Yet another record week for stocks. Strong first-quarter earnings and a war-driven spike in oil made for another historic week on Wall Street. Investors also made sense of a spate of economic data and the Federal Reserve’s latest interest rate decision. The S & P 500 and Nasdaq Composite gained 0.9% and 1.1%, respectively, over…
Squishmallow display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 1, 2026. Sarah Min | CNBC OMAHA, Nebraska — At the cavernous exhibit hall inside CHI Health Center Omaha, the annual “Berkshire Bazaar of Bargains” is still stocked with fan-favorite deals, just with a bit more breathing room this year. The 20,000-square-foot…
A potential pullback by Middle East sovereign wealth funds could drain hundreds of billions of dollars from the artificial intelligence boom and threaten key data center projects, according to tech investor Jack Selby. Middle East investors — including sovereign wealth funds and government entities — account for roughly a quarter of global investments committed to…
Pedestrians at Pitt Street Mall in Sydney, Australia, on Thursday, July 24, 2025. Brendon Thorne | Bloomberg | Getty Images Markets in Australia and Japan mostly rose Friday, mirroring gains on Wall Street that saw both the S&P 500 and Nasdaq Composite reach new highs. This comes as investors took in strong earnings from Apple…
Quotable Chris Weafer, the CEO of Micro-Advisory Partners, says the UAE’s OPEC exit frees one million barrels of spare capacity. He warns Kazakhstan and Venezuela may follow, leaving OPEC far less influential on global oil pricing. Published On 30 Apr 202630 Apr 2026 Click here to share on social media share-nodes Share googleAdd Al Jazeera…
Ford signage at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC DETROIT – Ford Motor raised its 2026 guidance on Wednesday after beating Wall Street’s first-quarter expectations and reporting a $1.3 billion tariff refund benefit after the U.S. Supreme Court ruled that some of President…
A Chipotle logo is displayed on a sign outside a restaurant on Jan. 9, 2026 in San Diego, CA. Kevin Carter | Getty Images Chipotle Mexican Grill on Wednesday reported surprising same-store sales growth, signaling the burrito chain could be starting to put last year’s woes behind it. Shares of the restaurant company rose about…
After decades of membership, the United Arab Emirates has decided to quit the oil producers’ group, OPEC, in order to focus on “national interests” and forge its own path, it has said. The move is seen as a major blow to the Vienna-based oil cartel – but will not spell the end of it altogether,…
Facade of a Taco Bell Cantina restaurant in Danville, California, Jan. 8, 2026. Smith Collection | Gado | Archive Photos | Getty Images Yum Brands on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by another strong quarter for Taco Bell. Here’s what the company reported compared with what Wall Street was expecting, based…
Starbucks on Tuesday raised its full-year outlook for comparable earnings and same-store sales growth after reporting its second straight quarter of traffic growth. “This quarter marked a milestone for Starbucks – and the turn in our turnaround,” CEO Brian Niccol said in a video posted alongside the company’s fiscal second-quarter results. For fiscal 2026, Starbucks…
