Travelers wait in line at a Transportation Security Administration (TSA) checkpoint at George Bush Intercontinental Airport (IAH) in Houston, Texas, US, on Thursday, March 26, 2026. Mark Felix | Bloomberg | Getty Images TOKYO/NEW YORK — Genevieve Price considers herself a great flight hacker. The 35-year-old naturopathic doctor based in San Diego usually buys basic…
The ripple effects of the war in Iran are ever-widening. Soaring oil prices continued to put pressure on stocks last week, with the Dow and Nasdaq slipping into correction territory, defined by declines of 10% or more from record highs. The Dow and Nasdaq sank 1.7% and nearly 2.2%, respectively, on Friday and just about…
HOUSTON — The CEOs of the world’s most influential oil and gas companies delivered a sobering message this week about the impact of the Iran war on energy supplies and the long-term consequences for the global economy. The executives gathered in Houston, Texas, for S&P Global’s annual CERAWeek energy conference to take stock of the…
USPS and United Airlines. Joe Raedle | Grace Hie Yoon | Anadolu | Getty Images As the U.S.-Iran war enters its fifth week, consumers are facing economic consequences that impact everything from travel planning to mail delivery. Companies and other organizations are increasingly preparing for an environment in which the conflict — and subsequent jolt…
AstraZeneca‘s stock rose over 3% after Britain’s most valuable company said its experimental lung disease medicine met its target in two late-stage clinical trials. The respiratory treatment tozorakimab, reduced flare-ups of chronic obstructive pulmonary disease (COPD) in both former smokers and in the overall population versus placebo, the company said. “This marks a notable shift…
Forty-two years ago, right about now, I was a third-year law student trading options between classes as if they were cold Cokes on a sweltering day. I loved the semiconductors back then — National Semi, Texas Instruments, and Motorola. I also worshipped IBM, always long those calls, and Monolithic Memories was my favorite spec. It’s…
MicroStrategy founder Michael Saylor speaks at the Bitcoin 2021 Conference in Miami on June 4, 2021. CFOTO | Nurphoto | Getty Images Demand for bitcoin as a corporate treasury asset is once again concentrated in Michael Saylor’s Strategy as the company steps up its bitcoin buying pace. The craze of public companies that once sought…
In this Club Check-in, CNBC’s Paulina Likos and Zev Fima unpack how rising oil prices are shaping the market — from the pressure on corporate earnings and consumers to the implications for Federal Reserve policy — and where investors can find opportunities. The discussion also zeros in on the key question driving sentiment right now:…
Blackstone Group’s logo on display during the opening of the company’s new office in Singapore. Munshi Ahmed | Bloomberg | Getty Images Since the pandemic, private equity funds focused on Asia have struggled to raise money, as the industry sat on massive unsold assets and idle dry powder. Signs of growing confidence began to emerge…
Ukrainian President Volodymyr Zelensky in Munich, Germany on Feb. 15, 2025. Sean Gallup | Getty Images Ukrainian President Volodymyr Zelenskyy on Thursday kicked off a surprise visit to Saudi Arabia, seeking support for Kyiv as the U.S. reportedly weighs shifting military resources to the Middle East amid escalating tensions with Iran. Zelenskyy met with Saudi…
