American Airlines Grounded, Big Banks Sue the Fed, Steel Deal in Biden's Hands 12/24/24

Sara Eisen and Scott Wapner led off the show with a Christmas Eve travel nightmare for American Airlines and holiday travelers. The carrier halted its flights for more than an hour due to a technical outage before resuming them. Sara broke news about big banks suing the Federal Reserve over stress tests. Also in focus: A deadlocked government panel leaves the fate of the Nippon Steel-U.S. Steel deal in President Biden's hands, Apple's march toward a $4 trillion valuation, the Santa Claus rally, Netflix's NFL Christmas. Squawk on the Street Disclaimer

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CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.