Economy
Stocks making the biggest moves premarket: Kohl’s, Casey’s General Stores, Vertex Pharmaceuticals and more
Check out the companies making headlines before the bell: Kohl’s — Shares tumbled 9% after the retailer posted disappointing fourth-quarter revenue of $4.97 billion, below the LSEG consensus of $5.03 billion. On the other hand, fourth quarter earnings of $1.07 per share exceeded the expected 85 cents per share. Casey’s General Stores — The convenience […]
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Iran defends strikes on Gulf neighbors. They say a ‘huge trust gap’ will last for decades
Foreign workers look at a tall plume of black smoke ascends following an explosion in the Fujairah industrial zone on March 3, 2026. Fadel Senna | Afp | Getty Images Iran has defended its strikes against its Gulf neighbors, telling CNBC that U.S. military assets located in surrounding territories were “legitimate” targets in its fight […]
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China exports sharply beat expectations as trade surplus in the first two months surges to highest on record
A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao, Shandong Province, China, Jan. 13, 2026. Cfoto | Future Publishing | Getty Images China’s trade surplus rose to its highest on record in the combined January-February period, while exports massively beat expectations, underscoring the resilience of the world’s second-largest economy […]
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There’s another energy market that may get hit harder than oil by Strait of Hormuz closure
A liquefied natural gas (LNG) tanker on a digital screen at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025. Christopher Pike | Bloomberg | Getty Images Oil prices jumped Monday with traffic in the Strait of Hormuz at a near standstill, but the longer-term implications of the Strait’s closure may […]
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Stocks making the biggest moves midday: Chevron, Hims and Hers, Xenon Pharma, Vertiv and more
Check out some of the companies making the biggest midday moves: Oil stocks – Oil stocks briefly traded higher as the commodity surged as the Iran War showed no sign of abating. U.S. crude briefly topped $110 per barrel overnight, hitting levels not seen since mid-2022. Chevron earlier hit an all-time high, Talos Energy at […]
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The Iran war has put the brakes on the next Bank of England rate cut
A road closure sign leans against a wall outside Royal Exchange in the heart of the City of London, on 13th June 2022, in London, England. Richard Baker | In Pictures | Getty Images Before the war in Iran erupted, the Bank of England was widely predicted to be on course to cut interest rates […]
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Oil prices top $100, FDA leadership change, the wellness boom and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. If you’re getting on a plane soon, consider this a public service announcement that you may want to give yourself extra time for security lines. Stock futures are tanking this morning following a losing week on Wall Street. Here are […]
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Stocks making the biggest moves premarket: Hims & Hers Health, oil stocks, Live Nation Entertainment & more
Check out the companies making headlines before the bell. Oil stocks – Oil stocks traded higher as the commodity surged due to the ongoing Iran War. U.S. crude briefly topped $110 per barrel overnight, hitting levels not seen since mid-2022. Talos Energy rose 5%, while Northern Oil and Gas and ConocoPhillips gained 3% and 2%, […]
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Treasury yields climb higher as investors monitor Iran war and soaring oil price
Signs display prices for gasoline at stations on March 2, 2026 in Chicago, Illinois. Scott Olson | Getty Images U.S. Treasury yields climbed higher on Monday as oil prices soared past $100 a barrel and increased inflation fears among investors. The benchmark 10-year Treasury yields rose more than 4 basis points to 4.175%, and the […]
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U.S. orders staff to leave Saudi Arabia as Iran war spreads and oil surges above $110
Smoke rises from the site of airstrikes in a central area of the Iranian capital Tehran on March 6, 2026. Atta Kenare | Afp | Getty Images The U.S. government ordered non-emergency government employees to leave Saudi Arabia as the war engulfing Iran widened across the Middle East, pushing oil prices above $110 per barrel […]
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