Economy

CNBC Daily Open: Trump’s Hormuz gambit lands with a whimper
World

CNBC Daily Open: Trump’s Hormuz gambit lands with a whimper

U.S. Marines from the 31st Marine Expeditionary Unit board M/V Blue Star III, a commercial ship suspected of attempting to transit to Iran in violation of the U.S. blockade of Iranian ports, April 28, 2026. U.S. forces released the vessel after conducting a search and confirming the ship’s voyage would not include an Iranian port […]

Read More
‘Godspeed my friend’: Inside the final hours at Spirit Airlines
World

‘Godspeed my friend’: Inside the final hours at Spirit Airlines

Spirit Airlines kiosks at New York’s LaGuardia Airport on May 2, hours after the carrier shut down. Leslie Josephs/CNBC BALTIMORE/NEW YORK — Spirit Airlines was hours away from its final flights Friday afternoon. Jeremiah Burton was hours away from his first. “It’s my first time flying,” Burton, a 45-year-old air conditioning and heating technician, told […]

Read More
UK exports to U.S. plunge by 25% after Trump’s ‘liberation day’ tariffs blitz
World

UK exports to U.S. plunge by 25% after Trump’s ‘liberation day’ tariffs blitz

US President Donald Trump (L) shakes hands with British Prime Minister Keir Starmer as they speak to reporters after meeting during the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 16, 2025. Brendan Smialowski | Afp | Getty Images U.K. goods exported to the U.S. plunged […]

Read More
Apple earnings, DHS shutdown, ‘Ozempic breath’ and more in Morning Squawk
Technology

Apple earnings, DHS shutdown, ‘Ozempic breath’ and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. My colleagues and I will be covering Berkshire Hathaway‘s annual meeting tomorrow — its first without Warren Buffett as CEO. You can follow along with our special coverage on TV and online. S&P 500 futures are little changed this morning […]

Read More
Stocks making the biggest moves premarket: Apple, Estee Lauder, Roku, Reddit, Roblox and more
Finance

Stocks making the biggest moves premarket: Apple, Estee Lauder, Roku, Reddit, Roblox and more

Check out the companies making the biggest moves premarket: Apple — Shares were up 3.5%. For the fiscal second quarter , Apple’s earnings came in at $2.01 per share, while revenue landed at $111.18 billion. This beat the earnings of $1.95 a share and $109.66 billion in revenue analysts were looking for, per LSEG. Still, […]

Read More
Treasury yields are flat as investors digest latest GDP and inflation data
World

Treasury yields are flat as investors digest latest GDP and inflation data

Treasury yields were unchanged on Friday as investors digested a week of key economic data and policy releases. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was unchanged at 4.390%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, was […]

Read More
Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%
World

Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%

Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Federal Reserve, according to a batch of reports Thursday that showed economic growth slower than expected and a generational low in layoffs. The core personal consumption expenditures price index, which excludes food and […]

Read More
Big Tech earnings, Powell’s decision, Pershing Square IPO and more in Morning Squawk
Technology

Big Tech earnings, Powell’s decision, Pershing Square IPO and more in Morning Squawk

1. The tech TLDR The Meta corporate logo is featured at the Fira Gran Via booth, highlighting the company’s ”AI-First” hardware ecosystem during the Mobile World Congress. Joan Cros | Nurphoto | Getty Images Four of the Magnificent Seven tech companies released their highly-watched earnings reports last night, largely beating expectations across the board. Still, […]

Read More
Stocks making the biggest moves premarket: Meta, Eli Lilly, Caterpillar, Amazon & more
Finance

Stocks making the biggest moves premarket: Meta, Eli Lilly, Caterpillar, Amazon & more

Check out the companies making the biggest moves in premarket trading: Meta Platforms — The Facebook parent dropped 9% after the company hiked its full-year capital expenditures guidance to a range of $125 billion to $145 billion, raising concern over its AI spending. That forecast overshadowed a better-than-expected Q1 report. Eli Lilly — The Zepbound […]

Read More
Here’s why surging oil prices may not derail the consumer trade
Finance

Here’s why surging oil prices may not derail the consumer trade

ETF Edge Here’s why surging oil prices may not derail the consumer trade Published Thu, Apr 30 20267:01 AM EDTUpdated 21 Min Ago Josh Romero@in/joshdromero/ Stephanie Landsman@stephlandsman WATCH LIVE Source

Read More