NEW YORK (AP) — Sales at U.S. retailers and restaurants were unchanged in October from September as consumers moderated their spending amid worries about higher prices and other economic uncertainties after splurging over the summer. But a big factor dragging down the figure was a 1.6% drop in sales at motor vehicles and auto parts dealerships, hurt by the expiration of federal government subsidies that sliced demand for battery-powered electric cars. Excluding that category, retail sales rose 0.4%, the C ...

Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City.Spencer Platt | Getty ImagesThis 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. Cold front2. The KevinsKevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the U.S. Federal Reserve.ReutersFormer Federal Reserve Governor Kevin Warsh has made his way to t ...

Just a few more government shutdowns then up only*Walter Bloomberg (@DeItaone):GUESS WHO’S BACK?Kalshi now assigns a 43% probability of a U.S. government shutdown on January 31, 2026, the highest level since the 2025 crisis.Goldman Sachs estimates a 40–50% risk, while JPMorgan puts the odds at 20–40% for a lapse in early 2026. Both firms say a short https://t.co/4AkcBdQhG8 ...

Brandon Bell / Getty Images Kroger says middle-income households are cutting back. Key Takeaways Middle-income shoppers are exhibiting some of the signs of stress that low-income households have for some time, according to the supermarket giant Kroger. Consumers are stretching their budgets by making smaller, more frequent purchases and buying fewer discretionary items, the company said. A trip to the store isn’t as fruitful as it used to be. Many consumers aren’t able to buy as many items on groce ...

'Business conditions remain soft as a result of higher costs from tariffs, the government shutdown, and increased global uncertainty' ...

US consumers showed signs of fatigue leading up to the longest government shutdown, and their outlook has worsened ever since, sending a note of caution heading into the holiday-shopping season https://t.co/0j1FfhmCKG ...

'We're just going to go through this again': Americans fear second government shutdown https://t.co/r5naoTeRbj ...

We're joined by Mike Wilson, chief U.S. equity strategist at Morgan Stanley. Really great to have you with us on this first day after the government shut down. Mike, now that it's over, now what.Good morning. Good morning, Nathan. Yeah.Well, I think most people probably won't feel the effects. I'm sure the government employees are happy to get back to work. And look, I think from our standpoint, from a market standpoint, I mean, this is the longer that this kind of, you know, lagged into the holidays, it de ...

Welcome back. Let's take a look at the shutdown's impact on small business. The Small Business Administration saying it was prevented from delivering more than $5 billion in loans to about 10,000 small businesses over the record-long shutdown.Joining us now, administrator of the Small Business Administration, Kelly Leler. It's great to have you on. So, what happens to these delayed loans.Do they get paid out now. Well, look, Sarah, we're extremely thrilled to be reopening today at the SBA, but make no mista ...

From @WSJopinion: Ordinary Democrats didn’t demand a shutdown. Left-wing nonprofits did. It was all for show, literally, writes Barton Swaim. https://t.co/nVz5VTWMXm ...