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Politics
Singapore inflation hits highest in nearly two years, but undershoots
A housewife (R) buys vegetables at a wet market in SingaporeRoslan Rahman | Afp | Getty ImagesSingapore inflation missed estimates even as it accelerated to a near two-year high in July, as higher energy prices due to the Iran war lifted…
Alibaba shares plunge 10% after $10.2 billion share placement to fund AI
Night view of Alibaba's headquarters building located by the Huangpu River in Shanghai, China on Nov. 16, 2025. CFOTO | Future Publishing | Getty ImagesAlibaba shares plunged as much as 10% in Hong Kong on Monday after the Chinese tech…
Iran warns of Hormuz ship seizures ahead of Bessent’s planned sanctions
U.S. Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., U.S., Aug. 20, 2026. Kevin Lamarque | ReutersThe U.S will unveil "the single greatest financial offensive ever" against Iran on Monday,…
U.S. takes aim at friends and foes alike
U.S. President Donald Trump gestures as he speaks to the media before boarding Air Force One at Joint Base Andrews in Maryland, U.S., en route to Myrtle Beach, South Carolina on Aug. 21, 2026. Evan Vucci | ReutersHello, this is Hui Jie…
WTI, Brent, U.S. sanctions, Iran
Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. Mohammed…
What’s bogging down the data center trade has nothing to do with demand
Nine thousand people working long hours, six days a week, to meet a deadline for full production of memory chips by the first quarter of 2027. The workers know they can each make $200,000, maybe more. They seem united in their mission;…
Wells Fargo, Citigroup have room to buy a big bank. These 5 make sense
Charles Scharf, chief executive officer of Wells Fargo & Co., and Jane Fraser, chief executive officer of Citigroup Inc.Caroline Brehman | Qilai Shen | Bloomberg | Getty ImagesWalk the halls of any major banking conference or listen…
Treasury Secretary to announce Iran sanctions
Treasury Secretary Scott Bessent will hold a press conference Monday to announce sanctions against Iran that he described to CNBC as the greatest campaign of "coordinated economic isolation in the history of the world." "At dawn begins…
Democratic leader Jeffries meets with Jared Kushner as midterms loom
Hakeem Jeffries, Minority Leader of the U.S. House of Representatives speaks during the CNBC CEO Council Summit in Washington D.C. on June 2, 2026.Aaron Clamage | CNBCDemocratic House leader Hakeem Jeffries met with President Donald…
United Airlines CEO Scott Kirby talks about the future from JFK to AI
United Airlines CEO Scott Kirby speaks during a media event showcasing the airline's new premium "Elevated" aircraft interior at Los Angeles International Airport, March 24, 2026.Patrick T. Fallon | AFP | Getty ImagesNEWARK, New Jersey —…