'We are facing the biggest energy security threat in history,' IEA chief tells CNBC
"We are facing the biggest energy security threat in history," Fatih Birol, the head of the International Energy Agency (IEA), told CNBC Thursday.
French Finance Minister Roland Lescure told CNBC that France is willing to support the U.S. in securing the Strait of Hormuz — just not while ships are still coming under attack in the vital maritime passage. "We are willing to do something to free the Strait of Hormuz, provided that this is not a ...
Tesla reported first-quarter earnings on Wednesday that beat analysts' estimates even as revenue came in weaker than expected. The shares rose about 4% in extended trading. Here's how the company did, compared with estimates from analysts polled by LSEG:...
The Trump administration is in advanced talks for a financing package for Spirit Airlines as the carrier is facing the risk of a liquidation, according to people familiar with the matter. The deal could include $500 million in financing from the government, which could provide a path to give the government ...
What you need to know Kevin Warsh, the 56-year-old former Federal Reserve governor, was in the hot seat for his Senate Banking Committee confirmation hearing and said his Fed would be independent from the White House.
"We are facing the biggest energy security threat in history," Fatih Birol, the head of the International Energy Agency (IEA), told CNBC Thursday.
Canada's former Prime Minister Justin Trudeau said at CNBC's CONVERGE LIVE in Singapore Thursday that international financial institutions were "spectacularly ill-adjusted" to respond to modern-day issues.
Tesla reported first-quarter earnings on Wednesday that beat analysts' estimates even as revenue came in weaker than expected. The shares rose about 4% in extended trading.
The Trump administration is in advanced talks for a financing package for Spirit Airlines as the carrier is facing the risk of a liquidation, according to people familiar with the matter.
Nearly 53,000 U.S. home-sale agreements fell through in March, equal to 13.4% of homes that went under contract that month–up from 12.5% a year earlier. That’s tied with 2023 as the highest March share on record aside from 2020, when the uncertainty surrounding the start of the pandemic caused many buyers to back out of deals.
Iran's navy on Wednesday said it had seized two container ships in the strategically vital Strait of Hormuz, shortly after the U.S. extended the ceasefire and as diplomats seek to bring the countries together for peace talks.
Should a war break out between China and the U.S. in the Pacific, "what you are seeing in the Strait of Hormuz will be a dry run," Singapore Foreign Minister Vivian Balakrishnan said Wednesday.
President Donald Trump on Tuesday extended the two-week U.S. ceasefire with Iran, saying the extension was warranted due to Tehran's government being "seriously fractured."
What you need to know
U.S. home prices inched up 0.1% month over month in March on a seasonally adjusted basis, the third straight month of the same increase.
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