No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
The kingdom’s $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% in 2023 — and domestic investment was a major driver.
U.S. crude oil holds above $72 per barrel after erasing most of 2024 gain
Oil demand in China has slowed significantly and downward revisions to U.S. job growth have the market worried.
CNBC Daily Open: A ‘crazy’ summer
Wall Street ends longest winning streak of 2024. Eli Lilly weight loss drug cuts diabetes risk. Shein sues Temu.
CNBC Daily Open: ‘Crazy’ summer
Wall Street ends longest winning streak of 2024. Eli Lilly weight loss drug cuts diabetes risk. Shein sues Temu.
U.S. crude oil holds steady above $74 per barrel after selling off
U.S. crude oil prices have fallen 8.7% this quarter, while Brent is down 9.8%.
Trump to counter Harris with competing economic agenda rollout
The Trump campaign is working to refocus the ex-president’s message on key policy issues after Harris replaced President Joe Biden as the Democratic nominee.
Oil prices fall for fourth session in five as U.S. pushes for Gaza cease-fire
U.S. crude oil is trading around $76 per barrel as demand weighs on the market.
CNBC Daily Open: Wall Street’s ‘dress rehearsal’
Markets were reassured that Japan’s central bank will not raise rates in a volatile environment and that the U.S. economy isn’t on the verge of a recession.
CNBC Daily Open: Wall Street ‘dress rehearsal’
Markets were reassured that Japan’s central bank will not raise rates in a volatile environment and that the U.S. economy isn’t on the verge of a recession.
U.S. crude oil falls more than 2% as Qatar prime minister urges Iran to hold off on Israel attack
Gaza cease-fire talks are expected to resume in Doha, Qatar on Friday.