Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Five top tech stocks with major upside, Bank of America says
Bank of America reveals its top tech stocks heading into the second half.
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Massive bonuses for South Korea’s chip workers puts central bank on inflation alert
Workers from tech industries receive bonus worth millions of won, prompting the Bank of Korea to warn of the upward pressure to inflation.
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Iran closes Strait of Hormuz again and says its negotiating team is heading to Switzerland
Iran’s joint military command said the Strait of Hormuz was closed, citing in part U.S. “bad faith” and “its clear breach of its commitments.”
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Trump unveils the new Air Force One, a converted Qatari jet
The gift from Qatar is serving as a so-called “bridge” aircraft to carry the president until the new planes ordered directly from Boeing arrive.
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DOJ rebuffs judge’s request to put in writing it won’t move forward with ‘anti-weaponization’ fund
The DOJ in May announced it was creating the fund as part of a settlement of President Donald Trump’s $10 billion lawsuit against the Internal Revenue Service.
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Fedspeak vs. war deal: Here are the things that drove this week’s stock market
The S&P 500 surged on Thursday, making up for losses seen after central bankers convened.
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Meloni slams Trump’s claim she ‘begged’ for a photo with him as Italy’s top diplomat cancels U.S. trip
Italian Foreign Minister Antonio Tajani abruptly canceled a planned trip to the U.S., calling Trump’s claims “serious and offensive” toward Meloni and Italy.
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Oil tanker traffic in Strait of Hormuz jumps after U.S. and Iran implement deal to open sea lane
The U.S.-Iran deal has raised questions about how the Strait of Hormuz will be governed after the toll-free period ends.
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29-year-old making $250k in tech went ‘undercover’ at a coffee chain before opening her own matcha cafe
Michelle Yeung wasn’t happy in tech, despite earning $250,000 a year. Before opening Matcha House, she spent months learning the business.
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Homeowners tapped $47 billion in equity in the first quarter. What to consider before you borrow
While high home values mean homeowners are sitting on an estimated $11 trillion in equity, it should not be viewed as free money, experts say.
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