Economy
Here’s what happened to financial markets after Nixon pressured the Fed
Investors wondering what President Donald Trump’s move to fire Federal Reserve Governor Lisa Cook might mean for financial markets today can look back half a century for some insight. President Richard Nixon, aiming to clinch a second term in the White House, pressured then-Fed Chair Arthur Burns to loosen monetary policy before the 1972 election. […]
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The chart that shows how U.S. companies are trying to beat Trump’s China trade war
In an aerial view, a container ship arrives at the Port of Oakland on August 1, 2025 in Oakland, California. Justin Sullivan | Getty Images The Trump administration’s latest escalation of the trade war with China has drawn several parallels to its origins back in 2018. However, there is a significant difference: the degree to […]
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Student housing CEO says luxury is losing its appeal
Annex, a Scion community in Oxford, Ohio, that serves students of Miami University. Courtesy of Scion A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional […]
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Frontier Airlines goes after struggling rival Spirit’s customers with 20 new routes
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines is going after customers of Spirit Airlines, whose financial footing has gotten so shaky in recent weeks that it warned earlier this month it might […]
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Stocks making the biggest moves premarket: EchoStar, Eli Lilly, Advanced Micro Devices & more
Check out the companies making headlines before the bell. EchoStar — The telecommunications stock surged 66% after AT & T said it would buy some wireless spectrum licenses from EchoStar for $23 billion. AT & T said that the transaction should close sometime in mid-2026. Shares of AT & T were last trading less than […]
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German autos sector slashes jobs as economic woes bite
A general view of production lines at the Mercedes-Benz assembly plant on June 4, 2025 in Rastatt, Germany. Florian Wiegand | Getty Images News | Getty Images A perfect storm of industry and economic challenges have weighed on Germany’s autos sector, which has shed tens of thousands of jobs over a one-year stretch to the […]
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French stocks slide as Paris government faces risk of collapse
European stock markets retreated on Tuesday morning, pulled down by French equities as traders monitored the potential for a no confidence vote in the government next month. France’s CAC 40 index plummeted more than 2% in early deals before paring losses to around 1.75%. The country’s three main opposition parties said they would not back a […]
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‘Our country is in danger’: French PM takes confidence vote gamble over budget woes
France’s Prime Minister Francois Bayrou speaks during a press conference in Paris on August 25, 2025. Dimitar Dilkoff | Afp | Getty Images France’s minority government on Tuesday faced the prospect of collapse within weeks, after opposition parties said they would not back Prime Minister Francois Bayrou in a Sept. 8 confidence vote tied to […]
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‘They have to give us magnets’: Trump warns of 200% tariff on China if exports are curbed
US President Donald Trump during a meeting with Lee Jae Myung, South Korea’s president, not pictured, in the Oval Office of the White House in Washington, DC, US, on Monday, Aug. 25, 2025. Al Drago | Bloomberg | Getty Images U.S. President Donald Trump on Monday stateside warned of steeper tariffs on China if exports […]
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Trump says he’s removing Fed Governor Lisa Cook, cites mortgage fraud allegations
Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board open meeting discussing proposed revisions to the board’s supplementary leverage ratio standards at the Federal Reserve Board building in Washington, DC, on June 25, 2025. Saul Loeb | AFP | Getty Images President Donald Trump on Monday […]
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