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.
TSMC reported monthly sales revenue for August on Thursday.
Coinbase CEO Brian Armstrong says U.S. crypto regulation could move forward regardless of the outcome of the Clarity Act.
The UBS top boss cautioned that investors face an increasingly complicated environment given multiple headwinds.
Jacob Coxon said in a post on X that Anthropic and OpenAI are "gambling with our lives."
The central bank is contending with rising prices, the consequences of the U.S.-Iran war, and surging government borrowing costs.
Samsung is drawing more iPhone users to its foldables as Apple’s rumored entry threatens to reshape the market.
Fetterman, of Pennsylvania, vowed to "work with President Trump to fight and defend the steel way of life right here in the Steel Valley."
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.
Visa, Mastercard and Ant International are working on common standards for AI-agent payments — including ways to verify and monitor their transactions.
Jacksonville Jaguars owner Shad Khan says NFL teams are still undervalued compared with teams in other professional sports leagues.
Treasury Secretary Scott Bessent's Republican convention speech in Dallas is raising questions about how politics could affect market confidence in him.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
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.
Trump disclosed more than 21,000 trades in 2025, while the House-passed restrictions Republicans are promoting apply only to Congress.
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.
India's ambition to create a self-reliant energy ecosystem by expanding its renewable energy footprint is facing a China problem.
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.
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.