Economy

S&P 500 Manages to Extend Weekly Win Streak Despite Anticlimactic Trump-Xi Summit

It was lucky No. 7 for the S&P 500 — barely.

The bond market is flashing a warning over Iran. A veteran of energy geopolitics explains the risk

Daleep Singh knows how energy and markets intersect. He sees trouble ahead.

For better or worse, investors are living through Trump’s stock market. Here's why

President Donald Trump has been considered the ultimate stock market president, overseeing an expansion to record highs as well as major declines.

Kevin Warsh Comes Into the Fed Facing a Big 'Family Fight' Over Cutting Interest Rates

With inflation spiking and Treasury yields surging, Warsh is likely to confront a Federal Open Market Committee in no mood to ease.

Stocks like Nvidia have accelerating 'momentum,' Goldman Sachs says

The firm says stocks like Nvidia are firing on all cylinders.

This federal program trains older workers. The Trump administration wants to cut it

The Senior Community Service Employment Program provides older, low-income individuals with an opportunity to train for work. But its future is uncertain.

Global oil stockpiles could hit record lows if Strait of Hormuz remains closed

The world's oil stockpiles could approach all-time lows by the end of May due to the Strait of Hormuz closure, according to UBS.

Berkshire's new CEO overhauls portfolio, dumping a slate of stocks

Berkshire Hathaway's equity portfolio got one of its biggest renovations ever during Greg Abel's first three months as the company's CEO.

Cisco is the most overbought stock in the S&P 500. Here are the others.

Cisco was the most overbought stock in the S&P 500 this week, meaning its shares could be due for a pullback, according to a CNBC Pro screener.

UAE says its decision to leave OPEC was a strategic economic move, not a political one

The United Arab Emirates, which joined OPEC in 1967, announced last month it was leaving the oil producer group on May 1.

Meet the pilots flying Spirit Airlines' yellow jets to the desert

Special pilots have been moving Spirit's fleet of yellow jets to the desert.

Amazon's $1.8 Trillion Bet on the US Didn't Happen by Accident

In 1994, Amazon sold books out of a garage in Bellevue, Washington. Three decades later, we support 2 million American jobs, operate in all 50 states, and have invested $1.8 trillion in the U.S. economy since 2010.