Economy
Small furniture retailers face existential tariff threat, regardless of Supreme Court ruling
President Donald Trump’s so-called “reciprocal tariffs” could be struck down by the U.S. Supreme Court as soon as this week. Regardless of the ruling, there’s little comfort to be found for the furniture industry. Furniture importers are facing steep, and in some cases stacking, import duties after the industry was hit with higher tariffs on […]
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United Airlines is paring back rewards for travelers who don’t have its credit card in MileagePlus overhaul
No United Airlines credit card? Soon you’ll earn fewer miles than other travelers. United is overhauling its MileagePlus frequent flyer program to reward travelers with more miles and lower redemption rates, including for some of its long-haul business-class seats — if they have one of the airline’s credit cards. It’s the latest move by an […]
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Stocks making the biggest moves premarket: Walmart, Hims & Hers, Carvana, Figma & more
Check out the companies making the biggest moves in premarket trading: Walmart — The big-box retailer shed 3.7% after its full fiscal year outlook fell short of expectations. Walmart said it anticipates net sales will increase by 3.5% to 4.5% and adjusted earnings per share to range from $2.75 to $2.85. Analysts polled by LSEG […]
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Vietnamese airlines sign deals for nearly 100 Boeing jets during party chief’s Washington visit
Officials from the U.S. and Vietnam, including the head of Vietnam’s Communist Party, To Lam, witnessing a deal signed by Stephanie Pope, president and CEO of Boeing Commercial Airplanes, and Dang Ngoc Hoa, chairman of the Board of Directors of Vietnam Airlines, at a ceremony in Washington, D.C. on Feb. 19. Three Vietnamese airlines announced […]
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‘Do not give away Diego Garcia’: Trump attacks the UK over Chagos Islands deal, again
U.S. President Donald Trump and British Prime Minister Keir Starmer hold a press conference following their meeting at Chequers, near Aylesbury, Britain, Sept. 18, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump has once again criticized the U.K.’s plan to hand the Chagos Islands back to Mauritius, telling the country not to “give away” […]
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Stocks making the biggest moves after hours: Carvana, Etsy, DoorDash, Booking Holdings, Figma and more
Check out the companies making headlines in after-hours trading. DoorDash — The food delivery company’s stock price fell nearly 1% in extended trading on the back of weak results . For the fourth quarter, DoorDash reported 48 cents per share in earnings, falling short of the 58 cents per share expected from analysts polled by […]
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Fed officials split on where interest rates should go, minutes say
Divided Federal Reserve officials at their January meeting indicated that further interest rate cuts should be paused for now but could resume later in the year only if inflation cooperates. While the decision to hold the central bank’s benchmark rate steady mostly was met with approval, the path ahead appeared less certain, with members conflicted […]
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Stocks making the biggest moves midday: Wingstop, Moody’s, Madison Square Garden Sports & more
Check out the companies making headlines in midday trading. Wingstop — Shares of the chicken wing chain jumped about 13% on an upbeat outlook . Wingstop said it sees flat to low-single digit domestic same-store sales growth for fiscal 2026. In the fourth quarter, the company’s same-store sales declined 5.8% on a year-over-year basis, coming […]
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The ‘boomcession’: Why Americans feel left behind by a growing economy
Fotostorm | E+ | Getty Images Welcome to the “boomcession.” The term is a portmanteau of the words “boom” and “recession.” It highlights how the average American doesn’t feel like they’re reaping the benefits of an economy that is — on paper — humming along, according to creator Matt Stoller. Economic output and the stock […]
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Amazon’s losing streak, Berkshire’s new position, the ‘boomcession’ and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. I’ve been craving birria since reading about the Mike’s Red Tacos new franchising plan. Stock futures are higher this morning. The three major indexes all ended yesterday’s session little changed. Here are five key things investors need to know to […]
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