CEO of United Airlines, speaks during the WSJ’s Future of Everything 2025 at the Glasshouse on May 29, 2025 in New York City. Michael M. Santiago | Getty Images BOSTON — United Airlines CEO Scott Kirby said the spike in fuel prices since the U.S. and Israel attacked Iran on Saturday will have […]
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Jobs report, Gap’s weather problem, a new tariff lawsuit and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. As if this week wasn’t newsy enough, we’re minutes away from February’s jobs report. Stock futures are down this morning after a losing day. Here are five key things investors need to know to start the trading day: 1. Ups […]
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Stocks making the biggest moves premarket: Oil stocks, Gap, Marvell Technology, Samsara and more
Check out the companies making headlines before the bell. Gap — The apparel maker’s stock slid about 8% after Gap reported fourth-quarter earnings of 45 cents per share, just shy of analysts’ forecast of 46 cents a share, per LSEG. Gap’s revenue came in line with expectations at $4.24 billion. Marvell Technology — The company, […]
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UAE mulls freezing Iranian assets as Middle East conflict escalates: WSJ
The Damac Heights real estate development, right, in the Dubai Marina in Dubai, United Arab Emirates, on Friday, Feb. 20, 2026. Bloomberg | Bloomberg | Getty Images The United Arab Emirates is considering cutting off Iranian access to billions of dollars held in the Gulf state, the Wall Street Journal reported Thursday. The move could […]
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ATMs are fighting for relevance — here’s how they’re keeping up in a digital economy
As payments go digital and consumers migrate online, demand for branches and ATMs is shrinking — raising new questions about their place in a fully digital economy. As payments go digital and consumers migrate online, demand for branches and ATMs is shrinking — raising new questions about their place in a fully digital economy. For […]
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Stocks making the biggest moves after hours: Costco, Marvell Technology, Gap & more
Check out the companies making headlines in after-hours trading. Costco Wholesale — Shares of the big-box retailer dipped less than 1% in the after-hours session. Costco reported $4.58 cents per share in earnings on revenue of $69.6 billion in the fiscal second quarter, while analysts polled by LSEG expected $4.56 cents per share in earnings […]
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Op-ed: What $5 billion humanoid robots taught me about risk, jobs and the future of the economy
An Apollo humanoid robot prototype, made by Apptronik Inc., demonstrates its dexterity during a media day at the Mercedes-Benz Digital Factory Campus in Berlin, Germany on Tuesday, March 18, 2025. Bloomberg | Bloomberg | Getty Images Recently, Apptronik announced a $520 million funding round at a valuation north of $5 billion, with Alphabet‘s Google DeepMind […]
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Broadcom earnings, AI’s PR problem, Musk takes the stand 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’re concerned about automation impacting your job, I’m sorry to say this story Xiaomi’s humanoid robot “interns” probably won’t ease those worries. Stock futures are lower this morning. The three major indexes are coming off a winning day. Here […]
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Stocks making the biggest moves premarket: BJ’s Wholesale, Broadcom, Trade Desk, StubHub & more
Check out the companies making the biggest moves in premarket trading: BJ’s Wholesale Club — The warehouse giant shed 4.5% after its full-year guidance fell short of expectations. BJ’s Wholesale anticipates adjusted earnings between $4.40 per share and $4.60 per share, versus the $4.66 a share consensus estimate, per FactSet. Its fourth-quarter earnings and revenue, […]
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Iran war threatens $11.7 trillion global travel industry as passengers get caught in crossfire
Zoey Gong, a Chinese medicine food therapist, was days away from boarding an Emirates flight from Paris to Shanghai via Dubai, United Arab Emirates, when the U.S. and Israel attacked Iran on Saturday. Gong, 30, had her flight plans derailed as a result, and she told CNBC that she had to pay $1,600 to get […]
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