Economy
Here are the five key takeaways from Wednesday’s Fed rate decision
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy, in Washington, D.C., U.S., Jan. 28, 2026. Jonathan Ernst | Reuters The Federal Reserve wrapped up a two-day policy meeting Wednesday, delivering pretty much what the market expected and […]
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Powell says Cook Supreme Court case is the most important in the Fed’s 113-year history
Key Points Federal Reserve Chair Jerome Powell offered his first explanation into his controversial decision to attend Fed Governor Lisa Cook’s Supreme Court hearing. He said it was among the most important legal cases that the central bank has ever seen. Source
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Fed meeting recap: Powell says economy on ‘firm footing’ and current rate level not restrictive
Where to find solid yields on cash as Fed pauses The Fed’s decision to hold rates steady means investors don’t have to worry about yields on their cash falling. “Yields on savings products such as high-yield savings accounts and CDs are likely to remain unchanged for now,” said certified financial planner Stephen Kates, a financial […]
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Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in December. Text removed from the December statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]
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Fed holds key interest rate steady as economic view improves
The Federal Reserve on Wednesday voted to take a break from a recent run of interest rate cuts, as the central bank navigates questions about its independence and awaits a new leader. Meeting market expectations, the central bank’s Federal Open Market Committee voted to keep its key interest rate in a range between 3.5%-3.75%. The […]
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Trump is not worried by a weak dollar. Why the president and investors should be
Key Points The president has a long history of indifference to a falling greenback as it makes American goods cheaper to sell abroad, which could especially benefit U.S. multinationals. However, it also signifies diminished confidence in the U.S. as foreign investors grow wary over the country’s fiscal outlook. A weaker U.S. dollar isn’t concerning to […]
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Stocks making the biggest moves midday: Intel, AT&T, Stride, Elevance Health, Textron & more
Check out some of the companies making the biggest moves midday: Intel – The chipmaker climbed more than 11%, boosted by a report from DigiTimes saying Nvidia will shift chip production from Taiwan Semiconductor Manufacturing to Intel in 2028. Taiwan Semi added 1%. ASML — U.S.-listed shares of the semiconductor equipment maker fell more than […]
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The Fed meeting, Starbucks earnings, Amazon layoffs and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. When you work in journalism, there’s a new surprising story each day. Yesterday, it was about what gold investors can learn from King Henry VIII’s reign. S&P 500 futures are rising this morning after a winning day. Here are five key […]
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Stocks making the biggest moves premarket: ASML, Texas Instruments, Qorvo & more
Check out the companies making the biggest moves in the premarket: ASML — U.S.-listed shares of the semiconductor equipment giant reported record orders and issued strong 2026 guidance due to the artificial intelligence boom. The company also announced a share buyback program worth 12 billion euros. Texas Instruments — The chipmaker jumped more than 8% […]
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Southwest ends open seating after 54 years. Here’s what the last flight was like
OVER THE PACIFIC OCEAN — The 112 passengers on this Southwest Airlines red-eye flight from Honolulu to Los Angeles were the last in the airline’s more than 54-year history to scramble for a seat on board. Before dawn on Tuesday, Southwest ended its quirky (or anxiety-inducing, depending on the traveler) open-seating policy in favor of […]
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