Oil is starting to matter to the stock market again. Stocks have had a curious relationship to oil prices over the last month, with the two assets rising in tandem. Since the close of April 8 , around when President Donald Trump announced a fragile ceasefire with Iran, the S & P 500 rallied 7.2%,…
European stocks soared on Wednesday as traders responded to reports that the U.S. and Iran are close to an agreement that will bring an end to the war. The White House expects an Iranian response on “several key points”, including a moratorium on nuclear enrichment, in the next 48 hours, Axios reported. The countries are…
VIENNA — For more than a century, only conservators and experts could catch a close-up glimpse of early works by Austrian artist Gustav Klimt in Vienna, but Klimt fans are now getting that opportunity on daily guided tours high up on scaffolding. The 10 oil paintings, which are on the 18-meter-high (60-foot-high) ceilings of the…
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People walk past a sign for Novo Nordisk’s annual general meeting at the entrance to the venue in Copenhagen, Denmark, March 26, 2026. Tom Little | Reuters Novo Nordisk hiked its annual profit guidance on Wednesday, as the drugmaker said its Wegovy weight-loss pill performed better than expected in the first three months of the…
The PGA Tour returns to Quail Hollow Club in Charlotte, North Carolina for the sixth of eight Signature Events this season. The Truist Championship features a 72-player field and serves as a key tune-up ahead of next week’s PGA Championship. The major storyline this week is Rory McIlroy returning after a three-week hiatus following his…
A screen is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. Andrew Kelly | Reuters A global finance watchdog is demanding national regulators better scrutinize private credit, warning that banks, asset managers, insurance and private equity firms are exposed to an assortment of growing risks…
A sign saying “Sorry, No Petrol” on the forecourt of a BP service station during a fuel shortage in London on Feb 9, 1971. Evening Standard | Hulton Archive | Getty Images This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch For Britons of a…
Six weeks into the MLB season, the landscape of the AL Central changed in an instant on Monday afternoon. Detroit Tigers pitcher and back-to-back Cy Young winner Tarik Skubal was scratched from his scheduled start on Monday night against the Boston Red Sox, followed by a report that he would undergo surgery for loose bodies…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are climbing to new record highs , and the AI infrastructure buildout theme is leading the charge once again. Unlike Monday’s market pullback, oil prices…
