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U.S. says Strait of Hormuz is 'free and open' as Bessent says deal with Iran is close

U.S. says Strait of Hormuz is 'free and open' as Bessent...

U.S. Central Command said the "southern route of the Strait of Hormuz remains free...

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SpaceX's AI spending unnerves Wall Street despite promises of quick payoff

SpaceX's AI spending unnerves Wall Street despite promises...

In addressing Wall Street for the first time since SpaceX's IPO, executives tried...

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GM, Chinese automaker extend joint venture for 20 years despite geopolitical tensions with U.S.

GM, Chinese automaker extend joint venture for 20 years...

GM said the deal will focus on domestic sales of Buick and Cadillac models in China...

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CNBC Daily Open: Mixed messaging on Iran-U.S. possible deal — but markets are cheering

CNBC Daily Open: Mixed messaging on Iran-U.S. possible...

Developements relating to the Strait of Hormuz remain in focus, amid op Washington...

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SoftBank jumps 10% as Asia tech stocks track Wall Street AI rally

SoftBank jumps 10% as Asia tech stocks track Wall Street...

Asian technology stocks rallied on Wednesday after Wall Street's record-setting...

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Europe's heatwave isn't cooling Asian travelers' holiday plans for the continent

Europe's heatwave isn't cooling Asian travelers' holiday...

Asian travelers' appetite for Europe remains resilient despite record-breaking heat,...

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China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts

China's super-rich 'in shock' and hunting for cash as Beijing...

Beijing's move to tax offshore trusts, long used by China's ultra-rich to hold money,...

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Sen. Susan Collins will oppose Blanche, a critical blow for Trump's AG pick

Sen. Susan Collins will oppose Blanche, a critical blow...

Attorney General nominee Todd Blanche needs at least 50 votes on the Senate floor...

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McDonald's says its U.S. business is falling short as it announces new head of its largest market

McDonald's says its U.S. business is falling short as it...

McDonald's stock has fallen more than 11% this year, dragging its market cap down...

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Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'

Michael Burry bets against rally: 'We are near a major...

"I continue to believe it is possible we are near a major top, and possible a 1987-type...