News from the economy, politics and the financial markets
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OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE
Concerns around production were amplified further last week with news of the UAE's shock departure.
Top Wall Street analysts like these 3 stocks for their long-term prospects
The recommendations and analysis of these Wall Street experts can provide useful insights for stock selection.
Chinese stocks are about to get a big AI boost, Morgan Stanley predicts
The investment bank also raised its price targets on two Chinese companies that develop artificial intelligence models.
Earnings playbook: Palantir and Advanced Micro Devices usher in the next week of reports
Palantir, Advanced Micro Devices, Walt Disney and McDonald's are among the companies set to report.
U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war
Oil exports are booming from the U.S. Gulf Coast thanks to the Middle East supply disruption caused by the Iran war.
Greg Abel rules out Berkshire break-up, stresses continuity with Buffett's legacy at annual meeting
New CEO Greg Abel did most of the talking at his first Berkshire Hathaway shareholders meeting, but Warren Buffett was still a major presence.
Israel approves plan to buy F-35 and F-15IA fighter jets from Lockheed, Boeing
The deal is a first step in a $119 billion plan to bolster Israel's military
Golden Tempo wins Kentucky Derby as DeVaux breaks barrier in Louisville
Golden Tempo stormed to victory at the 152nd running of the Kentucky Derby at Churchill Downs on Saturday.
'Godspeed my friend': Inside the final hours of Spirit Airlines
Spirit Airlines ceased operations overnight after a failed government bailout.
Trump says the U.S. will reduce number of troops in Germany 'a lot further' than withdrawal of 5,000
The Pentagon had announced it would pull 5,000 troops out of Germany, but Trump said an even bigger reduction was coming.
Abortion pill makers ask U.S. Supreme Court to restore mail-order access
Danco Laboratories and GenBioPro both filed applications with the top court on Saturday, one day after an appeals court temporarily blocked deliveries.
Trump says he is reviewing a new Iranian proposal to end the war
Trump warned there was still the possibility of restarting strikes on the country if Tehran misbehaves.
JPMorgan's Jamie Dimon issued vague credit recession warning, but the bond market has more pressing issues
As fears about a credit crisis rise, bond investors may be too complacent with Kevin Warsh to become next Fed chair and volatility in rates likely to follow.
Recent inflation data was 'bad news': Chicago Fed's Goolsbee
The Chicago Federal Reserve president said inflation is rising even in service industries.
Watch CNBC's full interview with Berkshire Hathaway Chair Warren Buffett
CNBC’s Becky Quick sits down with Berkshire Hathaway Chair Warren Buffett at the 2026 Berkshire Hathaway annual meeting.
After Spirit collapse, Duffy says there's no need for government budget airline bailout
Duffy said he does not think the government needs to bail out low-cost airlines that have sought $2.5 billion in government relief because of high fuel prices.
OPEC+ set for another oil output quota hike despite Hormuz closure, sources say
The output increase will remain largely on paper as long as the U.S.-Iran war continues to disrupt Gulf oil supplies.
Berkshire annual meeting live: Warren Buffett's 'jersey' raised to the rafters in Omaha to honor retirement
Warren Buffett has loomed large at Berkshire Hathaway's annual shareholder meetings, and this will be a key challenge as new CEO Greg Abel takes center stage.
Airfare amid Iran war: Buy now or wait out the conflict? Experts weigh the risks
It could be risky to delay buying plane tickets and hoping fares will drop, according to travel experts.
The U.S.-Iran war is coming for your credit score and mortgage application
The U.S.-Iran war and Strait of Hormuz closure have caused a global economic ripple effect, your credit score included as banks and lenders get tighter.
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