Sen. Warren blasts CFPB director for undermining Trump’s credit card affordability push

Sen. Warren blasts CFPB director for undermining Trump’s credit card affordability push

U.S. Senator Elizabeth Warren (D-MA) and Director of the United States Office of Management and Budget, Russell Vought. Kevin Mohatt | Kevin Lamarque | | Reuters Sen. Elizabeth Warren on Friday accused the acting head of the Consumer Financial Protection Bureau of undermining President Donald Trump’s stated push to make credit cards more affordable, according … Read more

S&P 500 and Nasdaq rise led by tech, Dow struggles as Street wraps up wild week: Live updates

S&P 500 and Nasdaq rise led by tech, Dow struggles as Street wraps up wild week: Live updates

Starbucks could see positive catalyst next week, says Deutsche Bank It’s a big week next week for Starbucks, which is set to report earnings on Wednesday and host an investor day on Thursday. Deutsche Bank anticipates the possibility of some downside risk to the coffee chain’s full-year 2026 guidance, but thinks long-term targets could surprise … Read more

Iran is not a major oil producer, but it still moves prices. Here’s why

Iran is not a major oil producer, but it still moves prices. Here’s why

Oil prices rose Friday as President Donald Trump’s renewed threats against Iran raise concerns about supply disruptions. Iran is not a major oil producer. The country pumps about 3.4 million barrels per day, according to Kpler. That number pales in comparison with the U.S. and Saudi Arabia, which pump about 13.5 million barrels per day … Read more

Microsoft fixes Outlook email issues

Microsoft fixes Outlook email issues

The Microsoft office building is in the RheinauArtOffice in Cologne, Germany, on September 11, 2025. Michael Nguyen | Nurphoto | Getty Images Microsoft on Thursday resolved technical issues that got in the way of people sending and receiving email messages in its Outlook application and completing other tasks. The event started in the middle of … Read more

What Trump’s renewed attack on Iran could mean for oil prices

What Trump’s renewed attack on Iran could mean for oil prices

US President Donald Trump speaks to reporters while in flight on Air Force One, traveling from Shannon, Ireland en route Joint Base Andrews in Maryland on January 22, 2026. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump’s warning that a U.S. “armada” is heading toward Iran has deepened concern of potential military … Read more

Pardoned Binance founder Zhao says his business relationship with the Trumps was ‘misconstrued’

Pardoned Binance founder Zhao says his business relationship with the Trumps was ‘misconstrued’

Binance founder Changpeng “CZ” Zhao said that his business relationship with President Donald Trump’s family has been “misconstrued” in the wake of his pardon. “There’s no business relationships whatsoever,” Zhao told CNBC’s Andrew Ross Sorkin Thursday in an interview at the World Economic Forum in Davos, Switzerland. The former Binance CEO served four months in … Read more

Social Security has ‘no bankruptcy or collapse in the cards,’ economist says — but benefits may change

Social Security has ‘no bankruptcy or collapse in the cards,’ economist says — but benefits may change

People line up outside the Social Security Administration office in San Francisco. Getty Images Social Security, the federal social insurance program that millions of Americans rely on for income, faces a shortfall in funding it counts on from its trust funds. But that doesn’t mean the program is going bankrupt or will be entirely unable … Read more

Why a niche category of CRE lending is suddenly seeing record deals

Why a niche category of CRE lending is suddenly seeing record deals

Wepro | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight … Read more

From French drug pricing to ‘loser’ windmills: A rundown of who Trump criticized at Davos

From French drug pricing to ‘loser’ windmills: A rundown of who Trump criticized at Davos

US President Donald Trump gestures as he delivers a special address during the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump backed away from tariffs … Read more

What obesity drugmakers see next in the market: More pills, easier access and drug combinations

What obesity drugmakers see next in the market: More pills, easier access and drug combinations

A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, Jan. 15, 2026. George Frey | Bloomberg | Getty Images The future of the booming obesity drug market won’t hinge on drugs that deliver greater weight loss alone.  Top executives from drugmakers big and small told CNBC that the next phase … Read more