Economy

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, […]
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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 […]
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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 […]
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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 […]
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CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation
Key Points Wells Fargo CEO Charlie Scharf said AI is boosting productivity but will likely reduce workforce size. Pfizer CEO Albert Bourla warned China is closing the biotech and pharmaceutical patent gap rapidly and said the U.S. needs to focus on innovation. Speaking at CNBC’s inaugural Invest in America Forum, both CEOs agreed that the […]
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Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts
Key Points Fed Governor Stephen Miran said the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook and makes the case for rate cuts even more urgent. Miran has advocated for another 1.25 percentage points in cuts on top of the quarter-point move the Federal Open Market […]
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Stocks making the biggest moves midday: Bank of America, Morgan Stanley, Bunge, Progressive and more
Check out the companies making the biggest moves in midday trading: F5 — Shares of the cybersecurity firm fell more than 3% after it disclosed a nation-state actor gained access to its systems. The company said the breach hasn’t hurt its operations. Progressive — The insurer’s stock tumbled about 8% after reporting disappointing results. Progressive […]
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Stocks making the biggest moves premarket: Bank of America, Morgan Stanley, ASML, Papa John’s and more
Check out the companies making the biggest moves in premarket trading: Bank of America — The Brian Moynihan-led bank rose 4.5% after earnings and revenue beat analyst expectations . BofA earned $1.06 per share on revenue of $28.24 billion, while analysts polled by LSEG estimated a profit of 95 cents per share on revenue of […]
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Trump’s new China threat, bank earnings, Boeing deliveries and more in Morning Squawk
Travis Hutchison, a soybean farmer, unloads his cargo from his family’s truck at a local grain dealer in Queen Anne, Maryland, on Oct. 10, 2025. Roberto Schmidt | AFP | 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 know to […]
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