Iran is in the 'process of blinking' over the Strait of Hormuz, Petraeus says
Ex-CIA director David Petraeus said that an initial successful peace deal with Tehran would see the Strait opened without any conditions.
Oil market at 'tank bottoms' in Asia, and Europe isn't far behind, warns market veteran Jeff Currie
Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said Carlyle's Jeff Currie.
Huawei plans new smartphone chips this fall as rivalry with Nvidia and Apple heats up
Chinese telecom giant Huawei announced Monday a new way of designing chips that improves their capabilities, despite U.S. restrictions on the company.
When are prediction markets most helpful? Evercore ISI has a formula
Evercore ISI strategists provide insight for when prediction markets are useful for forecasting.
Boosting retirement savings has a less-appreciated benefit
Saving more money has a dual benefit that often goes unnoticed, according to financial advisors.
Americans are 'entrenched' in financial stress amid debt and price pressures
Inflation and high debt levels continue cause financial anxiety for many Americans. Nonprofits can help with debt mangement.
Delivery Hero shares rise 10% as rival Uber mulls another takeover bid
Delivery Hero confirmed in a statement on Saturday that it had received a takeover offer from Uber of €33 per share.
European stocks highest since March 2 as U.S.-Iran talks continue; euro zone bond yields drop on peace hopes
Stocks in Europe are tracking their Asian counterparts higher after Japan's Nikkei 225 breached 65,000 for the first time.
Singapore reports lower-than-expected inflation for April at 1.8%, revises economic growth higher
Core inflation — which strips out prices of private transport and accommodation — came in at 1.4%, against estimates of 1.7%.
Beware the boom and bust cycle of memory stocks, investors warn amid AI excitement
"In the long run, it's a pretty dreadful industry," William de Gale of BlueBox Asset Management, told CNBC's Europe Early Edition on Wednesday.
Japan’s Nikkei 225 tops 65,000 for first time as oil falls on Hormuz reopening hopes
Japan’s Nikkei 225 breached 65,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading.
'The Mandalorian and Grogu' is Disney's lowest-ever Star Wars film opening
Disney's "The Mandalorian and Grogu" tallied and estimated $82 million in domestic ticket sales through its first three days in theaters.
Americans are feeling inflation's pinch into the holiday weekend. Here's where prices are rising the most
Prices related to travel, recreation and food saw particularly steep increases, stretching Americans' wallets as they celebrate the unofficial start of summer.
Here are the 3 big things we're watching in the stock market in the week ahead
The holiday-shortened week of trading will address key debates including AI's impact on software and inflation.
The Middle East war is testing the Gulf's ambitions to become an AI hub
Attacks on data centers in the Middle East and persistently high energy prices have altered the calculus for operators of the facilities, analysts say.
Top Wall Street analysts like these dividend stocks for steady income
Amid ongoing uncertainty, investors seeking consistent income can consider adding dividend stocks to their portfolios.
Move over, seltzer. Non-carbonated drinks are taking the spotlight
Non-carbonated alcoholic drinks like Surfside and BeatBox are stealing "share of throat" from hard seltzers, particularly among Gen Z.
'I never heard of the Strait of Hormuz before this': How one medical supply CEO is navigating the oil price shock
Medical supply company Gentell sources raw materials from around the world, and the crisis at the Strait of Hormuz is causing volatility for its business.
Spirit's collapse, high fuel prices test limits of summer vacation spending
The unofficial start of the summer travel season on Memorial Day weekend will show just how much travelers want to fly and how much they're willing to pay.
I’ve worked with over 1,000 kids—the ones with the best people skills use these 6 phrases
"Strong people skills are not the same as people-pleasing," says child life specialist and therapist Kelsey Mora, who's supported thousands of kids and families.
Barriers grow for international students seeking U.S. jobs: The 'American dream ... is collapsing'
International graduates say a weak hiring market and changing immigration rules make it harder for them to achieve their American dream of working in the U.S.
‘Blue dot fever’? What's really behind a tricky summer dynamic for live music
As prices rise everywhere, consumers are choosing to be more intentional with how they're spending on live music and concerts this year.
Stephen Colbert returns to TV in appearance on local Michigan station
A day after his last episode of “The Late Show” on CBS, Colbert found his way back to a television hosting gig for one night.
Millennials spend $252 on an average date, BMO finds — and social media is spiraling over 'date-flation'
Dating costs are rising faster than inflation, pushing many Americans to go on fewer dates, choose cheaper plans or skip dating altogether.