Oil prices rose Wednesday after the U.S. and Iran traded military strikes, ending weeks of relative calm in the Middle East, as they contest control of the Strait of Hormuz. Brent crude futures, the international benchmark, were up 1% to $95.57 per barrel. U.S. West Texas Intermediate traded nearly 1% higher at $90.88 per barrel. The U.S….
Vessels are seen in the Strait of Hormuz, off the port city of Bandar Abbas in southern Iran on August 10, 2026. Atta Kenare | Afp | Getty Images Oil rose Monday, amid heightened concerns over supply disruptions after U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday. Futures for international benchmark…
Inflation data, earnings reports and tensions in the Middle East have been influencing the market. In this volatile backdrop, investors seeking income can bolster their portfolios by adding dividend-paying stocks. The recommendations of top Wall Street analysts can help inform investors in their search for attractive stocks from the vast universe of dividend-paying companies. These…
If Federal Reserve chair Kevin Warsh wanted to put the bond market on alert, he certainly got his wish Friday: odds of an interest-rate hike by the central bank in its September meeting jumped to nearly 60 percent after Warsh’s speech in Jackson Hole, compared to just 35 percent on Thursday, according to Fed funds…
US President Donald Trump speaks in the Rose Garden of the White House in Washington, DC, on Aug. 24, 2026. Jim Watson | AFP | Getty Images The U.S. struck a deal with Venezuela to get majority control of more than 65 billion barrels of oil reserves as the war with Iran roils the global…
Affirm Holdings stock closed nearly unchanged on Friday after the buy now, pay later firm reported fiscal fourth-quarter earnings and CEO Max Levchin said high gas prices are weighing on shoppers. “The U.S. consumer undoubtedly sees the higher gas prices, so can’t, can’t ignore that,” Levchin told CNBC’s “Squawk Box.” “They’re also coming to us…
U.S. Navy sailors work on the flight deck of the aircraft carrier USS George Washington as it transits the Arabian Sea to support U.S. military operations in the war with Iran Aug. 20, 2026. U.S. Navy | Via Reuters Iran’s foreign minister said on Friday that a return to diplomatic negotiations with the U.S. is…
Friday marks six months since the U.S. and Israel launched “major combat operations” in Iran, prompting retaliatory strikes on targets across the Gulf and sparking a new war in the Middle East. What was initially expected to be a weeks-long conflict has evolved into a standoff that geopolitical analysts say has no end in sight….
Children swim as ships are seen anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran. Ali Saeedi | Getty Images An oil tanker was struck by an unidentified projectile in the Strait of Hormuz, the UK Maritime Trade Operations agency said in a post Thursday, the latest…
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 basically flat on Wednesday as the market awaits several key tech earnings reports after the bell, including Nvidia . Oil…
