Economy

US Trade Deficit Fell More than Half in Trump’s First Year

The US trade deficit fell by close to 60% in the first year of President Trump’s second term, providing dramatic evidence of the effects of his signature economic policies, including tariffs

Fertitta in weekend deal talks to acquire Caesars, while billionaire Carl Icahn waits in the wings

The deal, if it gets done, would not be finalized until early April and is not expected to close until 2027.

Week in review: How we navigated the Iran war-driven surge in oil that slammed stocks

The S&P 500 suffered its first three-week losing streak in roughly a year.

Gas prices are soaring

A Chevron station just outside downtown charges more than $8 a gallon – nearly $3 more than the city’s average

How the Conflict in Iran Is Impacting the Global Energy Market

Panelists on Washington Week With The Atlantic joined to discuss rising oil price, potential shortages, and more.

Iran faces financial death blow because of war

Already strained by decades of sanctions and economic mismanagement, Iran faces a complete financial collapse as a result of its war with the U.S. and Israel.

Kalshi Co-founder Luana Lopes Lara on the Biggest Prediction Market Risks She Has Ever Taken

Luana Lopes Lara, co-founder of prediction markets startup Kalshi, tells CNBC about the biggest bets she ever made on the way to billionaire status.

Older women set to inherit most of $54 trillion in ‘great wealth transfer’ to widowed spouses

Because females have longer life expectancies, most of the spousal transfer of assets due to death is expected to go to women. Advisors say they should prepare.

Peruvian stocks: Why they may be an unexpected winner of the AI boom, Iran war

The S&P Peru Total Index has soared 23% in 2026 and is up more than 75% over the past 12 months.

Blackstone is one of this week’s most oversold stocks as investors grapple with market volatility

On the other hand, Dow and LyondellBassell Industries topped this week's list of most overbought stocks.

As New York Mayor Zohran Mamdani faces $7 billion budget hole, free parking may be history

New York City Mayor Zohran Mamdani is facing a $7 billion budget hole, and the free parking NYC residents have taken for granted may be a revenue opportunity.

The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

Oil prices have surged more than 17% since the International Energy Agency announced the largest release of crude stockpiles in its 50-year history.