Kevin Warsh, nominee for chairman of the Federal Reserve, is sworn in to his Senate Banking, Housing and Urban Affairs Committee confirmation hearing in Dirksen building on Tuesday, April 21, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images President Donald Trump will swear in Kevin Warsh, his hand-picked choice to lead the Federal…
The EU will downgrade its growth forecast because of the “stagflationary shock” caused by the Iran war, the bloc’s commissioner for the economy told CNBC. Valdis Dombrovskis, European Commissioner for Economy and Productivity, told CNBC’s Charlotte Reed that the spring forecast, released later this week, will see economic growth figures adjusted down and inflation figures…
Despite elevated aluminum production costs and shipment timing issues, Alcoa (AA) is strongly capitalizing on structurally higher prices. LME aluminum has recently surged to four-year highs, driven by geopolitical tensions in the Middle East and a tightening global supply balance. This favorable macro pricing environment creates a compelling opportunity for a buy-write (covered call) strategy…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Christine Tan speaks with Roger Lee of TAL Apparel, Michael Mertin of AT&S and Dr Prem Kumar Nair of IHH Healthcare about how CEOs are navigating constant disruption, from tariffs and supply chain shocks to AI and geopolitical risk. While Lee says…
Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters When Meta CEO Mark Zuckerberg told employees about his plan in late…
LONDON – Global oil stockpiles are plummeting and inventories may not recover until December 2027, strategists warn, with physical shortages potentially looming over Europe by the end of this month. Jeff Currie, executive co-chairman at Abaxx Commodity Exchange, said that physical shortages could hit Europe “any day now,” and the severity of the ongoing supply…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Low-cost airline Ryanair is confident it can maintain a full summer schedule and doesn’t anticipate any cancellations. Chief Financial Officer Neil Sorahan spoke to CNBC’s Ritika Gupta about how alternative jet fuel supplies are helping to ease pressure, but that energy costs…
Global markets may be due for a period of consolidation after a sharp rally in equities, even as the longer-term outlook for stocks remains positive, according to Citi Wealth’s chief investment officer Kate Moore. Speaking to CNBC on the sidelines of the Citi Pan Asia Conference, Moore said markets have been more resilient than investors…
The flags of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union ahead of the Group of Seven (G-7) Leaders’ Summit in Banff, Alberta, Canada, on Saturday, June 14, 2025. Bloomberg | Bloomberg | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s…
LONDON, ENGLAND – JULY 9: British Prime Minister Sir Keir Starmer hosts the first roundtable of regional English mayors with Andy Burnham (R) Mayor of Greater Manchester, at Downing Street on July 9, 2024 in London, England. Sir Keir Starmer hosted the first roundtable with metro mayors from 11 regions across England. (Photo by Ian…
