Crude oil prices rose Wednesday, after President Donald Trump warned Iran that a “massive Armada” is heading in its direction and time is running out to make a deal on its nuclear program. Global benchmark Brent rose 83 cents, or 1.23%, to close at $68.40 per barrel. U.S. crude oil gained 82 cents, or 1.31%,…
The Federal Reserve on Wednesday voted to take a break from a recent run of interest rate cuts, as the central bank navigates questions about its independence and awaits a new leader. Meeting market expectations, the central bank’s Federal Open Market Committee voted to keep its key interest rate in a range between 3.5%-3.75%. The…
Urenco USA enriched uranium storage capsules. Adam Jeffery | CNBC The Department of Energy announced Wednesday an initiative aimed at building out the nation’s nuclear fuel supply chain as interest in the emissions-free power source grows. The DOE is asking states to express interest in hosting “Nuclear Lifecycle Innovation Campuses,” which would support activities across…
US businessman Tim Cook looks on during the World Economic Forum (WEF) annual meeting in Davos on Jan. 20, 2026. Ludovic Marin | AFP | Getty Images Apple CEO Tim Cook said he was “heartbroken” by the situation in Minneapolis and called for an easing of tensions in a note to employees this week, CNBC…
The U.S. dollar fell 1.3% on Tuesday, the most since last April, after President Donald Trump declined to say that the currency had fallen too much. Speaking to reporters during a visit to Iowa to promote his economic record, Trump was asked if he was comfortable with the current value of the greenback and if…
President Donald Trump speaks to the media as he walks to Marine One prior to departure from the South Lawn of the White House on Jan. 27, 2026, as he travels to Iowa. Saul Loeb | Afp | Getty Images President Donald Trump on Tuesday said “we’re going to de-escalate a bit,” referring to the…
A view of the snow covered streets as heavy snowfall blanketed Washington, D.C. on Jan. 26, 2026. Celal Gunes | Anadolu | Getty Images The U.S. government is on the brink of a partial shutdown beginning at 12:01 a.m. ET Saturday in large part because of a second recent killing of a U.S. citizen by…
General Motors Chevrolet Traverse sport utility vehicles sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, Feb. 21, 2020. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in…
Diminishing perspective of downtown London skyscrapers Chunyip Wong | E+ | Getty Images LONDON — European stocks opened broadly higher on Tuesday, as investors reacted to the European Union’s landmark trade deal with India and braced for a flurry of corporate earnings. Twenty minutes into the trading session, the pan-European Stoxx 600 was 0.3% higher,…
Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images Asian equity markets are attracting global investors, with a surge in initial public offerings, rising cross-border flows, and accelerating deal activity underscoring the region’s growing importance in global capital markets, according to senior executives at JPMorgan and Goldman Sachs….
