U.S. President Donald Trump gestures, before boarding Air Force One en route to Detroit, Michigan, at Joint Base Andrews, Maryland, U.S., January 13, 2026. Evelyn Hockstein | Reuters The Trump administration on Friday will push the largest electricity grid in the U.S. to make the big technology companies pay for new power plants. Electricity prices…
BlackRock shares jumped on Thursday after the world’s largest asset manager reported a better-than-expected quarter — capping off what the company described as “one of the strongest years” ever. Revenue in the fourth quarter of 2025 rose 23% year over year to $7 billion, topping the $6.69 billion estimate, according to LSEG. Adjusted earnings per…
Traders work on the floor of the New York Stock Exchange on Jan. 12, 2026. Angela Weiss | Afp | Getty Images The first two weeks of 2026 have seen U.S. President Donald Trump’s administration capture Venezuela’s president, threaten to respond to Iran’s violent crackdown on protests, and talk up the possibility of using force…
A U.S. move to seize Greenland could damage trade ties with the European Union, France’s finance minister has warned, as one analyst told CNBC that tariffs or economic sanctions could lead to a “trade war.” U.S. President Donald Trump has ramped up talk of annexing Greenland this month — and has not ruled out taking it…
CNBC’s Jim Cramer on Thursday suggested a strong quarter from Taiwan Semiconductor renewed Wall Street’s faith in artificial intelligence stocks, including industry leader Nvidia. “Taiwan Semi made mincemeat of the skeptics who’ve been doubting AI’s staying power,” he said. “They said something that we have only heard from Jensen Huang, CEO of Nvidia — the…
The Nave Photon, carrying crude oil from Venezuela, is docked at Port Freeport in Freeport, Texas, U.S., January 15, 2026. Antranik Tavitian | Reuters The U.S. is securing about 30% higher prices for Venezuelan crude, Energy Secretary Chris Wright said Thursday, as the country has started selling oil from the Latin American nation after capturing…
The city skyline is seen with the landmark Taipei 101 building from a lookout point on Elephant Mountain in Taipei on April 14, 2025. (Photo by I-Hwa Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty Images Asia-Pacific markets were mixed Friday, breaking ranks with a rally on…
The Marmac 306, a cable laying barge, in the New York Harbor in New York, US, on Thursday, July 17, 2025. The crew of an American-flagged barge will lay cable to connect the Empire Wind farm to New York City’s grid a milestone for an embattled sector. Bryan Derballa | Bloomberg | Getty Images Empire…
People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City. Spencer Platt | Getty Images Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenue from wealth management. Here’s what the company reported compared with what Wall Street analysts surveyed…
Oil prices fell 3% on Thursday after comments from U.S. President Donald Trump calmed fears that an American strike on Iran could be imminent. Brent crude oil futures, the global benchmark, dipped by 2.8%, or $1.87, to settle at $64.63 a barrel. Front-month West Texas Intermediate crude lost $1.79, or 2.9%, to trade at $60.23…
