Economy
‘Never interrupt your adversary when he’s making a mistake’: Why Beijing isn’t rushing to answer Trump’s tariff broadside
BUSAN, SOUTH KOREA – OCTOBER 30: U.S. President Donald Trump and Chinese President Xi Jinping walk to a room for a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump has widened his tariff playbook, unleashing a […]
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AI spending wasn’t the biggest engine of U.S. economic growth in 2025, despite popular assumptions
Meta’s 5-gigawatt “Hyperion” data center under construction in Richland Parish, Louisiana, on January 9, 2026. Meta The popular narrative that artificial intelligence is the engine keeping the U.S. economy alive appears to be overstated, according to recent analyses. The AI boom has reshaped market valuations, driven large investments and record bond issuance to finance data […]
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Stocks making the biggest moves midday: GameStop, Booz Allen, CVR Energy, CoreWeave & more
Check out some of the companies making the biggest midday moves: Booz Allen Hamilton — The consulting firm shed more than 5% after the Treasury Department said it canceled all contracts with the company , whose employees leaked the tax records of President Donald Trump, and the billionaires Jeff Bezos and Elon Musk, to media […]
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Minnesota shooting, Big Tech earnings, the winter storm and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. My gym in New York City unexpectedly closed early for the winter storm yesterday, but I was able to get in a makeshift workout pushing a taxi out of a snowbank. Stock futures are little changed this morning. The market […]
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Stocks making the biggest moves premarket: USA Rare Earth, Allied Gold, CoreWeave, Enphase & more
Check out the companies making the biggest moves before the bell: USA Rare Earth — Shares rose more than 21% after the Trump administration took a stake in the rare earths miner. The company will issue 16.1 million shares of common stock and 17.6 million in warrants. Allied Gold — The gold miner climbed more […]
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Musk’s $1 trillion pay package renews focus on soaring CEO compensation
Elon Musk’s pay package of up to $1 trillion highlights the continued escalation in CEO compensation, even as worker pay slows and rewards to shareholders remain mixed, according to several studies. Already, Musk is the richest person on the planet with a net worth that tops $660 billion, according to Bloomberg. Musk saw his […]
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Iran is not a major oil producer, but it still moves prices. Here’s why
Oil prices rose Friday as President Donald Trump’s renewed threats against Iran raise concerns about supply disruptions. Iran is not a major oil producer. The country pumps about 3.4 million barrels per day, according to Kpler. That number pales in comparison with the U.S. and Saudi Arabia, which pump about 13.5 million barrels per day […]
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Stocks making the biggest moves midday: Fortinet, Moderna, Intel, Bausch Health & more
Check out the companies making headlines in midday trading. Fortinet — Shares jumped more than 7% after TD Cowen upgraded the cybersecurity stock to buy from hold, saying rising memory prices won’t hurt the company as much as some suspect. The firm’s $100 price target suggests 29% upside ahead. Bausch Health — The pharmaceutical stock […]
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Trump sues JPMorgan, Intel’s soft guidance, TikTok’s joint venture and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. With TikTok guaranteeing its presence in the U.S. (which we cover below), it looks like my screen time will remain far higher than it should be. Stock futures ticked lower this morning. The market is coming off another winning day. […]
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Stocks making the biggest moves premarket: Intel, Nvidia, Life360, Capital One & more
Check out the companies making headlines before the bell. Intel — Shares fell 13% after Intel reported mixed results for the fourth quarter, in addition to issuing softer guidance than expected for the current three-month period. The company posted 15 cents per share on an adjusted basis, topping analysts’ consensus estimate of 8 center per share, […]
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