Iran war, $4 gas prices, took all the fun right out of the U.S. consumer economy

Consumers are still spending amid U.S.-Iran war and $4 gas prices, but there’s a pullback at entertainment and dining venues hitting local economies hard.
Berkshire shares left behind as S&P 500 rallies to record high

While the overall market was soaring over the past two weeks, Berkshire wasn’t doing much of anything, as its shares slipped to MTD drops of just under 1%.
These chipmakers and other stocks are overbought after the market rally this week

Investors should be on the lookout for pullbacks in rallying chipmakers and other stocks after the market’s advance.
Nvidia’s once-tight bond with gamers is cracking over AI, ‘and that breaks my heart’

Gamers once helped save Nvidia from bankruptcy. Now they feel left behind as the memory crunch drives focus to AI chips and DLSS 5 disrupts game design.
American rejects merger talks with United Airlines

American Airlines said on Friday that it was not interested in a merger with United Airlines and had not held any talks.
Apple’s iPhone shipments in China surge 20% in first quarter, data shows

Apple’s iPhone shipments surged 20% in China in the first quarter, for the strongest growth among major vendors, data from Counterpoint Research showed.
Nexstar says it will appeal following U.S. judge ruling halting Tegna merger

Nexstar will appeal a judge’s ruling halting its acquisition of rival broadcaster Tegna, as antitrust challenges from DirecTV and a group of states proceed.
U.S. renews Russian oil waiver after pressure from countries dealing with Iran war price shocks

Lawmakers accused the government of going easy on Moscow as its war on Ukraine grinds on.
‘It’s sad’: The U.S.-UK ‘special relationship’ sours ahead of royal visit to Washington

A year ago, it was all going so well for the U.S. and U.K.’s so-called “special relationship”, but ties have soured.
We spoke to over 30 central bankers, policymakers and politicians. Here are their top concerns

From stagflation to energy security, policymakers spoke to CNBC about the biggest risks arising from the ongoing U.S.-Iran war.