A satellite view of the Strait of Hormuz, a strategic waterway between Iran and Oman that links the Persian Gulf to the Arabian Sea. Gallo Images | Getty Images The U.S. and Iran opened fire in the Strait of Hormuz, with each side claiming the other initiated the attack. The renewal of hostilities further imperils…
Pictured here is the last time a sitting U.S. president made a state visit to China. President Donald Trump traveled to Beijing in November 2017 during his first term to meet with Chinese President Xi Jinping. Pool | Getty Images BEIJING — The Iran war is likely to take center stage in the summit between…
Offshore vessel ‘Zakher Duty’ at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. Amr Alfiky | Reuters Asia-Pacific markets traded lower Friday, as concerns grew over renewed hostilities between Iran and the U.S. amid a fragile ceasefire….
In an aerial view, a Valero refinery is seen on May 5, 2026 in Corpus Christi, Texas. Brandon Bell | Getty Images Oil resumed its rally Friday after the U.S. and Iran exchanged fire in the Strait of Hormuz, fanning fears that the fragile ceasefire between the two countries was unraveling and threatening continued disruption…
U.S. President Donald Trump speaks to reporters as he departs the White House in Washington, D.C., U.S., May 1, 2026. Kevin Lamarque | Reuters Iran is “currently reviewing” messages from the U.S. that it received via Pakistani mediators, but it has yet to reach a conclusion or deliver a reply, an Iranian official said Thursday,…
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. The S & P 500 is retreating from record highs Thursday, and the losses picked up steam in the afternoon after The Wall Street Journal reported…
Boeing CEO Kelly Ortberg is expected to join President Donald Trump on his visit to China next week, a source familiar with the plane maker’s plans told CNBC on Thursday. Trump is currently set to meet with Chinese President Xi Jinping in Beijing on May 14 and 15. Ortberg said on an earnings call late…
President Donald Trump delivers remarks on Trump Accounts at the Andrew W. Mellon Auditorium in Washington, Jan. 28, 2026. Brendan Smialowski | AFP | Getty Images With less than two months until the official launch of Trump Accounts, there are reports that business leaders and philanthropists may, at some point, be able to donate stock…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. Rising incomes and a large population base make India a key market for global consumer-focused companies. But now, celebrity endorsements and wide distribution are not…
Oil/Chemical Tanker “Bald Man” at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. Amr Alfiky | Reuters Oil prices rose Thursday in volatile trading as investors continue to assess the latest developments in the Middle East amid…
