Jonathan Raa | Nurphoto | Getty Images Oil production among OPEC members fell further in April and is down more than 30% since the start of the Iran war in late February, the cartel said in its latest monthly update on Wednesday. OPEC also lowered its demand growth forecast for 2026 to around 1.2 million…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026. Brendan McDermid | Reuters The U.S.-Iran war drags on with no sign yet of a peace deal. Someone needs to tell the stock market. After a small early drawdown near the outset of the war,…
A customer shops for beef at a grocery store in Los Angeles, April 6, 2026. Justin Sullivan | Getty Images U.S. consumers are blaming the Iran War for the recent inflation surge. But data shows prices are rising in more areas than just energy. The consumer price index climbed 0.6% in April on a seasonally…
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy. The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the Bureau of Labor Statistics reported…
British Prime Minister Keir Starmer speaks at the start of a Cabinet meeting to mark the fourth anniversary of Russia’s full-scale invasion of Ukraine, at Downing Street in London, Feb. 24, 2026. Wpa Pool | Getty Images News | Getty Images Yields on U.K. government bonds surged to multi-decade highs on Tuesday morning, as pressure…
Taiwan Semiconductor Manufacturing Co. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Jan. 2, 2026. Michael Nagle | Bloomberg | Getty Images As South Korea’s and Taiwan’s benchmark indexes surged to record highs this year — powered by Asia’s trillion-dollar titans — it has raised…
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026. Hussein Faleh | Afp | Getty Images Oil and gas giants benefited significantly from their trading desks through the first quarter, shining a light on…
A pedestrian walks past monitors displaying a figure of the Nikkei 225 Stock Average outside a securities firm on May 07, 2026 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Asia-Pacific markets traded mixed Tuesday as investors shrugged off fresh doubts over the fragile U.S.-Iran ceasefire after President Donald Trump warned…
The JPMorgan Chase & Co. building before the ribbon cutting ceremony, at the firm’s new headquarters at 270 Park Avenue, in New York City, U.S., Oct. 21, 2025. Eduardo Munoz | Reuters A JPMorgan Chase-led group of banks cut their exposure to a private credit fund co-managed by KKR days before the asset manager announced…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are chugging along to new record highs again. Pockets of the tech trade are continuing to surge, with Lumentum , Coherent , Corning , Western…
