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Category: Top Stories

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

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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

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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

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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’

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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

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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

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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

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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

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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

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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

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

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