Economy
From futuristic NEOM to tech and tourism, Saudi Arabia’s priorities are shifting
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM When Saudi Arabia first announced plans to reinvent its oil-based economy, huge infrastructure projects like the futuristic region NEOM and smart city The Line were championed as central to the transformation. Almost a decade on from the launch of its “Vision 2030” […]
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Stocks making the biggest moves premarket: Nvidia, Caterpillar, Generac, Caesars Entertainment & more
Check out the companies making headlines in premarket trading. Nvidia — Shares climbed 3.5% in Wednesday’s premarket trading, building on the rally of around 5% seen in the prior session. The chipmaker is now closing in on the $5 trillion market cap milestone , which no other company has hit before. Boeing — The aerospace […]
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Nvidia’s day of deals, the Fed decision, Boeing earnings and more in Morning Squawk
Jensen Huang, chief executive officer of Nvidia Corp., during a Bloomberg Television interview at the Nvidia AI summit in Washington, DC, US, on Tuesday, Oct. 28, 2025. Kent Nishimura | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to […]
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Mortgage rates drop to the lowest level in over a year, pushing refinancing 111% higher annually
A ‘For Sale’ sign is posted beside property for sale in Alhambra, California. Frederic J. Brown | AFP | Getty Images Mortgage interest rates dropped for the fourth straight week last week, spurring both current homeowners and potential homebuyers to call their lenders. Total mortgage application volume increased 7.1% compared with the previous week, according […]
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The Fed’s balance sheet takes center stage as liquidity concerns rise
The U.S. Federal Reserve is widely expected to cut interest rates when it meets on Wednesday with little to no room for a surprise. Any remaining excitement is centered on what the central bank will signal regarding its balance sheet and the path forward. Short-term interest rates have been particularly volatile in recent weeks, with […]
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Trump says he expects to lower fentanyl-related tariffs on Beijing, discuss ‘farmers’ with China’s Xi
TOKYO, JAPAN – OCTOBER 27: U.S. President Donald Trump disembarks Air Force One as he arrives at Haneda Airport on October 27, 2025 in Tokyo, Japan. Takashi Aoyama | Getty Images News | Getty Images U.S. President Donald Trump said he expects to lower fentanyl-linked tariffs on China ahead of a much-anticipated meeting with Chinese […]
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Stocks making the biggest moves after hours: Visa, Seagate, Caesars Entertainment, Mondelez and more
Check out the companies making headlines after hours. Visa — Shares rose 1% after the payments company reported fourth-quarter results that exceeded expectations on the top and bottom lines. Visa posted adjusted quarterly earnings of $2.98 per share on revenue of $10.72 billion. Analysts polled by LSEG had expected per-share earnings of $2.97 on revenue […]
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The Fed has a rate cut plus a bunch of other things on its plate this week. Here’s what to expect
Key Points Markets are assigning a nearly 100% probability that the Federal Open Market Committee will approve a second consecutive quarter percentage point at its meeting this week. Beyond that, policymakers are likely to debate the future path of reductions, the challenges posed by a lack of economic data and the timetable for ending the […]
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Stocks making the biggest moves midday: PayPal, Nokia, VF Corp., UPS, Wayfair & more
Check out the companies making the biggest moves midday: Agilysys — The hospitality software maker jumped 20% after the company posted fiscal second-quarter results above expectations. The company earned 40 cents per share, excluding certain items. Analysts polled by LSEG expected a profit of 34 cents per share. Agilysys also raised its fiscal 2026 revenue […]
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Stocks making the biggest moves premarket: PayPal, UnitedHealth, Wayfair, Skyworks, UPS and more
Check out the companies making headlines before the bell Skyworks Solutions — The maker of high-performance analog and mixed-signal semiconductors climbed 19% after an all stock-and-cash deal to buy its rival Qorvo , which surged 17%. The combined company will be valued at some $22 billion. Qorvo shareholders will receive $32.50 in cash and 0.960 […]
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