Oracle stock rises in premarket on plans to cut thousands of jobs
[ad_1] Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle rose in premarket trading on Wednesday as the multinational tech conglomerate looks to cut thousands of jobs to free up cash to build AI […]
CNBC Daily Open: Get ready for Trump’s Iran war update
[ad_1] U.S. President Donald Trump speaks during a Cabinet meeting in the Cabinet Room of the White House on March 26, 2026 in Washington, DC. Chip Somodevilla | Getty Images Hello, this is Holly Ellyatt writing to you from London. Welcome to another edition of CNBC’s Daily Open. Global markets will be on tenterhooks today […]
JetBlue Airways raises checked bag fees at least $4 as fuel prices soar
[ad_1] A JetBlue Airways Airbus A321 airplane departs from Los Angeles International Airport en route to New York on Oct. 17, 2025. Kevin Carter | Getty Images JetBlue Airways is raising bag fees at least $4 as jet fuel prices soar amid the Iran war. Airfare has climbed for routes around the world since the […]
Powell sees inflation outlook in check, no need to hike rates because of oil shock
[ad_1] Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as grounded despite rising energy prices so the central bank doesn’t need to respond with higher interest rates. As his term leading the central bank nears an end, Powell avoided questions about the longer-term direction […]
Fed Governor Miran still backs cuts, says interest rates could be ‘about a point’ lower this year
[ad_1] Federal Reserve Governor Stephen Miran speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 10, 2025. Brendan McDermid | Reuters Federal Reserve Governor Stephen Miran on Monday continued his campaign for lower interest rates, telling CNBC that policymakers should disregard the […]
Pricy airfare, airport chaos test travelers’ willingness to fly this year
[ad_1] Travelers wait in line at a Transportation Security Administration (TSA) checkpoint at George Bush Intercontinental Airport (IAH) in Houston, Texas, US, on Thursday, March 26, 2026. Mark Felix | Bloomberg | Getty Images TOKYO/NEW YORK — Genevieve Price considers herself a great flight hacker. The 35-year-old naturopathic doctor based in San Diego usually buys […]
The S&P 500 could join other U.S. benchmarks in a correction next week. Here’s what’s ahead
[ad_1] The S & P 500 could soon join the other U.S. benchmarks in a correction as the Iran war stretches into a fifth week. Stocks are quickly deteriorating, with each of the major averages on pace to post an ugly month of losses as hopes for a quick resolution to the Middle East conflict […]
AstraZeneca stock jumps after surprise trial win for lung disease drug where rivals have failed
[ad_1] AstraZeneca‘s stock jumped nearly 5% after Britain’s most valuable company said its experimental lung disease medicine met its target in two late-stage clinical trials. The respiratory treatment tozorakimab, reduced flare-ups of chronic obstructive pulmonary disease (COPD) in both former smokers and in the overall population versus placebo, the company said. “This marks a notable […]
It’s not just oil and gas. The Strait of Hormuz blockage is rattling another vital commodity
[ad_1] Workers unload urea fertilizer from a cargo ship in Yantai Port, Shandong Province, China on March 13, 2026. Cfoto | Future Publishing | Getty Images Farmers in the northern hemisphere are heading into the crucial spring months, during which major fieldwork must begin. Their peers in the south, meanwhile, are busy harvesting crops before […]
Stagflation alarm bells ring in the euro zone as energy crunch hits the global economy
[ad_1] Workers of German steel manufacturer Salzgitter AG stand in front of a furnace at a plant in Salzgitter, Germany, March 1, 2018. Fabian Bimmer | Reuters Private sector output in the euro zone sank to a 10-month low in March, amid mounting evidence of the impact the Iran conflict is having on the global […]