business news
CNBC Daily Open: A fragile peace, but a firm market rally
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 16, 2026. Jeenah Moon | Reuters Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Markets march on to new records as the warring sides in the […]
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Trump says war in Iran is going ‘swimmingly’ and ‘should be ending pretty soon’
President Donald Trump on Thursday said that “the war in Iran is going along swimmingly.” “It should be ending pretty soon,” Trump said at an event in Las Vegas, echoing similarly rosy predictions about the end of the war that he has made since the United States and Israel launched attacks on Iran in late […]
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Oil declines as Israel-Lebanon truce raises hopes of wider de-escalation
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Alexander Manzyuk | Reuters Oil prices fell after U.S. President Donald Trump said Israel and Lebanon had agreed to a 10-day ceasefire following talks in Washington. U.S. crude oil futures for May delivery fell 1.45% to $93.32 per barrel. […]
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Stock futures are little changed after Israel and Lebanon agree to a 10-day ceasefire: Live updates
Traders work during Madison Air Solutions Corp.’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, April 16, 2026. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were little changed on Thursday night after President Donald Trump confirmed that Israel and Lebanon […]
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Cramer warns of excessive speculation in the market. He says buy these credible stocks instead
Key Points CNBC’s Jim Cramer warned that there’s a troubling amount of speculation in the market. The “Mad Money” host on Thursday highlighted more credible alternatives for investors. CNBC’s Jim Cramer said Wednesday that signs of excessive speculation are creeping back into the market, echoing patterns that previously led to painful losses for investors . […]
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Trump says gas prices ‘not very high’ as most U.S. voters blame him for price spike
President Donald Trump speaks to the media before boarding Marine One on the South Lawn of the White House on April 16, 2026. Anna Moneymaker | Getty Images President Donald Trump on Thursday brushed aside concerns about much higher gas prices because of the Iran war, even as a new poll showed that most U.S. […]
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Senate overturns Boundary Waters protections, a boon for Chilean mining company
Outdoor enthusiasts travel by canoe through several of the hundreds of fresh water lakes that make up the Boundary Waters in the northern woods of Minnesota. Andrew Lichtenstein | Corbis News | Getty Images The Senate on Thursday overturned a mining moratorium in Minnesota’s Superior National Forest, a boon for a Chilean mining company subsidiary […]
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Trump nominates Erica Schwartz as CDC director amid turmoil around leadership, vaccine policy
Rear Admiral Erica G. Schwartz. U.S. Department of Health and Human Services President Donald Trump on Thursday nominated Erica Schwartz to serve as director of the Centers for Disease Control and Prevention, concluding a monthslong effort to choose a permanent leader of the embattled health agency. Schwartz will have to be confirmed by the Senate, […]
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Google will let users connect their photos to the Gemini chatbot and Nano Banana
Anadolu | Anadolu | Getty Images Google is letting the Gemini AI chatbot connect to personal photos with the Nano Banana image generation tool. Google said Thursday it will allow users to connect their Personal Intelligence, an AI feature that connects Google apps for personalized answers, with its Gemini chatbot. If a user opts in, […]
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Brent oil price near $100 again with U.S.-Iran talks uncertain and Hormuz still blocked
Crude oil prices neared $100 again on Thursday, as tanker traffic through the Strait of Hormuz remains very low with no clear pathway to fully reopen the vital sea lane. International benchmark Brent for June delivery surged nearly 5% to close at $99.39 per barrel. West Texas Intermediate crude for May rose almost 4% to […]
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