International LNG Prices Surge Following Strait of Hormuz Closure
Global liquefied natural gas (LNG) prices have experienced a significant increase in key Asian and European markets following the closure of the Strait of...
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Markets Brace for Overdue Correction Amid Energy Crisis, Inflation, and Geopolitical Tensions
Concerns are mounting that the energy crisis stemming from the closure of the Strait of Hormuz may not be resolved as quickly as initially...
Sam Altman Testifies Elon Musk Sought Control of OpenAI, Suggested Passing It to Children
Sam Altman, co-founder and chief executive of OpenAI, revealed to a federal jury that Elon Musk had sought significant control over the artificial intelligence...
Hidden Market Weakness Persists Despite New Highs, Fueled by Concentrated Tech Gains
Despite recent advances pushing major stock indices to new highs, underlying market breadth and participation suggest a hidden weakness.
Companies Begin Receiving Tariff Refunds After Supreme Court Ruling
The initial wave of refunds for tariffs deemed unconstitutional by the Supreme Court has started to reach companies.
Marty Makary Out as FDA Commissioner Amidst Backlash and Internal Turmoil
Marty Makary has been removed from his position as Commissioner of the Food and Drug Administration (FDA), President Donald Trump announced Tuesday.
U.S. Natural Gas Inventories End Winter Near Five-Year Average
natural gas inventories concluded the winter heating season at levels closely aligned with the five-year average, according to data from the U.
GM Employees Recount Abrupt Layoffs, AI’s Role, and Severance Details
Several General Motors employees recently laid off described their termination experiences to CNBC, detailing abrupt virtual meetings, scripted human resources messages, and the perceived...
Middle East Gulf Supplied 8% of U.S. Crude Oil Imports in 2025
In 2025, the United States sourced an average of 490,000 barrels per day (b/d) of crude oil from the Middle East Gulf region, which...
Summer Box Office Surges Past $160 Million in Weekend Ticket Sales
The domestic box office has kicked off the summer season with a robust performance, generating $161.