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U.S. allows temporary purchases of Russian oil already at sea to stabilize energy markets

by CNBC Markets | March 13, 2026 6:16 am | US Markets

The U.S. has temporarily authorized the purchase of Russian oil stranded at sea to stabilize energy markets.

Adobe CEO Shantanu Narayen says he will step down after company installs successor

by CNBC Markets | March 13, 2026 6:15 am | US Markets

Shantanu Narayen led Adobe through a transition to subscription software, and he’s been positioning the company to grow in the artificial intelligence age.

Warren calls on State Department to provide more aid to Americans stuck in Middle East

by CNBC Markets | March 13, 2026 3:05 am | US Markets

The State Department said this week that 36,000 Americans had returned to the U.S. after the start of the war with Iran.

Bosa/Wu: Private equity is about to eat its own software portfolio

by CNBC Markets | March 13, 2026 3:05 am | US Markets

Private equity built the SaaS installed base. It may also be the one that rips it out.

Markets hopes for Fed interest rate cuts are rapidly fading away

by CNBC Markets | March 13, 2026 1:14 am | US Markets

As both energy prices and inflation fears pop higher, expectations for cuts are sliding lower.

Iran War: U.S. Navy will escort vessels through Strait of Hormuz as soon as ‘militarily possible,’ Bessent tells Sky News

by CNBC Markets | March 13, 2026 1:12 am | US Markets

The Strait of Hormuz has been effectively closed to shipping because of the war against Iran by the U.S. and Israel.

Iran Supreme Leader Mojtaba Khamenei has verified account on X, Elon Musk’s platform

by CNBC Markets | March 13, 2026 12:06 am | US Markets

The newly created account was busy posting on Thursday, its first day being active on the X social media platform.

Microsoft top Office executive Rajesh Jha retiring after more than 35 years

by CNBC Markets | March 12, 2026 11:20 pm | US Markets

Rajesh Jha helped Microsoft bring to market an artificial intelligence assistant containing OpenAI models for its Office productivity customers.

Fed chair pick Kevin Warsh meets with more senators as Thom Tillis blockade continues

by CNBC Markets | March 12, 2026 10:35 pm | US Markets

Sen. Tillis vows to vote against sending Kevin Warsh’s nomination as Federal Reserve chair to the full Senate as a criminal probe of Jerome Powell is pending.

Trump-backed SAVE America Act will get a Senate vote next week, Thune says

by CNBC Markets | March 12, 2026 10:35 pm | US Markets

Advocates of the voter-ID bill have pressed the Senate for months to call a vote on the controversial legislation.

EV maker Lucid reveals plans for robotaxi, positive free cash flow late this decade

by CNBC Markets | March 12, 2026 9:10 pm | US Markets

The EV company is aiming to hit that target through market expansion into midsize vehicles, robotaxis and new counties, specifically in Europe.

Rivian’s crucial R2 EV launch to begin with $58,000 model in spring

by CNBC Markets | March 12, 2026 9:10 pm | US Markets

Rivian will launch sales of its crucial R2 all-electric vehicle this spring with a roughly $58,000 special edition model, the company announced Thursday.

Trump tariffs: Martin Heinrich bill would give families tax rebate for higher import costs

by CNBC Markets | March 12, 2026 9:09 pm | US Markets

The Supreme Court in a 6-3 ruling Feb. 20 ruled that President Donald Trumps IEEPA tariffs were illegal.

Strait of Hormuz must remain closed as ‘tool to pressure enemy,’ Iran’s new supreme leader says

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

Iran’s new Supreme Leader Mojtaba Khamenei has said all U.S. military bases in the Middle East should close immediately as those bases will be attacked.

The two oil pipelines helping Saudi Arabia and UAE bypass the Strait of Hormuz

by CNBC Markets | March 12, 2026 7:21 pm | US Markets

Saudi Arabia’s East-West pipeline and the UAE’s Abu Dhabi Crude Oil Pipeline are thought to be able to help partially offset the Strait of Hormuz blockage.

Energy Secretary Wright says U.S. ‘not ready’ to escort tankers through Strait of Hormuz yet

by CNBC Markets | March 12, 2026 6:24 pm | US Markets

Tanker traffic through the Strait remains at a standstill as ship owners fear attacks by Iran. The closure has triggered the largest oil supply disruption ever.

Anthropic’s Claude would ‘pollute’ defense supply chain: Pentagon CTO

by CNBC Markets | March 12, 2026 6:21 pm | US Markets

Stocks making the biggest moves premarket: Bumble, Hims & Hers Health, Blue Owl, Netskope & more

by CNBC Markets | March 12, 2026 6:20 pm | US Markets

These are the stocks posting the largest moves in premarket trading.

Here are Thursday’s biggest analyst calls: Nvidia, Apple, Micron, Netflix, Delta, JPMorgan, Petco & more

by CNBC Markets | March 12, 2026 6:20 pm | US Markets

Here are the biggest calls on Wall Street on Thursday.

Dick’s Sporting Goods issues weak profit guidance as Foot Locker merger weighs on bottom line

by CNBC Markets | March 12, 2026 6:19 pm | US Markets

Dick’s Sporting Goods’ merger with Foot Locker led to a 60% increase in sales but a substantial decline in companywide profits.
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