business news

Lawyers to the wealthy warn that AI legal advice comes with serious risks
Business

Lawyers to the wealthy warn that AI legal advice comes with serious risks

Displeased couple having problems during a meeting with their agent in the office. Skynesher | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Lawyer Tasha Dickinson said […]

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Bank of England keeps rates on hold at 3.75% as Iran war shakes outlook
World

Bank of England keeps rates on hold at 3.75% as Iran war shakes outlook

The Bank of England (BOE) in the City of London, UK, on Monday, Dec. 15, 2025. Bloomberg | Bloomberg | Getty Images The Bank of England voted to keep its key interest rate on hold at 3.75% on Thursday, as widely expected by economists, as the Iran war continues to pose a dilemma for policymakers. […]

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Here’s why surging oil prices may not derail the consumer trade
Finance

Here’s why surging oil prices may not derail the consumer trade

ETF Edge Here’s why surging oil prices may not derail the consumer trade Published Thu, Apr 30 20267:01 AM EDTUpdated 21 Min Ago Josh Romero@in/joshdromero/ Stephanie Landsman@stephlandsman WATCH LIVE Source

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Eli Lilly blows past quarterly estimates, hikes outlook as Zepbound and Mounjaro sales skyrocket
Business

Eli Lilly blows past quarterly estimates, hikes outlook as Zepbound and Mounjaro sales skyrocket

David Ricks, chief executive officer of Eli Lilly & Co., at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Friday, April 17, 2026. Aaron Schwartz | Bloomberg | Getty Images Eli Lilly on Thursday reported first-quarter earnings and revenue that blew past […]

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Markets are still underpricing Iran war risks, investors warn as oil fluctuates around four-year high
World

Markets are still underpricing Iran war risks, investors warn as oil fluctuates around four-year high

Renewed fears about the trajectory of the U.S.-Iran war sent global benchmark Brent crude futures to a four-year high and rattled equity markets on Thursday — but analysts say investors are still pricing for peace and underestimating potential future risk. The latest step higher in oil prices came after Axios reported that U.S. Central Command […]

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Euro zone inflation jumps to 3% as economic growth almost stalls
World

Euro zone inflation jumps to 3% as economic growth almost stalls

Inflation in the euro zone eased in the last two months of 2022 but the economic indicator is still well-above the 2% mandate of the European Central Bank. Jeff Greenberg | Universal Images Group | Getty Images The euro zone economy expanded by a meager 0.1% in the first quarter of the year, preliminary data […]

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Democrats urge CFTC to rein in prediction markets sports betting, insider trading
Politics

Democrats urge CFTC to rein in prediction markets sports betting, insider trading

Michael Selig, President Donald Trump’s nominee to serve as Commodity Futures Trading Commission chairman, testifies in a Senate Agriculture Committee hearing on his nomination on Capitol Hill, Nov. 19, 2025. Jonathan Ernst | Reuters A group of Democratic lawmakers is urging the Commodity Futures Trading Commission to issue a rule that would aim to rein-in […]

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European markets tumble as oil prices surge; ECB and BOE decisions ahead
World

European markets tumble as oil prices surge; ECB and BOE decisions ahead

Hannelore Foerster | Bloomberg | Getty Images LONDON — European stocks opened sharply lower on Thursday as investors digest the latest reports on the Iran war and monitor a raft of corporate earnings and central bank decisions. The pan-European Stoxx 600 was trading 0.4% lower by 8:40 a.m. in London (3:40 a.m. E.T.). Regional bourses […]

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U.S. weighs ‘reduction’ of troops in Germany as Trump’s feud with Berlin deepens
Politics

U.S. weighs ‘reduction’ of troops in Germany as Trump’s feud with Berlin deepens

Soldiers of the U.S. Army V Corps salute during a color casing ceremony to mark the departure of V Corps headquarters from Europe on May 10, 2012 at the U.S. Army base in Wiesbaden, Germany. Ralph Orlowski | Getty Images News | Getty Images The U.S. is considering reducing the number of troops it has […]

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Shares of Jeep maker Stellantis fall more than 7% after first-quarter results
World

Shares of Jeep maker Stellantis fall more than 7% after first-quarter results

The all-new 2026 Jeep Cherokee Hybrid is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on November 23, 2025 in Los Angeles, California. Josh Lefkowitz | Getty Images News | Getty Images Shares of auto giant Stellantis fell sharply on Thursday after the company reported a near tripling […]

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