Markets now see the Fed’s next move as a potential rate hike as inflation fears mount
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
TSA funding update: House GOP spikes DHS funding proposal, extending shutdown that’s caused airport delays
President Donald Trump on Friday issued an executive order to pay Transportation Security Administration agents during the shutdown.
U.S. ambassador to EU: Stop fining Big Tech
Andrew Puzder sat down for an interview with CNBC’s Ian King.
Anthropic wins preliminary injunction in DOD fight as judge cites ‘First Amendment retaliation’
A federal judge in San Francisco granted Anthropic’s request for a preliminary injunction in its lawsuit against the Trump administration.
Elon Musk’s Boring Co. tunnels aren’t wanted by most Nashville residents
A new survey by Vanderbilt University found that most Nashville residents don’t want Boring Company tunnels in their city.
Sen. Warren rips Federal Reserve chair pick Kevin Warsh: ‘You have learned nothing from your failures’
Kevin Warsh’s nomination as chair of the Federal Reserve has been in limbo because of a criminal investigation of Chair Jerome Powell.
Federal Reserve urges judge to deny bid to revive Jerome Powell probe subpoenas
President Donald Trump, in his latest jibe at Federal Reserve Chair Jerome Powell, called him a “moron,’ and blasted him over keeping interest rates too high.
Fannie Mae accepts first crypto-backed mortgage product
Better Home and Finance is partnering with Coinbase on a crypto-backed mortgage that conforms to Fannie Mae guidelines.
Tom Brady says he’s asked NFL about potential comeback: ‘They don’t like that idea very much’
Tom Brady has asked the NFL about its policy of allowing minority owners to return as players, but he has no plans on returning the field, he told CNBC.
Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate
The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials estimated.
