Delta, Walmart warn about consumer spending amid tariffs, inflation

Delta, Walmart warn about consumer spending amid tariffs, inflation

Shoppers cast shadows as they carry their bags along the waterfront in Portland, Maine, U.S, December 26, 2024.  Kevin Lamarque | Reuters It’s not just Walmart. The leaders of companies that serve... Read more »
Student loans shouldn’t be handled by Education Dept., Trump says

Student loans shouldn’t be handled by Education Dept., Trump says

U.S. President Donald Trump gestures as he walks to board Marine One, while departing the White House en route to Florida, in Washington, D.C., U.S., March 7, 2025.  Evelyn Hockstein | Reuters... Read more »
Why banks don’t want the agency to disappear

Why banks don’t want the agency to disappear

Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday,... Read more »
Trump to sign order limiting Public Service Loan Forgiveness

Trump to sign order limiting Public Service Loan Forgiveness

U.S. President Donald Trump delivers remarks in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025.  Leah Millis | Reuters President Donald Trump is expected to sign... Read more »
Sen. Blumenthal asks Visa for details on Elon Musk X payments deal

Sen. Blumenthal asks Visa for details on Elon Musk X payments deal

Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021. Graeme... Read more »
Student loan borrowers in the dark as Trump targets Education Dept.

Student loan borrowers in the dark as Trump targets Education Dept.

An American flag and a U.S. Department of Education flag fly outside the US Department of Education building in Washington, D.C., U.S., Feb. 1, 2025.  Annabelle Gordon | Reuters Federal student loan... Read more »
Congress’ proposed Medicaid cuts may negatively impact economy: report

Congress’ proposed Medicaid cuts may negatively impact economy: report

A “Save Medicaid” sign is affixed to the podium for the House Democrats’ press event to oppose the Republicans’ budget on the House steps of the Capitol on Tuesday, February 25, 2024. ... Read more »
It’s a great time to buy defense stocks as DOGE cuts fears are overblown, says Citi

It’s a great time to buy defense stocks as DOGE cuts fears are overblown, says Citi

Citi Research thinks the market is failing to correctly price aerospace and defense stocks, leaving open a huge opportunity to buy the dip amid signs of defense spending growth. Defense stocks have... Read more »
CFPB drops JPMorgan, Bank of America, Wells Fargo lawsuit over Zelle fraud

CFPB drops JPMorgan, Bank of America, Wells Fargo lawsuit over Zelle fraud

FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget on Capitol Hill in Washington, U.S., March 12, 2019.  Yuri Gripas |... Read more »
Trump Mexico tariffs will raise produce prices, Target CEO Cornell says

Trump Mexico tariffs will raise produce prices, Target CEO Cornell says

Shoppers will likely see produce prices increase in the coming days due to President Donald Trump‘s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. The Trump administration’s 25% levies on... Read more »
Trump ‘gold card’ visa may attract rich college applicants from abroad

Trump ‘gold card’ visa may attract rich college applicants from abroad

New York University graduates walk through New York’s Washington Square Park on May 9, 2021. Alexi Rosenfeld | Getty Images For years, restrictive student visa policies in the U.S. have limited college... Read more »
President Trump’s  million gold card tax loophole: Here’s what to know

President Trump’s $5 million gold card tax loophole: Here’s what to know

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box CNBC’s Robert Frank joins ‘Squawk Box’ to discuss details of President Trump’s $5 million gold card visa... Read more »
Trump ‘gold card’ visa comes with a hidden tax break for the wealthy

Trump ‘gold card’ visa comes with a hidden tax break for the wealthy

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... Read more »
Federal judge blocks Musk’s DOGE access to student loan borrowers’ data

Federal judge blocks Musk’s DOGE access to student loan borrowers’ data

Elon Musk speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., Feb. 20, 2025.  Nathan Howard | Reuters A federal judge in Maryland on Monday granted a temporary... Read more »
How Trump, DOGE job cuts may affect the U.S. economy

How Trump, DOGE job cuts may affect the U.S. economy

Protestors in New York City demonstrate against the push by President Donald Trump and Elon Musk, who leads the so-called Department of Government Efficiency, to gut federal services and impose mass layoffs,... Read more »
Steve Cohen says tariffs, DOGE’s cuts are negative for economy

Steve Cohen says tariffs, DOGE’s cuts are negative for economy

Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. CNBC Billionaire investor Steve Cohen doubled down on his negative view of the U.S. economy due to a... Read more »
IRS cutting 6,000 jobs: Impact of tax filing, audits and collection enforcement

IRS cutting 6,000 jobs: Impact of tax filing, audits and collection enforcement

CNBC’s Robert Frank joins ‘Squawk Box’ to report on the latest news. Source link Read more »
More progress on inflation needed before more rate cuts

More progress on inflation needed before more rate cuts

Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California, February 11 2019. Ann Saphir | Reuters... Read more »
Delta plane crashes on landing at Toronto airport, injuring at least 18

Delta plane crashes on landing at Toronto airport, injuring at least 18

First responders work at the Delta Air Lines plane crash site at Toronto Pearson International Airport in Mississauga, Ontario, Canada February 17, 2025. Arlyn Mcadorey | Reuters At least 18 people were... Read more »