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on 04/23/2026

U.S.-Iran war evolves into naval standoff over Strait of Hormuz after both countries seize ships

Brent oil has risen above $100 per barrel again as tanker traffic through the strait remains at a near standsill.

on 04/23/2026

Microsoft plans first-ever voluntary employee buyout for up to 7% of U.S. workforce

Microsoft's inaugural voluntary buyouts will be open to workers at the senior director level and below whose years of employment and age add up to 70 or more.

on 04/23/2026

Starbucks' loyalty program changes are drawing value-conscious customers

Starbucks made some major changes to its long-standing loyalty program last month.

on 04/23/2026

Trump administration moves to reclassify cannabis in major shift that could expand research

Trump administration to reclassify marijuana as Schedule III, easing research barriers but not legalizing the drug or changing current federal penalties.

on 04/23/2026

Trump's net approval rating on economy and overall falls to lowest of his two terms, CNBC survey shows

President Donald Trump's overall — and economic — approval ratings plunged in the latest CNBC All-America Economic Survey.

on 04/23/2026

Warner Bros. Discovery shareholders approve Paramount acquisition

Warner Bros. Discovery held a special meeting on Thursday for shareholders to vote on Paramount's proposed acquisition of the company.

on 04/23/2026

Kalshi traders don't see Strait of Hormuz traffic returning to normal until July

Chances that traffic returns to normal fell below 50% on Wednesday, according to Kalshi bettors, despite the U.S. and Iran extending the ceasefire.

on 04/23/2026

These charts show how Iran's economy is in freefall

Tehran's hardline rhetoric belies a brutal reality facing the regime and Iranian citizens: its economy, vulnerable even before the war, is now in tatters.

on 04/23/2026

American Airlines cuts 2026 earnings projections after surge in jet fuel

American Airlines cut its 2026 earnings forecast, becoming the latest airline to lower its outlook after a surge in fuel costs added billions to its expenses.

on 04/23/2026

Trump's lack of focus on economy is spooking Republicans as 2026 election looms

President Donald Trump has been posting a lot on social media about his White House ballroom, the Iran war, and Pope Leo XIV. Not much about rising gas prices.

on 04/23/2026

What $1 million buys you in real estate around the world

Luxury real estate in most major markets around the world continues to become more expensive, as the wealthy grow wealthier and more mobile.

on 04/23/2026

American Airlines CEO says merger with United would be 'bad for customers'

United CEO Scott Kirby floated the idea of a merger with American to a Trump administration official earlier this year, according to sources.

on 04/23/2026

'CAR' crash: Avis Budget stock plunge reminding some on Wall Street of GameStop

Shares of Avis Budget Group, ticker 'CAR,' soared from under $100 last month to a record high near $850 in early trading Wednesday before a sharp U-turn lower intraday.

on 04/23/2026

Kevin Warsh’s wealth shows how top family office employees can cash in

Top family-office employees like Warsh can co-invest with the families they work for, thanks to favorable regulation.

on 04/23/2026

Comcast beats revenue, earnings expectations as broadband losses improve

Comcast’s first-quarter earnings were lifted by NBC’s sports slate in February as well as fewer broadband customer losses than prior quarters.

on 04/23/2026

Meta is tracking employee keystrokes on Google, LinkedIn, Wikipedia as part of AI training initiative

As part of an AI initiative that tracks employee keystrokes and mouse clicks, Meta is monitoring use of popular sites like Google, LinkedIn and Wikipedia.

on 04/23/2026

Southwest Airlines forecasts quarterly earnings below estimates on higher fuel

The airline reported that revenue in its first-quarter period rose nearly 13% to $7.25 billion.

on 04/23/2026

LVMH CEO Arnault warns of 'world catastrophe' if Middle East conflict is not resolved

Arnault warned of "very serious" economic consequences of the Iran war after the conflict hit the luxury conglomerates first-quarter sales last week.

on 04/23/2026

Oil giant BP suffers shareholder revolt over climate transparency at tense AGM

Oil giant BP failed to get two motions passed, one of which would've permitted retiring two company climate disclosure obligations.

on 04/23/2026

Kalshi suspends, fines 3 congressional candidates in 'insider trading' enforcement actions

The incidents involved a candidate from Virginia seeking a Senate seat and candidates running for House seats from Minnesota and Texas.

on 04/23/2026

Tesla misses on revenue but beats on profit as auto margins jump

Tesla's stock has underperformed all of its megacap peers so far this year as global competition ramps up in the electric vehicle market.

on 04/23/2026

Gas prices are rising, but don't count on significantly lower car insurance premiums as a result

Reducing driving by 10% would save the average person just $27 a year on insurance, according to Insurify.

on 04/23/2026

Justin Trudeau tells CNBC that international organizations may no longer be fit for purpose

Trudeau reiterated Ottawa's call for world leaders to unite and adopt "microlateralism" where a small group of countries identify shared interests.

on 04/22/2026

ServiceNow stock sinks 14% as subscription revenue takes hit from Iran war

The software company beat expectations for earnings and revenue as it continued to expand its artificial intelligence offerings.