FILE PHOTO: Oil tankers pass through the Strait of Hormuz, December 21, 2018. Hamad I Mohammed | Reuters Oil fell Wednesday, amid easing concerns about military conflict as the U.S. leans towards economic sanctions to pressure Iran. International benchmark Brent crude futures for October delivery declined 2.52% to $86.35 a barrel. U.S. West Texas Intermediate futures for October…
US President Donald Trump during an event in the Rose Garden of the White House in Washington, DC, US, on Monday, Aug. 24, 2026. Will Oliver | Bloomberg | Getty Images President Donald Trump submitted a proposed agreement with Saudi Arabia on civil nuclear energy to Congress on Monday, starting a mandatory review period for…
The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC BEIJING — U.S.-based personal computing and printing firm HP has signed a multi-year global agreement for licensing certain WiFi patents from Chinese telecoms giant Huawei, the companies announced Wednesday. It’s a sign of adoption of Huawei’s technology outside China, despite…
President Donald Trump helps Sen. Darline Graham. R-S.C., off the stage during a campaign rally at Myrtle Beach Convention Center in Myrtle Beach, South Carolina, Aug. 21, 2026. Saul Loeb | Afp | Getty Images South Carolina Sen. Darline Graham staved off a challenge from Rep. Ralph Norman in the state’s Senate primary runoff election,…
U.S. President Donald Trump speaks to journalists aboard Air Force One en route to South Korea on October 29, 2025 in Japan. Andrew Harnik | Getty Images News | Getty Images President Donald Trump‘s move last week to scale back annual military drills with South Korea came as Seoul finalizes hundreds of billions of dollars…
CNBC’s Jim Cramer said Tuesday that Dick’s Sporting Goods‘ historic 30% plunge may represent a buying opportunity for investors willing to wait out the retailer’s near-term challenges. “If you don’t own Dick’s, you dodged a bullet today, but based on the last time the stock fell apart, you might want to be a buyer over…
Ship 40 is stacked atop Booster 20 in preparation for Flight 13 at SpaceX’s South Texas facility in Cameron County, Texas, on July 22, 2026. Reginald Mathalone | Nurphoto | Getty Images Elon Musk is continuing his push into the Southern U.S. with SpaceX, his aerospace and tech conglomerate, planning a $100 billion launch facility…
The K-shaped economy has become shorthand for a widening, persistent economic divide: higher-income Americans pulling further ahead — in wealth, spending and financial security — while many lower-income households struggle to keep up. Now, that shape may be shifting. “I got sick of hearing about this K-shaped economy,” Treasury Secretary Scott Bessent told CNBC’s “Squawk…
“Vote Here” signage outside a polling location at Westchester Regional Library during a primary election in Miami, Florida, US, on Tuesday, Aug. 18, 2026. Eva Marie Uzcategui | Bloomberg | Getty Images Markets are starting to care about the 2026 midterm elections, which loom 10 weeks away and could rip full control of Congress from…
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. Stocks are slightly higher on Tuesday, with the S & P 500 on track to recover nearly all of Monday’s dip. The market is getting a…
