Economy
Here’s what to expect from Fed chair nominee Kevin Warsh’s Senate hearing Tuesday
Key Points Fed chair nominee Kevin Warsh travels to Capitol Hill on Tuesday to convince lawmakers he can carry out a presidential push for lower interest rates while remaining free of political constraints. Political independence has been a key question surrounding the search for a successor to current Chair Jerome Powell. In remarks he’s scheduled […]
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Treasury yields are little changed as markets await Iran peace talks and Warsh hearing
Treasury yields were largely unmoved early Tuesday as investors await clarity over an expected second round of peace talks due to take place between the U.S. and Iran. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was flat at 4.254%. The 2-year Treasury note yield, which […]
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JPMorgan expands $1.5 trillion economic security splurge into Europe
Key Points JPMorgan Chase expands its $1.5 trillion economic security initiative into continental Europe. The 10-year program, launched in the U.S. and Britain last year, will focus on areas including defense, energy and tech. CEO Jamie Dimon said the U.S. and Europe had been too reliant on “unpredictable sources” for goods that are critical to […]
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‘New cards on the battlefield’: U.S., Iran ratchet up rhetoric with peace talks in limbo
The front page of the Javan newspaper (L) and the front page of the Jam Jam newspaper, which features a cartoon of US President Donald Trump drowning in the Strait of Hormuz with the headline “Marine Bluff,” are on sale at a newsstand in Tehran on April 13, 2026. Atta Kenare | Afp | Getty […]
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Oil falls as investors assess mixed messaging on Iran peace talks ahead of ceasefire deadline
This general view shows oil tanks and facilities at Yeosu National Industrial Complex, the largest petrochemical industrial complex in South Korea, in Yeosu on April 7, 2026. (Photo by Shin Yong-ju / AFP via Getty Images) Shin Yong-ju | Afp | Getty Images Oil prices declined Tuesday during Asia hours amid uncertainty over the fate […]
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Tariff refunds begin on Monday. These retailers are due big paydays
U.S. importers, ranging from Target to Walmart, are due more than $160 billion in tariff refunds following a February Supreme Court decision as the Trump administration launches its claims filing portal Monday. Hopes are high for a smooth launch of the system that will facilitate the refunds, but companies and Wall Street analysts are tempering […]
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Stocks making the biggest moves midday: Stanley Black & Decker, American Airlines, Dow, Marvell Technology & more
Check out the companies making the biggest moves in midday trading: Stanley Black & Decker — The power toolmaker jumped more than 4% after it said recent changes to Section 232 tariffs aren’t supposed to have a material impact on its full-year forecast . Section 232 tariffs set a general 50% rate on aluminum, steel […]
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U.S. seizes Iranian-flagged ship, Warsh’s big week, Cursor funding and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. The Boston Marathon is today, and I’m feeling particularly inspired by this runner who went from being partially paralyzed to running in this year’s race. Stock futures are falling this morning. The three major indexes are coming off a winning […]
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Stocks making the biggest moves premarket: American Airlines, Marvell Technology, Strategy & more
Check out the companies making the biggest moves premarket: Airlines — The group was under pressure Monday as investors worry that renewed U.S.-Iran tensions will keep energy prices elevated and push consumers to travel less. American Airlines , Delta Air Lines and United Airlines were all down more than 2% before the bell. JetBlue Airways […]
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Kevin Warsh would be the first tech bro Fed chair. How Silicon Valley shaped him
With his penchant for suits, ties and sweater vests, Federal Reserve chair nominee Kevin Warsh doesn’t share the rumpled look of many of the Silicon Valley entrepreneurs he calls friends. But they still count him as one of their own. “You wouldn’t be hanging out with us if you were as normal as you claim […]
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