CNBC
Container ship sinks in Strait of Hormuz as Iran steps up attacks
Iran has escalated its strikes on commercial ships transiting Hormuz in recent weeks, as it tries to choke off a rebound in crude oil exports....
1 week ago
CoreWeave shares tumble as bond yields near 15% on concern about AI borrowing binge
Shares of CoreWeave sank 15%, while yields in its bonds blew out further....
1 week ago
Iran says it’s ‘counting the moments’ until it can strike U.S. warships; Saudi Aramco facilities attacked
Meanwhile, Saudi Arabia's Aramco reportedly came under fresh attack overnight....
1 week ago
Fannie Mae sharply raises mortgage rate forecast for 2027
Fannie Mae just put out its latest forecast for mortgage rates, and they are much higher than previous estimates....
1 week ago
BlackRock's Larry Fink warns a data center moratorium could trigger a recession
Local opposition to data center construction has been a feature of the midterm elections set for Tuesday, Nov. 3....
1 week ago
Morgan Stanley tops estimates as equities trading revenue beats expectations by $909 million
Morgan Stanley topped expectations on the top and bottom lines for the third quarter....
1 week ago
Social Security Administration announces 3.6% cost-of-living adjustment for 2027
With a 3.6% COLA for 2027, Social Security retirement benefit checks will go up by $75 per month, on average, the agency said....
1 week ago
Trump's diesel dilemma — by the numbers
Conflicts in Ukraine and Iran have created major ripple effects across global energy markets causing major price swings....
1 week ago
Bank of America posts third-quarter profit drop due to $1.2 billion Treasury fine
The U.S. Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday....
1 week ago
Ukraine warns Starlink limits are disrupting military operations as Russia pounds its energy infrastructure
A ballistic missile has struck energy infrastructure supposedly covered by the "energy ceasefire" announced by Trump on Sunday, Zelenskyy said....
1 week ago
Scott Bessent's growth plans aren't enough to tame surging deficit and debt pile, IMF chief says
IMF chief Kristalina Georgieva said Bessent’s reliance on growth won’t cut the U.S. deficit and $40 trillion debt fast enough, calling for fiscal consolidation....
1 week ago
U.S. Treasury yields inch lower as investors await key inflation report
U.S. Treasury yields inched lower on Wednesday as investors awaited the latest CPI inflation reading ahead of a flurry of economic data this week....
1 week ago
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