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Shutdown layoffs, United earnings, Apple’s new products and more in Morning Squawk

Shutdown layoffs, United earnings, Apple’s new products and more in Morning Squawk

Treasury Secretary Scott Bessent speaking at the CNBC Invest In America Forum in Washington, D.C. on Oct. 15, 2025. Aaron Clamage | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Tariff troubles As the […]

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Few heirs keep their parents’ wealth advisors — most wealthy benefactors don’t mind

Few heirs keep their parents’ wealth advisors — most wealthy benefactors don’t mind

Drazen_ | E+ | Getty Images 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 your inbox. Over the next 25 years, more than $120 trillion in wealth will be passed down to inheritors,

Few heirs keep their parents’ wealth advisors — most wealthy benefactors don’t mind Read More »

PayPal’s crypto partner mints a whopping 0 trillion stablecoins in ‘technical error’

PayPal’s crypto partner mints a whopping $300 trillion stablecoins in ‘technical error’

A Paypal logo is seen displayed on a smartphone next to cryptocurrency coins. Sopa Images | Lightrocket | Getty Images Paxos, the blockchain partner of PayPal, mistakenly minted $300 trillion of the online payment giant’s stablecoin on Wednesday in what the company called a “technical error.”  Market watchers had spotted the enormous injection of the

PayPal’s crypto partner mints a whopping $300 trillion stablecoins in ‘technical error’ Read More »

Thirsty AI mega projects raise alarm in some of Europe’s driest regions

Thirsty AI mega projects raise alarm in some of Europe’s driest regions

Liquid cooled servers in an installation at the Global Switch Docklands data centre campus in London, UK, on Monday, June 16, 2025. Bloomberg | Bloomberg | Getty Images Europe’s ambitious artificial intelligence strategy is at risk of colliding with an often overlooked but critically important environmental issue: water scarcity. The European Union has big plans

Thirsty AI mega projects raise alarm in some of Europe’s driest regions Read More »

Arm CEO says moving some AI workloads from the cloud will make it more sustainable

Arm CEO says moving some AI workloads from the cloud will make it more sustainable

Arm Holdings CEO Rene Haas told CNBC’s Jim Cramer on Wednesday that moving some AI functions away from the could help reduce energy usage. Over time, he suggested, a large number of multi-gigawatt data centers won’t be sustainable. “You look to yourself, well, what are the kind of things that need to happen? I think

Arm CEO says moving some AI workloads from the cloud will make it more sustainable Read More »

United Airlines’ summer earnings and profit outlook top estimates, but revenue falls short

United Airlines’ summer earnings and profit outlook top estimates, but revenue falls short

A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024. Kevin Carter | Getty Images United Airlines on Wednesday forecast higher-than-expected earnings for the fourth quarter after a rocky start to 2025. The carrier expects to Earn between $3 and $3.50 a share

United Airlines’ summer earnings and profit outlook top estimates, but revenue falls short Read More »

Spanish-language audiences are growing even as TV viewership declines

Spanish-language audiences are growing even as TV viewership declines

Chris Ryan | Ojo Images | Getty Images The Spanish-language TV audience is growing, and advertisers are taking notice. Over the past few years, the Hispanic population in America has seen significant growth in TV viewership, according to experts, becoming one of the most valuable demographics for media companies and advertisers. And as these consumers

Spanish-language audiences are growing even as TV viewership declines Read More »

Trump’s new China threat, bank earnings, Boeing deliveries and more in Morning Squawk

Trump’s new China threat, bank earnings, Boeing deliveries and more in Morning Squawk

Travis Hutchison, a soybean farmer, unloads his cargo from his family’s truck at a local grain dealer in Queen Anne, Maryland, on Oct. 10, 2025. Roberto Schmidt | AFP | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to

Trump’s new China threat, bank earnings, Boeing deliveries and more in Morning Squawk Read More »

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