Economy

Americans are spending $800 just to cool their homes. We are at a breaking point

liberal

Americans are spending $800 just to cool their homes. We are at a breaking point

While the stock market booms for the rich, cost of living is soaring for everyone else

2 months ago

economy

Office workers of the world unite: it’s time to revive the three-martini lunch

liberal

Office workers of the world unite: it’s time to revive the three-martini lunch

The three-martini lunch allowed us to mix business and pleasure, a phenomenon that is missing during the AI boom

2 months ago

economy

The case for Trump's tariffs doesn't survive contact with the facts

conservative

The case for Trump's tariffs doesn't survive contact with the facts

Peter St. Onge’s May 11 essay “How Trump’s tariffs can paradoxically raise economic freedom” is a case study in wishcasting. It imagines a world in which President Donald Trump wielded strategic tariffs to pressure other countries to open their markets to the United States.

2 months ago

economy

SpaceX stock sinks for a second day as company slips below Amazon in market cap

liberal

SpaceX stock sinks for a second day as company slips below Amazon in market cap

Investor bullishness showed signs of waning on Wednesday, as shares sank 5%.

2 months ago

economy

Strait of Hormuz reopening may take weeks to ease shipping backlog and oil pressure

liberal

Strait of Hormuz reopening may take weeks to ease shipping backlog and oil pressure

The Strait of Hormuz is set to reopen after Iran and the U.S. sign a peace deal, but experts warn backlogs and security checks could delay normal shipping.

2 months ago

economy

China to return as major oil buyer in August, JPMorgan says, naming its top stock picks

liberal

China to return as major oil buyer in August, JPMorgan says, naming its top stock picks

The pullback in oil imports by the world's largest oil importer has helped absorb the global energy shock and cap the surge in oil prices since the war began.

2 months ago

economy

Why Wall Street Banks and Foreign Borrowers Are Rushing to Tap China’s Cheap Money

liberal

Why Wall Street Banks and Foreign Borrowers Are Rushing to Tap China’s Cheap Money

Foreign governments, Wall Street banks and multinational companies are flocking to China's panda bond market.

2 months ago

economy

Treasury 2-year yield post-Fed spike 'exaggerated' or is there room for more? Strategists weigh in

liberal

Treasury 2-year yield post-Fed spike 'exaggerated' or is there room for more? Strategists weigh in

Markets pushed up short-term Treasury yields after Kevin Warsh's first Fed meeting, though strategists disagreed on whether the move signals a lasting shift toward tighter policy.

2 months ago

economy

India's largest stock exchange files for IPO as mega-listings gather pace

liberal

India's largest stock exchange files for IPO as mega-listings gather pace

India's largest stock exchange sets the ball rolling for mega IPOs this year as it files papers to go public.

2 months ago

economy

Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal

liberal

Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal

Oil declines as Mideast peace prospects rise following U.S.-Iran deal.

2 months ago

economy

CNBC Daily Open: Warsh's Fed debut and Iran-U.S. deal in focus

liberal

CNBC Daily Open: Warsh's Fed debut and Iran-U.S. deal in focus

Kevin Warsh chaired his first Fed meeting, sending stocks lower while Trump reportedly signed the deal with Iran.

2 months ago

economy

Thursday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session

liberal

Thursday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session

Stocks fell on Wednesday after the Federal Reserve's so-called "dot plot" suggested that an interest rate hike could be in the cards for 2026.

2 months ago

economy