Iran denies involvement in attacks by the Houthis in the Red Sea. Washington: Iran was “deeply involved” in planning operations against commercial vessels in the Red Sea and its intelligence was critical to enable Yemen’s Houthi movement to target ships, the White House said on Friday. Iran-backed Houthis, who say their attacks are in support … Read more
US President Joe Biden, with Treasury Secretary Janet Yellen (L) and Defense Secretary Lloyd Austin (R), speaks during a meeting with his cabinet at the White House in Washington, DC, on March 3, 2022. Jim Watson | AFP | Getty Images U.S. President Joe Biden on Friday will sign an executive order allowing Washington to … Read more
Stock futures shifted higher on Friday morning as Wall Street looks to extend its year-end rally. Futures for the Dow Jones Industrial Average rose 322 points, or about 0.87%. S&P 500 futures were up about 1% and Nasdaq 100 futures were down 0.31%. The move in futures comes on the heels of a bounce-back day … Read more
A Christmas tree stands in front of the New York Stock Exchange (NYSE) in New York on December 1, 2023. Angela Weiss | Afp | 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 … Read more
Curtis S. Chin, a former U.S. ambassador to the Asian Development Bank, is managing director of advisory firm RiverPeak Group. Jose B. Collazo is an analyst focusing on the Indo-Pacific region. Follow them on X at @CurtisSChin and @JoseBCollazo. As 2023 comes to a close, we take a look at the year that was in … Read more
The Internal Revenue Service headquarters building in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images WASHINGTON — A former Swiss finance executive pled guilty in New York federal court on Thursday to conspiring to defraud the U.S. in a tax evasion scheme known as the “Singapore Solution” that hid $60 million in … Read more
U.S. Air Force F16 fighter jets fly in formation during U.S.-Philippines joint air force exercises dubbed Cope Thunder at Clark Air Base on May 09, 2023 in Mabalacat, Pampanga province, Philippines. Ezra Acayan | Getty Images News | Getty Images The chairman of U.S. Joint Chiefs of Staff, Gen. Charles Brown, spoke virtually with his Chinese … Read more
Washington, DC – Rock-solid. Unwavering. Unshakeable. After months of describing his commitment to Israel in fervent terms, United States President Joe Biden shifted his rhetoric this month — and issued his most firmly worded criticism of the country since the start of the war in Gaza. At a December 12 fundraiser, Biden warned that Israel … Read more
An Apple Watch Ultra 2 device is displayed for sale at The Grove Apple retail store on release day in Los Angeles on Sept. 22, 2023. Patrick T. Fallon | AFP | Getty Images Apple has stopped selling the Apple Watch Series 9 and Apple Watch Ultra 2 smartwatches on its U.S. website, CNBC checks … Read more
Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images The Dow Jones Industrial Average rose on Thursday, rebounding from the index’s worst day since October as Treasury yields fell and the year-end rally resumed. The 30-stock Dow gained 143 … Read more
