Economy

AI may replace your financial advisor, MIT professor says

Artificial intelligence has gotten sophisticated with respect to financial advice. But it doesn't have a legal obligation to put clients first.

War in Iran is boosting profits for oil and defense companies as US gas prices soar

As Americans struggle with rising prices, Lockheed Martin, Shell and other companies are experiencing gains

How Trump and Tokyo are tackling the treacherous copper gap

For decades, Washington talked about supply chain resilience. But talk is cheap, and there was little done to achieve it.

JPMorgan CEO Jamie Dimon in annual letter cites risks in geopolitics, AI and private markets

JPMorgan CEO Jamie Dimon in his annual letter to shareholders noted the country's 250th anniversary and called for a broad recommitment to American ideals.

India turns to Iran for oil and gas after 7-year hiatus, signaling limits to U.S. tilt

India has resumed oil and gas imports from Iran after seven years, in a bid to rebalance its ties with Tehran and secure supplies through the Strait of Hormuz.

Trump's Iran ultimatum and signals of a possible deal keep investors on tenterhooks

Investors head into what could be the most consequential week of the Iran conflict, scrambling to position for binary outcomes: an imminent deal or further escalation.

AI data center boom ‘stress tests’ insurers as private capital floods in

Rapid technological advancements and the huge sums of money flowing into the data center are posing both risks and rewards for insurers.

OPEC+ agrees to raise oil production quotas amid Iran war

OPEC+ has agreed to raise daily oil production quotas slightly as the world grapples with a severe supply shortage stemming from the Iran war.

CNBC Daily Open: Trump posts expletive-filled Iran threats on Easter Sunday

Oil prices rise again as President Donald Trump steps up his threats against Iran if Tehran does not come to a deal on the Strait of Hormuz.

Asia markets trade mixed as investors assess Trump's Iran war comments, extended deadline

In an expletive-filled social media post, Trump also vowed to bring "Hell" to the country after the U.S. forces rescued an American airman in Iran last week.

Oil prices edge higher after Trump reiterates threat to bomb every bridge and power plant in Iran

President Donald Trump threatened to expand the war to include Iran's infrastructure, while at the same time saying a deal was still possible.

Global Plastics Supply Chains Further Pressured as Abu Dhabi Petrochemicals Plant “Suspended” After Attack

Incident adds to a growing list of disruptions across Gulf petrochemical infrastructure