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News
Trump says he spoke recently to Fed Chairman Warsh, denies regular calls
1+ mon, 2+ day ago (351+ words) President Donald Trump spoke recently to Federal Reserve Chairman Kevin Warsh, the president said Monday. The Wall Street Journal reported last week that Trump and Warsh had spoken repeatedly since Warsh became chairman of the central bank in May. Trump…...
Nvidia's Jensen Huang on China trip: ‘President Trump asked me to come’
3+ mon, 4+ week ago (329+ words) Nvidia CEO Jensen Huang said that U.S. President Donald Trump "asked me to come" to the China summit in Beijing, when asked by reporters about his trip. Huang was a later addition to the high-stakes trip on Tuesday, after his name…...
Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire
4+ mon, 5+ day ago (304+ words) Oil resumed its rally Friday after the U.S. and Iran exchanged fire in the Strait of Hormuz, fanning fears that the fragile ceasefire between the two countries was unraveling and threatening continued disruption to shipping via one of the world's most…...
Brent oil tops $104 per barrel on unconfirmed report Iran's top negotiator resigned
4+ mon, 2+ week ago (263+ words) Brent oil prices jumped more than 3% on Thursday, as tensions run high in the Strait of Hormuz with the U.S. and Iran enforcing blockades. Brent oil futures rose about 3% to close at $105.07 per barrel. West Texas Intermediate futures advanced around 3% to…...
Ex-Meta global affairs chief says tech should stay out of politics
11+ mon, 2+ week ago (296+ words) Former Meta global affairs chief Nick Clegg said Friday that tech companies should keep a distance from politics and people should feel "uneasy" about those firms intervening in the public space. "I generally don't think that politics and tech innovation…...
Trump says Americans should expect higher gas prices for 'a little while"
4+ mon, 2+ week ago (571+ words) President Donald Trump on Thursday said Americans should anticipate paying higher gas prices "for a little while" as a result of the Iran war, without specifying a timeline. But Trump said he is in no rush to make a peace…...
Why the confusion around the Iran situation could get worse. How to profit anyway
4+ mon, 2+ week ago (952+ words) The Strait of Hormuz is open. The Strait of Hormuz is closed. That pretty much sums up the last 72 hours of news around Iran and the Middle East's most critical waterway. The news flow has gone from good (record highs…...
Oil prices jump 7% after Iran and U.S. attack ships as tensions escalate over Strait of Hormuz
4+ mon, 3+ week ago (379+ words) Crude oil prices surged Sunday, as the U.S. and Iran teetered on the brink of a renewed war after attacks on commercial ships in the Strait of Hormuz. West Texas Intermediate futures for May delivery rose about 7% to $89.74 per barrel by…...
Jamie Dimon says Iran war makes Middle East peace prospects better in the long term
5+ mon, 2+ week ago (421+ words) JPMorgan Chase CEO Jamie Dimon said Tuesday that while the Iran war poses near-term risks, it may ultimately improve the prospects for lasting peace in the Middle East. "I think the Iran war makes it a better chance in the…...
We spoke to dozens of central bankers, policymakers and politicians about the Iran war — These are their biggest fears for the global economy
4+ mon, 3+ week ago (1212+ words) Policymakers around the world are closely watching developments in the Middle East as they gauge the most prudent response to the economic fallout of the war. CNBC spoke to more than 30 central bankers, politicians and policymakers at the IMF World…...