Airlines cancel hundreds of flights after U.S., Israeli attacks on Iran
Airlines canceled more than 1,800 flights in and out of Middle East countries on Saturday, according to aviation data firm Cirium.
How the attack on Iran could impact the global oil market and economy
The U.S.-Israeli attack raises the risk of major oil supply disruption. Iran is the fourth-largest OPEC producer and sits on the critical Strait of Hormuz.
Xiaomi launches flagship smartphone as memory price surge threatens sales
The Xiaomi 17 starts at 999 euros ($1,179) while the Xiaomi 17 Ultra starts at 1,499 euros, with the device priced the same as its predecessor.
Berkshire Hathaway operating earnings fell nearly 30% in Warren Buffett’s final quarter as CEO
Berkshire Hathaway reported fourth-quarter and full-year 2025 earnings on Saturday.
Explosions heard across the Middle East as Iran retaliates against U.S. attacks; flights disrupted
CNBC’s team in the United Arab Emirates confirmed hearing a number of loud explosions in both the UAE’s capital city of Abu Dhabi and Dubai.
‘Bigger ramifications than Venezuela’: Markets brace for impact after U.S. strikes Iran
Investors are bracing for impact after the U.S.’s attacks on Iran, a move they see as carrying far larger market consequences than the Venezuela campaign.
OpenAI strikes deal with Pentagon, hours after rival Anthropic was blacklisted by Trump
OpenAI CEO Sam Altman said on X that his company has come to terms with the Defense Department for use of its models.
UBS downgrades the U.S. stock market. Here’s what has the investment bank worried
UBS downgraded U.S. equities to “benchmark” in a fully invested global equity portfolio, saying factors that powered years of outperformance are starting to fade.
Core wholesale prices rose 0.8% in January, much more than expected
The core producer price index increased a seasonally adjusted 0.8%, more than the 0.6% gain in December.
Trump said tariffs could someday ‘substantially replace’ income taxes. What policy experts say
During his State of the Union address, President Donald Trump said tariffs could someday “substantially replace” the federal income tax system.
