The shutdown of Saudi Arabia's East-West pipeline stands to squeeze already-scarce crude supply for Asia's four biggest crude importers, with South Korea appearing the most directly exposed.
European stock markets have also bounced higher, while government borrowing costs retreated, as oil prices slid on reports that more supplies are passing through the Gulf than though.
President Donald Trump threatened to destroy Iran's economy or eliminate its leadership if Tehran doesn't strike a deal, raising the stakes as Iranian officials head to New York for this week's gathering of world leader…
The S&P 500 Index ($SPX) (SPY) closed up by +0.17% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.18%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.67%. December E-mini S&P futures (E…
Oil fell Monday, as traders keep watch for a recovery in shipments from Saudi Arabia even after attacks by Iran-backed Houthis on Saudi Arabia with missiles and drones on Saturday.
The current artificial intelligence buildout is the largest industrial buildout since the railroad boom in the 1800s. America’s leading big tech companies are spending hundreds of billions of dollars to capture their pi…
On Wall Street, the single, most reliable truth teller is the price and volume action in stocks. Though headlines can be misleading, economic indicators lag, and fundamentals aren’t always priced in right away, price an…
Lean hog futures are down 50 cents to $1. USDA’s national base hog price was $81.77 in the Friday AM report. The CME Lean Hog Index was down another 79 cents on September 14 at $85.02.
Live cattle futures are mixed, with nearbys up a tick to a nickel lower. Cash trade was reported at $350-355 dressed in the North with a few $224 live bids in the South. The Thursday Fed Cattle exchange online auction s…
President Donald Trump will meet with New York City Mayor Zohran Mamdani on Monday ahead of the upcoming U.N. General Assembly, the mayor's office confirmed to CNBC on Sunday.
When the first employee walks into a company's human resources department to complain about a robot co-worker or overzealous AI scheduling assistant, what exactly is HR supposed to do?
The U.S. State Department warned Americans to reconsider traveling to the Middle East, adding that the Iran war could quickly worsen, as Tehran maintained a defiant stance over the Strait of Hormuz.
Stocks are mixed midday as the U.S.-Iran peace rally cools. At last check, the Dow Jones Industrial Average (DJI) was up 345 points, jumping above 52,000 for the first time ever as it heads for its fourth-straight win. …
The S&P 500 Index ($SPX) (SPY) closed up by +0.17% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.18%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.67%. December E-mini S&P futures (E…
For American companies large and small, the combination of tariffs imposed under President Donald Trump's trade policies, surging fuel prices from the Iran war and, now, rising interest rates is forcing executives to ma…
SCOTTSDALE, Ariz. — For decades, William Augustus Franke, Frontier Airlines' chairman and a serial airline investor, made a killing selling cheap plane tickets and charging fees to check bags, to pick seats and for ever…
As measured by the iShares Latin America 40 ETF (ILF), the region is handily beating the S&P 500 year to date, up 15% compared to the S&P's 11% move. It's up more than 70% since late 2024.
With the debate about regulating artificial intelligence raging in Washington this week, President Donald Trump picked up the phone to call his top ally on the subject: Nvidia CEO Jensen Huang.
Warnings about powerful and uncontrolled AI have dominated the headlines this past week. But even amid the omens of apocalypse , it is still worth asking if the entire AI-industrial complex is sailing towards a financia…
At the height of the summer, the mood was optimistic in the world’s financial capitals. Powered by the AI revolution , the US stock market had rallied to a fresh all-time high , as investors bet the multitrillion-dollar…