U.S. President Donald Trump points his finger as he arrives to deliver remarks on the U.S. economy and affordability at the Mount Airy Casino Resort in Mount Pocono, Pennsylvania, U.S. December 9, 2025. Jonathan Ernst | Reuters November’s midterm elections were always supposed to be about affordability. Then, the bombs began falling in Iran. The…
A few years ago, Grace Guo began to crave places in New York City where hanging out with friends didn’t have to involve alcohol. Newly sober and surrounded by friends who also chose not to drink, Guo said she wanted alternatives to the typical social scene. After some research, she landed on Bathhouse and Othership:…
Kuwait said Saturday that it has cut oil production and refining output because tankers cannot transit the Persian Gulf due to threats from Iran. The Arab monarchy did not say how many barrels per day it has cut, but described the output reduction as a precautionary measure that will be “reviewed as the situation develops.”…
There was no shortage of setbacks for stocks last week. Surprising economic data, another batch of earnings, and an intensifying conflict in the Middle East all combined to move the market, mostly downward. The S & P 500 closed out Friday with a weekly loss of 2% as the broad-market index flipped between the positive…
Zoey Gong, a Chinese medicine food therapist, was days away from boarding an Emirates flight from Paris to Shanghai via Dubai, United Arab Emirates, when the U.S. and Israel attacked Iran last Saturday. Gong, 30, had her flight plans derailed as a result, and she told CNBC that she had to pay $1,600 to get…
Canadians hold an “Elbows Up” protest against U.S. tariffs and other policies by U.S. President Donald Trump, at Nathan Phillips Square in Toronto, Ontario, Canada March 22, 2025. Carlos Osorio | Reuters For Lisa Mcbean, buying American-made snacks and traveling to the U.S. was second nature. That changed for the Ontario resident starting in early…
The stocks erased some of those losses to end the week down around 1.2%. CNBC.com’s Yun Li quotes Keefe, Bruyette & Woods analyst Meyer Shields as saying he views “both the resumed share repurchases and Greg’s commitment to annual buying as positives, but they don’t change the earnings challenges at units like GEICO or Berkshire Hathaway…
Investors have poured money into emerging markets in recent years as the search for big stock gains has migrated overseas and as they look for diversification beyond the concentrated S&P 500. But the U.S.-Iran military conflict has reframed the concentration question, highlighting the level of risk in emerging markets when it comes to gains being…
Federal Reserve Governor Stephen Miran said Friday that the weak February jobs report bolsters the rationale for the central bank to lower interest rates further. Responding to the drop of 92,000 in nonfarm payrolls that the Bureau of Labor Statistics reported Friday, Miran said in a CNBC interview that the Fed should be focusing more…
J. David Ake | Getty Images News | Getty Images A series of policy changes in the so-called “big beautiful bill” are undermining the Affordable Care Act marketplace, in ways that may at first seem relatively subtle but which add up to a major change, health policy experts say. That, in turn, has important implications…
