CNBC Daily Open: Markets rally as Trump hints Iran war could end soon

CNBC Daily Open: Markets rally as Trump hints Iran war could end soon

US President Donald Trump visits to sign an executive order in the Oval Office of the White House in Washington, DC, March 31, 2026. Evan Vucci | Reuters Hi, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Global markets weighed down by the US-Iran conflict continued … Read more

Hiring in the US is in an epidemic decline as the job market continues to shrink

Hiring in the US is in an epidemic decline as the job market continues to shrink

Job openings in the United States have fallen to a six-year low, as demand for restaurant workers remains amid concerns about trade, immigration and the growing role of artificial intelligence (AI). Tuesday’s Job and Employment Survey (JOLTS), a monthly report issued by the United States Department of Labor, showed that job openings fell by 358,000 … Read more

Hiring recently hit unprecedented levels as economy ‘virtually shut down’ during COVID, top economist says | Good luck

Hiring recently hit unprecedented levels as economy 'virtually shut down' during COVID, top economist says | Good luck

The Bureau of Labor Statistics reported Tuesday that the hiring rate fell to 3.1% in February, with just 4.8 million new hires, the lowest since April 2020. Job openings fell to 6.9 million, down 358,000 from January. The unemployment rate was lower at 1.9%, while the unemployment rate remained at 1.1%, and the number of … Read more

Markets are nervous, but Main Street isn’t: Wells Fargo’s CEO is flagging the economy

Charlie Scharf and Wells Fargo bank

Wells Fargo Chairman and CEO Charlie Scharf discusses the resilient US economy amid geopolitical risks and market uncertainty on ‘Mornings with Maria.’ Despite a 50% increase in oil prices and the growing conflict involving Iran, Wells Fargo CEO Charlie Scharf reports a disconnect between market volatility and the health of the global economy. “So, separate … Read more

Here’s what could make Iran’s oil war an “economic disaster” – The Nation | Globalnews.ca

Here's what could make Iran's oil war an "economic disaster" - The Nation | Globalnews.ca

Americans woke up to higher gas prices on Tuesday, and some experts warned that the global oil crisis could worsen as Yemen’s Houthi rebels join the war against Iran. On Tuesday morning, the average price of gas in the US was US $ 4.018 per gallon, according to AAA, which tracks gas prices nationwide. According … Read more

While low-income consumers struggle with rising gas prices, high-income earners panic when markets drop

While low-income consumers struggle with rising gas prices, high-income earners panic when markets drop

High oil prices due to the US-Iran war are straining already strapped low-income consumers. But as rates fall, there is a sign that high earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card usage revealed that from the start of the war through March 21, … Read more

Wall Street’s tough month, Powell’s inflation outlook, GLP-1 investment and more on Morning Squawk.

Wall Street's tough month, Powell's inflation outlook, GLP-1 investment and more on Morning Squawk.

This is CNBC’s Morning Squawk newsletter. Register here to receive future publications in your inbox. Happy Tuesday. In a partnership you may not have seen coming, Warren Buffett is teaming up with the NBA’s Stephen Curry to launch his own charity lunch. Stock futures are rising this morning. The S&P 500 finished yesterday’s meeting in … Read more

Analysis: The market sends a worrying signal about the economy | CNN Business

Drivers wait to load vehicles at a Costco gas station in Richmond, California.

Good news: Oil traders are betting the Iran war will end soon. The bad news: They also bet the economic damage from the war could last for years. Crude has soared above $110 a barrel, making $4-a-gallon gas and $5.40 diesel a painful reality in the United States. But when we say “crude is trading … Read more

Air fares, airport chaos are testing travelers’ willingness to fly this year

Trump sends ICE agents to airports as DHS shuts down

Travelers line up at the Transportation Security Administration (TSA) checkpoint at George Bush Intercontinental Airport (IAH) in Houston, Texas, US, on Thursday, March 26, 2026. Mark Felix | Bloomberg | Getty Images TOKYO/NEW YORK – Genevieve Price considers himself a major airline criminal. The 35-year-old naturopathic doctor who lives in San Diego often buys basic … Read more