Economy
The Supreme Court may rule Friday on Trump’s tariffs. Here’s what’s at stake for the economy
A cargo ship sits in New York Harbor on Nov. 19, 2025 in New York City. Spencer Plat | Getty Images The U.S. Supreme Court on Friday could rule on the legality of President Donald Trump’s tariffs, a decision poised to have far-reaching impacts on not only trade policy, but also the U.S. fiscal situation. […]
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Supreme Court tariff decision: U.S. Customs has new deadline for companies seeking refunds
The Contemplation of Justice statue at the US Supreme Court in Washington, DC, US, on Tuesday, Nov. 4, 2025. Pete Kiehart | Bloomberg | Getty Images There is a new deadline for U.S. importers to file for electronic refunds if the Supreme Court rules President Donald Trump’s IEEPA tariffs are illegal. U.S. Customs published details […]
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Treasury Secretary Bessent says more Fed rate cuts are ‘only ingredient missing’ for stronger economy
U.S. Treasury Secretary Scott Bessent speaks during a press conference to unveil the official Trump Accounts website, at the Treasury Department in Washington, D.C., U.S., December 17, 2025. Aaron Schwartz | Reuters Treasury Secretary Scott Bessent on Thursday pressed the administration’s desire for lower interest rates, saying they are the key to future economic growth. […]
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Trump’s defense spending plans, Venezuelan oil, Ford’s eyes-off driving push and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. If you can’t already tell from reading this newsletter, I’m a big cliché user. So with the S&P 500‘s first losing day of the year, maybe traders can seek solace from the age-old saying: It’s a marathon, not a sprint. […]
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Stocks making the biggest moves premarket: Lockheed Martin, Northrop Grumman, Gap, Alcoa & more
Check out the companies making the biggest moves in premarket trading: Defense stocks — Defense stocks jumped after President Donald Trump called for a defense budget of $1.5 trillion in 2027, saying in a Truth Social post he wanted to build a “Dream Military.” Lockheed Martin and L3Harris Technologies rallied 8%, while Northrop Grumman soared […]
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Private payrolls rose 41,000 in December, slightly below expectations, ADP says
A “Join Our Team” flyer at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Wednesday, Oct. 1, 2025. Allison Joyce | Bloomberg | Getty Images Private sector job creation turned positive in December though at a bit softer pace than expected, payrolls processing firm ADP reported Wednesday. Companies added […]
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American Airlines keeps frequent flyer status requirements the same, following rivals
Joe Raedle | Getty Images News | Getty Images American Airlines said Wednesday that it will keep the spending requirements to earn elite frequent flyer status in 2027 steady for a third consecutive year as the carrier courts higher-spending travelers and tries to catch up to industry profit leaders Delta Air Lines and United Airlines. […]
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Trump’s Greenland considerations, Nvidia’s China demand, xAI’s latest funding round and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Guests at my home will be pleased to know that I, despite personal fascination, live outside the delivery radius of this shower water beer. Stock futures are little changed this morning. The market is coming off another winning session. Here […]
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Stocks making the biggest moves premarket: Mobileye, GameStop, Chevron & more
Check out the companies making headlines before the bell: Mobileye — The self-driving systems stock jumped about 11% after the company said it would buy humanoid robot maker Mentee for $900 million. GameStop — Shares rose 2% after the company unveiled its compensation package for CEO Ryan Cohen that included objectives to grow the videogame […]
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Euro zone inflation hits 2% in December, in line with forecasts
Downtown Amsterdam Jacobh | E+ | Getty Images Euro zone inflation stood at 2% in December, flash data from Eurostat showed on Wednesday. Economists polled by Reuters had expected the inflation rate to cool to 2%, in line with the European Central Bank’s (ECB) target. In November, the inflation rate stood at 2.1%. Core inflation, […]
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