This frame grab taken from AFPTV video footage on July 12, 2026 shows cargo ships anchoring near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan. AFPTV | Getty Images The U.S. has completed its strikes against Iranian military targets for a third consecutive night, while Tehran hit…
Higher-for-longer interest rates were once heralded as an attractive yield driver for private credit investors, but industry professionals say tighter monetary policy is becoming the sector’s next major stress point. Global central banks are grappling with renewed inflation pressures, following the energy squeeze caused by the Middle East war, which is raising the prospect of…
NANJING, CHINA – JULY 09: Aerial view of new energy vehicles waiting for shipment at Longtan Port Area of Nanjing Port on July 9, 2026 in Nanjing, Jiangsu Province of China. Yang Suping | Visual China Group | Getty Images China’s trade growth accelerated far more than expected in June, as booming global demand for…
In an aerial view, oil storage tanks are seen at the Sunoco LP Fuel Supply Terminal on June 15, 2026 in Austin, Texas. Oil held in the U.S. Strategic Petroleum Reserve has fallen to its lowest levels since 1983 as the Trump administration continues releasing emergency crude oil to help compensate for oil elevated fuel…
A Japanese 10,000-yen banknote arranged in Kyoto, Japan, on Thursday, Nov. 2, 2023. Bloomberg | Bloomberg | Getty Images Japanese government bond yields have been hitting multi-decade highs, with benchmark 10-year reaching levels not seen since 1996 last week. While Japanese bonds have been selling off amid policy normalization by the Bank of Japan and…
A parasitic infection called cyclospora, often transmitted through contaminated food or water, is spreading across the U.S. The Centers for Disease Control and Prevention reports at least 843 cases of the illness — which can cause weeks of watery diarrhea, as a primary symptom — and 86 hospitalizations, as of July 9. The country’s numbers…
The International Maritime Organization, a United Nations agency, said Monday that it opposes transit fees in the Strait of Hormuz after President Donald Trump demanded that ships pay protection money. “We have always been consistent on our stance on fees – IMO stands firmly against charging fees for passage through straits used for international navigation,”…
Jakub Porzycki | Nurphoto | Getty Images A group of state attorneys general is expected to file a lawsuit as soon as Monday challenging Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, CNBC’s David Faber reported. The lawsuit, which will be brought by a group including California Attorney General Rob Bonta, is expected to try…
US President Donald Trump speaks during a Rose Garden Club event on the Rose Garden of the White House in Washington, DC, on July 6, 2026. Mandel Ngan | Afp | Getty Images President Donald Trump on Monday said the U.S. is “going to get paid for guarding” the Strait of Hormuz, the major oil-shipping…
This frame grab taken from AFPTV video footage on July 12, 2026 shows cargo ships anchoring near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan. – | Afp | Getty Images Iran responded to a fresh wave of strikes from U.S. forces by launching an attack on…
