This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Help wanted Last week’s salvo of job market data was weaker-than-expected across the board. While that raised some investors’ hopes for a forthcoming interest rate cut from…
US National Economic Council Director Kevin Hassett warned that the president will not soften his stance if India refuses concessions, as US tariffs on Indian imports doubled to 50 per cent amid strained ties. “If the Indians don’t budge, I don’t think President Trump will,” said top Trump adviser Hassett on Wednesday, pointing at the…
White House National Economic Adviser Kevin Hassett prepares to give a live television interview at the White House in Washington, D.C., U.S., August 4, 2025. Jonathan Ernst | Reuters President Donald Trump’s top economic adviser, Kevin Hassett, said Wednesday that Federal Reserve Board of Governors member Lisa Cook should go on leave from the central…
A Palantir sign at the World Economic Forum annual meeting in Davos, Switzerland, on May 22, 2022. Fabrice Coffrini | Afp | Getty Images If you have any U.S. technology stocks in your portfolio (and let’s face it, who doesn’t?), you might want to look away. For the second day in a row, tech stocks…
Kevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the US Federal Reserve Reuters President Donald Trump’s fresh comments on potential candidates to replace Jerome Powell as the next chair of the Federal Reserve sparked a wave of speculation on prediction markets. National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh,…
U.S. Treasury Secretary Scott Bessent (center) at Lancaster House in London, U.K., on Monday, June 9, 2025. Chris Ratcliffe | Bloomberg | Getty Images Trade negotiators from the U.S. and China have met in London, and talks are expected to continue Tuesday, a source familiar with the situation told CNBC’s Megan Casella. At the top…
Wall Street weakened Monday as investors worldwide get more skeptical about U.S. investments because of President Donald Trump’s trade war and his criticism of the Federal Reserve, which are shaking the traditional order.The S&P 500 sank 2.4% in another wipeout. That yanked the index that’s at the center of many 401(k) accounts 16% below its…
US President Donald Trump signaled progress in the ongoing trade war with China, revealing that talks are moving in a positive direction, speaking to reporters at the White House on Friday (April 18). “By the way, we have nice conversations going with China … It’s, like, really very good,” Trump said, though he did not…
The top economic adviser at the White House rejected suggestions that there may have been insider trading in relation to President Donald Trump‘s decision to pause his reciprocal tariffs. Why it Matters Democrats in Congress are pushing for an investigation into the potential for insider trading after the dramatic swings in the stock markets. Before…
A single social media post having a 15-word sentence on X (formerly Twitter) triggered massive market volatility April 7 morning in the US, adding and erasing $2.4 trillion in S&P 500 value within an hour after falsely claiming President Trump planned to pause his controversial tariff program.The wild swing highlighted the market’s extreme sensitivity to…