A bear statue stands outside the Frankfurt Stock Exchange on April 7, 2025 in Frankfurt, Germany. Florian Wiegand | Getty Images Futures data pointed to a broadly negative open in Europe on Friday, as uncertainty over U.S.-Iran peace talks weighed on investor sentiment. Pan-European Stoxx 50 futures were down 0.6% shortly before 7 a.m. in…
Outgoing Dow CEO Jim Fitterling said clearing the disruption in the Strait of Hormuz could take far longer than investors expect. “Some scenario planning that we did said that even if the straits were to reopen today, just to clear the logistics logjam… is going to take 275 days, maybe more now,” he told Jim…
Spirit Airlines’ accessible cash to keep operating won’t last long and a government rescue package is on the table, a lawyer for the struggling budget carrier said at a hearing Thursday. President Donald Trump later Thursday at the White House told reporters: “We’re thinking about doing it, helping them out, meaning bailing them out, or…
The Greek-flagged crude oil tanker “Asahi Princess” is made ready off the coast of the Syrian Baniyas port refinery, along the Mediterranean Sea on on April 15, 2026. Iraq has begun exporting crude using tanker trucks through Syria, its oil ministry said, as an official said oil revenue last month dropped more than 70 percent…
Customers check out vegetables and other groceries at a supermarket in Tokyo on June 20, 2025. Kazuhiro Nogi | Afp | Getty Images Core inflation in Japan accelerated for the first time in five months, rising to 1.8% in March as Iran war-fueled higher energy prices stoke consumer inflation. Government data showed the inflation figure…
Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Citadel rebuked New York City Mayor Zohran Mamdani for singling out Chief Executive Officer Ken Griffin in a push for a new pied-à-terre tax, escalating a public dispute…
Robert Isom, chief executive officer of American Airlines Group Inc., during a news conference at the US Department of Transportation in Washington, DC, US, on Thursday, May 8, 2025. Samuel Corum | Bloomberg | Getty Images American Airlines CEO Robert Isom said a potential merger with rival United Airlines would hurt consumers and would be…
U.S. President Donald Trump makes remarks as he hosts NCAA champion athletes during a NCAA Collegiate National Champions Day event in the State Dining Room at the White House on April 21, 2026 in Washington, DC. Alex Wong | Getty Images President Donald Trump’s overall — and economic — approval ratings plunged in the latest CNBC…
Canada’s former Prime Minister Justin Trudeau said at CNBC’s CONVERGE LIVE in Singapore Thursday that international financial institutions were “spectacularly ill-adjusted” to respond to modern day issues. “You can look to different places around the world to realize that those institutions, whether it was the WTO or the IMF or what have you, aren’t necessarily…
Kazuhiro Nogi | AFP | Getty Images Japan and South Korea stocks hit record highs Thursday, trailing overnight gains on Wall Street after President Donald Trump‘s extended a ceasefire with Iran, boosting investor sentiment alongside strong corporate earnings. Trump extended a two-week U.S. ceasefire on Tuesday, saying it was warranted due to Tehran’s “seriously fractured” government….
