Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran

Oil prices fell 3% on Thursday after comments from U.S. President Donald Trump calmed fears that an American strike on Iran could be imminent. Brent crude oil futures, the global benchmark, dipped by 2.8%, or $1.87, to settle at $64.63 a barrel. Front-month West Texas Intermediate crude lost $1.79, or 2.9%, to trade at $60.23 … Read more

Iran reopens airspace after hours-long shutdown spooks airlines

Security forces are seen during a pro-government rally on Jan. 12, 2026 in Tehran, Iran. Getty Images | Getty Images News | Getty Images Iran reopened its airspace early Thursday after a temporary closure that barred most incoming and outgoing flights for several hours amid concerns the U.S. could carry out military strikes, raising risks … Read more

Stock futures slip after S&P 500, Dow slide for two straight sessions: Live updates

Traders work on the floor of the New York Stock Exchange during morning trading on January 14, 2026 in New York City. Michael M. Santiago | Getty Images Stock futures were near flat Wednesday night as the S&P 500 comes off of two consecutive days of losses. Futures tied to the Dow Jones Industrial Average … Read more

Congressional stock trading ban bill to get its first vote Wednesday

The U.S. Capitol at sunset in Washington, D.C., U.S. December 23, 2025. Tyrone Siu | Reuters Lawmakers could face a ban on buying new stocks under a bill poised to get its first vote Wednesday. But hurdles remain, including opposition from most Democrats who say the bill doesn’t go far enough in preventing insider trading … Read more

Bank of America tops estimates on better-than-expected net interest income

Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and … Read more

Big Tech is poaching energy talent to fuel its AI ambitions

Big Tech has been on an energy hiring spree. Technology companies investing heavily in artificial intelligence are bolstering their workforce with energy experts as they look to overcome the biggest bottleneck in scaling AI: access to power. Energy-related hiring jumped 34% year-on-year in 2024, according to data compiled by Workforce.ai for CNBC. Last year’s hiring … Read more

China’s annual trade surplus hits a record $1.2 trillion, even as exports to U.S. decline by 20%

QINGDAO, CHINA – JANUARY 13, 2026 – The cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on January 13, 2026. Cfoto | Future Publishing | Getty Images China’s exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high, while … Read more

Japanese stocks open at record highs as expectations of snap poll rise

Osanbashi in Yokohama on December 10, 2022. Yuichi Yamazaki | Afp | Getty Images Japanese indexes hit record highs Wednesday on expectations that Prime Minister Sanae Takaichi could call for a snap election, likely in February. If called, it will be Takaichi’s first time facing Japan’s voters in an election. The Nikkei 225 index rose … Read more

Delta CEO sees record earnings in reach again thanks to high-end travel demand

A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Delta Air Lines‘ earnings could jump more than 20% this year from 2025 thanks to robust travel demand, particularly at the high end of the market, and potentially reach a record, CEO Ed Bastian said. Delta on Tuesday forecast adjusted earnings per … Read more

Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say

Bank executives were sent scrambling over the weekend after President Donald Trump declared late Friday that American credit card companies would be subject to a 10% cap on the interest rate they can charge customers. The move sent shares of large banks including Citigroup, JPMorgan Chase, Wells Fargo and Bank of America down between 1% … Read more