Global oil prices top $91 a barrel after U.S. and Iran exchange fire for the first time in a month
Every extra dollar in oil prices now lands in a market that has suddenly rediscovered the possibility of another interest-rate hike.
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Bank of England chief warns new AI models threaten global financial stability
The growing threat posed by advanced artificial intelligence models could trigger a disorderly correction in global financial markets, according to Bank of England Governor Andrew Bailey.
Wall Street banks are keeping astronomical price targets on SpaceX’s stock as it struggles to achieve post-IPO exit velocity
The AI boom features Citigroup’s $12 trillion market-capitalization projection for SpaceX. Here’s what investors need to know about investment-bank research.
Corn Pushes Gains into the Weekend as Specs Expand Length
Corn futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied 28 ¼ cents on the week, with December 28 cents. The CmdtyView national average Cash Corn price was b…
The travel shoulder season is shrinking — and so are the savings
Traveling during the shoulder season is often touted as a reliable way for people to save money compared with budget-busting travel during the summer months.
Aon CEO says insurance broker seeks to build 'premiere middle market platform' with purchase of rival USI
Insurance broker Aon announced on Monday it will purchase rival USI Insurance Services from private equity firm KKR.
BofA sees continued inflation pressure on consumer staples
As we extended our lead over the S&P 500, we locked in big gains on several positions, added to new holdings and made other buys.
Crypto exchange Gemini not at fault for collapse of Earn lending program, arbitrator says
Gemini Space Station scored a legal victory earlier in August after an arbitrator found the crypto exchange did not mislead users and was not at fault for the collapse of its Earn lending program.
Santoli: Why investors should be on high alert heading into September
In markets as in movies, suspense builds through the slow, quiet scenes of the second act.
Record Profits and AI Spending Are Making It Harder for Warsh to Stay Patient
The stock market loves a fresh narrative. Every time a new Federal Reserve chair takes office, investors immediately begin looking for clues about what comes next: lower rates, higher rates, easier money, tighter policy…
U.S.-Iran escalation shows Washington's frustration with slow-moving sanctions
The escalation in hostilities between the U.S. and Iran over the weekend shows the U.S. is running out of patience with the slower-moving sanctions approach, according to analysts.
Russia preparing 'massive strikes' on Ukraine's energy sites after deadliest attack of the year
Russia's Defense Ministry said it is planning "massive strikes" on Ukraine's energy infrastructure, days after launching a devastating attack on a warehouse near Kyiv, amplifying fears of another winter assault.
BYD shares slide as fierce China competition dents first-half earnings
Shares of Chinese electric-vehicle giant BYD fell nearly 5% in Hong Kong on Monday, following the release of its interim results on Friday.
China's Xi builds diplomatic clout with multiple state visits ahead of Trump summit
Xi has "sharply curtailed foreign travel in recent years, so his busy upcoming travel schedule is a significant gauge of his priorities," Gabriel Wildau, managing director at Teneo, told CNBC in an email.
Jackson Hole analyst roundup: Warsh's speech sends hike chances higher, may put Fed `at odds' with Treasury
Federal Reserve Chair Kevin Warsh's stance in his speech at the Jackson Hole meeting was unexpectedly hawkish, boosting market expectations for a rate hike next month.
China's factory activity shrinks for second straight month, contracting less than expected
China's manufacturing activity in August shrank for a second straight month, though by less than market estimates, keeping the pressure on Beijing to support the economy as growth loses momentum.
Asia stocks slip on growing Fed hike bets, fresh Middle East tensions
Global benchmark Brent edged higher to $91.15 a barrel after President Donald Trump said he wasn’t interested in extending the expiring agreement with Iran and fighting flared anew in Lebanon.
Goldman Sachs sends blunt message on oil price, economy
Brent crude rose from $72 in late February to above $118 in March when the Strait of Hormuz effectively closed.
U.S. stock futures slip as chances of rate hike rise after Warsh’s Jackson Hole comments
U.S. stock-index futures declined on Sunday, as investors ponder the likelihood of a fresh interest-rate hike and look ahead to fresh labor data and tech earnings this week.
Oil rises over 1% after U.S. forces strike two Iranian rocket launchers on Larak Island
Oil rose Monday, amid heightened concerns over supply disruptions after U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday.
U.S., Iran trade attacks as hostilities escalate once again
American forces struck two Iranian rocket launchers on Larak Island on Sunday after the military said Revolutionary Guard forces were preparing rockets carrying sea mines for launch into the Strait of Hormuz, U.S. Centr…
K-beauty giant APR's shares up 100% this year ahead of U.S. Costco launch in September
Shares of South Korean beauty company APR have surged nearly 100% this year as the K-beauty company rapidly expands its presence in the U.S.
Trump-promoted Freedom Fuel stations sold gas a distributor says went unpaid for
The Freedom Fuel Network made national headlines back in July when President Donald Trump praised the gas station chain for selling fuel at steeply discounted prices. A lawsuit by a Georgia-based fuel supplier alleges t…
Stocks Fall as Hawkish Warsh Boosts Fed Rate Hike Chances
The S&P 500 Index ($SPX) (SPY) closed down by -0.25% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.70%. E-mini S&P futures (ESU…