Breaking News: Markets

Yellen says Powell probe ‘extremely chilling’ for Fed independence, market should be concerned

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Former Federal Reserve Chair Janet Yellen on Monday condemned an investigation into her successor, Jerome Powell, saying it compromises the central bank’s independence. Yellen, who served as Treasury secretary after leaving the Fed, added that she thinks financial markets should be more concerned about a situation that she called “extremely chilling.” “I’m surprised the market … Read more

Dow falls more than 200 points as DOJ Powell probe raises fear Trump trying to take control of the Fed: Live updates

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Traders work on the floor at the New York Stock Exchange in New York City, U.S., Dec. 15, 2025. Brendan McDermid | Reuters Stocks fell Monday after the Department of Justice opened a criminal investigation into Federal Reserve Chair Jerome Powell, an apparent escalation by President Donald Trump in his attempt to pressure the central … Read more

Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit

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Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a one-year cap on credit card interest rates at 10%. Citi Group lost almost 4% in premarket trading and JPMorgan Chase was last seen down 2.88%, paring some earlier losses. Bank of America fell 2.36%, Visa declined 1.94%, and Mastercard was 2.21% … Read more

Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal

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An Allegiant Airlines jet flies out of Las Vegas Airport. Nick Potts | Getty Images Allegiant Travel said Sunday it is acquiring fellow leisure carrier Sun Country in a $1.5 billion cash and stock deal, including debt, a plan that comes as budget airlines in the U.S. have faced a surge in costs following the … Read more

Boeing’s airplane deliveries are the highest in 7 years. Now it’s about to pick up the pace

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A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing is set to report this week that it delivered the most airplanes since 2018 last year after it stabilized its production, the clearest sign of a turnaround … Read more

How we navigated the market’s winning week amid Trump’s Truth Social surprises

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Wall Street had a stellar first full trading week of 2026, shaking off a barrage of uncertainty caused by President Donald Trump ‘s social media posts and the surprise military operation in Venezuela. The S & P 500 turned in a record high close Friday, following weaker-than-expected December job growth. The government reported that nonfarm … Read more

Watch: Trump meets with oil executives at the White House on Venezuela investment

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President Donald Trump is meeting Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolas Maduro. The CEOs of Exxon, ConocoPhillips, Shell and a representative from Chevron are attending, sources told CNBC’s Brian Sullivan. Representatives … Read more

Trump will use other tariff authorities to get to ‘same place’ if Supreme Court rules against him: Hassett

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National Economic Council Director Kevin Hassett said Friday that the White House could deploy alternative measures if the Supreme Court rules against President Donald Trump’s use of emergency powers to impose sweeping levies. “There was a big call last night with all the principals to talk about if the Supreme Court were to rule against … Read more

Glencore shares pop 10% as firm restarts mega-merger talks with Rio Tinto

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Rio Tinto and Glencore are back in talks about a possible $260 billion megadeal Rio Tinto Glencore‘s London-listed shares popped 10% on Friday, after it was confirmed a possible $260 billion takeover bid from Rio Tinto was back on the table. Shares were last seen 9.9% higher. Meanwhile, London-listed shares of Rio Tinto fell 2.3%, … Read more

Trump instructs ‘representatives’ to buy $200 billion in mortgage bonds, aiming to lower rates

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US President Donald Trump speaks during a bill signing ceremony in the Oval Office of the White House in Washington, DC, US, on Friday, Dec. 12, 2025. Francis Chung | Politico | Bloomberg | Getty Images President Donald Trump on Thursday said he is “instructing my Representatives” to buy $200 billion in mortgage bonds, claiming … Read more