President Donald Trump’s attacks on the Federal Reserve have “grave” ramifications for the global financial system, a former European Central Bank governor has told CNBC. Jean-Claude Trichet, who is also a former governor of the Bank of France, told CNBC’s “Squawk Box Europe” on Wednesday that the Trump administration is “trying to change the game”…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. With yesterday’s inflation data, I am once again reminded that my preference for beef over poultry is hurting my grocery bill. Stock futures are down this morning. The three major indexes are coming off a losing day. Here are five…
BARCELONA, Spain — Spanish prosecutors are studying allegations that singer Julio Iglesias sexually assaulted two former employees at his residences in the Dominican Republic and the Bahamas. The Spanish prosecutors’ office told The Associated Press on Wednesday that the allegations were related to media reports from earlier this week that alleged Iglesias had sexually and…
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Customers shop at a Trader Joe’s store on Dec. 10, 2025 in Chicago, Illinois. Scott Olson | Getty Images Wholesale prices moved up less than expected while consumers kept up a heavy buying pace in November, according to economic data released Wednesday. The producer price index, a measure of final demand prices that producers get…
Japan’s Prime Minister Sanae Takaichi delivers a speech at the 14th Council Meeting of the Japan Business Federation, or Keidanren, in Tokyo on December 25, 2025. (Photo by Kazuhiro NOGI / AFP via Getty Images) Kazuhiro Nogi | Afp | Getty Images Japan’s Prime Minister Sanae Takaichi plans to dissolve parliament next week and call…
Airbnb has tapped Ahmad Al-Dahle, former head of generative artificial intelligence at Meta Platforms, as its news technology chief, CEO Brian Chesky announced on Wednesday. “With Ahmad, we are really, really excited because we have an opportunity to do AI right for travel, to do AI right for ecommerce,” Chesky told CNBC’s Andrew Ross Sorkin….
The U.S. Capitol at sunset in Washington, D.C., U.S. December 23, 2025. Tyrone Siu | Reuters Lawmakers could face a ban on buying new stocks under a bill poised to get its first vote Wednesday. But hurdles remain, including opposition from most Democrats who say the bill doesn’t go far enough in preventing insider trading…
It gets to this time of the NFL season and the math stops making sense. There are only eight teams and seven games left. The season is nearly over. So as we rank the quarterbacks for the final stretch, it is as difficult as ever. It’s an impressive field with signal-callers playing at an extremely…
Chief executive officer of Citigroup Jane Fraser visits FOX Business Network’s “Mornings With Maria” at Fox Business Network Studios on May 29, 2025 in New York City. John Lamparski | Getty Images Citigroup reported fourth-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Adjusted earnings: $1.81 a share, vs. expected $1.67 Adjusted…
