Year: 2026

Jersey Mike’s strikes European expansion deal led by founder Peter Cancro
Business

Jersey Mike’s strikes European expansion deal led by founder Peter Cancro

Jersey Mike’s Subs is taking its signature sandwiches overseas with its first European expansion set for this year, the company said Monday. Leading the push is the brand’s founder and board chair, Peter Cancro, via his company, JM Submarines UK LTD. The deal between Jersey Mike’s and Cancro’s entity calls for 400 stores to be […]

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India inflation accelerates to 1.33% in December, driven by higher food prices
World

India inflation accelerates to 1.33% in December, driven by higher food prices

A shopkeeper arranges Santa Claus decorative items displayed at a market ahead of the Christmas celebrations in Srinagar, Jammu and Kashmir, on December 9, 2025. (Photo by Firdous Nazir/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images India’s consumer inflation rose to 1.33% in December accelerating from 0.71% in the prior month. The headline […]

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Trump threatens to sideline Exxon from Venezuela’s oil: ‘They’re playing too cute’
World

Trump threatens to sideline Exxon from Venezuela’s oil: ‘They’re playing too cute’

Darren Woods, chairman and chief executive officer Exxon Mobil Corp., during a meeting with oil executives in the East Room of the White House in Washington, DC, US, on Friday, Jan. 9, 2026. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump threatened to sideline Exxon Mobil from Venezuela’s energy market, saying he didn’t […]

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Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit
World

Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit

Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a one-year cap on credit card interest rates at 10%. Citi Group lost almost 4% in premarket trading and JPMorgan Chase was down 3%. Bank of America fell 2.45%, Visa declined 1.58%, and Mastercard was 2% in the red. Broader finance names […]

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Gold smashes new record of ,600 as Powell probe and global flashpoints ignite safe-haven rush
World

Gold smashes new record of $4,600 as Powell probe and global flashpoints ignite safe-haven rush

One kilogram gold bars stacked at the Perth Mint Refinery, operated by Gold Corp. Matt Jelonek | Bloomberg | Getty Images Gold hit a fresh record high on Monday, extending a blistering rally as investors piled into havens amid a swirl of geopolitical and policy shocks in recent days. Spot gold advanced 2% to hit […]

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European markets open the week on a somber note as Fed Powell probe in focus
World

European markets open the week on a somber note as Fed Powell probe in focus

Lights on in skyscrapers and commercial buildings on the skyline of the City of London, UK, on Tuesday, Nov. 18, 2025. U.K. business chiefs urged Chancellor of the Exchequer Rachel Reeves to ease energy costs and avoid raising the tax burden on corporate Britain as she prepares this year’s budget. Bloomberg | Bloomberg | Getty Images LONDON […]

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CNBC Daily Open: Iran has more avenues of retaliating against the U.S. — including oil supply
World

CNBC Daily Open: Iran has more avenues of retaliating against the U.S. — including oil supply

Iranians gather while blocking a street during a protest in Tehran, Iran on January 9, 2026. Mahsa | Afp | Getty Images Iran now appears to be next on President Donald Trump’s list, after Venezuela and Greenland. The backdrop is a wave of protests in Iran, now in their third week. What began as demonstrations […]

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Why most Greenlanders favor a future without Trump — or Denmark
Politics

Why most Greenlanders favor a future without Trump — or Denmark

A snow-cleared asphalt road outside Sisimiut, Greenland, on Monday, March 31, 2025. Bloomberg | Bloomberg | Getty Images Greenland has been thrust into a geopolitical firestorm as U.S. President Donald Trump ramps up his threats to annex the self-governing Danish territory. But, while Trump says the U.S. needs the huge Arctic island for its national […]

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What Trump’s Venezuela intervention means for Guyana’s vast oil wealth
World

What Trump’s Venezuela intervention means for Guyana’s vast oil wealth

A woman holding an umbrella crosses a road at the entrance of Demerara Harbour Bridge with a sign that reads “Essequibo belongs to Guyana” in Georgetown on September 2, 2025. Joaquin Sarmiento | Afp | Getty Images The Trump administration’s military intervention in Venezuela is expected to radically reshape regional risk, including when it comes […]

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World’s most vital oil chokepoint back in focus amid possible U.S. action against Iran
World

World’s most vital oil chokepoint back in focus amid possible U.S. action against Iran

The Strait of Hormuz is once again back in focus as a possible U.S. intervention in Iran raises the risk of Tehran disrupting one of the world’s most critical energy chokepoints. U.S. President Donald Trump is considering a range of options against Iran, according to multiple media reports on Sunday, as it cracks down on […]

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