Economy

Iran Has Largely Halted Oil and Gas Exports Through Strait of Hormuz

At least four tankers have been struck by drones and maritime traffic has dropped by 80%, reports say

Global economy must stop pandering to ‘frivolous desires of ultra-rich’, says UN expert

Olivier De Schutter says new economic agenda needed to tackle crises of rising inequality and ecological collapse

Historic harvests and sky-high prices

Though coffee is one of the world’s most important commodities, little of the profit trickles down to the farmers, while workers are abandoning the countryside in search of more lucrative jobs in the city

Overdrawn, Underpaid and Over It: How Four People Conquered Their Debt Mountains

It’s easy to let your credit card balance mount up – and hard to admit you have a problem. But help is at hand. We talk to four people who worked their way back into the black

FCC chief tells CNBC WBD-Paramount merger deal is ‘cleaner’ than Netflix's, will be approved 'quickly'

FCC Chairman Brendan Carr told CNBC on Tuesday that Netflix's previous Warner Bros. Discovery offer "raised a lot of competition concerns."

What's next for global markets as oil surges and stocks plunge on Middle East conflict

As volatility gripped assets from stocks to crypto on Tuesday, market watchers weighed in on what might come next for global investors.