Oil prices jump 2% after Iran says it targeted U.S. airbase following fresh American strikes
Oil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz.
Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
Ro Khanna is taking his economic message on the road. Will it lead to the White House?
Rep. Ro Khanna wasn't in the Rust Belt to campaign. But he could be soon.
Snowflake rockets 36% on earnings beat and plan to spend $6 billion on Amazon cloud
Snowflake is going deeper with Amazon's Web Services, and plans to use its Arm-based Graviton chips.
More monthly auto loan payments are above $1,000, and most are not for luxury models
The top five models for the $1,000-plus payments were popular pickup trucks including the Ford F-150, Chevrolet Silverado 1500 and Ram 1500.
Kohl's stock jumps as slumping retailer says sales trends are improving
Kohl's reported its best comparable sales growth in four years on Thursday even as it saw revenue decline.
Oura is launching its smallest smart ring yet, shrinking wearable design by 40%
Oura, the smart ring maker, is set to launch what it says will be the smallest smart ring available in the growing wearables market.
Trump Accounts app launches — here's how to get started
Families can now download a Trump Accounts app to track the new investment accounts, which offer a $1,000 pilot program contribution for eligible children.
More workers are raiding their 401(k)s as average balances fall, Fidelity says
Retirement account balances sank at the start of 2026 amid market swings, according to Fidelity. At the same time, more savers tapped their accounts for cash.
CVS to restore coverage of Zepbound, add Eli Lilly's obesity pill to drug plans
CVS will add Zepbound coverage on Oct. 1, and start covering Lilly's newly approved Foundayo pill on June 1.
Best Buy beats on top and bottom lines as retailer aims to reinvigorate sales
Best Buy reported better-than-expected earnings on Thursday as the company works toward turning around its sales slump.
Ferrari CEO defends $640,000 price tag for its first fully electric car
Ferrari CEO Benedetto Vigna on Thursday said the cost of the manufacturer's new Luce model was a fair price to pay for innovation.
Rally in chip stocks becomes the most hated in history. Here's the data
The rally in semiconductor stocks is so incredible, traders can't help but bet against it.
This AI stock is surging after an ex-OpenAI employee's fund disclosed a stake. Here's why
Dutch cloud provider Nebius popped in premarket trading after an ex-OpenAI employee's fund took a sizeable stake in the firm,
Mistral to explore designing own chips, CEO says, as it ramps up infrastructure build
Mistral's semiconductor ambitions underscore the French startup's bid to control more of its infrastructure as it competes with OpenAI and Anthropic.
Here's why Dick's Sporting Goods latest quarter signals a bright spot for Nike
We took some solace in the Dick's quarter as it relates to beleaguered Nike, a stock on borrowed time in the portfolio.
Warren: State Department didn't seek TRANSCOM aid in evacuating Americans from Middle East
Democrats have been critical of the Trump administration's handling of Americans stuck in the region after the start of the Iran war.
Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC
While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.
Salesforce beats on earnings and revenue but full-year guidance comes in light
Salesforce has been hammered by investors on concern that artificial intelligence models and services will disrupt some traditional software products.
Why Ferrari’s rocky EV launch may not be the disaster investors fear
Ferrari has endured a firestorm of criticism following the launch of its first fully electric vehicle.
Ousted BP chair Albert Manifold rejects ‘lies’ over his conduct
BP's board on Tuesday announced the removal of Manifold due to "serious concerns" relating to governance standards, oversight and conduct.
Google employee charged with $1M Polymarket insider trading bet on search term
The complaint from the Southern District of New York comes just over a month after another insider trading case on Polymarket.
Fed’s Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape'
The Minneapolis Fed President warned that persistently high inflation risks becoming embedded in consumer expectations, potentially forcing tougher policy action later.
Dell wins a $9.7 billion Pentagon software deal after cozying up to Trump
The purchase comes after Dell spent considerable time courting the White House and after President Trump urged purchases of the company's computers.