Large commercial vessels and a small boat navigate the waters off the southern port city of Bandar Abbas, Iran on June 21, 2026. Anadolu | Anadolu | Getty Images A tanker in the Strait of Hormuz was reported to have been struck by a projectile on Saturday, the latest escalation of tensions between the U.S….
A Wendy’s restaurant is seen on November 10, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images Wendy’s shares surged on Wednesday, fueled by a burst of retail investor enthusiasm that appears disconnected from the fast-food chain’s latest executive appointment. The stock climbed more than 42% on heavy volume at one…
Sunday marks 100 days since the war in the Middle East began, and the conflict continues to drive substantial volatility across all asset classes in every region of the world as a lasting peace deal remains elusive. Negotiations between the U.S. and Iran have stagnated, with Washington and Tehran sending mixed messages on the state…
Tencent’s Chief AI Scientist Yao Shunyu (R) discusses the tech outlook with Tencent CNBC | Evelyn Cheng BEIJING — A former OpenAI researcher is now chief AI scientist for Tencent in China, and wants to build artificial general intelligence. It’s a sign of a shift in the U.S.-China tech race. AI with human-level or above…
Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC OMAHA, Nebraska — In his debut running Berkshire Hathaway‘s annual meeting, Greg Abel delivered what many shareholders came to see: a steady hand, a firm grasp of the sprawling conglomerate and just enough of…
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…
The restauranteur behind New York’s famed Carbone said there’s been a big shift in consumer behavior with younger customers spending less on alcohol but more on high-end dining experiences. “They’re definitely health conscious. There’s certainly been a trend of drinking less,” Mario Carbone, the CEO of Major Food Group, said on “Mad Money” on Friday….
