Oil costs leap amid worries about crude market on account of Center East battle

Oil costs leap amid worries about crude market on account of Center East battle

Oil prices are leaping and stocks are falling Friday over worries that Israel’s attack on Iranian nuclear and military targets could escalate further and damage the flow of crude around the world, along with the global economy. The price of a barrel of West Texas intermediate — the benchmark U.S. crude — jumped close to … Read more

Reeves’ plans contending with the bond market

Reeves’ plans contending with the bond market

LONDON, UNITED KINGDOM – MARCH 26, 2025: Britain’s Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of the announcement of the Spring Statement in the House of Commons in London, United Kingdom on March 26, 2025. (Photo credit should read Wiktor Szymanowicz/Future Publishing via Getty Images) Wiktor Szymanowicz | Future Publishing | … Read more

Chime IPO to check public market urge for food for fintech as corporations exit

Chime IPO to check public market urge for food for fintech as corporations exit

Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images There’s a mini-boom happening in fintech. After a multi-year IPO slowdown triggered by rising rates and valuation resets, some of the emerging players in online stock trading, banking, lending and crypto-related services are hitting the public market, or at least preparing for a debut. The … Read more

The U.S. inventory market may very well be a bit too optimistic

The U.S. inventory market may very well be a bit too optimistic

Traders work on the floor of the New York Stock Exchange on June 10, 2025. NYSE The U.S. stock market appears a little too optimistic. All three major indexes climbed Wednesday, with the S&P 500 and Nasdaq Composite enjoying their third consecutive session in the green. The S&P, in fact, is around 2% away from … Read more

AI hits an already weak jobs market

AI hits an already weak jobs market

College graduates of the class of 2025 seek jobs at a special job fair for the new food and biomedicine industries in Huai ‘an City, Jiangsu Province, China, on June 8, 2025. Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis … Read more