United States Oil Fund
Fed Governor Waller urges caution for now, says rate cuts possible later in the year
Key Points Federal Reserve Governor Christopher Waller on Friday expressed caution about current conditions but still sees the opportunity for interest rate cuts as the year goes on. In a CNBC interview, the policymaker said “if things go reasonably well and the labor market continues to be weak, I would start advocating again for cutting […]
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The Dow’s losing streak, fertilizer prices, Novo Nordisk’s new Wegovy shot and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. In a tale of two viral hotspots, Polymarket is planning a pop-up bar in Washington, D.C., while a New York City pharmacy is seeing a surge after its feature in FX’s “Love Story.” Stock futures are down this morning after […]
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Work from home, drive slower and don’t use gas cookers: IEA advice on weathering the global energy crisis
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016. Picture taken March 24, 2016. Nick Oxford | Reuters Supply measures alone won’t be enough to mitigate “the […]
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U.S. Treasury yields edge higher as Iran war drives inflation pressure
U.S. Treasury yields edged slightly higher in early Friday trading as investors continue to navigate growing uncertainty over how the Middle East conflict is impacting the economy. The 10-year Treasury yield — the benchmark for U.S. government borrowing — rose 1.7 basis points to 4.3%. The yield on the 2-year Treasury note, which is more sensitive to […]
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U.S. says Cuba is prohibited from taking Russian oil as two tankers head to island
An old Soviet-era Lada car drives past a truck belonging to a private Cuban company (mipyme) parked in front of a gas station with an IsoTank of imported fuel in Havana on March 19, 2026. Adalberto Roque | Afp | Getty Images The U.S. Treasury Department has said Cuba won’t be allowed to take delivery […]
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CNBC Daily Open: Netanyahu’s ‘ground component’ warning
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference, amid the U.S.-Israel conflict with Iran, in Jerusalem, March 19, 2026. Ronen Zvulun | Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. Conflicting messages for the markets to contend with this morning. The threat […]
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Japan wanted inflation and Iran war could grant that wish. But it’s not the type Tokyo desires
TOKYO, JAPAN – FEBRUARY 05: Tourists and shoppers walk through the Tsukiji shopping area on February 5, 2026 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images The Bank of Japan has long stated that sustained levels of inflation will help it move ahead with policy normalization, after having ended the world’s […]
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CNBC Daily Open: Some uncomfortable history rears its head at Trump-Takaichi meeting
WASHINGTON, DC – MARCH 19: Prime Minister of Japan Sanae Takaichi looks on during a bilateral meeting with U.S. President Donald Trump in the Oval Office of the White House on March 19, 2026 in Washington, DC. The two leaders discussed topics including the current conflict in Iran and the threat that is posed by China. (Photo […]
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Oil falls as U.S. weighs releasing sanctioned Iranian crude to cool prices
Oil prices rose as much as 3% on Thursday after Iran attacked several energy facilities across the Middle East following a strike on its South Pars gas field. Dwayne Schnell | 500px Plus | Getty Images U.S. oil prices extended their decline after Treasury Secretary Scott Bessent said Washington may soon lift sanctions on Iranian crude […]
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Trump invokes Pearl Harbor in front of Japanese prime minister to defend Iran attack secrecy
Prime Minister of Japan Sanae Takaichi (L) meets with U.S. President Donald Trump during a bilateral meeting in the Oval Office of the White House on March 19, 2026 in Washington, DC. Alex Wong | Getty Images In an apparent awkward moment at the Oval Office on Thursday stateside, U.S. President Donald Trump referenced Pearl Harbor in […]
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