Oil prices jumped about 3% on Wednesday evening after the Trump administration imposed further sanctions on Russia’s two largest crude companies, citing Moscow’s “lack of serious commitment to a peace process to end the war in Ukraine.” Global benchmark Brent rose $1.83, 2.92%, to $64.42 per barrel by 8:18 p.m. ET. U.S crude oil rose…
The London skyline is seen from the Shard, the tallest building in the European Union, as the sun sets on March 28, 2017 in London, England. Jack Taylor | Getty Images LONDON — European stocks are set to open higher on Tuesday, continuing positive momentum built at the start of the week on the back…
Shares of U.S.-listed companies related to the rare earth supply chain climbed on Monday as investors continued to weigh the impact of export restrictions on domestic producers. Rare earths are minerals that are essential to many aspects of modern life, particularly for the technology sector and the energy transition, as they are used in…
Treasury Secretary Scott Bessent will speak by phone on Friday with Chinese Vice Premier He Lifeng to discuss the ongoing trade negotiations between the United States and China, a senior Trump administration official told CNBC’s Eamon Javers. Additional details about the call, including the specific time it would take place or the next steps to…
Treasury Secretary Scott Bessent insisted Wednesday that the U.S. won’t change its trade negotiating stance on China due to stock market volatility. President Donald Trump “likes a high stock market,” but he “believes that the high stock market is a result of good policies,” Bessent said in an exclusive interview at CNBC’s Invest in America…
A “draft” from The Treasury Department of a $1 commemorative coin that it plans to mint next year. Courtesy: U.S. Treasury Department The Treasury Department is considering minting a $1 coin bearing President Donald Trump‘s likeness on both sides to honor him and commemorate the United States’ 250th birthday next year. A first draft of…
Viscount Hood, Lord-in-Waiting, right, greets U.S. President Donald Trump, center, and First Lady Melania Trump as they disembark from Air Force One after arriving at London Stansted Airport in Stansted, UK, on Tuesday, Sept. 16, 2025. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump‘s second state visit to the U.K. — and business…
The framework agreement for the social media platform TikTok will include new investors as well as existing investors in the platform’s Chinese parent company ByteDance, sources told CNBC’s David Faber. The deal is expected to close in the next 30 to 45 days, according to the sources, who asked not to be named because the…
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng pose during U.S.-China trade and economic talks at Santa Cruz Palace, Spain’s main foreign ministry office, in Madrid, Spain, September 14, 2025. United States Treasury | Via Reuters LONDON — European stocks moved lower at the open on Tuesday, as investors assessed developments in…
Vibrant neon signs and bright street lights glowing above the busy night traffic of taxis, double decker buses and pedestrians along Nathan Road in the crowded Tsim Sha Tsui district of Kowloon, Hong Kong, China. Fotovoyager | E+ | Getty Images Japan’s benchmark Nikkei 225 surpassed the 45,000 mark for the first time, leading gains…
