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 14:50:24The 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 14:01:14For 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 13:46:45Kevin 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 13:41:29This 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 13:30:01Global oil stockpiles could hit record lows if Strait of Hormuz remains closed
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 13:25:00Alphabet's Googlebook Brings Gemini AI to PC Hardware
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 13:20:00Berkshire's new CEO overhauls portfolio, dumping a slate of stocks
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