Nike to lay off 775 employees at U.S. distribution centers
A shopper carries a Nike bag in the Union Square neighborhood of San Francisco, Jan. 21, 2026. David Paul Morris | Bloomberg | Getty Images Nike is cutting 775 employees as the company looks to boost its bottom line and accelerate its use of “automation,” CNBC has learned. The layoffs, Continue Reading
How the USA Rare Earth deal with the Trump administration came together
USA Rare Earth CEO Barbara Humpton spoke with Secretary of Commerce Howard Lutnick one month after taking the helm at the critical minerals startup, pitching its assets to the federal government. Humpton’s November 2025 conversation with Lutnick would ultimately lead to a proposed deal that will provide USA Rare Earth Continue Reading
AI wasn’t the biggest engine of U.S. economic growth in 2025
Meta’s 5-gigawatt “Hyperion” data center under construction in Richland Parish, Louisiana, on January 9, 2026. Meta The popular narrative that artificial intelligence is the engine keeping the U.S. economy alive appears to be overstated, according to recent analyses. The AI boom has reshaped market valuations, driven large investments and record Continue Reading
Stocks making the biggest moves midday: GME, BAH, CVI, CRWV
Check out some of the companies making the biggest midday moves: Booz Allen Hamilton — The consulting firm shed more than 5% after the Treasury Department said it canceled all contracts with the company , whose employees leaked the tax records of President Donald Trump, and the billionaires Jeff Bezos Continue Reading
Fed rates likely to hold steady: Here’s what that means
Despite escalating political pressure from President Donald Trump, the Federal Reserve is expected to hold interest rates steady at its policy meeting this week. Amid a somewhat softening labor market, inflation pressures and an uncertain geopolitical landscape, futures market pricing is implying almost no chance of a rate cut, according to the Continue Reading
It’s the perfect time to start a position in this industrial stock
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks are up nicely Monday to kick off the busiest week of this earnings season, including reports from Club holdings Corning , Boeing, Danaher, Continue Reading
Air travel will return to normal by Wednesday, DOT Sec. Sean Duffy says
Transportation Secretary Sean Duffy said the Federal Aviation Administration needs two more days to fully recover from the significant flight disruptions that came over the weekend due to the massive winter storm that swept across the country. In an interview Monday on CNBC’s “Squawk Box,” Duffy said the FAA is Continue Reading
Target incoming CEO Fiddelke calls violence painful
Fiddelke, Target’s chief operating officer, will step into the CEO role on Feb. 1. In the video message to employees, he said he’s looking forward to starting the job in a week and “this isn’t the first message I imagined I’d send.” He said he’s “been meeting with a range Continue Reading
Many housing market solutions right now are short-term, says Realtor’s Jake Krimmel
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jake Krimmel, Realtor senior economist, joins “Squawk Box’ to discuss the state of the housing market, addressing the issue of home affordability, impact of lower interest rates, and more.
