Watch: Trump delivers speech on the economy in Pennsylvania as cost concerns grow

Watch: Trump delivers speech on the economy in Pennsylvania as cost concerns grow

[The stream is slated to start at 6:10 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is scheduled to deliver remarks on the U.S. economy as he works to sell a message of economic success to a country increasingly concerned about the cost … Read more

Trump trade war shift away from Chinese manufacturing has reached tipping point

Trump trade war shift away from Chinese manufacturing has reached tipping point

A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over … Read more

Nvidia partner Foxconn reports 26% revenue spike as AI boom continues

Nvidia partner Foxconn reports 26% revenue spike as AI boom continues

The logo of multinational tech company Foxconn (also known as Hon Hai), which is a major manufacturer for Apple products, in Taipei, Taiwan, on April 16, 2025. Anadolu | Anadolu | Getty Images Foxconn, a key Nvidia partner in its artificial intelligence buildout, saw its revenue spike 26% year-on-year in November, as demand for servers … Read more

Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says

Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says

Commerce Secretary Howard Lutnick on Wednesday denied that the Trump administration’s tariff policies were to blame after a new report showed a surprise drop in private payrolls in November. Instead, Lutnick argued on CNBC’s “Squawk on the Street” that the government shutdown temporarily slowed small-business activity. He added that the federal efforts to enact mass … Read more

Watch: Trump holds Cabinet meeting as Hegseth boat strike scrutiny mounts

Watch: Trump holds Cabinet meeting as Hegseth boat strike scrutiny mounts

[The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is holding a Cabinet meeting at the White House on Tuesday, as his administration grapples with a slew of major political issues that have come to the fore since … Read more

Bessent believes there won’t be a recession in 2026 but says some sectors are challenged

Bessent believes there won’t be a recession in 2026 but says some sectors are challenged

Scott Bessent, US treasury secretary, arrives to speak during a site expansion groundbreaking ceremony at the Boeing South Carolina (BSC) manufacturing facility in North Charleston, South Carolina, US, on Friday, Nov. 7, 2025. Sean Rayford | Bloomberg | Getty Images Treasury Secretary Scott Bessent said on Sunday the U.S. was not at risk of entering … Read more

Fed’s Collins: Still leaning against cutting rates in December amid persistent inflation, labor market risks

Fed’s Collins: Still leaning against cutting rates in December amid persistent inflation, labor market risks

Susan Collins, president and chief executive officer of the Federal Reserve Bank of Boston, during a Bloomberg Television interview at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Friday, Aug. 22, 2025. David Paul Morris | Bloomberg | Getty Images Federal Reserve Bank of Boston President Susan Collins … Read more

The fast-casual bowl boom is over. Wall Street isn’t sold on Cava, Chipotle deals to lure back spenders

The fast-casual bowl boom is over. Wall Street isn’t sold on Cava, Chipotle deals to lure back spenders

The Washington Post | The Washington Post | Getty Images At 12:30 p.m. in midtown Manhattan on mid-week office days, long lines still form outside Chipotle, Cava, and Sweetgreen. Fast-casual bowls remain the defining lunch of the hybrid-work era, something quick to carry, simple to eat at a desk, and familiar enough to order without … Read more

Trump says he’d love to fire Powell, urges Bessent to ‘work on’ him to lower rates

Trump says he’d love to fire Powell, urges Bessent to ‘work on’ him to lower rates

President Donald Trump on Wednesday said he would love to fire Federal Reserve Chair Jerome Powell, but suggested that Treasury Secretary Scott Bessent is holding him back. “[I’ll] be honest, I’d love to fire his ass,” Trump said of Powell at the U.S. Saudi Investment Forum in Washington, D.C. Trump urged Bessent to “work on” … Read more

AI could be causing ‘quiet time’ in labor market, top Trump economic aide Hassett says

AI could be causing ‘quiet time’ in labor market, top Trump economic aide Hassett says

Artificial intelligence could be increasing worker productivity so much that companies slow hiring, top Trump administration economic advisor Kevin Hassett said Monday. “I think that there have been mixed signals in the job market,” the National Economic Council director said on CNBC’s “Squawk Box,” adding that he has seen “really, really positive signals in the … Read more