Financial markets took President Donald Trump’s pick of Kevin Warsh as the next Federal Reserve chair largely in stride, a sign investors see the former Fed governor as a credible steward of monetary policy despite expectations he may push for lower rates. Treasury yields were little changed on Friday immediately following the announcement, a sign…
The US Capitol in Washington, DC, US, on Tuesday, Jan. 27, 2026. Al Drago | Bloomberg | Getty Images Health costs have emerged as the top financial anxiety for U.S. households, according to a new survey. It’s a dynamic that experts say could pose a threat to the Republican majority in Congress during this year’s…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. President Donald Trump has made his decision on who he’ll nominate to be the Federal Reserve’s next chair, and it turns out that it was one of the “Kevins” after all. Stock futures are lower this morning. The S&P 500…
U.S. Sen. Thom Tillis (R-NC) speaks to reporters as he leaves the Senate Chamber at the U.S. Capitol on January 29, 2026 in Washington, DC. Kevin Dietsch | Getty Images Sen. Thom Tillis said Friday that he will oppose President Donald Trump’s nomination of Kevin Warsh as Federal Reserve chair until the criminal probe of…
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Here are the biggest calls on Wall Street on Friday: Guggenheim upgrades GE Vernova to buy from neutral Guggenheim says it likes the company’s cash generation. “We are returning to a Buy rating (from Neutral) for GEV, and establishing a price target of $910. Our analysis indicates that the market still may be underestimating the…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. A new “blue wave” of tax hikes on the wealthy is rippling through state legislatures, as Virginia, Washington state, Rhode Island and others…
Check out the companies making the biggest moves premarket: Apple — Shares fell 0.6% even after after the company posted blowout fiscal first-quarter results , with notably strong revenue from its iPhone 17 models released in September. Apple earned $2.84 per share for the quarter, higher than the $2.67 per share expected by analysts surveyed…
This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports. The NBA slate heats up tonight, and DraftKings is giving bettors extra juice with a $200 bonus bet offer for any other game on the…
The gap between the best and worse off Americans is growing — and economists don’t see an end in sight. The “K-shaped” economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans’ financial habits almost six years ago. Economists now warn that this two-speed economic…
