Yellen announces new housing fund amid sticky shelter inflation

Yellen announces new housing fund amid sticky shelter inflation

A maintenance worker sweeps the street in front of a row of new homes in Fairfax, Virginia, on August 22, 2023.  Andrew Caballero-Reynolds | AFP | Getty Images Treasury Secretary Janet Yellen on Monday unveiled a new slate of financing initiatives to support housing development, including a $100 million fund specifically for affordable housing. The … Read more

Dow posts best week since May, Tesla cuts 14% of workforce

Dow posts best week since May, Tesla cuts 14% of workforce

Traders work on the floor during morning trading at the New York Stock Exchange (NYSE) on March 6, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Yellen sanctions La Nueva Familia Michoacana cartel, issues new bank guidance

Yellen sanctions La Nueva Familia Michoacana cartel, issues new bank guidance

(NewsNation) — U.S. Treasury Secretary Janet Yellen announced Thursday new sanctions against members of a Mexican drug cartel accused of trafficking fentanyl, cocaine, meth and migrants through the U.S.-Mexico border. Included in the sanctions are eight members of the La Nueva Familia Michoacana drug cartel, a notoriously violent group that wars for territorial control with a … Read more

S&P 500 briefly crosses 5,500, closes lower

S&P 500 briefly crosses 5,500, closes lower

Traders work on the floor of the New York Stock Exchange during afternoon trading on Jan. 22, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they … Read more

S&P 500 crosses 5,500 level before erasing gains

S&P 500 crosses 5,500 level before erasing gains

Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 29, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

CNBC Daily Open: Russia-North Korea defense pact

CNBC Daily Open: Russia-North Korea defense pact

Traders work on the floor of the New York Stock Exchange (NYSE) on Oct. 30, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more

Nvidia unseats Microsoft as world’s most valuable company

CNBC Daily Open: Russia-North Korea defense pact

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec. 13, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

CNBC Daily Open: Boeing’s reckoning

CNBC Daily Open: Boeing’s reckoning

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb.12, 2024. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more

CNBC Daily Open: Boeing’s ‘moment of reckoning’

CNBC Daily Open: Boeing’s reckoning

Traders work on the floor of the New York Stock Exchange during afternoon trading on March 27, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

Yellen blasts Trump tariff proposal

Yellen blasts Trump tariff proposal

Treasury Secretary Janet Yellen criticized former President Trump after he suggested replacing some of the United States’s income taxes with higher tariffs on imports to make up for lost revenue. The former president outlined his idea during a meeting with Republican lawmakers on Capitol Hill last week. Yellen joined ABC’s “This Week” on Sunday, where … Read more