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Trump says Xi agrees Iran must open strait, but no sign China will weigh in

U.S. President Donald Trump said Chinese President Xi Jinping had agreed Tehran must reopen the Strait of Hormuz.

CNBC US - 2026-05-16 14:50:24

Tesla raises prices of Model Y cars in the US for the first time in two years

TSLA, TSLAN, TSLACL, TSLACO, CARS, 0HTZ, CK3, A2DRMF, 1TSLA, 4TSLA, 0R0X, TL0, TL0D, A1CX3T

Tesla raised the prices of its Model Y ⁠cars in the United States on ​Saturday.

CNBC US - 2026-05-16 14:22:11

The bond market is flashing a warning over Iran. A veteran of energy geopolitics explains the risk

Daleep Singh knows how energy and markets intersect. He sees trouble ahead.

CNBC US - 2026-05-16 14:01:14

For better or worse, investors are living through Trump’s stock market. Here's why

President Donald Trump has been considered the ultimate stock market president, overseeing an expansion to record highs as well as major declines.

CNBC US - 2026-05-16 13:46:45

Kevin Warsh comes into the Fed facing a big 'family fight' over cutting interest rates

With inflation spiking and Treasury yields surging, Warsh is likely to confront a Federal Open Market Committee in no mood to ease.

CNBC US - 2026-05-16 13:41:29

Stocks like Nvidia have accelerating 'momentum,' Goldman Sachs says

NVDA, NVDAN, NVDACL, NVD, NVDD, 1NVDA, 4NVDA, 0R1I, 918422

The firm says stocks like Nvidia are firing on all cylinders.

CNBC US - 2026-05-16 13:31:12

This federal program trains older workers. The Trump administration wants to cut it

The Senior Community Service Employment Program provides older, low-income individuals with an opportunity to train for work. But its future is uncertain.

CNBC US - 2026-05-16 13:30:01

Global oil stockpiles could hit record lows if Strait of Hormuz remains closed

UBS

The world's oil stockpiles could approach all-time lows by the end of May due to the Strait of Hormuz closure, according to UBS.

CNBC US - 2026-05-16 13:25:00

Alphabet's Googlebook Brings Gemini AI to PC Hardware

GOOGL, DELL, HPQ, MSFT

Alphabet (NASDAQ: GOOGL) has spent the past two years making one bold move after another in the AI race. From the Gemini model family to its 8th-generation TPU architecture, to Google Cloud's explosive 63% revenue growth to a $460 billion cloud backlog, the company has systemat

Nasdaq Earnings - 2026-05-16 13:20:00

Berkshire's new CEO overhauls portfolio, dumping a slate of stocks

BRK.A

Berkshire Hathaway's equity portfolio got one of its biggest renovations ever during Greg Abel's first three months as the company's CEO.

CNBC US - 2026-05-16 13:18:09

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