Economy
Canada tariffs, McDonald’s value push, El Paso airport and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. For nearly a week last year, McDonald’s was the number-one global seller of one thing, and it wasn’t edible. The fast-food chain in December became the world’s top sock — yes, sock — seller thanks to its Grinch Meal. Stock […]
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Stocks making the biggest moves premarket: Cisco, QuantumScape, Rollins, Fastly and more
Check out the companies making the biggest moves in premarket trading: Restaurant Brands — Shares gained 1.3% following the Burger King parent’s beat on the top and bottom lines . Restaurant Brands reported fourth-quarter earnings of 96 cents per share, 1 cent higher than expected, per LSEG. Revenue came in at $2.47 billion, beating the […]
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UK economy ekes out 0.1% growth in the fourth quarter
Westminster, South Bank, London, England. Scott E Barbour | The Image Bank | Getty Images The U.K. economy grew a meager 0.1% in the fourth quarter, according to preliminary figures from the Office for National Statistics on Thursday. Economists polled by Reuters expected the economy to have grown 0.2% over the October-December period, following 0.1% growth in the […]
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Stocks making the biggest moves after hours: Cisco Systems, McDonald’s, AppLovin and more
Check out the companies making headlines after hours. Cisco Systems — The maker of networking hardware such as switches and routers dropped about 7% after posting non-GAAP gross margin of 67.5%, a little below the 68.1% estimate, according to LSEG. Otherwise, Cisco posted second-quarter results that exceeded estimates on the top and bottom lines. The […]
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Tariff revenue soars more than 300% as U.S. awaits Supreme Court decision
A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao, Shandong Province, China, Jan. 13, 2026. Cfoto | Future Publishing | Getty Images The U.S. government in January ran up a smaller deficit than a year ago, while tariff collections surged and provided a reminder of how pivotal a long-awaited […]
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David Einhorn says the Fed will cut ‘substantially more’ than two times. So he’s betting big on gold
Key Points David Einhorn of Greenlight Capital anticipates the Federal Reserve will cut more than twice in 2026, which is what traders have priced in. Einhorn owns gold and Secured Overnight Financing Rate, or SOFR, futures. Gold has seen massive gains in recent years, though it faced some pressure last month following President Donald Trump’s […]
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Stocks making the biggest moves midday: Acadia Healthcare, Vertiv, Moderna, Unity Software, Generac & more
Check out the companies making headlines in midday trading: Acadia Healthcare — The health-care stock popped 10% after investor David Einhorn told CNBC that he has been buying the stock. The Greenlight Capital fund manager said he’s hopeful the company’s new management will be able to improve its performance. Vertiv — The provider of data […]
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Here are the five key takeaways from the January jobs report
Jobseekers speak with recruiters past event signage during the WorkSource North Seattle Career Fair in Seattle, Washington, US, on Tuesday, Feb. 10, 2026. David Ryder | Bloomberg | Getty Images The January nonfarm payrolls report beat Wall Street expectations in both job creation and the unemployment rate. Here are the top five takeaways: From a […]
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U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3%
“Now Hiring” signage past recruiters as they speak to jobseekers during the WorkSource North Seattle Career Fair in Seattle, Washington, US, on Tuesday, Feb. 10, 2026. David Ryder | Bloomberg | Getty Images Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. […]
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These Democrats aren’t ready to jettison big business as party stalwarts shift left
Moderate Democrats looking for their party to take back control of the U.S. House in November are offering an alternative to the economic populism message peddled by their more liberal counterparts. A new blueprint from the center-left New Democrat Coalition, shared exclusively with CNBC, lays out a road map for addressing affordability — top on […]
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