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UK vows to spend 5% of GDP on national security by 2035

The announcement comes ahead of a two-day Nato summit in the Netherlands.

Industry Three days ago

Super Micro shares fall on planned $2 billion convertible debt offering

Super Micro said on Monday that it’s offering $2 billion in convertible notes due 2030.

Industry Three days ago

Middle East ocean freight rates soar on Iran conflict, Strait of Hormuz shipping risks

Ocean freight rates for vessels operating in the Mideast are soaring as risks rise around the Strait of Hormuz and Iran conflict.

Industry Three days ago
US PMIs Beat Expectations In Early June Data, But...

US PMIs Beat Expectations In Early June Data, But...

Following May's resurgence in 'soft' survey data, S&P Global's PMI surveys were expected to dip mode

Industry Three days ago

Fiserv debuts bank-friendly stablecoin as fintechs join digital dollar race

The launch coincides with growing momentum in Congress, as the Senates passage of the Genius Act signals rising institutional support for stablecoins.

Industry Three days ago

Tech stock safety trade of recent market years has changed, especially for Apple

Tech stocks including Apple surged during the 2020 volatility associated with Covid, but this year, investors are taking a different approach to the market.

Industry Three days ago

Where stock market's safety trade has moved now that Apple is no longer it

Tech stocks including Apple surged during the 2020 volatility associated with Covid, but this year, investors are taking a different approach to the market.

Industry Three days ago

May home sales increase very slightly, but prices hit another record high

Sales of existing homes rose very slightly in May from April but were still weaker than they were a year ago. Prices rose, hitting a record high for May.

Industry Three days ago

Tech investor Prosus bets on India to produce a $100 billion company

India will produce a $100 billion tech company in the coming years, the CEO of Prosus told CNBC.

Industry Three days ago

New Stellantis CEO faces slew of challenges, vows to avoid mediocrity'

Antonio Filosa, a 51-year-old Italian native, is taking over as CEO as the automaker deals with fractured relationships, regulatory uncertainty and more.

Industry Three days ago

Treasury yields fall as crude oil retreats and another Fed governor floats idea of July rate cut

U.S. Treasury yields dropped as crude oil prices reversed overnight gains and as Fed Governor Michelle Bowman said she would conditionally back a July rate cut.

Industry Three days ago

Treasury yields inch higher after U.S. bombs Iran

U.S. Treasury yields inched higher on Monday after the U.S. bombing of Iran and as investors awaited a batch of key economic data this week.

Industry Three days ago

Dollar surge could be short-lived after U.S. strike on Iran

Analysts say the dollar rally is masking concerns over U.S. fiscal policy, trade wars, and weakening international demand for U.S. assets.

Industry Three days ago

European markets start the week lower as Middle East crisis worsens

Join CNBC for live updates on European markets.

Industry Three days ago

European defense stocks sell-off intensifies after U.S. hits Iran

Join CNBC for live updates on European markets.

Industry Three days ago

European markets set to start the week lower as Middle East crisis worsens

Join CNBC for live updates on European markets.

Industry Three days ago

Why global markets are brushing off U.S. strikes on Iran

Investors are largely shrugging off escalations in the Middle East, with many strategists believing the conflict to be contained.

Industry Three days ago

Oil at $100 a barrel? U.S. role in Iran-Israel fight fuels market jitters

Oil markets are entering a new phase of uncertainty after the U.S. entered the war between Iran and Israel, said industry watchers.

Industry Three days ago

CNBC Daily Open: Have Trump's strikes on Iran bolstered or eroded his credibility?

The United States on Saturday conducted air strikes on three of Iran’s nuclear sites, joining Israel’s war against Tehran. The timing was…

Industry Three days ago

Asia-Pacific markets set to open lower as U.S. bombing of Iran escalates Middle East crisis

Oil prices have spiked in recent weeks following the increased tensions in the Middle East.

Industry In a week
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