United States
Coinbase clears key regulatory hurdle in bid to bolster its stablecoin business
Costfoto | Future Publishing | Getty Images Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank, the company said Thursday. If finalized, the crypto exchange will be able to operate payment products in addition to its custody business under federal supervision, Coinbase chief […]
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Trump’s White House ballroom gets final approval days after a judge ordered a halt to construction
US President Donald Trump holds a rendering of the East Wing modernization as he speaks to reporters aboard Air Force One en route to Joint Base Andrews, Maryland, on March 29, 2026. Mandel Ngan | Afp | Getty Images President Donald Trump’s White House ballroom won final approval from a key agency on Thursday, days after a federal judge […]
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Trump’s Iran war speech paints a grim picture for oil markets with more than 600 million barrels at risk
President Donald Trump has doubled down on the U.S. war against Iran, spiking oil prices Thursday as traders prepare for a longer conflict that will exacerbate the already deep disruption to global energy supplies. The oil market had hoped Trump would present a clear exit strategy during his national address Wednesday night. Instead, the president […]
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Amazon to add 3.5% fuel and logistics surcharge for sellers as Iran war drives up energy prices
An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company’s busiest days, at an Amazon fulfillment center in Orlando, Florida, on Dec. 2, 2024. Miguel J. Rodriguez Carrillo | Getty Images Amazon is adding a 3.5% “fuel and logistics-related surcharge” to fees it collects from third-party sellers who use its […]
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Iran and Oman drafting protocol to ‘monitor’ Hormuz Strait traffic: IRNA
A satellite view of the Strait of Hormuz, a strategic waterway between Iran and Oman that links the Persian Gulf to the Arabian Sea. Gallo Images | Getty Images Iran and Oman are drafting a protocol to “monitor transit” through the Strait of Hormuz, Iranian state news agency IRNA reported Thursday morning, citing an official. […]
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Trump administration prepares up to 100% pharmaceutical tariffs on some imported drugs
The Trump administration is preparing to impose new tariffs on branded drugs from pharmaceutical companies that have not struck landmark deals with the president to lower their U.S. drug prices, CNBC has learned. Patented medications and their active ingredients would be hit with a 100% tariff, according to a draft of the document obtained by […]
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Grocery shock on the horizon for approaching U.S. elections as Iran war drags on
A customer shops in a grocery store on March 11, 2026 in Miami, Florida. Joe Raedle | Getty Images Rising grocery prices in the U.S. as the result of the Iran war could be among the most politically damaging outcomes of the conflict just months before a critical U.S. election. Two years earlier, President Donald […]
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Starbucks to award bonuses to baristas, expand tipping to promote turnaround efforts
A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela | Reuters Starbucks will award baristas and shift supervisors quarterly bonuses of $300 if their stores hit certain targets to aid the coffee chain’s turnaround efforts, the company said Thursday. The program will begin in July, with the first payout coming in […]
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Tesla reports 358,000 first-quarter vehicle deliveries, down 14% from last quarter
Tesla posted its vehicle deliveries and production report for the first quarter of 2026, showing a drop from the prior period but mild growth from a year earlier. Tesla has recorded annual declines in the past two years. Here are the key numbers: Total Q1 vehicle deliveries: 358,023 Total Q1 vehicle production: 408,386 Analysts were […]
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One year on from Trump’s ‘liberation day,’ global investors are rethinking American exceptionalism
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025. Leah Millis | Reuters A year ago, on April 2, 2025, U.S. President Donald Trump appeared in the White House Rose Garden with an announcement that would become one of the defining […]
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