OPEC+ approves fourth oil output quota hike since Hormuz closure
Seven members of OPEC+, which groups OPEC and allied producers including Russia, increased output quotas from April to June by almost 600,000 barrels per day.
‘Bring ’em on’: Delta wants United’s crown over the Pacific, too
Delta’s president, Peter Carter, told CNBC that the carrier wants to take United on over the Pacific.
Inflation inside the electronics you buy may soon become a bit more sticky
Most consumers are not familiar with the role resin plays inside electronics like smartphones. A current shortage of the materials may push up prices.
‘Dean of Valuation’ Aswath Damodaran is not buying SpaceX: ‘Too richly priced’
The NYU professor said he understands why some people are getting ready to pay up for SpaceX, but he is “more investor than trader.”
Harry’s and Coterie owner Mammoth Brands has ambitions to be the next CPG giant
Mammoth’s direct-to-consumer brands have helped upend the razor, diaper and deodorant categories.
Global week ahead: Soccer isn’t the only thing that’s kicking off
World Cup fever grips football fans worldwide ahead of the opening game on June 11th, but it’s not just soccer that’s kicking off next week.
100 days of the Iran war: How global markets and the economy have been affected, in charts
The conflict is about to reach its 100th day, with peace negotiations hanging in the balance.
U.S. confirms second Texas screwworm case, Canada restricts livestock imports
New World screwworm larvae feed on the living tissue of warm-blooded animals, creating severe wounds that can be fatal if left untreated.
Chinese EVs may hit U.S. within a few years, one way or another
Chinese electric vehicles are likely to be sold in the U.S. within years, despite tariffs, strict laws and opposition from the auto industry and politicians.
Bitcoin is cratering, but a new Wall Street crypto hype is on the rise
As bitcoin dropped to its lowest price since 2024, investors flock to a new type of crypto investment linked to the hyperliquid platforms, HYPE ETFs.