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Trump is blockading Iranian ports in the Persian Gulf. What does that mean?

by CNBC Markets | April 14, 2026 4:07 am | US Markets

A former Pentagon official said the goal of the U.S. blockade is to get the Iranians to back down and restore freedom of navigation to the strait.

Fed nominee Warsh clears a hurdle to Senate hearing

by CNBC Markets | April 14, 2026 2:06 am | US Markets

Kevin Warsh submitted required ethics paperwork to the Senate Monday.

BlackRock raises view on U.S. stocks on belief that war is over, profits are up

by CNBC Markets | April 13, 2026 11:10 pm | US Markets

The firm, which manages $14 trillion for clients, said in its weekly market note that it raised the rating a notch to overweight from neutral.

Trump deletes Truth Social image depicting him as Jesus: ‘I thought it was me as a doctor’

by CNBC Markets | April 13, 2026 11:09 pm | US Markets

President Donald Trump in May 2025 posted an apparent AI image depicting himself as a Catholic pope after the death of Pope Francis.

U.S. begins blockade in Strait of Hormuz; Trump warns Iran ‘attack ships’ to stay away

by CNBC Markets | April 13, 2026 8:34 pm | US Markets

The U.S. blockade would apply to “any and all Ships trying to enter, or leave, the Strait of Hormuz,” President Donald Trump said.

Middle East oil production plunges due to Iran war, OPEC data shows

by CNBC Markets | April 13, 2026 8:31 pm | US Markets

The Gulf Arab states have cut production because they are unable to export through the Strait of Hormuz due to the war.

U.S. blockade of Strait of Hormuz set to begin

by CNBC Markets | April 13, 2026 7:12 pm | US Markets

The U.S. blockade, set to begin at 10 a.m. ET, will apply to “any and all Ships trying to enter, or leave, the Strait of Hormuz,” President Donald Trump said.

Delta Air Lines unveils first new Delta One suite in premium cabin arms race

by CNBC Markets | April 13, 2026 7:11 pm | US Markets

Delta and other carriers are ramping up premium seats on board.

Ineos Automotive: Startup backed by a knighted billionaire and soccer mogul wants to rekindle the rugged SUV market

by CNBC Markets | April 13, 2026 5:31 pm | US Markets

The automaker has plans to grow sales in the U.S. by roughly 30% to 35%, as well as a target to achieve breakeven this year, executives exclusively told CNBC.

Stock futures fall after Trump announces Strait of Hormuz blockade as talks fail: Live updates

by CNBC Markets | April 13, 2026 3:21 pm | US Markets

All three major averages are coming off their best week since November on hopes that the conflict will soon come to an end.

OpenAI announces first permanent London office after halting UK Stargate project

by CNBC Markets | April 13, 2026 2:15 pm | US Markets

In February, the company said it would make London its largest research hub outside of the U.S.

Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep

by CNBC Markets | April 13, 2026 1:16 pm | US Markets

The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic, sending oil surging and risks drawing China into a widening confrontation with Washington.

From panic to pricing in: Are markets past ‘peak fear and sell-off’ despite oil price surge?

by CNBC Markets | April 13, 2026 11:36 am | US Markets

Investors appear to have already priced in much of the geopolitical risks and are growing less reactive to headlines.

Trump blasts Pope Leo for criticism of U.S. foreign policy

by CNBC Markets | April 13, 2026 7:26 am | US Markets

Eric Swalwell suspends campaign for California governor amid sexual misconduct allegations

by CNBC Markets | April 13, 2026 7:25 am | US Markets

Multiple women have reportedly accused Democratic Rep. Eric Swalwell of sexual misconduct, among them a former staffer who alleges he sexually assaulted her.

Oil prices surge above $100 as U.S. Navy to blockade Iran’s ports after peace talks fail

by CNBC Markets | April 13, 2026 4:00 am | US Markets

President Donald Trump said he ordered the U.S. Navy to find and interdict any ship in international waters that has paid a toll to Iran to transit the strait.

Trump says U.S. will blockade Strait of Hormuz after Iran peace talks fail

by CNBC Markets | April 12, 2026 7:25 pm | US Markets

Trump said the U.S. blockade will stop Iran from policing the strait and benefiting economically while the rest of the world suffers from its closure.

Berkshire electric utility’s court win could save it billions

by CNBC Markets | April 12, 2026 7:25 pm | US Markets

PacifiCorp court win could reduce wildfire damages by $1 billion or more.

How Kodak is trying to turn around its business after teetering on bankruptcy

by CNBC Markets | April 12, 2026 7:24 pm | US Markets

Photography company Eastman Kodak has seen its fair share of financial struggles, but CEO Jim Continenza is determined to fuel its success.

Hungarians vote in landmark election closely watched by EU, Russia, U.S.

by CNBC Markets | April 12, 2026 7:22 pm | US Markets

Prime Minister Viktor Orban has carved ‌out a model of an “illiberal democracy” seen as a blueprint by populist movements.
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