U.S. threats of a Greenland takeover spark talk of trade wars

U.S. threats of a Greenland takeover spark talk of trade wars

A U.S. move to seize Greenland could damage trade ties with the European Union, France’s finance minister has warned, as one analyst told CNBC that tariffs or economic sanctions could lead to a “trade war.” U.S. President Donald Trump has ramped up talk of annexing Greenland this month — and has not ruled out taking it … Read more

Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away

Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away

Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. “Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during a CNBC “Squawk Box” interview. “You’re going to get inflation come roaring … Read more

Morgan Stanley tops estimates driven by wealth management

Morgan Stanley tops estimates driven by wealth management

People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City.  Spencer Platt | Getty Images Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenues from wealth management. Here’s what the company reported compared with what Wall Street analysts surveyed … Read more

Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran

Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran

Oil prices fell 3% on Thursday after comments from U.S. President Donald Trump calmed fears that an American strike on Iran could be imminent. Brent crude oil futures, the global benchmark, dipped by 2.8%, or $1.87, to settle at $64.63 a barrel. Front-month West Texas Intermediate crude lost $1.79, or 2.9%, to trade at $60.23 … Read more

Iran reopens airspace after hours-long shutdown spooks airlines

Iran reopens airspace after hours-long shutdown spooks airlines

Security forces are seen during a pro-government rally on Jan. 12, 2026 in Tehran, Iran. Getty Images | Getty Images News | Getty Images Iran reopened its airspace early Thursday after a temporary closure that barred most incoming and outgoing flights for several hours amid concerns the U.S. could carry out military strikes, raising risks … Read more

Stock futures slip after S&P 500, Dow slide for two straight sessions: Live updates

Stock futures slip after S&P 500, Dow slide for two straight sessions: Live updates

Traders work on the floor of the New York Stock Exchange during morning trading on January 14, 2026 in New York City. Michael M. Santiago | Getty Images Stock futures were near flat Wednesday night as the S&P 500 comes off of two consecutive days of losses. Futures tied to the Dow Jones Industrial Average … Read more

Congressional stock trading ban bill to get its first vote Wednesday

Congressional stock trading ban bill to get its first vote Wednesday

The U.S. Capitol at sunset in Washington, D.C., U.S. December 23, 2025. Tyrone Siu | Reuters Lawmakers could face a ban on buying new stocks under a bill poised to get its first vote Wednesday. But hurdles remain, including opposition from most Democrats who say the bill doesn’t go far enough in preventing insider trading … Read more

Bank of America tops estimates on better-than-expected net interest income

Bank of America tops estimates on better-than-expected net interest income

Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and … Read more

Big Tech is poaching energy talent to fuel its AI ambitions

Big Tech is poaching energy talent to fuel its AI ambitions

Big Tech has been on an energy hiring spree. Technology companies investing heavily in artificial intelligence are bolstering their workforce with energy experts as they look to overcome the biggest bottleneck in scaling AI: access to power. Energy-related hiring jumped 34% year-on-year in 2024, according to data compiled by Workforce.ai for CNBC. Last year’s hiring … Read more

China’s annual trade surplus hits a record $1.2 trillion, even as exports to U.S. decline by 20%

China’s annual trade surplus hits a record .2 trillion, even as exports to U.S. decline by 20%

QINGDAO, CHINA – JANUARY 13, 2026 – The cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on January 13, 2026. Cfoto | Future Publishing | Getty Images China’s exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high, while … Read more