Browsing Category
Politics
Shell CEO says oil market is short 1 billion barrels due to Iran war
The oil market faces a shortage of nearly one billion barrels that will only get worse every day the conflict in the Middle East drags on, Shell CEO Wael Sawan told investors Thursday. "The hard facts are we have dug ourselves a hole of…
Paul Tudor Jones says U.S. is late to regulating AI
Paul Tudor Jones speaks onstage during the 2024 Robin Hood Benefit at Jacob Javits Center on May 13, 2024 in New York City.Kevin Kane | Getty ImagesBillionaire hedge fund manager Paul Tudor Jones sent a warning signal on Thursday,…
Norway’s central bank raises interest rates; European stocks dip
European stocks finished Thursday in negative territory as investors await the outcome of reports that Washington and Tehran are nearing an agreement to end the war.The pan-European Stoxx 600 index closed the session down more than 1%,…
Ryan Cohen’s mysterious bank letter backing his eBay bid reveals a big
GameStop's mysterious financing letter underpinning its audacious $56 billion bid for eBay is emerging as a central issue in the proposed takeover, as questions mount over whether the deal is actually financeable.The video game retailer…
Boeing CEO Kelly Ortberg set to join Trump on China visit next week
Boeing CEO Kelly Ortberg is expected to join President Donald Trump on his visit to China next week, a source familiar with the planemaker's plans told CNBC on Thursday.Trump is currently set to meet with Chinese President Xi Jinping in…
France is World Cup favorite
Kylian Mbappe exercising inside the gym at Ciudad Real Madrid on May 06, 2026 in Madrid, Spain.Antonio Villalba | Real Madrid | Getty ImagesFrance has emerged as a clear fan favorite for this year's FIFA World Cup in North America,…
Paul Tudor Jones says AI bull market has ‘another year or two to run’
Paul Tudor Jones said the artificial intelligence-fueled bull market still has further to run, adding that he recently bought more related stocks as he looked for parallels to earlier tech booms.The billionaire hedge fund manager said…
Whirlpool says Iran war causing ‘recession-level industry decline.’ The
Whirlpool shares tumbled Thursday after the iconic appliance maker warned that the war in Iran triggered a severe downturn, underscoring how sharply higher fuel prices and collapsing consumer confidence are beginning to weigh on…
Gold and silver’s historic rally could resume ‘as fog of war lifts’
Argor-Heraeus' CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | ReutersThe rally that propelled gold and…
Ship passes Strait of Hormuz under U.S. military protection
A Maersk container ship loaded with cargo containers sails out of port waters near the Kwai Tsing Container Terminals on March 19, 2026 in Hong Kong, China.Cheng Xin | Getty Images News | Getty ImagesThe chief executive of Maersk, one of…