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Transportation Sec. Duffy says air travel will return to normal by Wednesday
CNBC Television· 2026-01-26 15:45
I think uh for the FAA we're looking at Wednesday is our hope to get back to a normal schedule. Again, still significant disruptions today. Um and so our hope is on Wednesday and then you have to navigate those, you know, those who had their flights canceled, they can get a a full refund or they can get a credit if they want uh and they won't travel, but some still have to travel and they were canceled.And so we're going to have uh more capacity as we come back to uh to a to a full running schedule. Uh so y ...
Trump admin and Minneapolis officials engage in heated debate over Alex Pretti killing
CNBC Television· 2026-01-26 14:45
this horrific video uh of the shooting uh that we saw in Minneapolis over the weekend. I want to give you this warning though. This video is extremely difficult to watch.You guys have been discussing it. It shows the killing of a man as he struggled with federal ICE officers on the street. Uh and what you see here as the video begins is it protesters are blowing whistles and attempting to observe or disrupt the ICE officers. Then you see the scuffle break out and officers are wrestling a man to the ground.A ...
LIVE: Baseten's Tuhin Srivastava on China AI Coding breaking into the U.S. — 1/26/2026
CNBC Television· 2026-01-26 14:42
Zhipu AI just went public and its new coding tool is so popular they’re already limiting access. The most surprising part? The demand isn't just coming from China… its coming from American developers. On today’s livestream: The test: we build a China-market tracker using GLM 4.7 The shift: why US builders are quietly moving to Chinese open source models The expert: Baseten’s Tuhin Srivastava joins us to discuss the infrastructure shift and whether American moats are evaporating For access to live and exclus ...
USA Rare Earths gets $1.6B in funding, also announces $1.5B in private investments
CNBC Television· 2026-01-26 14:41
USA Rare Earths announcing a collaboration with the US government and $1.5% billion in private funding. The government's going to provide the company with $1.3% billion in terms of a loan and proposed $277 million in federal funding for a total of $1.6% billion in US government funding. In exchange, company's going to be issuing to the Department of Commerce 16.1% million shares of common stock and about 17.6% million warrants.USA Rareears says the capital will help it accelerate mining and processing of ra ...
Ryanair Group CFO Neil Sorahan on Q3 results, feud with Elon Musk and growth outlook
CNBC Television· 2026-01-26 14:41
Europe's largest airline group, Ryionaire, out with third quarter results this morning. Earnings missed expectations despite better than expected revenue. And joining us right now to talk about it is Ryionaire Group CFO Neil Sorah.The Irish Budget Airline Group is Good morning. It's great to see you, Neil. It's uh Boeing's biggest customer outside of the United States.And Neil, let's talk a little bit about this. Um I I think part of this came because of a fine from Italy's comp competitive um arm or anti-c ...
Expect a wait-and-see meeting from the Fed this week, says Roger Ferguson
CNBC Television· 2026-01-26 14:40
Markets are going to be focusing on the Fed's two-day policy meeting this week. For insights on what to expect, want to bring in Roger Ferguson, former Fed vice chairman and a CNBC contributor. Before we even go there, uh my friend, uh help us understand what you think is going on.We keep looking at these markets. You heard Steve talking about is it one of the Kevin now, now we're talking about Kevin Worsh, uh Rick Reer. Where do you land.And and how important is it or not at this point. Well, obviously, yo ...
Perkins: About 10% of U.S. gas production has been frozen off by the cold
CNBC Television· 2026-01-26 14:28
All right, let's start with this move that we've seen in that gas. When we talk about the widowmaker trade, especially when you start to come into March, um how does this compare to some of the volatility we've seen in the past. >> Um it's been quite volatile.We haven't seen this since the last like polar vortex in 2018. Um the duration of the cold and the intensity of cold pushing south has frozen off about 10% of the gas and we're at record demand. You got to realize that over the past 10 years, we haven' ...
Senate Democrats oppose Homeland Security funds after second fatal shooting in Minneapolis
CNBC Television· 2026-01-26 14:12
to chances of a shutdown. They've spiked after this weekend. Senate Democrats are now opposing funding for the Department of Homeland Security, saying that they need to address the federal agent who shot and killed a man this weekend and policies and procedures around that.Senate Democratic leader Chuck Schumer said in a statement that what's happening in Minnesota is appalling and unacceptable in any American city. Democrats sought common sense reforms in the Department of Homeland Security spending bill, ...
Sen. Kirsten Gillibrand weighs in on Senate Agriculture Committee's crypto market structure bill
CNBC Television· 2026-01-26 14:09
Senator Kirsten Gillibrand, thank you very much for joining us. >> Oh, my pleasure. >> Republican Senator John Boseman, who chairs the Senate Agriculture Committee, unveiled updated legislative text on crypto market structure last night.Now, the text builds on a previously released bipartisan discussion draft that would give the CFTC new authority to regulate digital assets. Now, in a statement, Senator Boseman acknowledged that differences remain on fundamental policy issues. You're not a member of this co ...
Tax tip: 2025 standard deduction
CNBC Television· 2026-01-26 11:11
A key tax break for 2025 is the boost in the standard deduction. It's $15,750 for single filers, $31,500 for married couples filing jointly, and 23,625 if you file as head of household. For CNBC, I'm Sharon Eper. ...