Author: Editor-In-Chief
U.S. President Donald Trump speaks at a Rose Garden Club event in the White House Rose Garden on July 6, 2026 in Washington, DC. Mandel Gunn | AFP | Getty ImagesPresident Donald Trump said Monday that the United States would “get paid” for guarding the Strait of Hormuz, a key oil shipping route and the center of the escalating war with Iran.”We’re going to keep the Straits open, and we’re probably going to do that,” Trump said in an interview on Fox News. The interview took place amid renewed gunfire between the United States and Iran, and the prospect of…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Monday. I spent the weekend participating in an overnight trail race in Vermont. Even if you stayed home, you probably still felt the pinch of inflation.Stock futures are falling this morning. of S&P500 Coming off a winning week.Here are five important things investors need to know to start their trading day.1. Air ForceU.S. President Donald Trump speaks during a press conference during the NATO Summit at the Presidential Palace in Ankara, Turkiye, July 8, 2026. (Photo by Klaudia Radecka/NurPhoto via Getty Images)Null Photo | Null…
Air raid sirens are ringing across the Gulf as the United States and Iran launch another major attack on each other, and tensions are rising as the two countries’ fragile cease-fire agreement has unraveled over the past week.Oil prices soared and markets plummeted after the Iranian government closed off the Strait of Hormuz, the world’s energy kill switch and the biggest flashpoint in the ongoing conflict.”Revenge is the will of the nation,” Iran’s Supreme Leader Mojtaba Khamenei said after US President Donald Trump said the ceasefire signed in April between the belligerents was “over.”So have the US and Iran returned…
london — British Home Secretary Shabana Mahmoud said on Monday that British counter-terrorism police are now leading an investigation into the alleged murder of former British lawmaker Anne Widecombe “based on new information and evidence”. Police previously said there was no information to suggest Mr Widecombe’s killing was an act of terrorism or politically motivated. “Police are conducting multiple investigations to determine the motive for this attack,” Mahmoud said in the update, adding that he would brief MPs in the House of Commons on Monday afternoon. The former MP was found dead at his home in Haytor, Devon, western England,…
Already a leading exporter of electric vehicles, Chinese automakers are expanding their footprint by announcing investments and building factories on nearly every continent. Analysts told CNBC that these car companies are outspending U.S. automakers, and that the U.S. risks becoming isolated and less competitive as China increases its presence. “We’re facing a situation where companies like China’s BYD are effectively becoming the new GM or Ford of the electric vehicle era,” said Kyle Zhang, a fellow at the Brookings Institution. “They benefit from scale by building global supply chains through long-term investments around the world, and it will become increasingly…
NEW DELHI, INDIA – JULY 9: People are seen crossing a flooded road after heavy rains at Ghazipur Sabzi Mandi on July 9, 2026 in New Delhi, India. (Photo credit: Raj K Raj/Hindustan Times via Getty Images)Hindustan Times | Hindustan Times | Getty ImagesIndia’s consumer price inflation rose to 4.38% in June from 3.93% in May as the US-Iran war and weak monsoon pushed up food and fuel prices, increasing cost pressure.The headline inflation rate exceeded economists’ expectations for a 4.30% rise, according to a Reuters poll.The year-on-year inflation rate based on the All India Consumer Food Price Index (CFPI)…
Meta’s 5 GW Hyperion data center under construction in Richland Parish, Louisiana, January 9, 2026.Courtesy of Metameta A massive Hyperion data center project in rural Louisiana is becoming much larger and more expensive with significant support from the state government.Meta’s largest data center, the site in Richland Parish, Louisiana, will be a 5GW facility costing more than $50 billion, the company said in a blog post Monday. This is meta and blue owl capital has formed a joint venture to help build and manage the facility, which was originally planned as a 2GW data center.Meta and hyperscalers become rivals as…
French firefighters are battling a huge blaze in a forest just south of Paris as a devastating heatwave sweeps across Europe, causing deadly damage. More than 3 square miles (800 hectares) of the Fontainebleau Forest has burned and firefighting aircraft are pumping water from the Seine River as part of efforts to contain the blaze, CNN affiliate BFMTV reported on Monday. French Interior Minister Laurent Nuñez told reporters that police were investigating whether the fire was intentionally started. Nuñez said in a post on Sunday’s X that wildfires were also burning in other parts of the country. Wildfires are not…
U.S. Treasury yields were almost flat on Monday after tensions escalated over a cease-fire agreement between the United States and Iran, which saw both sides strike over the weekend. The yield on the 10-year Treasury note, a key indicator of U.S. government borrowing, was little changed at 4.473%.The yield on two-year Treasuries, which is more closely tied to the Federal Reserve’s short-term interest rate policy, rose more than 1 basis point to 4.223%. The yield on 30-year government bonds remained unchanged at 5.071%.One basis point equals 0.01%, and yields and prices move in opposite directions.The new wave of attacks by…
A model of the CA-1 Europa unmanned aircraft manufactured by defense contractor Helsing is on display in front of the company’s booth at the International Aerospace Exhibition (ILA) at Berlin Expo Center Airport.Sebastian Christoph Gornau Picture Alliance | Getty ImagesEuropean defense startup Helsing announced Monday that it has raised $1.8 billion in a funding round that values the German company at $18 billion.New and existing investors participated in the financing, including US investment bank JPMorgan Chase and venture capital funds such as Lightspeed Venture Partners and Iconic.”Investor demand significantly exceeds available allocation, reflecting strong and growing confidence in AI-driven and…