Jonathan Raa | Nurphoto | Getty Images OPEC+ has agreed an increase in oil output of 188,000 barrels per day, the cartel said on Sunday, as it pushes on with production in the first meeting since the loss of its key member, the United Arab Emirates. The group of seven major oil producers announced it…
Yet another record week for stocks. Strong first-quarter earnings and a war-driven spike in oil made for another historic week on Wall Street. Investors also made sense of a spate of economic data and the Federal Reserve’s latest interest rate decision. The S & P 500 and Nasdaq Composite gained 0.9% and 1.1%, respectively, over…
Exxon Mobil CEO Darren Woods warned Friday that the market has not absorbed the full impact of the unprecedented oil supply disruption triggered by the Iran war and the closure of the Strait of Hormuz. The disruption has been mitigated by the large number of loaded oil tankers that were in transit during the first…
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. It’s a new month, but it’s more of the same for the S & P 500. The broad index is on its way to another record…
U.S. Secretary of State Marco Rubio speaks to reporters in a departure lounge before returning to Washington following meetings with Caribbean Community (CARICOM) leaders, at Robert L. Bradshaw International Airport in Basseterre, Saint Kitts and Nevis, February 25, 2026. Jonathan Ernst | Reuters Secretary of State Marco Rubio will travel to Israel early next week…
U.S. President Donald Trump stops to speak to the media as he departs on Marine One on the South Lawn of the White House on Feb. 27, 2026 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump on Friday said that “I’d love not to use” the U.S. military to attack Iran, “but…
Iranian negotiating delegation departs for the site of the talks with U.S., in Geneva, Switzerland, Feb. 26, 2026. Iranian Foreign Ministry | WANA | Via Reuters The latest round of U.S.-Iran talks did not lead to a breakthrough, with both sides agreeing to extend negotiations, Iranian Foreign Minister Seyed Abbas Araghchi said, describing the discussions…
U.S. House Minority Leader Hakeem Jeffires (D-NY) speaks at a press conference on the government shutdown at the U.S. Capitol on Oct. 8, 2025 in Washington, DC. Kevin Dietsch | Getty Images Congressional Democrats will force a vote on a war powers resolution relating to Iran next week, Democratic leadership announced Thursday, as President Donald…
This combination of pictures created on April 09, 2025 shows US Middle East envoy Steve Witkoff after a meeting with Russian officials at Diriyah Palace, in Riyadh, Saudi Arabia, on February 18, 2025 (L); and Iran’s Foreign Minister Abbas Araghchi speaking to AFP during an interview at the Iranian consulate in Jeddah on March 7,…
US President Donald Trump and Indian Prime Minister Narendra Modi arrive to hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Jim Watson | Afp | Getty Images India will likely continue buying Russian oil as the U.S. Supreme Court’s verdict outlawing President Donald…
