Author: Editor-In-Chief
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. Yesterday, Federal Reserve Chairman Jerome Powell’s standard line seemed to be, “I have nothing to say about that,” to reporters at least five times during his press conference.Stock futures were little changed this morning. The three major indexes ended yesterday’s trading with slight gains.Here are five important things investors need to know to start their trading day.1. Front and centerU.S. Federal Reserve Chairman Jerome Powell speaks during a press conference after two days of Federal Open Market Committee (FOMC) meetings on interest rate policy…
The US Embassy in Copenhagen has removed a flag honoring soldiers killed in Afghanistan from an area outside the building, angering Danish veterans. A video shared by Danish outlet TV2 showed security guards removing a flag honoring 44 Danish soldiers who died in the conflict from a planter outside the embassy on Tuesday. The Danish Veterans Association condemned the move as “unnecessary and insensitive” in a statement on social media on Wednesday. Carsten Rasmussen, the association’s national president, said he understood the angry reaction but called for a measured response. “When they go down, we go up high, and we…
Greg Slade hopes the overwhelmingly positive response to his coming out post can inspire other gay men in tennis to feel good about being themselves.The British wheelchair star went public with his sexuality on Instagram ahead of the Australian Open, becoming one of the few openly gay professional male tennis players. Mr Slade admitted he posted the post with some trepidation, but said he was extremely encouraged by the response. “There are definitely very few players in professional tennis, so there were definitely times when I wondered if it was a good idea for me to do this,” the 23-year-old…
listen to this article | 6 minutesinformationOn Tuesday, US President Donald Trump issued a rather serious decree regarding Cuba’s short-term future: “Cuba is going to go bankrupt very soon. Cuba is really very close to failure” and had a good laugh with reporters in the US state of Iowa.Indeed, this is not the first time President Trump has predicted the collapse of a Caribbean island nation. The United States has been trying to effectively destroy it for more than 67 years, since the victory of Cuba’s communist revolution in 1959, which overthrew the brutal right-wing dictator and U.S. ally Fulgencio…
U.S. Federal Reserve Chairman Jerome Powell speaks during a press conference after two days of Federal Open Market Committee (FOMC) meetings on interest rate policy in Washington, DC, USA, January 28, 2026. Jonathan Ernst | ReutersThe Federal Reserve concluded its two-day policy meeting on Wednesday with results largely in line with market expectations, with no major surprises from Chairman Jerome Powell’s press conference. Here are five things worth remembering.The decision: To no one’s surprise, the Federal Open Market Committee, which sets interest rates, has kept benchmark fund rates unchanged at a range of 3.5% to 3.75%. The move breaks three…
Sen. Amy Klobuchar said Thursday she is running for governor of Minnesota, pledging to take on President Donald Trump while unifying the state, which has endured a series of challenges since before the federal immigration crackdown. Klobuchar’s decision makes her a high-profile candidate and could prove to be a statewide winner as Democrats seek to hold on to the office occupied by Gov. Tim Walz. Walz, a 2024 Democratic vice presidential candidate, abandoned his bid for a third term earlier this month amid criticism of mismanagement of taxpayer funds for child care programs. “Minnesota, we’ve been through a lot,” Klobuchar…
The United States and Iran have made increasingly hostile statements as U.S. warships move into the Arabian Sea, even as regional countries seek diplomatic solutions to prevent military escalation.US President Donald Trump warned this week that “time is running out” for Iran to return to talks on a new deal over its nuclear program.President Trump said the naval forces deployed to Iran’s neighbors were even stronger than those sent to the coast of Venezuela before U.S. special forces abducted the South American country’s president, Nicolas Maduro, in a military raid on Caracas on January 3.(Al Jazeera)Iranian Foreign Minister Abbas Araghchi…
Serena Williams hasn’t ruled out a surprise return to tennis.The 44-year-old has not played professional tennis since losing to Ajla Tomljanovic in the third round of the 2022 US Open, but she characterized her retirement as an “evolution” from tennis rather than a retirement. Williams debunked speculation in December that he was considering a return despite re-entering the sports world’s drug testing pool. But the 23-time Grand Slam singles champion was less dismissive about the question in an interview with America’s Today Show.”Really, you’re going to hear this on the Today Show? Oh my god,” Williams said when approached about…
When “Deuce Bigalow: The Dude Gigolo” was released in 1999, noted film critic Roger Ebert wrote, “The View and Brew Theater was built for movies like that, unless you see it.” When the sequel, Deuce Bigalow: European Gigolo, was released in 2005, Ebert was even harsher, calling it “offensively bad, as if it was trying to cause pain to the audience.”Rob Schneider played the title role, a tropical fish tank cleaner turned gigolo. For this sequel, Schneider won the Golden Raspberry Award for Worst Actor and was nominated for Worst Actor of the Decade in 2010.Some 15 years later, Schneider…
Carvana used car vending machine displaying vehicles in Miami, December 9, 2022.Joe Radle | Getty Imagesshares of Carvana The company plunged 14.2% on Wednesday after short sellers accused the online second-hand retailer of inflating its profits with the help of a business controlled by CEO Ernie Garcia III’s family. Gotham City Research reported Wednesday that the online used car retailer S&P500 Last month, the company overstated its 2023-2024 revenue by more than $1 billion, saying it was “much more dependent on related parties” related to the family than previously disclosed.The company broadly accuses Carvana of relying on DriveTime’s bond issuance,…