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The Latest Breaking News from CNBC

JPMorgan Says Renewed AI Boost Will Send U.S. Stocks Even Higher

JPMorgan said in a new report that U.S. stocks could continue climbing as a result of a renewed AI boost.

International Business Times

Vance trip to Pak put on hold after Tehran snubs US terms

With the two-week ceasefire coming to an end Wednesday, hopes of an end to the US-Iran war seemed elusive amid reports citing an American official saying that vice-president JD Vance’s trip to Islamabad for a second round of talks had been put on hold after Tehran failed to respond to…

The Times of India

Citi Says Oil Prices Could Surge to $130 A Barrel if Strait of Hormuz Remains Closed

Citi analysts warned of how quickly the oil market could tighten if the Strait of Hormuz does not fully reopen soon, noting that crude could climb as high as $130 a barrel.

International Business Times

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Self-Made Millionaire On $14,000 A Month In Passive Income Shares Side Hustle Secrets

Rachel Jimenez earns $14,000 a month from seven passive income streams after quitting her 9-to-5 in 2021 to sell digital products on Etsy.

International Business Times UK

Trump walks deal, talks bombs as Islamabad meet hangs in air; US and Iran play travel chicken

TOI correspondent from Washington: Increasingly seen as an agent of chaos even by his own base, US President Donald Trump on Tuesday said he expects to achieve “a great deal” with Iran after a second round of talks in Pakistan on Wednesday while at the same time saying he also…

The Times of India

'Thought I had understanding with Xi': Trump says ship seized by US had 'gift from China' for Iran

President Trump revealed the US seized a ship carrying "not very nice" items, calling it a "gift from China." He linked this to Iran tensions, threatening to bomb bridges and expressing no desire to extend the Iran ceasefire. Trump anticipates a "great deal" but also expects bombing, despite China denying…

The Times of India

US military ‘raring to go’ if Iran talks fail, says Donald Trump

Negotiations hang in the balance amid the ongoing tense stand-off in the Strait of Hormuz that continues to disrupt shipping.

Evening Standard

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New Psychedelics Push by Donald Trump Raises Questions About Federal Drug Policy Delays

Donald Trump's new psychedelics order aims to speed research but raises concerns about slow federal drug policy progress and delays.

International Business Times

Trump is ready to resume bombing Iran if negotiation talks stall: ‘the military is raring to go’

IN FULL

The Independent UK

Experts Warn Against 'Glass Half-Full' Perspective About Investing Through Iran War

Experts are warning that investors might be misreading the latest turns in the Iran war, including a brief reopening of the Strait of Hormuz on Friday with a "glass half-full view," according to a new report.

International Business Times

Wawa abandons drive-thru experiment in favor of mobile order pickup windows

The convenience’s store cult-like following fans that have helped it become America’s favorite convenience store

The Independent UK

Uber Eats Adds Easy Returns Option, But Customers Must Pay for Pickup

Uber Eats introduces instant refund returns with courier pickup, offering faster refunds for a fee and changing how online shoppers handle returns.

International Business Times

How Gas Prices Just Changed Your 2027 Social Security Check

Inflation and the Iran war have pushed gas prices higher, but that could mean a bigger 2027 Social Security COLA for retirees. Find out what to expect.

GOBankingRates

Iran War Jitters And Rising Mortgage Rates Cool Crucial U.S. Spring Housing Market, CNBC Survey Finds

A new CNBC survey finds Iran war fears and rising mortgage rates are chilling the key 2026 U.S. spring housing market, slowing buyer demand despite still‑tight inventory.

International Business Times

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International Business Times

Top Wall Street Banks Shed Thousands Of Jobs Despite Strong Profits: Report

Top Wall Street banks have shed thousands of jobs in the first quarter of the year despite notching record profits, according to a new report.

International Business Times UK

How To Refinance Student Loans Amid Backlogs For 643,000 Borrowers, Looming SAVE Plan Deadline

Over 643,000 US student loan borrowers remain stuck in repayment backlogs as the SAVE plan winds down and a 1 July deadline approaches.

Latin Times

Oxford Researcher Warns Young Americans' Happiness 'Falling Off a Cliff,' But Social Media Is Not The Only Factor

Jan-Emmanuel De Neve, the Oxford economist who helps steer the World Happiness Report, pointed to social media overuse, processed food, and fewer family ties as reasons for the lack of happiness among young Americans.

International Business Times

Oxford Researcher Warns Young Americans' Happiness 'Falling Off a Cliff,' But Social Media Is Not The Only Factor

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news in one place.

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International Business Times

Bank Of America Signals Resilient US Economy As Profits Rise On Trading Strength

Bank of America's latest results add to Wall Street signals that US economic activity is holding up despite persistent rate uncertainty.

International Business Times

Nearly 60% Of U.S. Farmers Report Worsening Finances As Fertilizer And Fuel Costs Climb, Survey Finds

American Farm Bureau Federation data shows sharp regional differences in affordability pressures as spring planting begins amid global supply chain disruptions affecting fertilizer shipments.

The Independent UK

Bernie Sanders issues blistering four-word response to Trump’s economic adviser’s take on rising oil prices over Iran war

Veteran left-winger ridicules National Economic Council Director Kevin Hassett over his attempts to reassure the public as war drags on and fuel crisis threatens to deepen

The Guardian - UK

IMF calls for countries to economise on energy supplies, and hails UK’s budget deficit improvement – as it happened

Rolling coverage of the latest economic and financial news, as IMF managing director Kristalina Georgieva gives a press conference in Washington DC

International Business Times

Iran War Could Cost The U.S. Up To $1 Trillion Over Time, Harvard Economist Warns

Harvard-backed estimates suggest prolonged conflict could reshape U.S. fiscal policy, defense spending and long-term debt trajectory

Fortune

Palantir CEO says working at his $316 billion software company is better than a degree from Harvard or Yale: ‘No one cares about the other stuff’

Sorry, Apple, Google, and OpenAI, Palantir’s billionaire boss, Alex Karp, says a job at his AI firm is the “best credential in tech.”

Fortune

Anthropic faces user backlash over reported performance issues with its Claude AI chatbot

“Claude has regressed to the point [that] it cannot be trusted to perform complex engineering,” one developer wrote.

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