business news
CNBC Daily Open: Trump promises insurance and protection for Gulf shipping
US President Donald Trump speaks during a meeting with Chancellor Merz (CDU) at the White House. Topics include the war in Iran, the tariff dispute between the EU and the USA, the Russian war of aggression against Ukraine and China policy. Kay Nietfeld | Picture Alliance | Getty Images What you need to know today […]
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South Korea’s Kospi plunges 7% amid selloff in the region as Middle East war escalates
19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear). Bernd von Jutrczenka | Picture Alliance | Getty Images South Korea’s Kospi declined 7.24% Wednesday, extending a steep selloff from the day before when the index recorded its worst day in […]
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China is set to kick off its big policy meeting. What will be the key announcements?
Key Points Beijing is expected to set GDP growth target at around 4.5% to 5% this year, inflation target unchanged at 2%, budget deficit of 4%. The world’s second-largest economy faces persistent challenges at home amid a consumption downturn and prolonged real estate slump. Source
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Prediction market ‘gambling’ needs state regulation, not feds, Mick Mulvaney says after Iran war bets
Buying contracts on prediction markets is just another word for “gambling,” says former Trump White House Chief of Staff Mick Mulvaney, who is leading a coalition that wants state authorities, not a federal commodities agency, to regulate that growing industry. “The simple answer is that it’s gambling. It just is,” Mulvaney told CNBC’s Contessa Brewer, […]
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Nvidia, Amazon temporarily close Dubai offices, Google employees stranded amid U.S.-Iran war
A plume of smoke rises from the port of Jebel Ali following a reported Iranian strike in Dubai on March 1, 2026. Fadel Senna | Afp | Getty Images Nvidia, Amazon and Alphabet are among the big tech firms scrambling to ensure the safety of their employees who are traveling through or based in the […]
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Sam Altman tells OpenAI staffers that military’s ‘operational decisions’ are up to the government
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images OpenAI CEO Sam Altman told employees in an all-hands meeting on Tuesday that the company doesn’t “get to make operational […]
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Epstein files: Goldman Sachs lawyer Kathryn Ruemmler asked to testify to House panel
FILE PHOTO: White House counsel Kathryn Ruemmler listens as President Barack Obama speaks at an installation ceremony for FBI Director James Comey at FBI Headquarters in Washington, Monday, Oct. 28, 2013. Charles Dharapak | AP The House committee investigating the notorious sex offender Jeffrey Epstein has asked Goldman Sachs‘ top lawyer, Kathryn Ruemmler, to testify […]
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The lead U.S. cyber agency is stretched thin as Iran hacking threat escalates
Iraqi Shiites shout slogans as they carry a portrait of Iran’s Supreme Leader Ayatollah Ali Khamenei and wave Iran flags during a protest against US and Israeli attacks on Iran at a bridge leading to Green Zone where the US embassy is located, in Baghdad on February 28, 2026. Several hundred people protested against the […]
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Epstein files: Howard Lutnick volunteers to testify to House Oversight committee
U.S. Commerce Secretary Howard Lutnick sits to testify before the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing to examine a review of broadband deployment funding at the Department of Commerce, on Capitol Hill in Washington, D.C., U.S., February 10, 2026. Elizabeth Frantz | Reuters Commerce Secretary Howard Lutnick has voluntarily agreed […]
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Trump administration offers shifting narrative for U.S. war in Iran as Democrats pounce
President Donald Trump says combat will continue in Iran until U.S. “objectives” are complete. Those objectives and the justification for the war have remained fluid more than 48 hours into the conflict. Trump and his proxies have not been aligned on their narrative, leading to confusion about how Trump and his advisors are defining the […]
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