Steve Eisman of "The Big Short" fame said investors should ignore the U.S.-Iran war as it could be a long-term positive for markets. In fact, when the investor was asked Monday by CNBC's Joe Kernen on "Squawk Box" whether he would change anything because of the conflict, he responded with,...
Year: 2026
Here are the five key takeaways from this week’s Fed meeting
1. Lots of uncertaintyWhile no one expected the Fed to cut — much less hike — at this meeting, the market always looks for clues about what's next. Neither the post-meeting statement, the update on economic projections, nor Powell's news conference provided much in that regard. The statement saw only...
Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so
Treasury Secretary Scott Bessent said Monday that the administration has no plans to intervene in financial markets and may not have the authority to do so even if it wanted.In a CNBC interview, Bessent addressed rumors that the Treasury Department or some other arm of government might step in to...
Nvidia adds Hyundai, BYD and other automakers to self-driving tech business
Nvidia CEO Jensen Hwang gives the keynote address at the company's annual GTC developers conference at the SAP Center in San Jose, California, on March 16, 2026. Josh Edelson | Afp | Getty ImagesNvidia is expanding deals for its autonomous vehicle development business to Hyundai Motor, Nissan Motor and Isuzu,...
Top Wall Street analysts are bullish on these 3 dividend-paying energy stocks
Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesThe spike in oil prices due to the disruption caused by the U.S.-Iran conflict has rattled global stock markets. However, the situation bodes well for oil companies, including attractive names that pay steady dividends.The recommendations of top Wall Street analysts can...