Mojtaba Khamenei; the son of the Iranian Supreme Leader Ayatollah Ali Khamenei; is seen in Tehran; Iran; on December 14; 2016. Reza B | Afp | Getty Images Iran’s new supreme leader, Ayatollah Mojtaba Khamenei, has a new “verified” account on X, the influential social media platform owned by Elon Musk. Khamenei, whose X handle…
NASCAR betting has become increasingly popular as sportsbooks expand their motorsports markets. In addition to wagering on the race winner, bettors can place wagers on driver matchups, top-finishing positions, stage winners, and other prop bets tied to individual drivers. Because NASCAR races feature large fields and unpredictable outcomes, betting markets often offer longer odds than…
Amid a war in Iran, inflation pressures, a weakening job market and an uncertain outlook for tariff policy, Federal Reserve officials will meet next week and announce a decision on interest rates. The federal funds rate, set by the Federal Open Market Committee, is the rate at which banks lend to one another overnight, but it…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Global collectors shrugged off the stock market declines and the war in Iran last week to spend more than $600 million…
The Iran war is forcing a rapid rethink among U.S.-wary global investors, who are increasingly scaling back their ‘Sell America’ bets and instead seeking sanctuary in the world’s largest and most liquid market. Nick Nelson, head of global equity strategy at Absolute Strategy Research, said that in the run-up to the conflict, the U.S. had…
Rajesh Jha, executive vice president of experiences and devices at Microsoft Corp., speaks at the Microsoft Build event in Seattle, Washington, US, on Tuesday, May 21, 2024. The event allows attendees to grow their skills in topics such as building copilots, generative AI, securing applications, cloud platforms, and low-code. Chona Kasinger | Bloomberg | Getty…
Federal Reserve chairman nominee Kevin Warsh’s chances of getting quickly confirmed by the Senate looked as gloomy as the weather in Washington on Thursday as he met with more senators in a bid to bolster his chances. “It doesn’t look like such a nice day today,” Warsh quipped to a CNBC reporter in the Hart…
March is filled with drama, but for a pair of blue-blood brands, it might come down to the longest wait in sports: Selection Sunday. The Texas Longhorns and Indiana Hoosiers both find themselves squarely on the bubble heading into Selection Sunday. According to FOX Sports bracket forecaster Mike DeCourcy, Texas remains among his “Last Four…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The Dow plunged more than 500 points on Thursday as oil prices continued to surge after Iran’s new Supreme Leader, Mojtaba Khamenei, said the Strait of Hormuz would stay…
Workers assemble a Leonardo AW139 helicopter on the production floor at the Leonardo plant in Varese, Italy, on Thursday, March 20, 2025. Bloomberg | Bloomberg | Getty Images Italian defense firm Leonardo said it is “positioned on a path of strong growth” on Thursday, as European defense companies stand to gain business from the war…
