A Swedish Air Force Saab JAS 39 Gripen jetfighter takes part in the NATO exercise as part of the NATO Air Policing mission, in Alliance members’ sovereign airspace on July 4, 2023. John Thys | Afp | Getty Images Shares of Swedish defense giant Saab jumped on Friday morning, after the company reported stronger-than-expected profit and sales…
Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation’s offshore oil assets in the South American nation of Guyana, Exxon CEO Darren Woods told CNBC’s Becky Quick on Friday. The ruling by the International Chamber of Commerce in favor of Chevron clears the way for the oil major to complete its $53…
People walk by the Burberry store on East 57th Street during Memorial Day weekend on May 25, 2025 in New York City. Craig T Fruchtman | Getty Images Entertainment | Getty Images American shoppers are buying into the allure of British heritage fashion, providing a glimmer of hope for beleaguered Burberry‘s turnaround even as U.S….
Visitors to the United States will need to pay a “visa integrity fee,” according to a provision of the Trump administration’s recently enacted One Big Beautiful Bill Act. The fee applies to all visitors who need non-immigrant visas to enter, and cannot be waived. However travelers may also be able to get the fees…
Aerial view of a ship at sea. Suriyapong Thongsawang | Moment | Getty Images The European Union has reached an agreement on a new sanctions package against Russia, which includes a lower price cap for Moscow’s crude oil barrels. Within a year of Russia’s 2022 invasion of Ukraine, the G7 and EU restricted the price…
Digital generated image of a futuristic financial dashboard with holographic displays of various stock market graphs and data visualizations. The scene includes detailed graphs with line and bar charts, real-time data feeds, and transparent screens, indicating a high-tech, data-driven environment suitable for financial analysis and trading. Eugene Mymrin | Moment | Getty Images CNBC’s Investing…
A screen shows the Dow Jones Industrial Average after the close of trading on the floor at the New York Stock Exchange after the closing bell in New York City, U.S., April 4, 2025. Brendan McDermid | Reuters The line between arbitrage and market manipulation has long been one of the grayest areas in financial…
Federal Reserve Chairman Jerome Powell on Thursday formally replied to a set of pointed questions from the director of the White House Office of Management and Budget about the renovation of the Fed’s Washington headquarters. Powell pointed to a newly launched page on the Fed’s public website dedicated to answering questions about the project, which…
Abbott Laboratories CEO Robert Ford unpacked his company’s latest quarterly report in a Thursday interview with CNBC’s Jim Cramer, saying that Wall Street’s reaction to the results was extreme. “I think this is a little bit of an overreaction. Of course, we are all over this,” Ford said. “We’re focused on this, but the fundamentals…
Jonathan Raa | Nurphoto | Getty Images Elon Musk’s health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration, shortly before a financing round valued the company at $9 billion. Neuralink is developing a brain-computer interface (BCI) system, with an initial aim to help people…
