UN maritime agency rejects Hormuz transit tolls after Trump fee demand
The IMO said mandatory fees for passage through the Strait of Hormuz have no legal basis as Trump seeks cargo-based payments for U...
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Stocks
AI stocks lead Monday selloff as oil and rate fears hit markets
CNBC’s Investing Club said tech and AI names bore the brunt as oil prices, bond yields and Fed rate expectations moved higher.
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Wells Fargo’s rebound faces a key test in Tuesday’s earnings
The bank’s shares have bounced from May lows, but investors are looking for proof that earnings momentum is improving after two un...
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Fed rate hike odds climb as oil shock complicates July decision
Market-implied chances of a July Fed hike rose after oil jumped on renewed U.S.-Iran tensions near the Strait of Hormuz.
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Bank regulators press lenders on loans to unauthorized immigrants
Federal agencies told banks to weigh repayment risk for borrowers without U.S. work authorization, though the guidance does not cr...
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Fed's Waller urges patience on rates but keeps hikes on the table
Christopher Waller said the Fed should wait for more inflation data, while warning that persistent price pressure could still requ...
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Apple rises after Citi lifts its target as tech stocks wobble
Citi raised its Apple price target to $365, while CNBC’s Investing Club said chip stocks pulled back during a weaker market sessio...
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Netflix options traders turn bullish before earnings
Calls and put-selling picked up before Netflix reports, even as the stock has struggled this year and engagement questions remain.
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SpaceX shares slide again as stock nears IPO price
SpaceX fell for a second straight session Monday, putting the newly public company within a few dollars of its $135 IPO price, CNB...
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Trump urges Senate crypto vote after Lindsey Graham’s death
Trump called for passage of the Clarity Act, a crypto regulation bill backed by the White House and parts of the digital asset ind...
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Cramer’s trust adds to Intel as AI chip demand signs build
CNBC’s Investing Club said Jim Cramer’s charitable trust planned to buy more Intel shares after a pullback, citing AI chip demand...
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Oil rises as US and Iran trade strikes near Strait of Hormuz
Crude prices climbed Monday as fighting around a key energy route slowed shipping and renewed worries over global oil flows.
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