U.S. eyes Iranian assets for Gulf allies’ reconstruction, source says
U.S. Treasury Secretary Scott Bessent has also directed a team to assess the costs of damage already inflicted on Gulf allies by Iran, Reuters reported.
Chinese EVs may hit U.S. within a few years, one way or another
Chinese electric vehicles are likely to be sold in the U.S. within years, despite tariffs, strict laws and opposition from the auto industry and politicians.
Bitcoin is cratering, but a new Wall Street crypto hype is on the rise
As bitcoin dropped to its lowest price since 2024, investors flock to a new type of crypto investment linked to the hyperliquid platforms, HYPE ETFs.
Wall Street’s ‘fear gauge’ punches back as the ‘crash up’ in chip stocks finally reverses
The monster rally in semiconductor stocks hit a wall on Friday, and the VIX at last caught up with other volatility metrics.
These are the most overbought stocks after a volatile week
Hewlett Packard Enterprise was among this week’s most overbought stocks.
Bank of America says these ‘compelling’ stocks are going higher
Bank of America named a slew of stocks that are too attractive to ignore.
Abel goes his own way with new Berkshire investments, including billions for AI
Warren Buffett tells CNBC’s Becky Quick new Berkshire Hathaway CEO Greg Abel has “launched” with his first major deal.
Pope urges leaders to stop dividing as he meets migrants, youth in Spain
Speaking aboard the flight to Madrid from Rome, Leo said he was making his visit to set a good example to the world about respect for human life.
Russia’s Sechin says U.S. companies benefit from the closure of the Strait of Hormuz
The closures of the Strait has rattled global markets, sending oil prices to multi-year highs, stoking global inflation and undermining economic growth.
Social media bans on teens risk strengthening Big Tech’s grip on the sector, Bluesky exec warns
“We’re living in a world where it’s almost impossible for smaller entrants to come in and build healthier spaces,” Bluesky’s COO, Rose Wang, told CNBC.
