Chinese Foreign Minister Wang Yi attends a press conference on China’s foreign policy and external relations on the sidelines of the fourth session of the 14th National People’s Congress (NPC) on March 8, 2026 in Beijing, China. Vcg | Visual China Group | Getty Images BEIJING — China’s top diplomat Wang Yi underscored Sunday the…
A difficult jobs report comes at a tough time for the White House. Gas prices are rising due to the war in Iran, while stock market turmoil is making savers and retirees antsy about the state of their 401(k)s. Data released Friday showing a loss of 92,000 jobs in February will put pressure on the…
Customers use computers at an Internet cafe in Tehran, Iran. Raheb Homavandi | Reuters Iran remains under a near-complete internet blackout, data monitoring site NetBlocks, said on Saturday. “A full week has now passed since #Iran fell into digital darkness under a regime-imposed national internet blackout,” NetBlocks said in a social media post. “The measure…
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…
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…
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…
Smoke and fire rise from the site of airstrikes at Mehrabad International Airport in Tehran on March 7, 2026. (Photo by ATTA KENARE / AFP via Getty Images) Atta Kenare | Afp | Getty Images U.S. and Israeli airstrikes on Iran continued on Saturday, one week after they launched their joint campaign to rid Tehran…
Palantir was an outlier in a tough week for the stock market, as the provider of software and services to the U.S. government saw its stock rally 15% following the U.S. attack on Iran. The tech-heavy Nasdaq fell 1.2% for the week, pushed lower by names like Apple, Google and Micron, and other benchmarks tumbled…
