WTI Crude (Mar'23)
Airfare, produce and TVs: Which prices are falling for consumers
Key Points Consumers are seeing prices fall in certain pockets of the U.S. economy, even as the overall inflation rate remains elevated. Airline fares, produce, consumer electronics and energy are among the broad categories seeing declines, according to the consumer price index. President Donald Trump said Friday that gasoline prices had dipped to $1.98 per […]
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CNBC Daily Open: The Trump movie thriller no one wants to watch
An Oscar statue being set up on the red carpet for the 97th Academy Awards at the Dolby Theatre on Feb 28, 2025, in Hollywood, California. Aaronp | Bauer-Griffin | Getty Images Out of all the tariff actions U.S. President Donald Trump has announced, the 100% levy on movies produced outside the U.S. ranks as […]
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CNBC Daily Open: A tariff on movies is a typical Trump cliffhanger
The El Capitan Theatre’s marquee promoting the new Marvel film ‘Thunderbolts’ on May 2, 2025 in Hollywood, California, U.S. AaronP | Bauer-Griffin | Getty Out of all the tariff actions U.S. President Donald Trump has announced, the 100% levy on movies produced outside the U.S. ranks as one of the most bizarre, taking its place […]
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Australia stocks open flat as investors assess trade developments in Asia-Pacific
SHANGHAI, CHINA – APRIL 29: Pedestrians walk by lampposts decorated with Chinese national flags prior to May Day holiday on April 29, 2025 in Shanghai, China. (Photo by Wang Gang/VCG via Getty Images) Vcg | Visual China Group | Getty Images Australia stocks opened flat Tuesday as investors assessed trade developments between the U.S. and […]
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U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June
Logo of the Organization of the Petroleum Exporting Countries (OPEC) Andrey Rudakov | Bloomberg | Getty Images U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month. U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent […]
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Hong Kong stocks lead gains in Asia as China evaluates possibility of trade talks with the U.S.
Hongdae street in Seoul city, South Korea Twenty47studio | Moment | Getty Images Asia-Pacific markets rose after China said that it was evaluating possible trade talks with the U.S. Markets in the region also trailed gains on Wall Street after all three key benchmarks advanced overnight on optimism that a slowdown in the global economy […]
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Trump says any country that buys oil from Iran will not be allowed to do business with U.S.
President Donald Trump said Thursday any country or person that buys oil or petrochemicals from Iran will not be allowed to do any business with the U.S. U.S. crude oil futures rose $1.03, or 1.77%, to close at $59.24 per barrel, while global benchmark Brent gained $1.07, or 1.75%, to settle at $62.13. Iran is […]
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Oil industry that Trump wants to ‘drill, baby, drill’ has taken a beating since he took office
An operator for Baker Hughes conducts a wireline survey on a Chesapeake Energy natural gas rig in the North Texas Barnett Shale near Burleson, Texas. Matt Nager | Getty Images President Donald Trump wants the oil and gas industry to “drill, baby, drill” in pursuit of his energy dominance agenda, but the companies involved in […]
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Asia-Pacific markets trade sluggishly as impact of Trump tariffs on Wall Street’s earnings loom
Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy concept Prasit Photo | Moment | Getty Images Asia-Pacific markets had a sluggish open as investors awaited the extent of the impact of U.S. President Donald Trump’s tariffs […]
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Asia-Pacific markets rise as investors await further stimulus from China
Shanghai urban skyline and the bund, China. Comezora | Moment | Getty Images Asia-Pacific markets rose higher Monday as investors await further stimulus measures from China as well as developments in trade negotiations between the U.S. and countries in the region. Over the weekend, China’s finance minister Lan Fo’an said that the Asian powerhouse will […]
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