United States
North Korea fires 10 ballistic missiles during U.S.-South Korea military drills
People sit in front of a television screen showing a news broadcast with file footage of a North Korean missile test, at a train station in Seoul on January 27, 2026. (Photo by Jung Yeon-je / AFP via Getty Images) Jung Yeon-je | Afp | Getty Images North Korea fired more than 10 ballistic missiles […]
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Trump says U.S. ‘obliterated’ military targets on Iran’s Kharg Island but didn’t ‘wipe out’ oil infrastructure
A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026 Planet Labs Pbc | Via Reuters U.S. President Donald Trump said on Friday that he directed the U.S. Central Command to carry out a bombing raid, hitting military targets on Iran’s Kharg Island. “Moments ago, at my direction, the United […]
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Judge blocks subpoenas in criminal probe of Fed Chair Jerome Powell
Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on October 29, 2025 in Washington, DC. Alex Wong | Getty Images News | Getty Images A federal judge has blocked subpoenas issued to the Federal Reserve as part of a criminal […]
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Trump can’t ‘drill, baby, drill’ his way out of this Iran-inspired oil crisis: Experts
President Donald Trump promised to “drill, baby, drill” on the presidential campaign trail. It’s not going to bail him out of this oil crisis spurred by the war he started in Iran, lawmakers and analysts say. Trump and Republicans last year aggressively ramped up policies favorable to fossil fuels after romping to an electoral victory […]
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Analysis: The U.S. is running out of ways to get oil prices down. It is up to the military.
The Trump administration has rolled out a series of measures to attempt to blunt the blow of the Iran-driven oil-price hike, and yet prices remain stubbornly high. As the war rolls on, it is becoming clear there isn’t much the U.S. or any other government can do to provide relief from higher oil prices short […]
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Blackstone is a major seller in January commercial real estate deals
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. After […]
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Starbucks union sent the company a proposed contract. Here’s what baristas want
Starbucks union members and their supporters, including baristas who have just walked off the job, effectively closing a local branch, picket in front of the store, Feb. 28, 2025 in New York City. Andrew Lichtenstein | Corbis News | Getty Images Starbucks Workers United presented the company with a comprehensive proposed contract last month, the […]
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Iran war oil shock stokes fears of 1970s-style stagflation — why this time could be different
Key Points Fears of higher prices and slower economic growth have unsettled markets over the past week following a spike in the oil price. Investors fear the specter of stagflation and what it could mean for their portfolios, but 2026 looks different to the 1970s for several reasons. Back then, a spike in oil prices […]
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Cuba’s president confirms talks with U.S. — but warns an agreement will take time
A pedicab drives past a traffic light that is out due to a power cut in Havana on March 4, 2026. Yamil Lage | Afp | Getty Images Cuba’s government has held talks with Donald Trump’s administration, the country’s president, Miguel Díaz-Canel, said on Friday. It confirms speculation that the two countries were talking after […]
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Blackstone’s BREIT is a major seller in January commercial real estate deals
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. After […]
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