A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
"You need to understand that we're about to embark on the busiest week of the year for industrial earnings," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
Boston Federal Reserve President Eric Rosengren is lining up against an apparent push to cut interest rates, telling CNBC in an interview Friday that the central bank can...The Fedread more
The MTA reported that the 1, 2, 3, 4, 5 and 6 trains are all facing delays due to a network communications issue impacting service in both directions, NBC New York reports.Transportationread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
US officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and...Technologyread more
Trump's constant berating of the Fed and its actions does not influence the central bank's decisions, Boston Fed's Eric Rosengren says.The Fedread more
The lawsuits allege J&J's talc-based baby powder contained asbestos and caused ovarian and other cancers.Health and Scienceread more
Kuwait maintains an important role in reuniting the Gulf Cooperation Council (GCC) countries amid the ongoing blockade of Qatar, Qatari foreign minister Sheikh Mohammed bin Abdulrahman al Thani said Saturday.
"The (Kuwait) Emir has had a big leadership role in calming the situation which is highly appreciated by Qatar. We continue to count on the role of Kuwait and on the countries in the region to bring it back together," the minister told attendees at the annual Doha Forum.
Relations between the oil-rich states of the GCC have been fraught since Saudi Arabia, joined by Egypt, Bahrain and the United Arab Emirates, imposed an economic and diplomatic blockade on Qatar in 2017. Riyadh and its allies accuse Qatar of supporting terrorism, which Doha consistently denies.
Kuwait, however, did not take part in the blockade. Its government maintains smooth relations with Doha and has made several attempts to mediate between Qatar and its Gulf neighbors to help quell the conflict — thus far to no avail.
"Kuwait has shown willingness to play a diplomatic role in some of the most complex contexts in the region including Qatar and Yemen," Cinzia Bianco, GCC analyst at London-based Gulf State Analytics, told CNBC earlier this month.
On December 3, Qatar announced its planned departure from OPEC, the 15-member cartel of oil-exporting countries whose largest producer is Saudi Arabia. Qatar and the Saudi-led bloc both blame one another for preventing a solution from being reached.
"We believe that we are more relevant as a bloc for those countries than we are separate and fragmented," the minister added.
Qatar saw foreign deposits in its commercial banks drop by $13 billion in the six months following the blockade; it's now regained about $9 billion of that, according to Fitch ratings. Analysts at the ratings agency say the blockade forced Qatar to diversify its revenue sources, ultimately making it more self-sufficient.