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President Donald Trump stands on stage at the Treasury Department’s Trump Account Summit in Washington, Jan. 28, 2026.Kevin Lamarque | ReutersThe US Treasury announced this on Monday. new york mellon bank will be the designated financial agent for the Trump account.BNY will officially manage the initial account and work with the following partners: robin hood According to an announcement on CNBC’s “Squawk on the Street,” Trump plans to develop a yet-to-be-released Trump Account app. Tax-deferred investment accounts for children that open on July 4 will receive a one-time $1,000 deposit from the Treasury Department for children born between 2025 and…

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This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.good morning. Congratulations to the Michigan Wolverines on winning the March Madness slot.Stock futures are down this morning as all three major stock averages ended Monday’s trading higher.Here are five important things investors need to know to start their trading day.1. Strictly meet deadlinesU.S. President Donald Trump speaks about the Iran conflict in the James S. Brady Press Conference Room at the White House on April 6, 2026, in Washington, DC.Saul Loeb | AFP | Getty ImagesWith less than 12 hours left until President Donald Trump’s…

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The ongoing conflict in Iran has far-reaching implications for the global economy, from food to fertilizer. Many of these impacts are having ripple effects on nearly every aspect of daily life, including rising oil prices, export bottlenecks and delays due to the impending closure of the Strait of Hormuz, and widespread security concerns across the Middle East. CNN is tracking some of these influences and how they compound on each other. Learn how the Iran war affected countries around the world. The impending closure of the Strait has caused oil and gasoline prices to soar. This has led to a…

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Charlie’s Angels fans certainly had a good morning. After all, Kate Jackson, Jaclyn Smith, and Cheryl Ladd, who starred in the original series in the 1970s, reunited in style for the show’s 50th anniversary in Los Angeles, California. At the celebration during PaleyFest LA on April 6, Kate, 77, wore a black pantsuit with a white T-shirt underneath. Keeping her look casual, the Dark Shadows actress paired her ensemble with black sneakers. Meanwhile, Jaclyn opted for a satin pink power suit, which she paired with peep-toe heels. Taking a cue from her iconic ’70s hairstyle, the 80-year-old wore her hair…

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Agyeman was diagnosed with an Achilles tendon injury after being carried away on a stretcher during the derby match.by Reuters and Associated PressPublished April 7, 2026April 7, 2026United States striker Patrick Agyemang has injured his Achilles tendon and will miss the upcoming FIFA World Cup, England’s Derby County announced.”The club will provide Patrick with the highest level of medical care and rehabilitation throughout his recovery,” the club said in a statement on Tuesday.Recommended stories list of 4 itemsend of listAgyemang’s hopes for the World Cup in his home country were in jeopardy after he was carried away on a stretcher…

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President Donald Trump on Monday said the latest US offer for a ceasefire with Iran is “not good enough” ahead of a looming deadline for Iran to reopen the Strait of Hormuz or face a major attack on civilian infrastructure.”They made a proposal, and this is an important proposal. It’s an important step,” Trump told reporters during the traditional Easter egg roll on the South Lawn of the White House.”It’s not enough, but it’s a very important step,” he said, adding: “They’re negotiating now and they’ve taken a very important step. Let’s see what happens.”Later, at a White House press…

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AI

For decades, buying stock in hot startups meant being able to invest in funds run by top VCs. But as the AI ​​boom sparks an investment frenzy, more family offices and private assets are bypassing VC intermediaries and entering directly into the cap table. Mitch Stein, founder of high-net-worth investment advisory firm Arena Private Wealth, told TechCrunch on a recent episode of Equity: “Companies are going private for a long time, and the number of IPOs is historically low.” “A lot of money is being made long before companies go public, and the private market is now dominated by many…

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The United States attacked military targets on Kharg Island overnight, according to U.S. and White House officials. U.S. officials said the attack did not target oil facilities. The US had previously attacked Kharg Island in March. U.S. Central Command said at the time that 90 targets were hit, including “naval mine storage facilities, missile storage facilities, and multiple other military facilities.” Khalg Island, an exposed coral island off Iran’s coast, is an economic lifeline for Tehran, which processes about 90% of the country’s oil exports. Here’s what we know about this island. What is Kharg Island? Kharg Island stretches eight…

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Lin Yuting won a medal in her first competition since gender eligibility issues overshadowed her Olympic victory.Published April 7, 2026April 7, 2026Taiwan’s Lin Yuting won a bronze medal at the Asian Boxing Elite Championship in her first tournament since gender eligibility issues overshadowed her performance for Olympic gold at the 2024 Paris Games.The 30-year-old athlete, who moved up to the 60kg weight class after winning Olympic gold in the 57kg weight class, lost to North Korea’s Won Eun-kyung in the semi-finals on Monday, finishing with a bronze medal.Recommended stories list of 4 itemsend of list”After all, this is the first…

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Here are some companies that are seeing big moves in intraday trading. AppLovin — The mobile app marketing service saw its stock rise 5% on bullish Wall Street coverage. BTIG raised AppLovin’s Q1 forecast to above consensus, citing “healthier performance among non-gaming marketers.” The company now expects first-quarter revenue of $1.82 billion, compared to previous expectations of $1.773 billion and AppLovin’s guidance of $1.745 billion to $1.775 billion. Wedbush also reiterated AppLovin’s Outperform rating and emphasized that the company’s generative artificial intelligence advertising suite will be a catalyst going forward. Invesco — The asset manager fell nearly 5% after BlackRock…

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