A McDonald’s cheeseburger, fries, and soda arranged in Celina, Texas, US, on Tuesday, Sept. 2, 2025. Jake Dockins | Bloomberg | Getty Images McDonald’s is expected to report its fourth-quarter earnings after the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $3.05 expected…
Jobseekers speak with recruiters past event signage during the WorkSource North Seattle Career Fair in Seattle, Washington, US, on Tuesday, Feb. 10, 2026. David Ryder | Bloomberg | Getty Images The January nonfarm payrolls report beat Wall Street expectations in both job creation and the unemployment rate. Here are the top five takeaways: From a…
Greenlight Capital’s David Einhorn anticipates the Federal Reserve will issue more interest rate cuts this year than what’s being anticipated and that’s giving him greater confidence in his gold bet. While rate cut expectations diminished a bit Wednesday following the much better-than-expected January jobs report, traders are still currently pricing in a more than 88%…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning, and happy jobs Wednesday. We may have had to wait five extra days for January’s nonfarm payrolls report, but at least we’ve had the Winter Olympics to pass the time. Norway currently leads with six gold medals, while the U.S….
Attorney General Pam Bondi on Wednesday responded to House Democrats’ heated questions about the Trump administration’s handling of the Epstein files by chastising them for ignoring stock market gains and other of President Donald Trump’s political wins. “The Dow is over 50,000 right now,” Bondi said in sworn testimony before the House Judiciary Committee after…
INGLEWOOD, Calif. — Coming to this weekend’s NBA All-Star Game: John Tesh and “Roundball Rock,” being performed live. Tesh will play the song to introduce Sunday’s All-Star Game, which will be aired on NBC and Peacock, the NBA said Wednesday while unveiling the musical performances for the weekend. Ludacris, the three-time Grammy winner, will be…
The 78th edition of the NASCAR Cup Series begins with the 68th Daytona 500. It’s NASCAR’s most illustrious event, and it kicks off perhaps the Cup Series’ most important season. Here’s what you need to know about the race, how to watch it and information on NASCAR’s other events that will be taking place all…
The sell-off in financial services stocks on new fears over artificial intelligence has created a buying opportunity, according to Wall Street analysts. Several wealth management companies tumbled on Tuesday after tech platform Altruist announced a new AI-powered, tax planning tool on its AI platform, Hazel. LPL Financial closed more than 8% lower, Charles Schwab lost…
A basketball finds nothing but net during practice before a 2024 NCAA Tournament game at PPG Paints Arena in Pittsburgh. Charles LeClaire | Reuters Prediction markets saw strong results from the Super Bowl, but it was just an appetizer for a banquet of sporting events in 2026 that are expected to drive surging volumes in…
Oil held steady on Wednesday as U.S.–Iran talks continued, with lingering geopolitical uncertainty helping to underpin prices. Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images Oil prices gained about 2% on Wednesday, buoyed by potential supply risks should tensions between the U.S. and Iran escalate, while draws of crude from key stockpiles suggested…
