Jerome Powell
Jesse Jackson dies, Hyatt’s Epstein fallout, Apple’s podcast push and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday, and happy Year of the Horse! I’m back after a week in Costa Rica, where I sampled coffee, memorized the USD-colón conversion rate and wished my Spanish was better. S&P 500 futures are lower this morning. The stock market is […]
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CNBC Daily Open: Rubio reassures Europe while U.S. CPI calms investors
US Secretary of State Marco Rubio gives a thumbs up as he departs Munich International Airport in Munich, southern Germany, on February 15, 2026, after attending the Munich Security Conference (MSC). Alex Brandon | Afp | Getty Images U.S. Secretary of State Marco Rubio provided comforting words for Europe on Saturday at the Munich Security […]
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CNBC Daily Open: Muted U.S. CPI and cooling tensions with Iran give investors some comfort
People shop for fruit in a grocery store in the Manhattan borough of New York City on December 13, 2025. Charly Triballeau | Afp | Getty Images The U.S. consumer price index on Friday stateside provided some balm to investors, who have been singed by drops in the market because of artificial intelligence-related fears. Consumer […]
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Here are 3 factors that drove the big swings in the stock market last week
It was a tale of two markets last week: Industrials surged while financial and tech names buckled under the growing weight of artificial intelligence fears. A mixed bag of economic data complicated matters further. Although the S & P 500 bounced slightly Friday following an inflation print that bolstered the future case for lower interest […]
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S&P 500 closes little changed after soft inflation report, index notches losing week: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on February 13, 2026 in New York City. Spencer Platt | Getty Images The S&P 500 closed barely above the flatline on Friday as a key consumer inflation report that came in slightly lighter than expected failed to spark a substantial rally. The […]
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Trump takes a beating from his own party amid Epstein files release and tariffs rebuke
US President Donald Trump speaks to the media as he walks to board Marine One prior to departure from the South Lawn of the White House in Washington, DC, on Feb. 13, 2026. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump’s iron grip on the Republican Party might be starting to loosen, just […]
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Senate should proceed with Warsh hearings for Fed chair despite Powell probe: Bessent
The Senate should move to advance Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chairman, even as a federal criminal investigation into current chair Jerome Powell continues, Treasury Secretary Scott Bessent said Friday. Bessent, in an interview on CNBC’s “Squawk Box,” said he believes after speaking this week to Republicans on the Senate Banking […]
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Fed chair drama: Tillis pours cold water on off-ramp for Powell criminal probe
Sen. Thom Tillis, R-N.C., on Thursday rejected a proposal aimed at ending the Department of Justice’s controversial criminal probe into Federal Reserve Chair Jerome Powell and clearing a path for his successor, Kevin Warsh, to be confirmed. The proposed off-ramp, which has been floated by at least one Republican lawmaker this week, would see the […]
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Trump would decide whether to investigate Fed pick Warsh over refusal to cut rates: Bessent
Sen. Elizabeth Warren (L), and Treasury Secretary Scott Bessent during a Senate Banking Committee hearing on Feb. 5th, 2026. Getty Images | Reuters Treasury Secretary Scott Bessent on Thursday refused to rule out the possibility of a criminal investigation of Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chair, if Warsh ends up refusing to […]
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Senate Banking Chair Tim Scott believes Fed Chair Powell committed no crime in testimony
Senator Tim Scott, a Republican from South Carolina and chairman of Senate Banking, Housing, and Urban Affairs Committee, during a confirmation hearing in Washington, DC, US, on Thursday, Oct. 30, 2025. Eric Lee | Bloomberg | Getty Images Sen. Tim Scott, R-S.C., said Wednesday he does not think Federal Reserve Chairman Jerome Powell committed any […]
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