Trump’s Iran deadline, the Altman-Musk battle, Novo’s Wegovy pill and more on Morning Squawk.

Trump's Iran deadline, the Altman-Musk battle, Novo's Wegovy pill and more on Morning Squawk.

This is CNBC’s Morning Squawk newsletter. Register here to receive future publications in your inbox. Hello, and congratulations to everyone who had the Michigan Wolverines win their March Madness bracket. Stock futures are lower this morning after the three major indexes closed Monday’s session higher. Here are five important things investors need to know to … Read more

CNBC Daily Open: Markets catch wind as Trump’s Iran deadline nears

CNBC Daily Open: Markets catch wind as Trump's Iran deadline nears

US President Donald Trump speaks next to the Easter Bunny on the balcony of the White House during the Easter Egg Roll on April 6, 2026 in Washington, DC. The Easter Egg Roll is a White House tradition that dates back to 1878. The Trumps are also honoring the 250th anniversary of the United States … Read more

From a seller’s market to a buyer’s: Spokane, Coeur d’Alene home sales are entering a fast phase as the economy turns.

From a seller's market to a buyer's: Spokane, Coeur d'Alene home sales are entering a fast phase as the economy turns.

Buds appearing on tree trunks and green grass on Lilac City lawns mark the start of spring when Realtors begin their rush to sell homes. This year’s peak home listing season was starting to show great promise. Up until 30 days ago, mortgage rates and interest rates had dropped below 6%, the economy appeared to … Read more

Iran war exposes weakness of US ‘no-hire’ economy

chart

ORLANDO, Florida, April 2 (Reuters) – US job growth is slowing to a halt. If this was tolerable to policymakers or acceptable to investors before the Iran war, it should not be now. The labor market has been struggling for some time, but this has been overshadowed by the unemployment rate, which has come down, … Read more

Oil rises, stocks fall as Trump fails to ease fears about war economy – The Boston Globe

Gasoline prices have topped $4 a gallon since the start of fighting in the Middle East.

Comments: Oil prices rose after Trump’s speech, with Brent rising to $110 a barrel after briefly falling to $99 on Wednesday on hopes that he will soon make a deal with Iran. Stocks fell overnight in Asia and Europe, and opened higher in early trading in New York on Thursday. Stocks later rallied and ended … Read more

The March jobs report will be released on Friday. Here’s what to expect

Consumer confidence shows improvement; job opportunities and jobs fell

A “Help Wanted” sign hangs in the window of a restaurant in Medford, Massachusetts, US, January 25, 2023. Brian Snyder | Reuters Non-farm payrolls are expected to fall back – slightly – in March as consumers tune in for what is shaping up to be a healthy labor market. The US economy is estimated to … Read more

The K-shaped economy: Why restaurants are dying but yachts are booming

caption: Wendy Morales ran the Blue Star Cafe & Pub in Wallingford after inheriting it from her father.

On a sunny February afternoon, Wendy Morales locked up Blue Star Cafe & Pub for the last time. After decades of serving great omelets, old bloody marys, and french fries, a beloved Seattle’s Wallingford eatery has closed for good. “Our lease is coming to an end,” Morales said. “There was no choice. Money, I call … Read more

How the Iran war adds to the US economy is shaped like K by the high price of gas | Good luck

How the Iran war adds to the US economy is shaped like K by the high price of gas | Good luck

The conflict in the Middle East has caused oil prices in the United States to rise to their highest level in four years. It’s bad news for everyone, but the domestic effects of the war are likely to be irreparably damaging, and in the process destroy one of the great engines of economic growth. Iran’s … Read more

Trump’s address, SpaceX IPO, Sam’s Team membership prices and more on Morning Squawk

Trump's address, SpaceX IPO, Sam's Team membership prices and more on Morning Squawk

This is CNBC’s Morning Squawk newsletter. Register here to receive future publications in your inbox. Happy Thursday. It is the anniversary of the first year of President Donald Trump’s tariff unveiling, which the president called “freedom day.” Stock futures are down this morning. The three major indexes will come up on another competitive day. Here … Read more

Ford’s Jim Farley has long warned that America is losing its ‘vital economy’ as AI eats up jobs. Goldman Sachs has receipts | Good luck

Ford's Jim Farley has long warned that America is losing its 'vital economy' as AI eats up jobs. Goldman Sachs has receipts | Good luck

America’s AI vision may be undone not by a lack of money or computing power, but by a shortage of electricians. It is an agreement between two different titans of the Fortune 500: Ford CEO Jim Farley, who has spent years lamenting the crisis in what he calls the “essential economy,” and Goldman Sachs, which … Read more