Iran blasts and Red Sea attacks stoke fears of a wider Middle East war

Iran blasts and Red Sea attacks stoke fears of a wider Middle East war

Iranians hold portraits of slain top Iranian commander Qasem Soleimani during the commemoration ceremony marking the anniversary of his killing in the Iranian capital Tehran on January 3, 2024. Atta Kenare | Afp | Getty Images Deadly blasts that killed at least 84 people in southern Iran has added to growing international concerns about the … Read more

Hawkish Fed minutes chill markets further

Hawkish Fed minutes chill markets further

The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Thursday, Dec. 28, 2023. Valerie Plesch | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

Economy, Gaza war and China ties dominate

Economy, Gaza war and China ties dominate

Presidential candidates Anies Baswedan, Prabowo Subianto, and Ganjar Pranowo, along with their vice presidential candidates, are posing for photos after the first presidential candidate debate at the General Election Commission (KPU) office in Jakarta, Indonesia, on December 12, 2023. Indonesia is preparing to hold general elections for president and vice president for the 2024-2029 period … Read more

Fed minutes dampen market enthusiasm

Fed minutes dampen market enthusiasm

The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Thursday, Dec. 28, 2023. Valerie Plesch | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

SpaceX Illegally Fired Workers Critical Of Elon Musk, US Labor Agency Says

SpaceX Illegally Fired Workers Critical Of Elon Musk, US Labor Agency Says

SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully firing eight employees. Washington:  Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully firing eight employees for circulating a letter calling founder and CEO Elon Musk a “distraction and embarrassment.” A regional official with the National … Read more

Red Sea crisis fuels shipping costs, delays, inflation

Red Sea crisis fuels shipping costs, delays, inflation

The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Attacks on ships in the Red Sea continue to push ocean freight rates higher, triggering warnings of inflation and delayed goods. To avoid strikes by Iran-backed Houthi militants based … Read more

Samsung Galaxy S24 Unpacked event promises AI phones

Samsung Galaxy S24 Unpacked event promises AI phones

A man walks past the Samsung logo displayed on a glass door at the company’s Seocho building in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Images Samsung recently announced it will host a news conference in San Jose, California, on Jan. 17 where it will unveil its newest Galaxy phones. Samsung … Read more

investors look to fresh economic data

investors look to fresh economic data

U.S. Treasury yields rose on Wednesday as investors bet that perhaps the Federal Reserve wouldn’t cut rates as aggressively as hoped for this year. The 10-year Treasury yield was last up by 4 basis points to 3.967, after touching above 4% earlier in the morning. The 2-year Treasury yield was last trading at 4.343% after … Read more

Killing of Hamas leader stokes fears of wider conflict

Killing of Hamas leader stokes fears of wider conflict

03 January 2024, Lebanon, Beirut: The destroyed Hamas’ office that was attacked by Israel on 02 January killing Palestinian leader Saleh al-Arouri and six others pictured from shattered glass in Beirut southern suburb. Photo: Marwan Naamnai/dpa (Photo by Marwan Naamnai/picture alliance via Getty Images) Picture Alliance | Picture Alliance | Getty Images The killing of … Read more

Copper appears set to rally more than 75% by 2025, analysts say

Copper appears set to rally more than 75% by 2025, analysts say

A worker tying copper wire rods before loading them onto a truck in Huai’an, Jiangsu Province of China. Vcg | Visual China Group | Getty Images Copper prices are set to soar more than 75% over the next two years amid mining supply disruptions and higher demand for the metal, fueled by the push for … Read more