Oil prices stabilize as investors weigh U.S., Iran threats, sanctions lift
Michael McCarthy, CEO of online trading platform Moomoo Australia, said oil prices were falling temporarily due to low liquidity and traders taking profits.
China vows to continue opening its economy amid trade tensions with U.S.
China has reached a temporary truce with the U.S. on trade. The world’s second-biggest economy reported a record $1.2 trillion trade surplus for 2025.
OpenAI’s data center pivot underscores Wall Street spending concerns ahead of IPO
As OpenAI gears up for a potential IPO, it’s outlined a more tempered infrastructure strategy and has moved away from an ambitious agreement with Nvidia.
Wealthy consumers are turning to jewelry as an investment, especially colored gemstones
Lofty gold prices and market volatility are pushing wealthy consumers toward jewelry, especially rare colored gemstones, as handbags lose appeal.
U.K. confirms Iran fired two missiles at British-American base in Indian Ocean which failed to reach their target
Iran fired the two missiles at the joint U.S.-U.K. Diego Garcia base in the Indian Ocean but they failed to reach their target, U.K. minister says.
From satellites to space data centers: Why low earth orbit is attracting billions in investment
Big Tech companies including Nvidia and Elon Musk’s SpaceX are making large bets on a new layer of critical infrastructure that’s emerging above our heads.
Kpop supergroup BTS shuts down central Seoul for comeback concert
Analysts project total tour earnings of as much as $1.8 billion, rivaling Taylor Swift’s Eras Tour and Coldplay’s Music of the Spheres World Tour.
Trump threatens attack on Iran power plants if Strait of Hormuz isn’t reopened
Iran and Israel traded attacks on Saturday as the war in the Middle East escalated into a dangerous new direction at the start of its fourth week.
United Airlines to cut more flights as it eyes oil above $100 through 2027
Chief Executive Scott Kirby says United’s annual fuel bill would rise by about $11 billion if oil prices stay above $100 a barrel through next year.
Opinion: As Trump eyes Cuba, my trips there a decade ago remind me how different things were
Trump has threatened a ‘friendly takeover’ of Cuba after cutting it off from Venezuela’s oil. CNBC’s Justin Solomon reflects how different things used to be.
