Global economic updates, market sentiment, and financial headlines.
The planned mine could supply roughly 4% of the world's neodymium and praseodymium, critical minerals used in permanent magnets for electric vehicles, wind turbines and fighter jets.
The European Central Bank may raise interest rates to preserve credibility in the face of a war-driven rise in fuel costs but there is little to suggest yet that high inflation is taking root in the euro area, ECB policymaker Olli Rehn said in an interview.
A wave of retail-driven trading dynamics is reshaping how markets respond to U.S. President Donald Trump's second term and his war in Iran, turning political volatility into a set of widely recognised and traded patterns.
While the Procure Space ETF began trading way back in 2019, three new space-stock ETFs have hit the market in the last couple of months: NASA, MARS, and ORBX. UFO is up nearly 50% year-to-date, while MARS has gained more than 50% since it began trading in early March.
Policy board member Junko Koeda said Japan's underlying inflation is likely already at around 2%.
Equities and government bonds rose in Asia after President Trump said negotiations with Iran were advancing, spurring hopes of a deal to end the conflict.
The world's most valuable company has reported another series of record-breaking and expectation-defying results, easing fears, for now, of a slowdown in the AI boom.
Nvidia anticipation and hopes of an Iran peace deal boosted all three major market indexes.
Wind and solar combined generated more electricity than gas globally in April for the first month ever, data analysed by UK-based think tank Ember showed on Thursday.
TikTok and Alphabet's YouTube have failed to set out meaningful steps to protect British children from harmful online content, media regulator Ofcom said on Thursday, citing data showing widespread exposure on their platforms.
CNBC's Jim Cramer said semiconductor and AI infrastructure stocks have replaced software as the market's technology leaders. He said newer AI models from companies like Anthropic and OpenAI are pressuring traditional software vendors by helping businesses automate tasks that once required expensive software and large workforces.
The stock market rallies broadly as oil prices cool and U.S. Treasury investors return to long-dated securities. AI remains a key theme.
U.S. President Donald Trump is expected to sign an executive order on AI and cybersecurity as soon as Thursday, two sources familiar with the matter told Reuters, as pressure grows from parts of his political base to increase oversight of new AI models, such as Anthropic's Mythos.
@CharlesSchwab's Adam Lynch offers the latest glimpse into key crypto headlines investors need to watch. The biggest of which: the SEC planning for trading crypto versions of stocks.
The global financial system is barreling toward an unsolvable debt crisis, triggered by a massive deflationary bust that will force central banks to print up to $50 trillion to keep the banking sector afloat, according to David Hunter, Chief Macro Strategist at Contrarian Macro Advisors.
OpenAI's anticipated IPO will serve as a critical barometer for investor sentiment and the broader AI sector's valuation landscape. OpenAI's high spending, pure-play AI exposure, and uncertain upgrade incentives present both risk and insight into industry sustainability.
A majority of Federal Reserve officials warned the central bank would likely need to consider raising interest rates if inflation continued to run persistently above their 2% target, minutes of the April 28-29 Federal Open Market Committee meeting showed. Mike McKee reports.
The prolonged U.S.–Iran stalemate over the Strait of Hormuz is driving sustained energy price elevation and rising inflation expectations. US military escalation is highly unlikely given political risks, potential oil price spikes, and President Trump's low approval ratings ahead of midterms.
The stock market is pricing in near-perfection. However, there are five simultaneous major headwinds that tilt the risk-reward unfavorably for deploying capital into the market right now.
A new gauge of household “misery” that includes mortgage rates has been moving in a worrisome direction that could mean weaker returns for the S&P 500
European regulators want to know if their 2024 cryptocurrency regulations still apply to the 2026 crypto landscape. With that in mind, the European Commission announced Wednesday (May 20) that it has launched a consultation to get feedback from stakeholders and the general public on the functioning of the Markets in Crypto‑Assets Regulation (MiCA).
Wall Street stocks rallied sharply on Wednesday, with the Dow Jones Industrial Average surging more than 640 points as falling oil prices and easing Treasury yields boosted investor sentiment ahead of Nvidia's closely watched quarterly earnings report. The Dow climbed 1.3%, while the S&P 500 gained 1% and the Nasdaq Composite advanced 1.4%.
The U.S. Federal Reserve proposed Wednesday adopting a new, more limited form of a payment account that would allow firms like fintechs the ability to move money across the Fed's payment rails without enjoying all the backstops available to traditional banks.
Nancy Tengler of Laffer Tengler Investments says markets are already reacting to economic conditions and a likely pullback represents good buying opportunity.
Jamie Dimon was wrong about ‘cockroaches.' Opaque AI loans and high leverage are hollowing out the economy — again.
Helima Croft, RBC global head of commodity strategy, joins 'Power Lunch' to discuss the latest news regarding the Strait of Hormuz.
Stock markets are back on a happy ride after President Trump revealed that the US-Iran deal was in its final stages. Both the Nasdaq and the Dow Jones are taking a fast-speed route to new records.
The minutes signal incoming Chair Kevin Warsh will inherit an increasingly hawkish crew of central bankers.
The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department and bond market estimates.
A majority of Federal Reserve officials warned that interest rate increases could be on the way if inflation remains above target levels, as a new policymaking board chaired by President Donald Trump's nominee Kevin Warsh appears less likely to cut rates, according to minutes from the Federal Open Market Committee's April meeting released Wednesday.
The minutes from the April 28-29 Federal Open Market Committee (FOMC) meeting showed members still struggling with the uncertainty surrounding the economic impacts of the Iran war, with a growing number dissenting on the Fed's perceived easing bias, while only one member dissenting on the rate hold in favor of a quarter-point cut.
Jamie Salter, founder and executive chairman at Authentic Brands Group, shares with CNBC's “Squawk on the Street” the company's plan for going public.
The Nasdaq-100 Index represents, essentially, the largest 100 companies (ex-Financials) listed on the Nasdaq Stock Market. The total market cap of those companies adds to around $31.5 trillion.
The U.S. dollar is quietly nudging higher, with more gains ahead. It's a worry for stocks.
A majority of Federal Reserve officials warned the central bank would likely need to consider raising interest rates if inflation continued to run persistently above their 2% target, minutes of the April 28-29 Federal Open Market Committee meeting showed. Mike McKee reports.
A record of the April meeting, Jerome H. Powell's last as chair, underscored the extent to which the war with Iran has upended the economic outlook.
Federal Reserve officials showed growing support at their April meeting for taking the first step toward a possible interest rate hike, according to minutes of the meeting released Wednesday.
The Middle East war and an AI boom have reshaped the interest-rate outlook ahead of a leadership transition at the central bank.
A majority of officials anticipated that interest rate increases would be necessary if the Iran war continued to aggravate inflation.
The upsurge in U.S. inflation, reaching a three-year high, has been fueled by rising oil prices and the residual effects of the Trump tariffs. But another thing is adding to the problem: the boom in artificial intelligence.
The move is PJM's admission that its capacity can't meet data-center-driven demand.
The U.K. announced on Wednesday a "historic" trade deal with the Gulf Cooperation Council. The deal is predicted to add £3.7 billion to the U.K. economy every year in the long run.
Immunovant reports clinically meaningful trial results for its lead drug candidate. That's good news for Roivant Sciences.
After a year of smaller bars, extra wafers and chocolate alternatives, at least one major chocolate maker is putting the cocoa back in — and others may follow suit — as a slump in bean prices since 2024 makes the traditional treat more profitable.
Moody's chief economist Mark Zandi says there is a 40% chance of a U.S. economic downturn within the next year, well above the 15% historical average.
James Murdoch's Lupa Systems said Wednesday it has inked a deal to buy New York magazine, Vox Media's podcast network and news site Vox.com. Terms of the sale, which covers about half of Vox Media, were not disclosed.
The Nasdaq-100 Index (NDX) ended April with a 15.7% monthly gain. It was the largest monthly move (either direction) in more than a decade.
Edmunds trade-in data showed a 5% jump in people trading gas cars for new and used EVs for the first 4 months of 2026. The rise has happened as gas prices have climbed 40% since April 2025, according to AAA.
US indices look to recover on Wednesday, as rates are drifting slightly lower.