Oil prices rose Friday as President Donald Trump’s renewed threats against Iran raise concerns about supply disruptions. Iran is not a major oil producer. The country pumps about 3.4 million barrels per day, according to Kpler. That number pales in comparison with the U.S. and Saudi Arabia, which pump about 13.5 million barrels per day … Read more
Airplanes on the tarmac during a snow storm at Ronald Reagan Washington National Airport in Arlington, Virginia, US, on Monday, Jan. 6, 2025. Ting Shen | Bloomberg | Getty Images Airlines canceled more than 1,300 flights scheduled for Friday as a massive winter storm sweeps across the U.S. with heavy snow and sleet in the … Read more
DAVOS, SWITZERLAND – JANUARY 20: Canadian Prime Minister Mark Carney delivers a speech at the World Economic Forum Annual Meeting held in Davos, Switzerland on January 20, 2026. Anadolu | Getty Images U.S. President Donald Trump withdrew the invitation to Canada to join his “Board of Peace,” days after Prime Minister Mark Carney’s address in … Read more
People shop at a Costco store in the Staten Island borough of New York City, U.S., Jan. 16, 2026. Brendan McDermid | Reuters Inflation drifted slightly further from the Federal Reserve’s target in November though in line with expectations, according to the central bank’s preferred gauge released Thursday. The personal consumption expenditures price index, a … Read more
Rick Rieder, BlackRock’s senior managing director, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC BlackRock fixed income chief Rick Rieder’s star is rising as a potential Federal Reserve chair following flattering remarks Wednesday from President Donald Trump. In a CNBC interview, Trump called Rieder “very … Read more
President Donald Trump on Wednesday said he and NATO Secretary General Mark Rutte have “formed the framework of a future deal with respect to Greenland.” Trump said that as a result of that negotiation, he would no longer impose punitive tariffs on a slew of European countries that were set to begin Feb. 1. In … Read more
A United Airlines airplane at the George Bush Intercontinental Airport in Houston, Nov. 6, 2025. Brandon Bell | Getty Images United Airlines on Tuesday said it could generate record earnings this year thanks to strong travel demand, with sales of premium seats, business travel and no-frills tickets robust in recent weeks. The carrier expects adjusted … Read more
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve in Washington, Dec. 10, 2025. Chip Somodevilla | Getty Images News | Getty Images The saga over President Donald Trump’s efforts to reshape the Federal Reserve has another twist to it, revolving over whether … Read more
[The stream is slated to start at 1 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump on Tuesday is set to appear at a White House press briefing marking the first anniversary of his second term in office. White House press secretary Karoline … Read more
After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary Scott Bessent said Tuesday. The president has whittled down the field to four candidates to succeed current Chair Jerome Powell and a decision is forthcoming, Bessent told CNBC during an interview at … Read more