CNBC Daily Open: Watching Iran’s economy; a losing game for bonds
Treasury Secretary Scott Bessent speaking to CNBC on May 14th, 2026 from Beijing, China. CNBC Hello, this is…
Microsoft commits $2.5 billion, 6,000 employees AI implementation unit
FILE PHOTO: Judson Althoff, CEO of Microsoft’s commercial business, appears during an interview in San Francisco on Jan.…
Analysis: The Iran war has made inequality worse. An end won’t fix it
A driver refuels a vehicle with regular gasoline at a Shell gas station in Hercules, California, May 21,…
Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across…
OPEC+ debates making oil output hike amid Iran war paralysis: Reuters
Jonathan Raa | Nurphoto | Getty Images OPEC+ may approve an oil output increase on Sunday, four sources…
South Korea proposes extra $17 billion budget to cushion energy costs fueled by Iran war
Workers install solar power infrastructure at a public parking lot within the National Assembly grounds in Yeouido, Seoul,…
Rising oil prices could lift food costs—but hoarding makes it worse
Rising oil prices tend to push up the cost of groceries, but that doesn’t mean shoppers need to…
The economy has Strait of Hormuz deadline for Trump: Two weeks
An Islamic Revolutionary Guard Corps (IRGC) speed boat sailing along the Persian Gulf near a cargo vessel. Nurphoto…
How to weather the global energy crisis: IEA
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run…
Bank of Japan keeps rates steady as expected, warns Iran war may push up inflation
The Bank of Japan (BOJ) headquarters is seen beyond the cherry blossoms in Tokyo on March 20, 2023.…
Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%
Economic growth was much slower than expected in the final three months of 2025 while core inflation rose…
Iran war heightens affordability issues ahead of March Fed meeting
Amid a war in Iran, inflation pressures, a weakening job market and an uncertain outlook for tariff policy, Federal…