Author: Editor-In-Chief

Tourists passing by the Capitol Building in Washington, DC, USA, and their reflection in the window of a parked ambulance on April 14, 2026. Evelyn HochsteinReuterHello, my name is Dylan Butts from Singapore. Welcome to another edition of CNBC’s Daily Open.The market appears to believe that a deal between the US and Iranian governments is within reach.Stocks extended their gains again on Tuesday, with the S&P 500 climbing toward record levels as investors bet that U.S.-Iran negotiations were on track. But that optimism may be ahead of reality. Negotiations have already stalled once, with the Strait of Hormuz now under…

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Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream weekdays at 10:20 a.m. ET. A recap of Wednesday’s key moments. 1. The major averages were mixed on Wednesday. The blue-chip Dow Jones Industrial Average fell about 200 points, while the S&P 500 index rose about 0.3%. Leading the way was the Nasdaq, up nearly 1%. The tech-heavy index hasn’t seen a decline since March 30. Bond markets have calmed down again, continuing to give stock prices the breathing room they need, Jim Cramer said. Oil prices also didn’t rise much, with U.S. benchmark WTI crude gaining just 30 cents…

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Jeanine Pirro will be sworn in as the new interim U.S. attorney for the District of Columbia at a ceremony hosted by U.S. President Donald Trump at the White House in Washington, DC, on May 28, 2025. Leah Millis | ReutersFederal prosecutors are continuing to put pressure on the Federal Reserve over the Trump administration’s allegations of irregularities in the ongoing renovation of the building, as well as Powell’s testimony to Congress about it. But legal experts say the investigation by U.S. Attorney Jeanine Pirro for the District of Columbia appears to be stalling, and she is running out of…

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Nairobi, KenyaReuters — A Kenyan court on Wednesday sentenced a Chinese man to a 1 million shilling ($7,746) fine and 12 months in prison for trying to smuggle live ants out of the country. The judge in the case said a harsh sentence was needed as a deterrent, given the spate of ant trafficking cases in Kenya. This is available to markets such as China, where hobbyists pay large sums of money to maintain ant colonies in large transparent containers known as fornicariums, where they can study the ants’ complex social structure and behavior. Chinese national Zhang Kegun was arrested…

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Arne Slott says Liverpool need to raise money through a sale before signing a new contract this summer.Liverpool spent a record £446.5m last summer, but with Mohamed Salah and Andrew Robertson set to leave on free transfers and fears that Hugo Ekitike was seriously injured, the need to continue the rebuild after a difficult season was shown. The club covered last summer’s expenses by selling a series of players, including Darwin Nunez, Luis Diaz, Jarrell Quansah, Caoich Kelleher, Ben Gannon-Doak and Tyler Morton. And with many of last summer’s new signings, including Alexander Isak and Florian Wirtz, struggling for form…

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“Give me a token. Give me a token. I want it fast. I want it cheap. I want it now.” This is the mantra for developers building software based on generative AI models, or at least what Parasail CEO Mike Henry is hearing. Parasail provides cloud computing services to companies running AI models for inference, and Henry told TechCrunch that the company generates 500 billion tokens per day. What about tokenmaxxing? Henry is an executive at Groq, an LLM-focused chipmaker where he built the company’s cloud products. We recognized early on that developers building software based on AI models wanted…

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Aerial view of Marathon Oil Company’s Los Angeles Refinery on April 2, 2026 in Carson, California. Justin Sullivan | Getty ImagesThe Iran war is beginning to affect the U.S. economy in both overt and less obvious ways, with rising energy costs leading the way and potential damage to broader growth smoldering beneath the surface.Although fears of a recession have been heightened since the fighting began more than six weeks ago, most economists think the war will have a small impact on gross domestic product, perhaps shaving only a few tenths of a percentage point overall.However, there are important caveats, mainly…

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Traders work on the floor of the New York Stock Exchange during morning trading on April 13, 2026 in New York City. Michael M. Santiago | Getty ImagesLONDON – European stock markets ended lower on Wednesday as traders assessed the course of the U.S.-Iranian war and prospects for a resumption of peace talks. pan-european Stocks 600 The index closed more than 0.4% lower, with most major exchanges and sectors in negative territory. European luxury brands have reported a series of disappointing financial results, pushing the French stock market into negative territory.kering Gucci, the company’s biggest brand, posted weaker-than-expected sales, sending…

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Thousands of revelers dressed as Santa Claus and other famous characters take part in the annual SantaCon Pub Crawl on Saturday, December 13, 2025 in New York City, USA. Selcuk Achar | Anadolu | Getty ImagesFederal prosecutors in New York announced that the president of SantaCon was arrested Wednesday on federal criminal charges alleging he used a ticketed Christmas bar crawl event to divert hundreds of thousands of dollars earmarked for charity.According to the US Attorney’s Office for the Southern District of New York, defendant Stephen Pildes said, “SantaCon’s proceeds were used to pay for extensive renovations to a lakefront…

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President Trump said in an interview with Fox Business that he would fire Powell if he did not leave the board at the end of his term.Published April 15, 2026April 15, 2026US President Donald Trump said he would remove Federal Reserve Chairman Jerome Powell from another seat on the central bank’s board unless he voluntarily resigns when his term ends on May 15.The president doubled down on his threats against Powell on Wednesday, saying in an interview with Fox Business that if Powell does not resign, “I have to fire him.”Recommended stories list of 4 itemsend of listPresident Trump told…

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