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Trump has made his priorities on energy production clear. The US will rely on oil, gas, coal and nuclear to meet its growing energy needs, the president said last weekend, bashing wind and solar power.

CNBC newsCommentsTrump megabill gives the oil industry everything it wants

President Donald Trump’s One Big Beautiful Bill Act ends long-standing federal support for solar and wind power, while creating a friendly environment for oil, gas and coal production.

Spencer Kimball

Chancellor of the Exchequer Rachel Reeves (right) crying as Prime Minister Sir Keir Starmer speaks during Prime Minister's Questions in the House of Commons.

CNBC newsCommentsUK in dire straits after minister’s tears rattle markets

All eyes are now on the UK’s ruling Labour Party for any sign of further political fractures that could rattle Britain’s economic stability.

Holly Ellyatt

Jeff Bezos

CNBC newsCommentsJeff Bezos sells over $1b worth of Amazon shares

Amazon founder Jeff Bezos unloaded more than 3.3 million shares of his company in a sale valued at roughly $736.7 million ($1.1 billion), according to a financial filing on Tuesday.

Annie Palmer

ECB President Christine Lagarde.

CNBC newsCommentsPremiumEuropean Central Bank’s latest rate cycle is ‘done’

The European Central Bank’s latest period of monetary policy interventions to bring inflation in check is ‘done,’ the institution’s chief economist Philip Lane

Jenni Reid

Tesla Model X charging.

CNBCTesla battery supplier expanding in Australia and abroad

The world’s largest electric vehicle battery maker is going all-in on international expansion, including in Australia, which could shake up the EV market in the process.

Dylan Butts, Sam Meredith and Adrian Rauso

The Tesla CEO, who is the wealthiest man in the world, has been an outspoken critic of Trump’s “big, beautiful bill”.

CNBC newsCommentsElon Musk rips into ‘utterly insane’ Trump-backed megabill

Elon Musk ripped into the Senate’s massive domestic policy package on Saturday, calling it “utterly insane”.

Lora Kolodny and Erin Doherty

Flights rapidly changed path as Iran struck a US base in Qatar.

Middle EastVideoCommentsFlights diverted, halted as Middle East conflict erupts

Airlines diverted more flights in the Middle East after Iran’s armed forces said the country launched a missile strike on a US military base in Qatar, exacerbating the region’s military conflict.

Leslie Josephs

Federal Reserve chairman Jerome Powell and President Donald Trump.

BusinessCommentsTrump scolds ‘stupid’ Fed after it holds key rate steady

The Federal Reserve has kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year.

Jeff Cox

Top oil CEOs have sounded the alarm as Israel-Iran strikes escalate.

Middle EastCommentsTop oil execs sound alarm over Israel-Iran escalation

The CEOs of TotalEnergies, Shell, and EnQuest have warned that further attacks on critical energy infrastructure could have serious consequences for global supply and prices.

Sam Meredith

Global investors may be underpricing the impact of a conflict between Israel and Iran, market watchers warned on Monday.

CNBC newsCommentsInvestors shrug off Israel-Iran conflict at their peril

Despite the continued fighting — with hundreds reported dead — global stock markets have sustained positive momentum.

Chloe Taylor

A US dollar in a wallet.

CNBCPremiumAussie dollar tanks after Israel strikes Iran

The United States’ dollar rallied to end the week — after trading around a three-year low — as investors moved into safe-haven assets following a series of airstrikes between Israel and Iran.

Katrina Bishop and Sean Conlon

The Insta360 One R displayed in a container of water at the Insta360 booth during CES 2020 at the Las Vegas Convention Center on Jan. 8, 2020.

CNBC newsCommentsTrade war not stopping China’s push deeper into the US

Chinese companies are so intent on global expansion that even the biggest stock offering to date on Shanghai’s tech-heavy STAR board counts the US as one of its biggest markets, on par with China.

Evelyn Cheng

Federal Reserve chairman Jerome Powell and President Donald Trump

CNBC newsComments‘Numbskull’: Trump rekindles Powell rift in call for cuts

President Donald Trump ripped Federal Reserve chair Jerome Powell as a “numbskull” overnight Thursday as he turned up the heat on the central bank chief to lower interest rates.

Kevin Breuninger

Top US and Chinese officials are resuming trade talks in London for a second consecutive day on Tuesday, pushing to de-escalate tensions over rare-earth minerals and advanced technology.

CNBC newsChina’s rare earth squeeze puts defence giants in crosshairs

The automotive and robotics industries have been hit particularly hard by China’s rare earth export restrictions in recent weeks, but analysts warn Western defence giants will also feel the heat.

Sam Meredith

Both sides temporarily slashed tariffs on each other’s imports to allow trade talks to continue, but disagreements remain.

CNBC newsComments‘Battle for the 21st century’ as China, US hold trade talks

US President Donald Trump’s top trade officials met their Chinese counterparts in London on Monday for talks aimed at resolving an ongoing trade dispute between the world’s two largest economies.

Holly Ellyatt

The report, which analysed more than 800 million job ads and thousands of company financial reports across six continents, challenged six common myths about AI’s impact:

CNBC newsCommentsSix AI myths busted: Why it makes workers more valuable

Despite widespread fears that artificial intelligence could automate jobs and cut employees’ wages, AI actually makes people ‘more valuable, not less’, new research by professional services firm PwC has found.

Ernestine Siu

Chinese EV giant BYD slashed prices on May 23, prompting regulators to speak out. Despite that, analysts say that little can be done about the market competition.

CNBC newsCommentsInvolution or evolution? Can China stop EV price wars

Falling prices of Chinese car exports and secondhand cars with zero mileage are signs of oversupply.

Evelyn Cheng and Bernice Ooi

Elon Musk went scorched earth on President Donald Trump's 'big, beautiful bill' in a post on X.

CNBC newsCommentsTrump says Musk went ‘CRAZY,’ suggests cutting contracts

President Donald Trump lashed out at Elon Musk as their feud over a major tax bill rapidly ramped up.

Kevin Breuninger

President Donald Trump and Elon Musk (R) speak before departing the White House on his way to his South Florida home in Mar-a-Lago in Florida on March 14, 2025.

CNBC newsCommentsTesla crashes $234b as Musk, Trump officially kill bromance

‘Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate,’ Musk posted on X.

Lora Kolodny and Chris Eudaily

Tuesday’s announcement is the latest in a slew of deals between big tech and the nuclear industry.

CNBC newsCommentsMeta inks nuclear power deal in data centre push

Facebook owner Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy, continuing the wave of tech giants teaming up with the industry to meet growing power needs of data centres. 

Pippa Stevens

Jensen Huang, co-founder and chief executive officer of Nvidia Corp.

BusinessCommentsNvidia tops Microsoft for most valuable company title

Nvidia hits $3.45 trillion, trading places with Apple and Microsoft to rise to the top of the market cap ranks since last June.

Kif Lewswing

The tariff uncertainty comes at a time when the luxury industry at large is already contending with a slowdown in demand after a post-pandemic boom and an economic slump in China.

CNBC newsDiamonds are forever? Not with tariffs in the way

They might be made of the hardest material on Earth, but diamonds, with their complex supply chains and expensive price tag, are particularly fragile to US President Donald Trump’s aggressive tariff agenda. 

Charlotte Reed

American agricultural products have been vanishing from Chinese stores and restaurants and losing ground to other imports due to tariff uncertainty.

CNBC newsAussie beef now in China’s Great American burger

American agricultural products have been vanishing from Chinese stores and restaurants and losing ground to other imports due to tariff uncertainty.

Eunice Yoon

Optimism in the global business travel sector has dropped by more than half, according to a report published by Global Business Travel Association.

CNBC newsCommentsCorporate travel a casualty of Trump’s war on trade

One third of business travel buyers said their companies have either changed, or are considering changing, policies regarding travel to or from the US, a new report shows.

Monica Pitrelli