Author: Editor-In-Chief
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Wednesday. It’s also April Fool’s Day, so be on the lookout for company announcements that sound too good to be true today.Stock futures are rising this morning. The three major indexes posted strong gains yesterday, ending a difficult month and quarter on a high note.Here are five important things investors need to know to start their trading day.1. Go out like a lambTraders at work at the New York Stock Exchange on March 26, 2026.new york stock exchangeStocks hit their highest since May yesterday following…
The 48 teams that will participate in the 2026 World Cup have been revealed.The final six spots were decided in March, with four European teams – Sweden, Turkey, Bosnia and Herzegovina and the Czech Republic – qualifying through UEFA play-offs. The remaining two spots were taken by Iraq and the Democratic Republic of the Congo, who qualified through an inter-confederation play-off. The Democratic Republic of the Congo, who saw off Jamaica, ended a 52-year wait, while Iraq, who defeated Bolivia in a decision, returned to soccer’s marquee event for the first time in 40 years. Curacao was among the countries…
Private sector job growth in March was slightly better than expected, but health care and construction continued to provide nearly all the momentum, payroll firm ADP reported on Wednesday.Employment growth for the month totaled 62,000 jobs, down just 4,000 from February’s upwardly revised level, but above the Dow Jones consensus of 39,000. ADP’s report does not include government employees.Similar to February’s report, two sectors delivered virtually all the gains.Education and health services contributed 58,000 jobs (same as February’s total) and construction added 30,000 jobs. Total health care spending was subdued last month after the resolution of a strike at Kaiser…
Michael Silk | UCG | Universal Images Group | Getty Imagesnovo nordisk Shares rose as much as 4% after Britain’s drug price watchdog recommended the use of the best-selling drug Wegoby to prevent heart attacks and strokes, making it the first GLP-1 to be endorsed for this use.Although Wegovy is primarily a weight loss treatment, it is also approved to reduce the risk of serious cardiovascular events in people living with overweight or obesity. New recommendations from the UK’s drug price regulator, the National Institute for Healthcare Excellence (NICE), will significantly expand access to Wegovy in the country’s National Health…
An Oracle Corp. sign on the floor of the New York Stock Exchange (NYSE) on Wednesday, December 31, 2025 in New York, USA. Michael Nagle | Bloomberg | Getty Imagesoracle Shares rose in pre-market trading Wednesday as the multinational tech conglomerate considered cutting thousands of jobs to free up cash to build out its AI data center infrastructure. The software giant has begun telling its 162,000 employees that new layoffs will affect thousands of them, two people familiar with the matter told CNBC on Tuesday. The company’s shares were last up 2.6% in early trading Wednesday. Oracle declined to comment…
President Donald Trump speaks at the Future Investment Initiative Summit in Miami on March 27, 2026.Mandel Gunn | AFP | Getty ImagesPresident Donald Trump is scheduled to hear oral arguments in front of the Supreme Court on Wednesday on whether his executive order can overturn long-standing guarantees of constitutional citizenship for people born in the United States, regardless of their parents’ immigration status.Trump will be the first sitting president to appear before the Supreme Court.The White House on Tuesday night announced Trump’s full-day schedule for Wednesday, which included attending arguments in the birthright citizenship case known as Trump v. Barbara.”I’m…
WASHINGTON, DC – If I am born on U.S. soil, am I automatically a citizen of that country?That’s the question before the U.S. Supreme Court on Wednesday, in response to President Donald Trump’s extraordinary efforts to change the country’s longstanding interpretation of the Constitution amid a broader, hardline pro-immigration movement.Recommended stories list of 3 itemsend of listAdvocates challenging President Trump’s efforts to abolish so-called birthright citizenship, under which infants born in the United States become U.S. citizens regardless of their parents’ immigration status, want to submit what they see as a trial case to a nine-judiciary panel of the country’s…
President Donald Trump hinted in an interview with a British newspaper that he is considering withdrawing the United States from NATO after repeatedly criticizing member states’ lack of support for the Iran war. Asked by the right-wing Telegraph if he would reconsider America’s post-war membership in NATO, Trump said: “Oh, yeah, I would say there’s no reason to reconsider…I’ve never been swayed by NATO. I always knew they were a papier-mâché tiger. By the way,[Russian President Vladimir]Putin knows that, too.” Members of the defensive military alliance NATO have been reluctant to deploy military assets to reopen the Strait of Hormuz,…
Andrea Stella says Oscar Piastri was an “inspiration” for McLaren as they bounced back from a nightmare start to the season with a podium finish at the Japanese Grand Prix.Piastri missed the opening two races in Australia and China after crashing on his way to the grid in Melbourne and then suffering a mechanical problem in Shanghai, but he didn’t let that disappointment affect him in Japan, qualifying third and finishing second behind race winner Kimi Antonelli. The McLaren driver was actually in a position to win the race, but lost out to Antonelli due to the safety car, but…
US Treasury yields fell on Wednesday as the prospect of a resolution to the Iran conflict boosted investor sentiment.yield of 10 year treasury It fell more than 2 basis points to 4.285%. The 2-year Treasury yield fell more than 3 basis points to 3.762%, while the 30-year Treasury yield fell less than 1 basis point to 4.886%.One basis point equals 0.01%, and yields and prices move in opposite directions.The move came after President Donald Trump said on Tuesday that U.S. troops would leave Iran within “two or three weeks,” adding that the United States would end the war “with or…