Month: April 2026
These charts show how Iran’s economy is in freefall
An Iranian salesperson sits beside a portrait of Iran’s late Supreme Leader Ayatollah Ali Khamenei at his fruit shop in the Shahid Boroujerdi residential complex in southern Tehran, Iran, on April 14, 2026. Morteza Nikoubazl | Nurphoto | Getty Images The war in the Middle East is plunging Iran’s already fragile economy into freefall. Tehran’s […]
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Microsoft plans first voluntary employee buyout in company’s 51-year history
A view of a Microsoft office in Shanghai, China, on April 8, 2025. Ying Tang | Nurphoto | Getty Images Microsoft will offer voluntary buyouts to a small percentage of its workforce, a first for the 51-year-old software giant, as the tech industry grapples with major changes sparked by the artificial intelligence boom. The one-time […]
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Europe’s summer travel is on the line as airlines’ jet fuel supply dwindles
Jet fuel shortages threaten to disrupt the upcoming summer travel season as the conflict in the Strait of Hormuz intensifies. Nurphoto | Nurphoto | Getty Images Peak travel season is almost here, but the International Energy Agency’s head told CNBC that Europe may struggle to meet surging jet fuel demand as the Middle East crisis […]
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Tesla shares fall after results. But this market speculation may keep the stock afloat for a while
Tesla shares were lower after its first-quarter earnings announcement on Wednesday on the company’s bigger-than-anticipated cap-ex expansion, but Wall Street is buzzing about speculation that could keep a bid under the stock for the near future. The chatter is about a potential merger with SpaceX, Elon Musk’s breakout rocket company that is set to go […]
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Starbucks’ loyalty program changes are drawing value-conscious customers
A customer inside a Starbucks coffee shop in Hercules, California, US, on Thursday, Sept. 25, 2025. David Paul Morris | Bloomberg | Getty Images Starbucks is seeing early signs that changes to its loyalty program are paying off as value-minded consumers take advantage of its rewards, CNBC has learned. Last month, the coffee chain brought […]
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Warner Bros. Discovery shareholders approve Paramount acquisition
Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery shareholders approved the company’s proposed merger with Paramount Skydance in a preliminary vote on Thursday, bringing a buzzy sale process one step closer to the finish line. Paramount has offered $31 per share for the entirety of Warner Bros. Discovery — its cable TV networks […]
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Kalshi traders don’t see Strait of Hormuz traffic returning to normal until July
Key Points Bettors on prediction markets platform Kalshi now see the chances of traffic in the Strait of Hormuz returning to normal in June as below 50%. Those bettors think there’s a 59% chance traffic is back to normal by July, and a 61% chance by August. Kalshi defines normal traffic as transit through the […]
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Treasury yields are little changed as U.S.-Iran standoff persists
Treasury yields were little changed on Thursday as investors await updates on the resumption of U.S.-Iran peace talks. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — ticked lower to 4.296%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, was […]
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Trump orders Navy to ‘shoot and kill any boat’ laying mines in Hormuz Strait
In this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz. U.S. Navy | Getty Images President Donald […]
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Comcast beats revenue, earnings expectations as broadband losses improve
Comcast topped Wall Street’s revenue and earnings estimates for the first quarter on Thursday, lifted by NBC’s sports slate in February and improving broadband customer losses. The company said it lost 65,000 broadband customers compared with 183,000 losses in the same period last year. Heightened competition from wireless providers like Verizon and T-Mobile has led […]
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