Oil prices rise more than 4% on escalating U.S.-Iran tensions
The U.S. is preparing to evacuate all non-essential personnel from its embassy in Baghdad, two State Department officials told NBC…
Category: Economy
Bessent floats extending tariff pause for countries in ‘good faith’ trade talks
President Trump's officials have repeatedly said they are nearing trade deals with several countries, without releasing specifics of most of…
Immigrant framed for Trump threats can be released on bond, judge says
The Homeland Security Department still wants Ramon Morales-Reyes deported despite conceding he did not write threatening letters about President Trump.…
Anduril tops 2025 CNBC Disruptor 50 list as interest and investment in defense tech booms
Defense contractor Anduril is the No. 1 2025 CNBC Disruptor 50 company as the ties between Silicon Valley technology and…
RFK Jr.’s firing of CDC vaccine panel undermines science, could threaten public health, experts say
Some experts say the move undermines science, disrupts a trusted regulatory process and could sow public distrust in vaccinations and…
World Bank sharply cuts global growth outlook on trade turbulence
"This would mark the slowest rate of global growth since 2008, aside from outright global recessions," the World Bank said…
Apple’s WWDC underwhelms on AI, but software gets biggest facelift in over a decade
Apple investors waiting for the company to make a big push in artificial intelligence didn't have much reason for excitement…
China consumer prices slump again, deepening deflation worries as demand stays weak
The economy got a relief after the U.S. and China struck a preliminary deal in Switzerland that led both sides…
China’s exports to the U.S. clock their sharpest drop in more than 5 years — down over 34% in May
U.S. and China struck a preliminary deal in Geneva, Switzerland, last month that led both sides to drop a majority…