Economy

Solar eclipse drives Europe hotel prices to over $1,000 a night

Eclipse demand pushed some Spain and Iceland stays above $1,000 a night, while Iceland hotels cut prices sharply closer to Aug. 12.

US inflation cooled slightly to 3.4% in July but prices still elevated

Energy is cheaper than at its peak in late April, but gas is still nearly $1 a gallon more expensive than before the Iran war

World's largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time

The fund — currently valued at around $2.34 trillion — is an investor in more than 7,000 companies across 60 countries.

How China Saved the Global Oil Market

Turn any article into a podcast. Upgrade now to start listening.

Mamdani’s Grocery Experiment: Big on Subsidies, Light on Economics

Turn any article into a podcast. Upgrade now to start listening.

Brent Oil Hovers Near $90 as Red Sea, Gulf of Oman Attacks Heighten Supply Concerns

Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes.

Why the historic U.S.-Japan intervention has failed to halt the yen’s slide

The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.

EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data

The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.

Wednesday's big stock stories: What’s likely to move the market in the next trading session

Uncertainty around Iran and a decline in tech stocks pulled the S&P 500 down on Tuesday. Tune into CNBC on Wednesday for CoreWeave CEO Michael Intrator.

Cramer's lightning round: Buy Hinge Health

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Sysco CEO says he’s 'confident' Restaurant Depot takeover will get approved

Sysco CEO Kevin Hourican said he is “confident” the $29 billion Restaurant Depot acquisition will win regulatory approval and close in early 2027.

Cramer says ask yourself these 3 questions to figure out what's really happening in the market

CNBC’s Jim Cramer said investors can quickly gauge the market by focusing on three things: bonds, oil and Nvidia.