Author: Editor-In-Chief
As President Donald Trump prepares to head to China for crucial negotiations with the leader of the world’s second-largest nation, it is becoming clear that the political and economic damage caused by the Iran war will not simply be ignored. Even if a deal is reached tomorrow to restart oil tanker operations, and there is little sign of that happening, Americans face months or more of fresh inflation concerns.The question now is not whether President Trump will defend his war goals with dignity. The question is whether his presidency can recover from the body blows of war. President Trump has…
Reuters — Ukrainian authorities on Monday named President Volodymyr Zelenskiy’s powerful former chief of staff as a suspect in a major corruption investigation, a move likely to increase pressure on the presidential administration at a sensitive time in the war with Russia. Kiev’s political class was shaken last year by a wide-ranging investigation that sparked public anger and prompted the resignation of Andriy Yermak, a former top adviser and Mr. Zelenskiy’s right-hand man. Ukraine’s anti-corruption authorities said in a statement that Yermak is suspected of participating in a criminal group that laundered approximately $10.5 million through luxury housing developments on…
Jake Paul may never return to boxing as he continues to recover from a stoppage loss to Anthony Joshua in December.Social media star Paul became a professional fighter in 2020, but when he faced Joshua late last year he gained even more weight and the level of his opponent improved significantly. Paul has primarily boxed at cruiserweight, and in Joshua he faced the former two-time unified heavyweight champion and Olympic gold medalist. Joshua knocked him out in six rounds. Paul suffered two fractures in his jaw and subsequently required surgery to have two titanium plates fitted and some of his…
New types of design tools, such as Perpexity’s Visual Electric, Figma’s Weavy, Flora, and Krea, have become popular over the past few years thanks to AI. These tools promise to leverage AI to help product teams, including designers, iterate on variations quickly. Dessn, a new design startup currently backed by $6 million, believes design tools that don’t allow you to work directly with the codebase can limit your ability to imagine new workflows and features. That’s why Dessn has developed technology that allows startups to run their codebases in the cloud with no setup costs. To do this, we abstract…
The prices consumers pay for a wide range of goods and services rose faster than expected in April, further raising concerns about the impact of inflation on the U.S. economy.The Consumer Price Index rose a seasonally adjusted 0.6% in the month, bringing the yearly pace to 3.8%, the Bureau of Labor Statistics said Tuesday. The monthly rate was in line with expectations, but the annual rate was 0.1 percentage point above the Dow Jones consensus. Core CPI, excluding food and energy, rose 0.4% and 2.8%, respectively, with inflation well above the Federal Reserve’s 2% target. Fed officials believe the core…
Satellite image of the Salalah oil storage fire in Oman. An Iranian drone strike on March 11 sparked a fire and sent a plume of smoke into a strategic port in the Gulf of Oman, amid a broader conflict with Iran. Photographed on March 13, 2026.Gallo Images | Orbital Horizon | Copernicus Sentinel Data 2026 | Getty ImagesOil prices rose on Tuesday after US President Donald Trump said a cease-fire with Iran was on life support after rejecting Tehran’s counter-offer to end the war, suggesting the Middle East conflict could be prolonged. international benchmark brent crude oil As of 7:57…
E-bay rejected on tuesday game stop“The unsolicited bid is neither credible nor attractive,” he said of the company’s $56 billion takeover bid. GameStop CEO Ryan Cohen announced a bold takeover offer for eBay last week, offering to buy the online marketplace for $125 a share in a cash and stock deal. eBay is much larger than the video game retailer, with a market cap of just over $48 billion, while GameStop’s market cap is about $10.3 billion.”The board, with the assistance of independent advisors, has thoroughly considered your proposal and has decided to reject it,” Paul Pressler, chairman of eBay’s…
Paul Merson says fan reaction at Liverpool shows Arne Slott is up to it at Anfield, but the Sky Sports pundit remains confident they can finish above Man United next season.It has been a difficult season for Liverpool, who have fallen dramatically in the table since winning the Premier League in their first season in the slot last year. Their wait for Champions League qualification continues after last Saturday’s 1-1 draw at home to Chelsea, a result that was booed by the Anfield crowd. Despite further criticism of Slott from supporters, he is believed to maintain the support of Anfield’s…
Top Shot – U.S. President Donald Trump (left) and Chinese President Xi Jinping arrive for a meeting at Gimhae Air Base adjacent to Gimhae International Airport in Busan on October 30, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesHello, my name is Hui Jie from Singapore. Welcome to another edition of CNBC’s Daily Open.After weeks of insisting that the Iranian ceasefire holds (despite continued military attacks by both sides during the ceasefire period), US President Donald Trump has finally acknowledged something that has become increasingly difficult to ignore: the situation in the region may be deteriorating again. President Trump has repeatedly…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Tuesday. If you are a big person Amazon For users, orders can arrive much faster. The e-commerce giant this morning announced plans to roll out 30-minute delivery in dozens of U.S. cities. Stock futures are falling before the bell after yesterday’s strong trading.Here are five important things investors need to know to start their trading day.1. Selective hearingJaap Ariens | Nurfoto | Getty ImagesPresident Donald Trump didn’t mince words yesterday about Iran’s counter-proposal, telling reporters that Iran’s proposal to end the war is “garbage” and…