Markets
Gas prices may not drop below $3 a gallon until next year: Energy Secretary Wright
U.S. Energy Secretary Chris Wright appears before a House Appropriations Subcommittee on Energy hearing on the Trump administration’s 2027 budget request for the Department of Energy, on Capitol Hill in Washington, D.C., U.S., April 15, 2026. Nathan Howard | Reuters Energy Secretary Chris Wright on Sunday said gas prices may not drop below $3 until […]
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Here are 3 forces that drove a remarkable, record-setting week on Wall Street
You can call it a comeback. Stocks rocketed to record highs last week on hopes of a peace deal with Iran, with the S & P 500 closing above 7,100 for the first time and the Nasdaq completing its longest-winning stretch since 1992 — 13 days of gains. For the week, the broad-based S & […]
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We spoke to over 30 central bankers, policymakers and politicians. Here are their top concerns
A man walks among buildings destroyed in a joint attack by Israel and the United States on April 6, 2026, in Tehran, Iran. Majid Saeedi | Getty Images Policymakers around the world are closely watching developments in the Middle East as they gauge the most prudent response to the economic fallout of the war. CNBC […]
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Video shows ships turning away from the Strait of Hormuz as confusion persists over whether sea lane is really open
Oil tankers are remaining cautious about sailing through the Strait of Hormuz after Iran declared Friday that the sea lane is open to commercial ships, video footage shows. Oil futures contracts tumbled Friday as the market interpreted the announcement from Tehran as a major breakthrough that will ease the massive disruption to global energy supplies. […]
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Jim Cramer on the market’s ‘remarkable’ rally — and what to watch in a big earnings week ahead
CNBC’s Jim Cramer on Friday laid out his game plan for the week ahead after what he called one of the most “remarkable” rallies he’s ever seen. “If you didn’t believe we could have still one more week where we’d rally 3%, you’d be right,” Cramer said. “We actually rallied 4% thanks to today’s gigantic […]
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Jet fuel crisis in Europe threatens summer travel plans
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The International Energy Agency on Thursday warned that the Middle East crisis is hurting Europe’s airline industry, which is on the brink of running out of jet fuel. As Europe heads into its peak travel season, a continued blockade of the Strait […]
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Stocks making the biggest moves midday: Royal Caribbean, Exxon Mobil, Critical Metals, Netflix & more
Check out the companies making the biggest moves midday: Energy stocks – Shares fell sharply as oil prices sunk more than 12% after Iran opened the Strait of Hormuz for the duration of the ceasefire between Israel and Lebanon. APA Corporation declined by more than 9%, while Valero Energy fell more than 8.5%. Occidental Petroleum […]
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AMD, Oracle, Microsoft and the IGV lead a monster week for tech stocks
Big Tech stocks were on track to wrap a massive week on Friday, with shares of Oracle, Advanced Micro Devices and Microsoft set to post historic gains and benchmarks. Oracle, up 32% week-to-date, is on track for its best week since October 1999. The company expanded an artificial intelligence data center power deal with Bloom […]
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The Nasdaq’s win streak, Netflix earnings, another AI pivot and more in Morning Squawk
1. Peace talks US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Thursday, April 16, 2026. Graeme Sloan | Bloomberg | Getty Images Stocks climbed higher in yesterday’s session after President Donald Trump announced that Israel and […]
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