Economy
Senate confirms Kevin Warsh as Fed governor, clears way for chair vote
Kevin Warsh took another step towards becoming Federal Reserve chair on Tuesday, clearing a key Senate vote that puts him on the central bank Board of Governors. The upper chamber voted to approve Warsh’s nomination by a 51-45 vote, on a mostly party-line basis. Only Sen. John Fetterman, D-Pa., crossed lines to vote for President […]
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Stocks making the biggest moves midday: Wendy’s, Vestis, Cleanspark, Under Armour & more
Check out the companies making the biggest moves midday: Vestis – The uniform and apparel maker surged more than 30% after its fiscal second-quarter results beat expectations. Vestis also raised its fiscal 2026 EBITDA outlook. Zebra Technologies – The automation stock popped 17% on better-than-expected Q1 results. Zebra earned $4.75 per share, excluding certain items, […]
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Here’s the inflation breakdown for April 2026 — in one chart
Fuel prices are displayed on a sign as customers fill their vehicles at a gas station in Miami, April 13, 2026. Joe Raedle | Getty Images Inflation jumped in April to the highest level in nearly three years as surging gas prices due to the Iran war pushed up the cost of many consumer goods. […]
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Analysis: Iran war hangs over Trump’s China trip — and his presidency
As President Donald Trump prepares to head to China for crucial negotiations with the leader of the No. 2 global power, it is becoming clear that the political and economic damage unleashed by the Iran war can’t be easily left behind. Even if a deal to get oil tankers moving again were reached tomorrow — […]
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Consumer prices rose 3.8% annually in April, the highest since May 2023
High gas prices are displayed at a Shell gas station on May 11, 2026 in Burbank, California. Mario Tama | Getty Images Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy. The consumer price […]
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Trump’s China trip, Nadella’s testimony, GM layoffs and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. If you’re a big Amazon user, your orders could soon arrive much faster. The e-commerce titan this morning announced plans to roll out 30-minute delivery in dozens of U.S. cities. Stock futures are slipping before the bell after a positive […]
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Stocks making the biggest moves premarket: On Holding, Under Armour, GameStop, AST SpaceMobile & more
Check out the companies making headlines before the bell: Under Armour — The sportswear company slid 14% after posting a loss of 3 cents on revenue of $1.17 billion. Analysts polled by LSEG were anticipating a loss of 2 cents on revenue of $1.68 billion. GameStop , eBay — Shares of GameStop dropped more than […]
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Trump puts Taiwan arms sales, Hong Kong jailed activist Lai on agenda ahead of meeting with Xi
US President Donald Trump speaks during a maternal healthcare event in the Oval Office of the White House in Washington, DC, US, on Monday, May 11, 2026. Aaron Schwartz | Bloomberg | Getty Images President Donald Trump said Monday that U.S. arms sales to Taiwan and the imprisonment of Hong Kong media tycoon Jimmy Lai […]
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Treasury yields move higher as Middle East peace talks falter
Traders work on the floor of the New York Stock Exchange during morning trading on April 20, 2026 in New York City. Michael M. Santiago | Getty Images Yields on U.S. Treasurys moved higher at the start of a new trading week as traders monitored geopolitical developments around the Middle East conflict ahead of President […]
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Trump rejects Iran’s proposal, Alphabet’s rally, Target ‘baby boutiques’ and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Several pharmaceutical stocks are climbing this morning amid the recent hantavirus outbreak. Officials say the public health risk from the virus is low. Stock futures are little changed this morning following a winning week for all three major indexes. Here […]
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