The trade shortfall was just $29.4 billion for October, down 39% from the prior month.
Treasury Secretary Bessent says more Fed rate cuts are ‘only ingredient missing’ for stronger economy
Bessent on Thursday pressed the administration’s desire for lower interest rates, saying they are the key to future economic growth.
Layoff pace in December hit lowest level since mid-2024, Challenger says
Planned job cuts totaled 35,553 for the month, a 50% slide from November and an 8% decrease from the same period a year ago.
Stocks making the biggest moves premarket: Lockheed Martin, Northrop Grumman, Gap, Alcoa & more
These are the stocks posting the largest moves in the premarket.
JPMorgan Chase reaches deal to become Apple credit card issuer, source says
JPMorgan Chase has reached a deal to take over the Apple credit card from Goldman Sachs, according to a source.
JPMorgan’s asset management will no longer use controversial proxy advisors for shareholder votes
JPMorgan said it is instead using artificial intelligence to aggregate and analyze proxy data.
Inside California’s billionaire tax: Here’s what to know
CNBC’s Robert Frank joins ‘Squawk Box’ to discuss the details of California’s proposed billionaire tax.
Ryan Cohen could be in for a big payday, but he has to grow meme darling GameStop to $100 billion
The board of GameStop granted Cohen performance-based stock options tied to a $100 billion market-capitalization target.
Private payrolls rose 41,000 in December, slightly below expectations, ADP says
Private sector job creation turned positive in December though at a bit softer pace than expected.
Stocks making the biggest moves premarket: Mobileye, GameStop, Chevron & more
These are the stocks posting the largest moves in premarket trading.