Trump says oil and gas prices won't fall until 'right after' midterm election
President Donald Trump said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections.

President Donald Trump said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections.
Jacob Coxon said in a post on X that Anthropic and OpenAI are "gambling with our lives."
Jacksonville Jaguars owner Shad Khan says NFL teams are still undervalued compared with teams in other professional sports leagues.
Treasury Secretary Scott Bessent's planned Republican convention speech in Dallas is raising questions about how politics could affect market confidence in him.
Amazon said Kevin Mandia, the founder and former CEO of cybersecurity company Mandiant, is joining its board of directors.
Republicans hope to build momentum as they sag in the polls ahead of November's midterm election, but some vulnerable candidates skip the event.
The Rams spent five years building their brand in Australia. This week, Los Angeles will face San Francisco in the NFL’s first regular-season game Down Under.
Trump disclosed more than 21,000 trades in 2025, while the House-passed restrictions Republicans are promoting apply only to Congress.
Bank of America CEO Brian Moynihan said the bank’s data shows consumer spending and credit remain healthy despite rising gasoline prices.
With stocks near all-time highs and bonds selling off, it's likely a good time for investors to consider rebalancing to their target risk, advisors said.
The domestic box office posted a record-breaking summer movie season, which was bolstered by an extra week of ticket sales and higher-priced premium screenings.
Robinhood's Vlad Tenev said public companies can’t control financial products built around their stock while acknowledging token holders don’t get voting rights.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
CoreWeave CEO Mike Intrator spoke to CNBC at the Goldman Sachs' Communacopia + Technology Conference this week.
Donald Trump retained major oil and gas investments as the Iran war has moved energy markets. CNBC analyzed his holdings, trades and estimated gains.
The U.S. denied Iran’s claim that it struck two American vessels as the two sides traded attacks near the Strait of Hormuz and Brent crude hit $100 a barrel.
Import bans on motorbikes, alcohol and dairy products are due to come into effect on Sept. 29 as the rift between the countries deepens.
As the Trump administration ramps up pressure on the Federal Reserve, consumers may be better served if senior officials back off, experts say.
Google on Wednesday said it would invest $15.1 billion into AI infrastructure in Finland, marking the tech giant's largest single investment in Europe.
Founded in 2024, Covenant is speeding up lower-cost missile manufacturing for the U.S. military.
These states provide strong minimum wages, worker protections and rights to organize, according to Oxfam's research.
Mortgage rates continue to climb, so more borrowers are turning to adjustable rate mortgages, which offer lower interest rates comparatively.
Interested parties could seek to move prediction markets to give a perceived boost to a candidate who is struggling to gain momentum or attention.
OpenAI says 10,000 of its agents solved the 90-year-old Navier-Stokes problem in 88 hours, but one mathematician has challenged the claim.