John Legere, chief executive officer and president of T-Mobile US Inc., left, listens as Marcelo Claure, chief executive officer of Sprint Corp., speaks during an interview on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, April 30, 2018. T-Mobile is considering a cut to its multibillion merger with Sprint, people familiar with the matter tells CNBC’s David Faber. Shares of T-Mobile and Sprint hit new all-time highs following the summertime annoucement, with Sprint

T-Mobile eyes price cut on Sprint deal, sources sayCNBC’s David Faber reports on the latest details out of the trial led by the state Attorneys General of California and New York challenging the deal between T-Mobile and Sprint on the grounds that it would be anti-competitive for consumers.

Watch CNBC’s full interview with Larry Kudlow after a robust November jobs reportWhite House economic advisor Larry Kudlow joins “Squawk on the Street” for the first White House reaction to the November jobs report.

U.S. President Donald Trump poses for a photo with China’s President Xi Jinping before their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. In this multifront, multiyear trade war, with shifting deadlines and political headwinds, it has paid for investors to beware the ides of March. “If enough substantive progress had been made, he might” be willing to delay, Commerce Secretary Wilbur Ross told CNBC this week. Republicans and Democrats alike would worry the Whit

Russian Energy Minister Alexander Novak said Moscow’s quota would be 300,000 b/d during the first three months of 2020. He also said that the kingdom would continue to exceed its quota by 400,000 barrels a day, which means the overall production cut will actually be closer to 2.1 million barrels a day. Oil moved higher on Friday as OPEC and its allies agreed to deepen oil production cuts to 500,000 barrels a day through to March 2020. This brings the total production cut to 1.7 million barrels a

Larry Kudlow, White House National Economic Council director, said the U.S. and China are “close” to a trade deal but that the administration was prepared to walk away if it did not get the terms they wanted. We will walk away,” Kudlow said on CNBC’s “Squawk on the Street” on Friday. “The president has said that if we can not get the enforcement and the assurances, then we will not go forward.” The two countries are in talks to finalize a so-called phase one trade deal as 15% tariffs on $165 bil

The future of OPEC looks increasingly uncertain, energy analysts told CNBC Friday, citing a deepening rift among the 14-member group. OPEC and non-OPEC partners, sometimes referred to as OPEC+, have gathered in Vienna, Austria to decide the next phase of their oil production policy. But it was initially unclear whether OPEC members had secured a deal, following an acrimonious meeting that ran late into the evening. Herman Wang, OPEC and Middle East specialist at S&P Global Platts, said Thursday’

The November 2019 employment report showed U.S. companies added way more jobs than expected during the month as mammoth gains in health care and social services — as well as a bounce in manufacturing hiring — ushered labor statistics higher. The government reported Friday that payrolls increased by 266,000, easily besting the 187,000 estimate economists polled by Dow Jones had forecast. CNBC studied the net changes by industry for November jobs based on data from the Labor Department contained i

CNBC’s Jim Cramer said Friday no matter your view on President Donald Trump there’s no denying we’re living in the best labor market in more than a generation. “You can’t contradict that these are the best numbers of our lives. You can’t,” Cramer, 64, said following the government report showing the U.S. economy created a better-than-expected 266,000 nonfarm jobs in November, with the unemployment rate dipping to 3.5%, matching a 50-year low. Referring to Trump, Cramer said Friday on “Squawk Box

The jobs growth was the best since January’s 312,000 and well clear of the November 2018 total of 196,000. The jobs market turned in a stellar performance in November, with nonfarm payrolls surging by 266,000 and the unemployment rate falling to 3.5%, according to Labor Department numbers released Friday. “The unemployment rate is at a 50-year low and wages are increasing. The unemployment rate of 3.5%, down from 3.6% in October, is back to the 2019 low and matches the lowest jobless rate since

UK Green Party would never go into coalition with Lib Dems, deputy leader saysAmelia Womack, deputy leader of the U.K.’s Green Party, discusses Britain’s upcoming election and her party’s manifesto.

France rejects a U.S. proposal this week that would let companies opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith. U.S. Treasury Secretary Steven Mnuchin raised serious questions about OECD international tax reform proposals in a letter made public on Wednesday, jarring international officials by floating the idea of a “safe harbor regime”. Le Maire said that would mean U.S. companies could opt in or out

Germany’s industrial output unexpectedly dropped in October, reviving worries about its economic growth outlook as its manufacturing backbone is hurt by global trade conflicts and disruption in the auto sector. Industrial output dropped 1.7% on the month against expectations for a 0.1% rise, Statistics Office figures showed on Friday. Production of capital goods slumped by 4.4% on the month, the steepest decline in more than five years. “Now the trepidation starts again about GDP growth in the f

Oil prices fell on Friday, but were set for weekly gains ahead of the OPEC+ meeting which kicked off Friday in Vienna. OPEC’s current agreement is a supply cut of 1.2 million bpd and the increased amount represents about 1.7% of global oil output. Any price gains from the OPEC+ output cut are likely to benefit American producers not party to any supply curbing agreement. “North American shale supply will continue growing even in an environment with lower oil prices,” Rystad Energy said in a note

PARIS, FRANCE – DECEMBER 05 : Protesters march during a protest against President Emmanuel Macron’s controversial pension plans and in support of the national strike in Paris, France on December 5, 2019. France faces a second day of nationwide protest, severe transport disruption and school closures as public sector workers vent their anger at plans to reform the country’s pension system. France’s national rail company, SNCF, is expecting a “very disturbed” day across its network and the Parisia

Wall Street set for a higher open1 Hour AgoU.S. stock index futures were higher on Friday ahead of the November jobs report and on news that China offered to waive tariffs on some U.S. soybeans and pork. CNBC’s Frank Holland reports.

A certified fraud examiner lays out three big investing red flags1 Hour AgoDavid Byrne, founder of BrightLights and a certified fraud examiner, joins “Squawk Box” to discuss the red flags he encourages people to look out for when investing.

Elon Musk attends the groundbreaking ceremony of the Tesla Gigafactory in Shanghai, east China, on January 7, 2019. China’s industry ministry has put Tesla Model 3 cars that are built inside the country on a list of vehicles recommended for government subsidies, according to a Reuters report on Friday. Two types of the Model 3 were on the recommendation list for new energy vehicle subsidies, it said. Worldwide electric car sales hit 1.98 million in 2018, according to the International Energy Age

The stock also got a kick on Thursday after Goldman Sachs added it to its Conviction Buy list on confidence that strong China sales can juice earnings. You’ve got a strong growth outlook coming with China,” Bill Baruch said on CNBC’s “Trading Nation” on Thursday. So I want to see it stay above this 50-day moving average, stay above this breakout area above $92,” said Baruch. “As long as it stays above $92 it’s a buy.” “With the stock trading at 30 times earnings and 26 times operating profit, it

In a positive gesture, China said on Friday that it will waive import tariffs for some soybeans and pork shipments from the United States, as the two sides try to thrash out a broader agreement to defuse their protracted trade war. The tariff waivers were based on applications by individual firms for U.S. soybeans and pork imports, the finance ministry said in a statement, citing a decision by the country’s cabinet. That includes tariffs of 25% on both U.S. soybeans and pork in July 2018 and a f