Markets
Watch Fed Chair Powell testify live on interest rate policy before House committee
[The stream is slated to start at 10a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers his semiannual monetary policy testimony to congressional leaders, starting Tuesday with an appearance before the House Financial Services Committee. In prepared remarks, Powell noted the […]
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Stocks making the biggest moves premarket: Carnival, Chewy, KB Home, Lockheed Martin and more
Check out the companies making headlines before the bell: Carnival — The cruise line jumped more than 6% after beating second quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of […]
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Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism
Key Points Federal Reserve Chair Jerome Powell on Tuesday said he expects policymakers to stay on hold until they have a better handle on the impact tariffs will have on prices. The cautious tones could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell. Powell will present his speech, along […]
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Deutsche Bank’s CEO is doubling down on defense investment
Deutsche Bank is doubling down on defense investment as a broader European drive to rearm unlocks fresh capital in the region. Speaking to CNBC’s Annette Weisbach at the Tag der Industrie conference in Berlin on Monday, Deutsche Bank CEO Christian Sewing said that the German lender has increased its exposure to the defense industry to […]
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Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round
Crypto company Digital Asset said Tuesday that it’s netted $135 million in funding from a raft of major names in banking and finance. The firm, which touts itself as a regulated crypto player, said it raised the fresh cash in a funding round co-led by DRW and Tradeweb, with Goldman Sachs, BNP Paribas and Ken […]
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Stock futures rise after Trump says Iran-Israel ceasefire is in effect: Live updates
Traders work at the New York Stock Exchange on June 23, 2025. NYSE Stock futures rose early Tuesday after President Donald Trump said that a ceasefire between Israel and Iran had come into effect, marking the latest sign of easing tensions in the Middle East. Futures tied to the Dow Jones Industrial Average added 350 […]
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Oil prices shed 2% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure
Brent crude prices pared gains from the previous session and fell nearly $2 on Friday after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but they were still poised for a third straight week in the black. Ilan Rosenberg | Reuters Oil futures fell sharply on Tuesday as a freshly […]
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Conflict or ceasefire, most markets remain unfazed — here’s why
Traders work at the New York Stock Exchange on June 13, 2025. NYSE Global equities posted muted gains Tuesday, as investors digested U.S. President Donald Trump’s announcement of a ceasefire timeline between Iran and Israel, as well as growing signs of fatigue toward Trump’s policymaking. The MSCI World index, which tracks over a thousand large […]
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CNBC Daily Open: The strange times of missiles-led ‘peace’
US President Donald Trump (L) greets Secretary of Defense Pete Hegseth as he arrives to address troops at the Al-Udeid air base southwest of Doha on May 15, 2025. Brendan Smialowski | Afp | Getty Images It’s a strange thought that launching attacks on other countries could lead to peace, but that seems to be […]
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Asia-Pacific markets rise after Trump says Israel and Iran agree to ceasefire
Sunset at Shinjuku , Tokyo – Japan. Xavierarnau | E+ | Getty Images Asia-Pacific markets rose Tuesday after United States President Donald Trump announced that Iran and Israel have agreed to a ceasefire. “It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE … for […]
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