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When Elizabeth Ruane and her family spent a semester in Lüneburg, Germany, her life revolved around Marktplatz, one of the main squares in the southern German town. “In Marktplatz, there was this massive community market and anything you could want was there. It was a place everyone went to. You’d say, ‘Let’s meet at the market.’ There were so many ‘coming together moments’ that you don’t see very often in the United States.” It’s a long way from “Insta-carting your groceries for the week,” added Ruane, a mother of two who lives in Olympia, Washington. Jessica Ketcham fell in love…

american airlinesGrant Baldwin | Getty Imagesamerican airlines The company announced this week that customers traveling on basic economy fares will no longer earn frequent flyer miles or points for elite status.”We regularly evaluate our fare products to remain competitive in the marketplace. Customers who purchase basic economy tickets after December 17, 2025 will not earn AAdvantage miles or loyalty points toward AAdvantage status,” the company said. “Basic Economy customers will continue to receive one free personal item, one free carry-on bag, complimentary snacks, soft drinks and in-flight entertainment.”A U.S. spokesperson told CNBC that Elite Loyalty members will continue to receive…

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five important things investors need to know to start their trading day.1.Witching TimeA trader works at his desk on the floor of the New York Stock Exchange (NYSE) after the opening bell rings on December 3, 2025 in New York. Timothy A. Clary | AFP | Getty ImagesWall Street could be in turmoil when options on four types of securities expire: index options, individual stock options, index futures options, and index futures options. There are only four “Quadruple Witching” days a year, and this…

This story is part of CNBC Make It’s Millennial Money series, which examines how people earn, spend and save money.In August 2022, Eileen Tyrrell was in a rented moving van on her way to New York City, where she was preparing to build a life. A recent college graduate who moved from the Chicago suburbs without a full-time job lined up, she relies on freelance writing and her $3,000 savings to survive.”I remember seeing the skyline in the distance, and all of a sudden I thought, this is real,” Tyrrell told CNBC Make It. “Now all my worldly possessions are…

lagos, nigeria — Lagos is busy at the best of times, but as the year draws to a close, the vast Nigerian city is changing. The annual Deti December festival brings one of the world’s biggest parties to nightclubs, bars and streets, with bright lights, loud music and soaring prices. But this year’s celebrations are soundtracked by a cacophonous backbeat as the country tenses as economic pressures, security concerns and, most troubling of all, the government, seek to take advantage of the cool weather. Deti December, which typically lasts from December 6 to 31 and sometimes spans January, is a…

African football’s best teams and brightest stars will take center stage in Morocco as the continent’s greatest show, the Africa Cup of Nations, kicks off on Sunday.Ivory Coast will aim to defend the title they won in 2023, while Morocco, Egypt and Senegal are also among the pre-tournament favorites.High-profile players such as Mohamed Salah, Achraf Hakimi and Victor Osimhen are expected to appear, and the 2025 edition is expected to feature top-level football and storylines that go beyond the pitch.Here’s what you need to know about the upcoming AFCON.What are the important dates? Where will the AFCON finals be held?The…

President Donald Trump addresses the nation from the Diplomatic Reception Room at the White House on December 17, 2025 in Washington.Doug Mills AFP | Getty ImagesRead more CNBC’s personal finance coverageTrump’s speech comes amid declining approval ratings for the president on inflation and the cost of living, according to the CNBC National Economic Survey of 1,000 U.S. adults conducted in early December.The poll found that about 66% of those surveyed in December disapproved of President Trump’s handling of inflation and the cost of living, compared to 62% in October.With many people feeling the pinch of high prices during the holiday…

The John F. Kennedy Memorial Performing Arts Center (commonly known as the Kennedy Center) will be renamed the Trump Kennedy Center, White House press secretary Caroline Leavitt announced Thursday.The prestigious Washington cultural center’s board of directors, appointed by President Donald Trump in February, “just voted unanimously” to change the name, Levitt told the X-Post.”We were able to do that because of the incredible efforts President Trump made last year to save the building,” Levitt said.”Congratulations to President Donald J. Trump, and likewise to President Kennedy. This team is going to be a truly great team for years to come! This…

Global data center transactions have soared this year, once again hitting an all-time high, driven by a rush to build out the infrastructure needed for energy-intensive AI workloads.The surge came even as investors became increasingly wary of soaring valuations in artificial intelligence and financing to support the rapid expansion of data centers. Global stocks were sold off in November due to deep-rooted concerns about AI-powered bubbles.But S&P Global reported that more than $61 billion has flowed into the data center market this year, up slightly from last year’s $60.8 billion amid a “global construction frenzy.”A surge in debt financing contributed…

EU leaders on Friday announced plans for billions of dollars in funding for Ukraine’s economy and military over the next two years. The plan is currently being financed through cash borrowings and does not tap into the billions of dollars of frozen Russian assets held in the region. The International Monetary Fund predicts that Ukraine will face a funding shortfall of $160 billion (137 billion euros) over the next two years, due in part to U.S. funding cuts. The EU wanted to pay two-thirds of that amount, about $105 billion (90 billion euros). EU leaders have been debating whether to…