Donald Trump
Asia markets track losses on Wall Street, extending market rout on Iran war impact
Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets mostly declined Friday following volatile trading on Wall Street overnight as investors sold assets from government bonds to equities and metals amid the Iran war. Tehran attacked the world’s largest gas plant in Qatar, causing […]
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U.S. tech execs smuggled Nvidia chips to China, prosecutors say
NVIDIA AI Computing Card captured in Hangzhou, Zhejiang Province, China on Dec. 9, 2025. Cfoto | Future Publishing | Getty Images The U.S. Attorney’s Office for the Southern District of New York on Thursday charged people associated with a U.S. server maker with illegally diverting billions of dollars in artificial intelligence servers to China. The […]
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Iran war-induced fertilizer shortage threatens Republicans in farm states ahead of midterms
Garrett Mauch spreads manure as fertilizer on fields at his family’s farm in Lamar, Colorado, on January 21, 2026. RJ Sangosti | The Denver Post Via Getty Images | Denver Post | Getty Images The Strait of Hormuz shutdown caused by the war in Iran is jacking up fertilizer prices, hitting farmers in their pocketbooks […]
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Apple bears are proven wrong yet again as iPhone defies the China slump narrative
Memory shortages. Way behind on AI. Tariff troubles. None of that seems to matter to Apple. It keeps selling tons of iPhones — bucking expectations, especially in China. iPhone sales in China surged 23% during the first nine weeks of 2026, in contrast to a 4% year-over-year decline in the entire smartphone market there, according […]
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Netanyahu says Iran is being ‘decimated’ but revolution requires ‘ground component’
Israeli Prime Minister Benjamin Netanyahu on Thursday said “Iran is being decimated” as the U.S. and Israel target its ballistic missile and nuclear programs from the air — but he added that meaningful regime change will require a “ground component.” “You don’t want to replace one ayatollah with another,” Netanyahu said at a press conference. […]
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Eli Lilly’s new shot shows solid weight loss in study — plus, a way for Nvidia to perk up
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday ‘ s key moments. 1. Stocks fell Thursday as oil prices continued higher. Brent international crude briefly touched $119 per barrel after Iran attacked a key LNG facility in Qatar. Tehran said […]
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Trump signals DOJ should continue Powell probe, complicating Warsh Fed nom
President Donald Trump on Thursday signaled his continued support for a Department of Justice investigation into Federal Reserve Chairman Jerome Powell — a stance that could further delay the confirmation of his would-be successor, Kevin Warsh. “He’s under investigation because he’s building a building for hundreds of billions of dollars more than it’s supposed to […]
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Switzerland risks the ire of the White House as it flags potential currency intervention
Swiss officials say the Iran war is making them more willing to intervene against any significant appreciation in the country’s currency, but doing so risks another dispute with the White House. The Swiss National Bank announced on Thursday that, as expected, it was holding its key interest rate at 0%. But its policymakers said: “Given […]
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Gulf states have tolerated Iranian strikes so far — but their ‘defensive’ stance won’t last forever
Fire and plumes of smoke rise from an oil facility in Fujairah, United Arab Emirates, Saturday, March 14, 2026. Altaf Qadri | AP Iran’s strikes are pushing Gulf states toward a breaking point, forcing a choice between restraint and retaliation. Iran’s Gulf neighbors have been repeatedly targeted and hit by Iranian drones and missiles as […]
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Hegseth says potential $200 billion Iran war spending request could shift: ‘Takes money to kill bad guys’
US Secretary of Defense Pete Hegseth speaks during a news conference at the Pentagon in Washington, DC, on March 19, 2026. Mandel Ngan | Afp | Getty Images Defense Secretary Pete Hegseth said Thursday that the Pentagon’s reported $200 billion budget request for Iran war funding “could move.” “It takes money to kill bad guys,” […]
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