U.S. Treasury Secretary Scott Bessent looks on as he speaks to the media after two days of meetings with a Chinese delegation, in Paris, France March 16, 2026. Abdul Saboor | Reuters The Trump administration announced on Thursday that it will task the U.S. Department of the Treasury with collecting on defaulted student loans. Currently,…
Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Nexstar Media Group closed its acquisition of fellow broadcast station group owner Tegna after sealing regulatory approval, despite antitrust lawsuits filed against the deal in recent days. Nexstar’s $6.2 billion merger with Tegna brings together more than 260 local broadcast TV affiliate stations across the…
U.S. Treasury yields rose on Friday as investors continue to navigate growing uncertainty over how the Middle East conflict is impacting the economy. The 10-year Treasury yield — the benchmark for U.S. government borrowing — added 6 basis points to 4.342%. The yield on the 2-year Treasury note, which is more sensitive to short-term Federal Reserve rates…
Federal Reserve Governor Christopher Waller on Friday expressed caution about current economic conditions but still sees the opportunity for interest rate cuts later this year. Previously an advocate for rate cuts, Waller said in a CNBC interview that recent developments in the labor market as well as the uncertainty of the war with Iran require…
U.S. President Donald Trump delivers remarks on artificial intelligence at the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters The Trump administration on Friday issued a legislative framework for a single national policy on artificial intelligence, aiming to create uniform safety and security guardrails around the nascent…
Lights on in skyscrapers and commercial buildings on the skyline of the City of London, UK, on Tuesday, Nov. 18, 2025. U.K. business chiefs urged Chancellor of the Exchequer Rachel Reeves to ease energy costs and avoid raising the tax burden on corporate Britain as she prepares this year’s budget. Bloomberg | Bloomberg | Getty Images British…
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016. Picture taken March 24, 2016. Nick Oxford | Reuters Supply measures alone won’t be enough to mitigate “the…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. In a tale of two viral hotspots, Polymarket is planning a pop-up bar in Washington, D.C., while a New York City pharmacy is seeing a surge after its feature in FX’s “Love Story.” Stock futures are down this morning after…
Spring is a time filled with hope for most NFL fans. Their teams are spending money on new players that will surely help them win. Some are bringing in better coaches. And the draft is right around the corner and will surely bring even more good news. At least that’s how it seems. But I’m…
KOID a Unitree Robotics G1 Humanoid Robot walks on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 10, 2025. Brendan McDermid | Reuters Chinese startup Unitree Robotics on Friday filed an initial public offering application to the Shanghai Stock Exchange, seeking to raise 4.2 billion yuan ($610 million),…
