Economy
U.S. budget deficit edged lower in 2025 as tariffs, debt payments both saw new records
The statue of former Treasury Secretary Albert Gallatin stands in front of the north wing of the U.S. Treasury Department headquarters building on April 24, 2025, in Washington, DC, U.S. J. David Ake | Getty Images News | Getty Images The U.S. budget deficit edged lower for 2025 as record-setting tariff collections helped offset what […]
Read More
Stocks making the biggest moves midday: Snap-on, Triumph Financial, Micron & more
Check out the companies making the biggest moves midday: Snap-on — The tool maker rose more than 3% after third-quarter earnings topped expectations, helped by a pick-up in demand from auto parts companies and repair shops. Snap-on earned $5.02 per share on revenue of $1.19 billion. Analysts were expecting the company to earn $4.64 per […]
Read More
Fed Governor Miran wants a half-point cut this month, while Waller backs another quarter-point move
Key Points Fed Governor Stephen Miran said Thursday he plans to repeat his push for a half-percentage-point interest rate cut when the central bank meets later this month. Governor Christopher Waller advocated a quarter-percentage-point reduction at the meeting later this month, a position that appears more in line with the Fed consensus. Earlier this week, […]
Read More
Retail traders’ incredible support of the stock market continues with biggest options volume day ever
Friday’s selloff in the stock market resulted in the biggest options volume day ever and the latest sign of the retail trading crowd’s incredible support of the stock market. Scott Rubner, head of equity and equity derivatives strategy at Citadel Securities, said Friday, Oct. 10 resulted in over 108 million contracts traded, only the second […]
Read More
Shutdown layoffs, United earnings, Apple’s new products and more in Morning Squawk
Treasury Secretary Scott Bessent speaking at the CNBC Invest In America Forum in Washington, D.C. on Oct. 15, 2025. Aaron Clamage | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Tariff troubles As the […]
Read More
Stocks making the biggest moves premarket: J.B. Hunt, Salesforce, Charles Schwab, Hewlett Packard Enterprise & more
Check out the companies making the biggest moves before the bell: J.B. Hunt Transport Services — The trucking and logistics company jumped more than 14% on strong quarterly results. In the third quarter, J.B. Hunt earned $1.76 per share on revenue of $3.05 billion. Analysts polled by LSEG expected earnings of $1.46 per share on […]
Read More
Swiss government slashes growth outlook as Trump tariffs put ‘heavy burden’ on economy
Untere Schleuse wooden bridge in Thun, Switzerland. Education Images | Universal Images Group | Getty Images Switzerland’s government on Thursday cut its 2026 economic forecast for the country, citing the Trump administration’s punitive tariffs as a “heavy burden” on its industries. Officials held their forecast for the Swiss economy to expand by 1.3% this year, […]
Read More
UK economy sees meager growth of 0.1% in August, in line with expectations
Millennium Wheel And Skyline At Sunset. London, England. Design Pics Editorial | Universal Images Group | Getty Images The British economy expanded by a lackluster 0.1% in August, according to the latest figures from the Office for National Statistics. “Production grew by 0.4% in August 2025, whereas services showed no growth and construction fell by […]
Read More
Stocks making the biggest moves after hours: J.B. Hunt, United Airlines, Zion and more
Check out the companies making the biggest moves in extended trading: J.B. Hunt Transport Services — Shares of the trucking and logistics company jumped more than 12% in after-hours trading on the back of its strong results. For the third quarter, J.B. Hunt earned $1.76 per share on revenue of $3.05 billion. Analysts polled by […]
Read More
Top Walmart exec says American manufacturing comeback is real and good for business
John Furner, Walmart U.S. CEO, speaks to CNBC’s Sara Eisen during the Invest in America Forum on Oct. 15, 2025. Aaron Clamage | CNBC Manufacturing is seeing renewed attention from corporate America, with Walmart among the major companies publicly reaffirming its commitment to domestic production. At CNBC’s inaugural Invest in America Forum, Walmart U.S. CEO […]
Read More