United States
CNBC Daily Open: Oil surges as Iran war enters seventh day
Storage tanks are seen at Marathon Petroleum’s Los Angeles Refinery, which processes domestic and imported crude oil, in Carson, California, on March 11, 2022. Bing Guan | Reuters What you need to know today Crude oil crossed $80 per barrel Thursday, as the Iran war enters its seventh day and continues disrupting global fuel supplies. […]
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Dow futures tick higher, but index heads for worst week since October on oil surge: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Angela Weiss | Afp | Getty Images Dow futures inched up Thursday night after U.S. equities extended their sell-off this week amid the war in Iran and spiking oil prices. […]
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Anthropic CEO says ‘no choice’ but to challenge Trump admin’s supply chain risk designation in court
Dario Amodei, co-founder and CEO of Anthropic, during a Bloomberg Television interview in San Francisco, Dec. 9, 2025. David Paul Morris | Bloomberg | Getty Images Anthropic CEO Dario Amodei confirmed that the U.S. government declared his company a supply chain risk on Thursday and said it has “no choice” but to challenge the designation […]
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Microsoft says its customers can still access Anthropic products after supply chain risk designation
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026 Sven Hoppe | Picture Alliance | Getty Images Microsoft said Thursday that it will keep startup Anthropic’s artificial intelligence technology embedded in its products for clients, excluding the U.S. Department of War. Earlier on Thursday, the federal […]
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Asia markets open lower, tracking Wall Street losses, as Iran conflict sends oil prices soaring
Smoke rises from an Israeli strike targeting the southern suburbs on March 5, 2026 in Beirut, Lebanon. Daniel Carde | Getty Images Asia-Pacific markets were lower Friday, tracking Wall Street losses overnight, as the Iran conflict sends energy prices higher. Overnight, oil prices broke through the $80 per barrel mark, with Brent futures up 3.54% […]
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Western automakers outsourced supply chains for decades — now Chinese rivals have the cost edge
JINHUA, CHINA – JANUARY 13: Workers assemble new energy vehicles at an intelligent factory of electric vehicle enterprise Leapmotor on January 13, 2026 in Jinhua, Zhejiang Province of China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Politicians and auto industry leaders in the United States and Europe have […]
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Historic winter storms weigh on Gap, Old Navy performance after 800 temporary store closures
Pedestrians in the snow at Times Square during a winter storm in New York, US, on Sunday, Feb. 22, 2026. Bloomberg | Bloomberg | Getty Images Historic winter storms and subsequent store closures weighed on Gap’s performance during its holiday quarter and contributed to worse-than-expected results at its portfolio of brands, the retailer said Thursday. […]
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Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM
Vishal Garg, Better.com Source: Better.com The online mortgage platform Better has partnered with OpenAI to launch an app within ChatGPT that the companies said will dramatically reduce the time it takes to underwrite a mortgage or home equity loan, CNBC has learned exclusively. The app, to be announced later Thursday, takes Better’s mortgage engine and […]
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Iran foreign minister: Not asking for cease fire, warns U.S. invasion ‘would be a big disaster for them’
Iran’s foreign minister Abbas Araghchi, speaks during a press conference at the Lutfi Krdar Congress Center on the sideline of the 51st session of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC), in Istanbul on June 22, 2025. Ozan Kose | Afp | Getty Images Iran’s foreign minister said Thursday that […]
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U.S. crude oil tops $79 per barrel after Iran says it attacked a tanker
U.S. crude oil prices on Thursday broke above $79 per barrel after Iran claimed to have attacked a tanker. The price of West Texas Intermediate oil was last up 6.86%, or $5.12, at $79.78 per barrel, while global benchmark Brent rose 4.31%, or $3.51, to $84.91 per barrel at 11:30 a.m. ET. Oil prices have […]
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