In an attempt to make home buying more affordable, President Trump floated the idea of a 50-year mortgage in social media post. In response, FHFA Director Bill Py, who oversees Fanny May and Freddy Mack, posted that they are quote working on it and that it would be quote a complete gamecher. Now, the purpose of a longerterm mortgage would be to lower the monthly payment for homeowners.The longer the term of the loan, the smaller the principal needed each month to pay it off in full. Now, using the latest la ...

Yoni Assia, eToro CEO, joins CNBC's 'Money Movers' to discuss the company's most recent quarter. ...

Welcome back. Shares of Restaurant Brands International higher this morning. The company announcing a new joint venture with a Chinese alternative asset manager to reignite Burger King's growth in China.The goal is to grow Burger King China to over 4,000 restaurants by 2035. Joining us here first on CNBC is Restaurant Brands International Executive Chair Patrick Doyle. It's good to have you back.Welcome, Patrick. Nice to see you. So, what what is what is the ambition here for the China market.Well, I look, ...

Government Shutdown Impact on Air Travel - Government shutdown is causing significant flight cancellations and delays [2][5] - Flight cancellations are increasing, reaching 4% today, projected to rise to 6% tomorrow, 8% on Thursday, and 10% on Friday in the top 40 airports [3] - Potential for Thanksgiving travel to be severely impacted if the shutdown continues [4] - Over 3,000 delays today due to lack of slack in the system and bad weather, compounded by low air traffic controller staffing [5] Air Traffic Controller Concerns - Air traffic controllers have gone without pay for 38 days, raising concerns about their ability to make ends meet [8][9] - The possibility of future government shutdowns is weighing on the minds of air traffic controllers [8] - The president is considering a $10,000 bonus for air traffic controllers who work [10] Airline Industry Response - Airlines are waiting for official confirmation of the government shutdown ending to restore schedules [2][6] - Airline stocks initially showed some relief but later trended slightly lower [4] - It will take time for airlines to restore schedules to pre-shutdown levels once air traffic controller staffing is certain [6]

All right, this social media post from the president just a short time ago venting some frustration about air traffic controllers. Here's what the president is saying. He says air traffic controllers must get back to work now.Anyone who doesn't will be substantially docked for those air traffic controllers who were great patriots and didn't take any time off for the Democrat shutdown hoax. I will be recommending a bonus of $10,000 per person for distinguished service to our country. For those that did nothi ...

Federal Reserve Governor Stephan Miran joins 'Squawk on the Street' to discuss whether the government shutdown impacts macro outlooks, how he's thinking about the economy, and much more. ...

The president posting about the troubles at America's airports from the shutdown. Let's get to Aean Jaffers with some details this morning. Hey, Aean.>> Yeah, Carl. That's right. This social media post from the president just a short time ago venting some frustration about air traffic controllers.Here's what the president is saying. He says air traffic controllers must get back to work now. Anyone who doesn't will be substantially docked for those air traffic controllers who were great patriots and didn't t ...

Let's begin in Washington and the progress over the weekend to reopen the government after this historic shutdown. Our Emily Wilkins joins us once again from Capitol Hill. Good morning, Emily. >> Good morning, Carl.Yes, last night, eight Senate Democrats voted with nearly all Republicans to advance a bill to reopen the government. And while the Senate still does need to take a few more votes, we are waiting to hear what kind of timing agreement they get for when that will be. Plus, the House needs to vote.W ...

Welcome back. So, could a 50-year mortgage option be on the horizon. The Trump administration raising the prospect of such a loan over the weekend.Our Diana Olle joins us now with the story, Diana. So, how would this work. Well, so Sarah, in an attempt to make home buying more affordable, President Trump floated the idea of a 50-year mortgage in social media post.In response, FHFA Director Bill Py, who oversees Fanny May and Freddy Mack, posted that they are quote working on it and that it would be quote a ...

Despite some growing consumer concerns, some signs of strength in CNBC's latest retail monitor report. For that, we'll turn to Steve Leeman this morning. Hi, Steve.Hey, Car. Yeah, consumer spending bounced back in October after a pretty sharp fall in September with gains in the CNBC NRF retail monitor across most sectors, adding up to a strong start for retail in the fourth quarter. That could be good for the holiday season.The retail monitor, we get actual credit card spending data from Affinity Solutions. ...