Economy

Biggest winner of the amended Microsoft-OpenAI deal

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Rachel Reeves considering rent freeze to limit Iran war fallout

Exclusive: Sources say chancellor is examining exceptional measures to protect household budgets

Oil shock worsens as Strait of Hormuz closure nears two months

Shipping traffic through the Strait of Hormuz is at an effective standstill nearly two months into the Iran war, meaning the oil shock is mounting.

Claire’s to close remaining UK stores on Tuesday with more than 1,000 job losses

Sources say staff have been asked to pack up final stock and equipment after waves of closures

Shell to buy Canadian shale producer ARC Resources for $16.4bn

Deal comes five years after Shell sold its US shale business and is its biggest acquisition for a decade

A layoff can cost you more than your job—you might owe money on your way out, experts say

HR and financial experts share what to look out for when you're laid off to see if you may owe money to the company, or yourself.

Congress is getting housing rehabilitation wrong

Congress is moving to restrict large investors who are already spending billions rehabilitating distressed homes, while proposing a small federal pilot program to do the same thing less efficiently. This troubling contradiction sits at the heart of the 21st Century ROAD to Housing Act.

Doubts persist about whether Fed chair nominee Warsh will be independent, CNBC survey finds

Just 50% of respondents believe Warsh will conduct monetary policy mostly or very independently.

Canada announces new sovereign wealth fund with call for investments from citizens

Canada is opening the country’s first sovereign wealth fund, Prime Minister Mark Carney announced on Monday.

Stocks making the biggest moves midday: Sandisk, Micron, Verizon, AMD, GE Vernova and more

These are the stocks posting the largest moves in midday trading.

Jay Woods thinks worst may be over for software names if Microsoft gets above a key level this week

Jay Woods reviews key companies reporting earnings this week and touches on the most important takeaway from the upcoming FOMC meeting.

Domino's Pizza stock falls on disappointing sales

CEO Russell Weiner said he expects more fast-food chains will report that winter weather and weak consumer sentiment hurt their quarterly sales.