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Stocks shake off Tuesday’s oil rise — plus, Amazon debuts even faster delivery
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Haven’t seen this much since the Iran war started : Oil prices up and stocks up, together. Crude and equities have largely had an inverse relationship […]
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Amazon rolls out 1-hour, 3-hour delivery as ultrafast shipping trend grows in the U.S.
A worker delivers Amazon packages in San Francisco, California, on Feb. 2, 2026. David Paul Morris | Bloomberg | Getty Images Amazon said Tuesday it’s starting one-hour and three-hour deliveries in parts of the U.S., as the company continues to look for ways to satisfy impatient consumers. The company said three-hour delivery is available in […]
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U.S. companies should give Trump tariff refunds to workers as bonuses or raises: Greer
Jamieson Greer, US trade representative, during a Bloomberg Television interview outside the White House in Washington, DC, US, on Friday, Dec. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images “The whole reason the president imposed these tariffs was to try to reshore, affect our massive imbalance in trade that we’ve experienced over many years […]
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How the Iran war could start to impact U.S. retail prices
The Iran war could soon mean higher prices on store shelves for consumers. Iran’s effective closure of the Strait of Hormuz passage has significantly disrupted the global supply chain, affecting goods from fertilizers to metals to gas and fuel. The passage is a critical point, funneling tens of millions of barrels of oil daily along […]
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U.S. launches fresh Section 301 probes into 60 economies over forced-labor trade practices
Scott Bessent, US treasury secretary, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Thursday, Feb. 5, 2026. Kent Nishimura | Bloomberg | Getty Images The U.S. on Thursday launched new trade investigations into 60 economies to determine whether they failed to curb imports of goods made with […]
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Trump tariffs: Martin Heinrich bill would give families tax rebate for higher import costs
Sen. Martin Heinrich (D-NM) sits in a Monarch MK-V Electric Tractor during an event showcasing various electric trucks near Capitol Hill on June 7, 2023 in Washington, DC. Drew Angerer | Getty Images Sen. Martin Heinrich, D-N.M., introduced a bill Thursday to create a new tax rebate for individuals and families hit by the cost […]
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Amazon wins court order to block Perplexity’s AI shopping agent
The Perplexity app in the Apple App Store on a smartphone arranged in Washington, June 1, 2025. Stefani Reynolds | Bloomberg | Getty Images A federal judge temporarily blocked startup Perplexity from accessing Amazon‘s site with its Comet artificial intelligence browser, according to court filings. Amazon sued Perplexity in November, alleging the startup took steps […]
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Lego keeps beating the toy industry. Its secret weapon is not what you’d expect
Lego just put up another banner year — with help from a behind-the-scenes secret weapon. The Danish company on Tuesday reported a 12% jump in revenue to 83.5 billion Danish kroner, or $12.9 billion, for fiscal year 2025. Operating profit rose 18% year over year to 22 billion Danish kroner, or $3.4 billion, the company […]
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Trump tariffs: Customs and Border Protection tells judge it can’t comply with refund order
The US Customs and Border Protection (CBP) headquarters in Washington, DC, US, on Wednesday, May 10, 2023. Bloomberg | Bloomberg | Getty Images Read more CNBC politics coverage Eaton on Wednesday ordered CPB to calculate the cost of bringing in shipments into the United States without assessing a tariff, and told the agency to make […]
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Amazon online store suffers outage for some users
An Amazon facility on Amazon Prime Day in the Queens borough of New York, US, on Tuesday, July 8, 2025. Klaus Galiano | Bloomberg | Getty Images Amazon‘s website and shopping app were down for some users on Thursday, leaving consumers unable to check out, access account information or view product prices. Trouble on the […]
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