Brent oil tops $110 again after Chinese ships are turned away from Strait of Hormuz
Oil prices traded higher after U.S. President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz.
Markets now see the Fed's next move as a potential rate hike as inflation fears mount
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
Senate advances DHS funding bill, tees up House vote to end shutdown as TSA lines at airports stretch
Funding for the Department of Homeland Security lapsed in February, leading to chaos at airports.
Novartis shells out $2 billion for immunology biotech Excellergy, in second multi-billion dollar deal in a week
The Swiss pharma giant is betting on a next-generation allergy treatment that may prove to work faster and better than anything currently on the market.
Iran war wipes out $100 billion from luxury stocks
Dubai in the UAE has been the biggest driver of growth in recent years, and the Middle East tensions come at a critical time in the luxury industry.
Netflix raises prices across all streaming plans
The price hike comes as Netflix has been investing heavily in its content, including new ventures into the live events space and launching video podcasts.
Why one hedge fund veteran is urging investors to 'prepare for the worst'
DBi's Andrew Beer suggests the market's crystal ball is broken.
David Sacks says his time as Trump's crypto and AI czar has ended
The venture capitalist said he will still be a part of the White House's Technology committee and will help push Trump's AI plan forward.
Elon Musk's Boring Co. tunnels aren't wanted by most Nashville residents
A new survey by Vanderbilt University found that most Nashville residents don't want Boring Company tunnels in their city.
Inifiniti hopes new SUV can turn around fortunes in the U.S.
Infiniti is releasing a new midsize SUV, the QX65, in an effort to turn around sales in the U.S. market.
Sen. Warren rips Federal Reserve chair pick Kevin Warsh: 'You have learned nothing from your failures'
Kevin Warsh's nomination as chair of the Federal Reserve has been in limbo because of a criminal investigation of Chair Jerome Powell.
AstraZeneca stock jumps 4% after surprise trial win for lung disease drug where rivals have failed
The experimental drug reduced flare-ups for patients with chronic obstructive pulmonary disease, Astra said Friday.
Anthropic wins preliminary injunction in DOD fight as judge cites 'First Amendment retaliation'
A federal judge in San Francisco granted Anthropic's request for a preliminary injunction in its lawsuit against the Trump administration.
Target faces a new boycott over ICE response as retailer presses ahead with turnaround
It is unclear if and how much the AFT boycott could hurt Target, which is trying to win back shoppers and return to sales growth.
MLB faces a historic shift as potential lockout, media rights and other league changes loom
Several changes await MLB after this season, including its CBA's expiration, new media partners, and potential expansion and league realignment.
Family caregivers now provide $1 trillion worth of care annually, AARP finds
About 59 million caregivers provide care for loved ones, representing $1.01 trillion in total economic value annually, according to a new AARP report.
American is 'seriously considering' bringing back seat-back screens to narrow-body fleet, in in-flight revamp
American Airlines is considering a big upgrade to its in-flight entertainment and internet providers, including potentially bringing back seatback screens.
U.S. ambassador to EU: Stop fining Big Tech
Andrew Puzder sat down for an interview with CNBC's Ian King.
United Airlines, flight attendants reach labor deal for first raises since pandemic
United Airlines and its flight attendants union reached a new labor deal.
Foreign investors pull a record $12 billion from Indian stocks, sparked by Iran war
Foreign investors are pulling out a record $12 billion from Indian equities as the Iran conflict drives up energy costs and raises doubts on economic growth.
‘All bets are off’: European borrowing costs hit 15-year highs as investors brace for rate hikes
Bonds issued by various European countries continued to sell off on Friday, deepening a rout that has been mostly continuous since the U.S.-Iran war began.
Meta boosts investment in West Texas AI data center by over sixfold to $10 billion
Meta is increasing investment at a data center in El Paso, Texas, to $10 billion from $1.5 billion, as the company ramps up spending on AI infrastructure.
Federal Reserve urges judge to deny bid to revive Jerome Powell probe subpoenas
President Donald Trump, in his latest jibe at Federal Reserve Chair Jerome Powell, called him a "moron,' and blasted him over keeping interest rates too high.
'Not unlike tariffs': Iran war threatens to deepen Asia private equity's worst fundraising slump in a decade
The Middle East war has introduced a new layer of uncertainty for Asia-focused private equity managers already navigating a multiyear fundraising slump.