The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising
Oil prices have surged more than 17% since the International Energy Agency announced the largest release of crude stockpiles in its 50-year history.
Trump says U.S. 'obliterated' military targets on Iran's Kharg Island but didn't 'wipe out' oil infrastructure
President Trump said in a Truth Social post that he directed U.S. Central Command to execute a bombing raid that "obliterated" military targets on Kharg Island.
Berkshire Hathaway filing provides glimpse of share buyback resumption
Berkshire Hathaway filed its definitive proxy statement with the SEC late this afternoon ahead of the company's annual shareholders meeting on May 2 in Omaha.
As New York Mayor Zohran Mamdani faces $7 billion budget hole, free parking may be history
New York City Mayor Zohran Mamdani is facing a $7 billion budget hole, and the free parking NYC residents have taken for granted may be a revenue opportunity.
Bitcoin beat the S&P 500, Nasdaq Composite and gold since the start of the Iran war
ProShares' Simeon Hyman is highlighting a bullish bitcoin trend.
A Paramount-Warner Bros. movie slate could rule the 2027 box office, but is it sustainable?
Paramount CEO David Ellison has said he wants to make 30 movies a year and has franchises like Godzilla-Kong, Superman and Sonic the Hedgehog to lean on.
Analysis: The U.S. is running out of ways to get oil prices down. It is up to the military.
Iran's threat to the Strait of Hormuz can't be fixed by releasing oil from strategic petroleum reserves.
IRS paper check changes trigger tax refund delays for more than 830,000 filers
Many filers could see tax refund delays amid the IRS shift away from paper checks. Here's what to know if you receive a CP53E notice.
Older women set to inherit most of $54 trillion in ‘great wealth transfer’ to widowed spouses
Because females have longer life expectancies, most of the spousal transfer of assets due to death is expected to go to women. Advisors say they should prepare.
DOJ to appeal judge's decision to block Fed subpoenas in Powell criminal probe
Federal Reserve Chair Jerome Powell is purportedly being investigated for comments he made about the pricey renovations of the Fed's headquarters.
Kalshi co-founder Luana Lopes Lara on the biggest prediction markets risks she has ever taken
Luana Lopes Lara, co-founder of prediction markets startup Kalshi, tells CNBC about the biggest bets she ever made on the way to billionaire status.
Trump says he thinks Putin is helping Iran
Russian leaders told President Trump they aren't sharing intelligence with Iran as it fights the U.S. and Israel, special envoy Steve Witkoff said this week.
Did tariff dividend checks just become more likely? Economists weigh in
Months after President Donald Trump suggested sending Americans a $2,000 tariff dividend check, there's a chance households could see that stimulus in 2026.
Nvidia's GTC will mark an AI chip pivot. Here's why the CPU is taking center stage
Nvidia and AMD are seeing huge demand for CPUs and Jensen Huang is poised to unveil details for processors specialized for agentic AI at the GTC conference.
Week in review: How we navigated the Iran war-driven surge in oil that slammed stocks
The S&P 500 suffered its first three-week losing streak in roughly a year.
NFL, Paramount discussing media deal that could mean CBS pays an extra $1 billion or more
The NFL is discussing getting rid of its 2029-30 opt-out clause in exchange for an increase on TV rights that could push CBS to pay more than $3 billion a year.
27-year-old Amazon employee relocated from India to Ireland and spends up to $2,927 a month: 'My quality of life has improved'
Suras Nayak moved to Ireland in 2025 and works as a software development engineer at Amazon.
Mortgage rates surge to highest since September, hitting spring housing market
Mortgage rates jumped to a seven-month high Friday as war in Iran pushed bond yields higher.
Uber ex-CEO Kalanick rebrands latest venture Atoms, expands into mining and transport
Travis Kalanick is renaming City Storage Systems to Atoms, while focusing on robotics for mining and transportation.
Berkshire Hathaway will start repurchasing its own shares—what buybacks mean for investors
Large U.S. firms spent about $1 trillion on their own shares in 2025, according to Morningstar estimates.
Trump can't 'drill, baby, drill' his way out of this Iran-inspired oil crisis: Experts
Oil prices have skyrocketed in the days since President Donald Trump's war on Iran began.
AI agents could easily send college grad unemployment over 30%, ServiceNow CEO says
Technology companies, including Block and Atlassian, have already cut jobs this year due to AI adoption.
Average IRS tax refund is up 10.6%, filing data shows
The average IRS tax refund is up 10.6%, based on filing data. Here's what you can expect.
Elon Musk says xAI must be 'rebuilt' as co-founder exodus continues, SpaceX IPO awaits
With xAI now in the hands of SpaceX, Elon Musk says he's rebuilding the artificial intelligence company following high-level departures.