Author: Editor-In-Chief

Kevin Warsh, President Donald Trump’s candidate to be the next Federal Reserve Chairman, testifies during the Senate Banking Committee confirmation hearing on April 21, 2026, at the Capitol in Washington.Kevin Lamarque | ReutersMarket veteran Ed Yardeni said incoming Fed Chairman Kevin Warsh, who was sent to the Fed to lower interest rates, may instead need to push for higher rates to establish credibility.Yardeni, who coined the term “bond vigilante” to describe such events of investor anxiety, added that if the new central bank leadership does not demonstrate that policymakers are in tune with inflationary pressures, it risks further market anger…

Warren Buffett and Greg Abel inspect Berkshire Hathaway’s annual shareholder meeting held in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire HathawayThe company’s portfolio makeover pushed certain stocks higher on Monday as investors analyzed the conglomerate’s latest bets and exits revealed in its quarterly report.The Omaha-based conglomerate revealed its end-of-quarter stock holdings in a regulatory filing Friday, offering one of the first looks at its portfolio under new CEO Greg Abel, who took over from legendary investor Warren Buffett at the beginning of the year.One of the biggest moves from the latest filing was the acquisition…

Construction cranes are seen from the Washington Monument on the site of the former East Tower of the White House on April 17, 2026 in Washington, DC.Anna Moneymaker | Getty ImagesPresident Donald Trump’s proposed effort to secure taxpayer-funded security enhancements related to the White House banquet hall hit a roadblock after senators ruled that a $1 billion Secret Service provision cannot be included in the Republican immigration enforcement bill as drafted.Senate Republicans vowed to find other ways to include funding in the bill. Assemblywoman Elizabeth McDonough ruled Saturday that the provision, which includes $220 million for security upgrades related to…

Amazon on Monday announced the latest update to Alexa+: the ability to generate podcast episodes on demand. The new feature, called “Alexa Podcasts,” is rolling out to U.S. customers today. Amazon describes the feature as a way to “turn topics of interest into podcast episodes that you can prepare in minutes.” To use this feature, all users need to do is ask Alexa+ to create a podcast about a topic they are interested in. Users don’t have to upload documents, write scripts, or plan anything in advance. Instead, Alexa+ investigates the request, gathers information, and generates a quick summary of…

LONDON – Global oil reserves are plummeting and stocks may not recover until December 2027, with physical shortages looming in Europe by the end of this month, strategists warn.Geoff Currie, co-chairman of the Abax Commodity Exchange, said shortages could hit Europe “any minute now” and that the severity of the ongoing supply crunch was not yet reflected in oil prices or policymakers’ statements. Curry said Monday on CNBC’s “Squawk Box Europe” that concerns about oil supply will grow as inventories are depleted, adding that once there is a shortage, prices will become “non-linear.” “Then you know how much someone is…

Meta CEO Mark Zuckerberg gives a speech introducing Meta’s new line of smart glasses wearing Meta Ray-Ban display glasses during the MetaConnect event held at the company’s headquarters in Menlo Park, California, USA on September 17, 2025. Carlos Barria | Reuterswhen meta CEO Mark Zuckerberg told employees of his plans to lay off 11,000 employees at the end of 2022, saying the cuts would later be expanded to 21,000, and acknowledged that he had overhired during the coronavirus pandemic.”I made a mistake, and I take responsibility for it,” Zuckerberg said in a message to employees in November, when the company’s…

Monday’s newspaper top news and transfer rumors…premier leagueChelsea interested in Aston Villa star Morgan Rodgers – TalkSport Chelsea need a new goalkeeper this summer and are seriously considering a move for Sunderland’s Robin Roofs – Daily Mirror Brentford are interested in Cologne’s 19-year-old German winger Saeed El Mara, along with Brighton and Chelsea – Daily MailBarcelona are reluctant to pay 30 million euros to turn Manchester United forward Marcus Rashford’s loan move into a permanent deal and are aware of Aston Villa’s interest in the England striker – Mundo Deportivo fascinate This content is provided by fascinatecookies and other technologies…

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Monday. My weekend half marathon in Brooklyn ended at Coney Island, but when I saw the hot dog sign I was reminded of a not-so-fun fact. That means prices in Frankfurt are more than 10% higher than they were a year ago.Stock futures are falling this morning. Stocks have had a mixed week.Here are five important things investors need to know to start their trading day.1. Another ultimatumU.S. President Donald Trump speaks to the press aboard Air Force One en route to the United States…

U.S. President Donald Trump (right) and his son Eric Trump (left) depart from the White House on their way to Charlottesville, Virginia, on April 10, 2026 in Washington, DC. Celal Gunes | Anadolu | Getty ImagesPresident Donald Trump, his two eldest sons, and the Trump Organization on Monday dropped a $10 billion lawsuit against the Internal Revenue Service, according to a filing in Miami federal court.The filing by Trump’s lawyers does not say what led to this surprising move.This comes on the heels of controversy over reports that the Justice Department is negotiating a settlement with the president that could…

Here we introduce Mount St. Helens, the most active volcano in Washington state’s Cascade Mountains. Mount St. Helens is located in Washington state, approximately 85 miles northeast of Portland, Oregon, and 155 miles south of Seattle. It is managed by the National Forest Service, not the National Park Service. Over the past 500 years, Mount St. Helens has experienced at least four major explosive eruptions and numerous smaller eruptions. Mount St. Helens was named by Commander George Vancouver after British diplomat Alleyne Fitzherbert, who held the title Baron St. Helens. 1792-1794 – The mountain was named by Commander Vancouver while…