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Happy Monday. as coca cola CNBC’s Amelia Lucas is working on automating dirty sodas and refreshers, taking readers into the secret labs where soda makers are plotting their next wave of innovation.
Stock futures were slightly lower this morning. The three major indexes are coming off a down week.
Here are five important things investors need to know to start their trading day.
1. Trade duties
U.S. President Donald Trump speaks with Canadian Prime Minister Mark Carney during a work lunch as part of the G7 Summit in Evian, eastern France, June 16, 2026. The G7 summit is scheduled to be held in the French town of Evian-les-Bains near Switzerland from June 15 to 17, and will be attended by heads of state, as well as EU foreign policy chiefs and ministers from Brazil, Canada, the United Arab Emirates, and Turkey. (Photo by Evelyn Hockstein/POOL/AFP via Getty Images)
Evelyn Hochstein AFP | Getty Images
The United States on Saturday imposed 50% tariffs on many Canadian products after the two countries failed to reach a trade deal last week. In response, Canadian Prime Minister Mark Carney said his country would impose reciprocal tariffs on the United States starting early next month.
Here’s what you need to know:
2. Repurchase funds
U.S. Treasury Secretary Scott Bessent looks on during a Cabinet meeting at Camp David, Maryland, July 31, 2026.
Aaron Schwartz | AFP | Getty Images
U.S. Treasury yields are falling after CNBC’s Steve Reisman reported this morning that the department may use about $950 billion in the general fund to fund bond purchases. Treasury officials declined to say how much TGA could be used, but made clear it was an option.
Tapping into nearly $1 trillion could give Bessent even more leverage in its share buyback operations, which it unexpectedly expanded last week. Yields initially fell after his announcement, but have since rebounded, in part due to skepticism about how much firepower Bessent actually has.
3. Seat belt sign
United Airlines CEO Scott Kirby speaks during a media event introducing United Airlines’ new premium “elevated” cabins at Los Angeles International Airport (LAX) on March 24, 2026 in Los Angeles, California.
Patrick T. Fallon | AFP | Getty Images
10 years later united airlinesCEO Scott Kirby has big plans for America’s second most profitable airline.
One of the plans, Kirby said in an exclusive interview with CNBC’s Leslie Josephs, is to expand United’s presence at New York’s John F. Kennedy International Airport. He also said he is not yet interested in acquiring smaller airlines, such as: jet blueAfter proposing a merger with delta and american Both were refused.
However, Kirby’s next decision is boeing Up to 10 737s: After years of delays, airlines now have to figure out what to do with all the lie-flat seats they’ve ordered.
4. Rooms available for purchase
Citibank sign at the Broadway branch in New York City on July 13, 2026.
Michael M. Santiago | Getty Images
The banking industry broadly believes that: citygroup and wells fargo It is well-positioned to undertake large-scale acquisitions as well. competitors JP Morgan Chase and bank of americaMeanwhile, countries already account for more than 10% of national deposits, which prevents them from conducting such transactions.
There may be thousands of banks in the United States, but these institutions are looking for a needle in a haystack. Acquisition targets need to be large enough to have influence, but small enough so that the acquirer does not fall below the 10% deposit limit.
CNBC’s Hugh Song found five local banks that fit the bill. Click here to see the complete list and what each can offer.
5. Trading on ice
The Paramount logo is displayed on a structure on the company’s Hollywood studio grounds on February 26, 2026 in Los Angeles.
Mike Blake | Reuters
The delay is paramount skydance–warner bros discovery The partnership may have implications beyond the two companies. As CNBC’s Lillian Rizzo writes, this could portend a slowdown in trading across media.
Industry insiders worry that increased scrutiny from state regulators, such as those in California who are leading antitrust litigation over the Paramount-WBD deal, could scare off other companies considering mergers and acquisitions. If there is a lull in deal-making, the sector could instead focus on more partnerships and content deals.
Representatives from Paramount and California are reportedly scheduled to meet today to discuss settling the antitrust lawsuit. However, those settlement talks have now been halted, according to the New York Times, which reported that California Attorney General Rob Bonta canceled talks and accused Paramount of acting in bad faith.
daily dividend
Here’s what we’re looking at this week:
Tuesday: dicks sporting goods Income (before the bell). Consumer confidence data for Wednesday August: kohls Income (before the bell). Nvidia, sales force, Octa, cloud strike and HP Income (after the bell). Personal consumption expenditure price index for July. Q2 GDP data Thursday: best buy Income (before the bell). working day, affirm and gap Income (after the bell). Kansas City Federal Reserve Economic Policy Symposium begins in Jackson Hole, Wyoming
— CNBC’s Amelia Lucas, Ian Thomas, Jenny Reid, Kevin Breuninger, Anique Bao, Sean Conlon, Fred Imbert, Steve Reisman, Hugh Leask, Leslie Josephs, Hugh Song and Lillian Rizzo contributed to this report.
Luke Fountain helped produce this newsletter. Josephine Rozzelle edited this version.
