United States
Five reasons why oil prices haven’t surged higher despite the Iran war
The Iran war has triggered the largest oil supply disruption in history yet future prices are not that high, which has left some investors wondering why. The answer has to do with the oil balance before the war, the response to the disruption, market expectations and whether the futures price is really the best place […]
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Here’s the inflation breakdown for April 2026 — in one chart
Fuel prices are displayed on a sign as customers fill their vehicles at a gas station in Miami, April 13, 2026. Joe Raedle | Getty Images Inflation jumped in April to the highest level in nearly three years as surging gas prices due to the Iran war pushed up the cost of many consumer goods. […]
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Analysis: Iran war hangs over Trump’s China trip — and his presidency
As President Donald Trump prepares to head to China for crucial negotiations with the leader of the No. 2 global power, it is becoming clear that the political and economic damage unleashed by the Iran war can’t be easily left behind. Even if a deal to get oil tankers moving again were reached tomorrow — […]
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Consumer prices rose 3.8% annually in April, the highest since May 2023
High gas prices are displayed at a Shell gas station on May 11, 2026 in Burbank, California. Mario Tama | Getty Images Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy. The consumer price […]
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Trump is taking more than a dozen U.S. executives to China. Jensen Huang isn’t one of them
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images BEIJING — Nvidia CEO Jensen Huang said it would be “a great honor” to travel to […]
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Amazon accelerates delivery race with 30-minute dropoffs in dozens of U.S. cities
An Amazon worker pulls a cart of packages for delivery on in New York City, July 12, 2022. Michael M. Santiago | Getty Images Amazon is rolling out “ultra-fast” deliveries to get packages to consumers in 30 minutes or less in dozens of cities across the U.S., the company announced Tuesday, marking its most aggressive […]
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What’s at stake for trade, Taiwan and Iran in Trump’s high-risk summit with China’s Xi
U.S. President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. Evelyn Hockstein | Reuters President Donald Trump’s face-to-face meeting with Chinese President Xi Jinping is a high-stakes […]
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CNBC Daily Open: Can Starmer ‘keep calm and carry on?’
Prime Minister Keir Starmer, issues a statement regarding the Manchester Synagogue attack, at Downing Street on October 2, 2025 in London, England. Wpa Pool | Getty Images News | Getty Images Hello, this is Katie Foley writing to you from London, where Downing Street is dominating the agenda. U.K. Prime Minister Keir Starmer faces a […]
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European stocks to open lower as hopes for U.S.-Iran peace deal fade
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026. Hussein Faleh | Afp | Getty Images LONDON — European stocks are expected to open in negative territory as prospects for a speedy resolution to […]
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Behind Big Oil’s first-quarter beat: The quiet rise of trading desks
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026. Hussein Faleh | Afp | Getty Images Oil and gas giants benefited significantly from their trading desks through the first quarter, shining a light on […]
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