Economy

Want to borrow home equity without refinancing? 3 options to consider this May

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What's the HELOC and home equity loan interest rate forecast for summer 2026?

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When could homeowners realistically expect to refinance? 4 lending experts weigh in

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Cuba Approves Unprecedented Free-Market Reforms in Effort to Stave Off Economic Collapse

Cuban lawmakers Thursday adopted nearly 200 historic free-market reforms aimed at rescuing the Communist island from a severe crisis aggravated by a U.S. oil blockade.

Oil drifts lower as Strait of Hormuz reopens, focus shifts to demand outlook

With immediate supply fears fading and tanker traffic returning to the Strait of Hormuz, traders are turning their attention back to oil demand and OPEC's outlook for the market.

Yen slides past 161 against the dollar, nearing 40-year low and reviving intervention bets

On Thursday the yen saw a sharp depreciation a high of 161.80, its weakest since July 2024.

MSCI isn't done with Indonesia yet: new report signals continued concerns over market transparency

MSCI flagged growing concerns about transparency in Indonesia's stock market.

Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more

Japan was willing to step in to defend the yen around the 160 level before, and it's at that point again.

CNBC Daily Open: Trump-Vance tag team takes on Iran deal critics

Trump and Vance fought back criticisms the U.S. gave "too much" to Iran in the 14-point MOU, while traders are pricing in expectations of potential rate hikes

Japan core inflation holds steady in May, matching expectations despite energy price concerns

Headline inflation edged up to 1.5% from 1.4%, while the so called "core-core" inflation rate, eased to 1.8% from 1.9%.

Want to own a piece of the Knicks? Jim Cramer says buy this stock to do it

CNBC's Jim Cramer said MSG Sports is an attractive investment because the stock trades at a discount to the combined value of the Knicks and Rangers.

Jim Cramer says next week's economic data will drive the markets

CNBC’s Jim Cramer said next week’s lighter earnings calendar will put the focus on key economic data.