Economy
Fed’s Miran says stablecoin surge could help push interest rates lower
Key Points Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower. “Stablecoins may become a multitrillion-dollar elephant in the room for central bankers,” Miran said during a speech in New York. Source
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Stocks making the biggest moves midday: Block, Archer Aviation, Akamai, Globus Medical and more
Check out the companies making the biggest moves midday: XYZ —The financial services provider plunged 10% after reporting third-quarter earnings of 54 cents per share, while analysts polled by LSEG were expecting 67 cents. Block’s $6.11 billion revenue also came IN below the forecast $6.31 billion. Globus Medical — The medical device maker soared 32% […]
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Musk’s $1 trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters 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. +$1 trillion The richest man in […]
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Travelers’ demand for more unique experiences fuels lifestyle hotel boom in Asia
A growing number of travelers want more from their hotels than a soft bed and clean place to sleep. They want hotels that reflect their interests — be it art, music, fashion or work — and allow them to mingle with other travelers who share these passions too. That’s given lifestyle hotels a boost, with […]
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Stocks making the biggest moves after hours: Airbnb, Take-Two Interactive, Peloton, Affirm and more
Check out the companies making headlines in after-hours trading. Take-Two Interactive Software — Shares of the video game developer tanked 7% after Rockstar Games, a subsidiary of Take-Two, announced a further delay in the release of Grand Theft Auto VI to November 2026 from May 2026. The announcement marks the second delay for the highly […]
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McDonald’s U.S. boss puts focus on ‘value and affordability’ as consumer spending splits
A McDonald’s restaurant in Richmond, Virginia, US, on Monday, Nov. 3, 2025. Al Drago | Bloomberg | Getty Images McDonald’s leadership is urging operators to stay the course on value offerings as the competition for consumers plays out across the restaurant space. In a memo to U.S. operators following the company’s third-quarter earnings, McDonald’s U.S. […]
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Stocks making the biggest moves midday: Brighthouse Financial, Duolingo, Datadog, Snap & more
Check out the companies making the biggest moves midday: Brighthouse Financial — The insurance company soared 26% on after it announced it would be bought by Aquarian Capital for $70 per share in cash, or around $4.1 billion. The deal is expected to close next year. Golden Entertainment — The casino operator surged 36% after […]
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Job cuts in October hit highest level for the month in 22 years, Challenger says
Jobseekers during a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Getty Images Layoff announcements soared in October as companies recalibrated staffing levels during the artificial intelligence boom, a sign of potential trouble ahead for the labor […]
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Stocks making the biggest moves premarket: Qualcomm, Warner Bros. Discovery, Papa John’s, Duolingo and more
Check out the companies making headlines before the bell: Qualcomm — Shares slipped 1% as Qualcomm expects that it will lose Apple as a customer for its modem business in the coming years. This potential waning opportunity overshadowed Qualcomm’s fiscal fourth-quarter earnings and revenue beat and strong current quarter forecast. Warner Bros. Discovery — Shares […]
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Tariffs in doubt, Musk’s pay plan, shutdown flight reductions and more in Morning Squawk
U.S. President Donald Trump speaks to reporters aboard Air Force One en route to the White House on November 2, 2025 after taking off from Palm Beach International Airport in West Palm Beach, Florida. Samuel Corum | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five […]
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