Oil jumped 6% on Thursday after Iran shot down a U.S. military drone, prompting President Donald Trump to blast Tehran on Twitter.Energy Commoditiesread more
For doubters thinking the rally is just a last gasp of the decade-long bull market, chart analysts are here to prove them wrong.Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
"I think there's a deceleration in the economy to the point where the railroads, the airlines, the companies, the lenders are all admitting that there's deceleration," says...Investingread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."CNBC Disruptor 50read more
Apple said in a letter released Thursday that tariffs could hurt its ability to compete globally.Technologyread more
Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.US Marketsread more
Trump tweets after an Iranian surface-to-air missile shot down a U.S. military surveillance drone in what the U.S. calls an "unprovoked attack."Politicsread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
Mortgage rates have been falling steadily since the last week of April, and that may be reigniting home price appreciation. The lower the rate, the more purchasing power...Real Estateread more
Crude oil prices jump on news of the attack, which Iran says happened over its territory.World Politicsread more
Marine Le Pen's euroskeptic National Rally have topped the European election vote in France, early results published Monday showed, narrowly beating the centrist alliance of President Emmanuel Macron.
National Rally, a re-branding of Le Pen's National Front has taken 22 seats, beating Macron's party by just one seat. It represents a setback for the French leader, who had put himself at the forefront of a bruising and personal campaign, while nationalist supporters across the bloc are likely to celebrate a symbolic victory.
In a statement, Macron's office described the performance as disappointing but not disastrous. It also said pro-EU parties were still in the majority.
The French Greens were seen coming third in a crowded field of candidates, adding to the remarkable second place of their German counterparts. The result is likely to bolster expectations of a so-called "green wave" that could influence EU policy over the coming years.
The projected result comes at a particularly challenging time for Macron — a Europhile who was elected back in 2017. His reform agenda, including on the labor market, has frustrated some French citizens over the last two years — which has escalated into months of protests and historically-low levels of popularity for the president.
Nonetheless, the narrow defeat to Le Pen's National Rally most likely won't derail Macron's domestic agenda, as the government seeks to impose a major overhaul of the pension system over the coming months.
This was Macron's first European election, having formed his own party for the presidential race back in 2017.
Marine Le Pen's party, on the other hand, won the 2014 European parliamentary election in terms of French seats in Brussels. At the time she got nearly 25% of the votes, which translated into 23 seats at the European Parliament.
The European elections are widely seen as a test on national leaders across the 28 countries.
Initial results on Sunday evening suggested the EU Parliament's established centrist bloc would most likely fail to gain a majority at this week's election.
A strong showing for Liberal and Green parties in Germany and France, as well as robust performances from euroskeptic groups in Italy, Hungary and the U.K., is likely to mean the EU Parliament will be much more fragmented over the next five years.
The European Parliament's first estimate of the overall turnout in the elections was somewhere between 49% and 51%. That's up from 43% in the 2014 election.
France had an unexpectedly high turnout in the election, estimated to be around 50%. It marks the country's highest voter turnout in decades.