Author: Editor-In-Chief
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Friday. I’ve spent the last 24 hours going back and forth on whether or not I should jump on the “dad shoe” trend.Stock futures were little changed this morning. Major indexes continue to have declining days.Here are five important things investors need to know to start their trading day.1. Is it darkest before dawn?A blue owl sign outside the Seagram Building at 375 Park Avenue in the Midtown East neighborhood of New York City, USA, on Tuesday, January 20, 2026. Bing An | Bloomberg |…
U.S. President Donald Trump speaks at Coosa Steel Corporation on February 19, 2026 in Rome, Georgia. Chip Somodevilla | Getty ImagesForty minutes before the federal government revealed that economic growth slowed sharply last quarter, President Donald Trump suggested future numbers would be weaker.”Democrat Shutdown cost US GDP at least 2 points. That’s why they’re doing it again in a smaller way,” Trump wrote in a post on Truth Social at 7:50 a.m. ET.At 8:30 a.m., the Commerce Department reported that U.S. gross domestic product grew at an annualized rate of just 1.4% in the fourth quarter of 2025. This is…
WASHINGTON (AP) — U.S. economic growth slowed in the final three months of last year, dragged down by a six-week federal government shutdown and a drop in consumer spending. Gross domestic product (total production of goods and services) grew at an annual rate of 1.4% in the fourth quarter, according to the Commerce Department. reported on Fridaydown from 4.4% in the July-September period and 3.8% in the previous quarter. The numbers suggest a slower pace of growth in coming quarters as consumers take on more debt and cut savings to keep up with spending. Business investment in external data centers…
Deir El Bala – On Thursday, US President Donald Trump convened the first meeting of the Committee on Peace (BoP) in Washington, DC, but Palestinians in the Gaza Strip did not discuss diplomatic language or a political framework.In the streets and tents of south-central Gaza, where hundreds of thousands of displaced Palestinians struggle to survive, a simple question dominates: Will anything actually change in the harsh reality on the ground?Recommended stories list of 3 itemsend of list”I’ve heard that money is being collected for Gaza, but I don’t see anything. Things like this have happened many times and nothing changes,”…
A match between the best player of one tournament and the best player of another tournament. You might think it would be a pretty even contest. But that misses the rugby league context.In Australia, the NRL is top-flight. They have a high salary cap, a huge budget, sports stars who are recognized everywhere they go, and a nationally known competition. Next, turn your attention to Super League. These clubs exist at about a third of the salary cap of their Australian compatriots and are surrounded by big, high-profile football clubs fighting for attention at every turn. Once again, they fought…
Traders work at the opening bell of the New York Stock Exchange (NYSE) on February 20, 2026 in New York. Timothy A. Clary | AFP | Getty ImagesStocks rose on Friday after the Supreme Court ruled against President Donald Trump’s tariffs, as stocks of retailers and other companies hit hard last year by rising import and manufacturing costs as a result of the tariffs rose.of Dow Jones Industrial Average The stock rose 170.51 points, or 0.3%, recovering from a 200-point drop in early trading following disappointing economic data. of S&P500 Although it rose by 0.3%, Nasdaq Composite It rose by…
Meta CEO. Mark Zuckerberg and Apple CEO Tim Cook.John Putman | Anadolu | Al Drago | Bloomberg | Getty ImagesTeck’s child safety record is under the microscope.This week, in legal proceedings across California, New Mexico and West Virginia. meta CEO Mark Zuckerberg and apple CEO Tim Cook faces questions about privacy, freedom of expression and safety. This is an issue that tech giants consider with every feature release.If both companies are found liable in their respective cases, courts could force unprecedented product changes that affect billions of people.Zuckerberg defended his decision Wednesday in a Los Angeles courtroom when pressed by…
A person carrying a U.S. flag walks outside the U.S. Supreme Court as the justices are scheduled to hear oral arguments on President Donald Trump’s efforts to maintain significant tariffs after a lower court ruled that the president overstepped his authority, Nov. 5, 2025, in Washington, D.C. Nathan Howard | ReutersThe Supreme Court on Friday struck down most of President Donald Trump’s far-reaching tariff policies.The majority decided 6-3 that the law underlying these import tariffs “does not authorize the President to impose tariffs.”Chief Justice John Roberts delivered the court’s opinion. Justices Clarence Thomas, Samuel Alito, and Brett Kavanaugh dissented.Since retaking…
The Supreme Court ruled President Donald Trump’s Extensive global tariffs Friday inflicted a major loss on him on an issue of critical importance to economic policy.Friday’s decision focuses on tariffs that President Trump unilaterally imposed under the Emergency Powers Act. Thorough “mutual” tariffs Taxed in almost every other country.This is the first major issue in President Trump’s broader agenda to be brought squarely to the nation’s highest court, which he helped shape during his first term, along with the appointment of three conservative jurists.The Republican president has been vocal about the case, calling it one of the most important in…
Wieliczka, Poland — As you descend the dizzying 380 steps, the walls are an imperfect gray. It looks like a rock, but tastes salty. How will visitors know? You are encouraged to lick it. Just southeast of Krakow, Poland’s second-largest city, lies the underground world of the Wieliczka Salt Mine, part cathedral, part industrial ruin, and part theme park. Listed as a UNESCO World Heritage Site in 1978, the mine welcomes up to 9,000 tourists every day. Salt production in Wieliczka ended in 1996. But after 700 years of operation and more than 250 miles of underground tunnels, the mine…