A container ship is berthed at the container terminal in Qingdao, China's eastern Shandong province on June 25, 2026.- | Afp | Getty ImagesChina's economy is showing signs of picking up, thanks in part to a rebound in shipments to the U.S. "Manufacturing saw the clearest improvement. Retail sales recovered...
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Hormuz relief may not ease the economic toll that’s already ‘baked in,’ analysts warn
Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 17, 2026.Amirhosein Khorgooi | ReutersEarly signs that the Strait of Hormuz is reopening have eased the most acute threat to global energy supplies, but economic damages from the nearly four months of war will take months...
New SpaceX millionaires are reinventing the business of managing large wealth
SpaceX executives and employees ring the opening bell at the Nasdaq MarketSite to celebrate the launch of SpaceX's initial public offering in New York on June 12, 2026.Adam Jeffery | CNBCThousands of SpaceX employees who have suddenly become millionaires are redefining the wealth management business with their combined fortunes.As CNBC...
Bob Iger reflects on 10 years of Shanghai Disneyland as it defies the Chinese pullback
Spend a day at Shanghai Disneyland and you wouldn't know Chinese consumers are struggling.Wang Jiandong and his girlfriend Yan Xu said they have been skipping meals out and scrimping on day-to-day necessities so they could afford to enjoy the park."We save in our daily lives so we can spend more...
Kalshi traders see greater than 50% odds the Fed will hike rates this year
Kalshi traders see growing odds that the Federal Reserve will hike rates this year after central bank policymakers indicated that higher rates could be in the cards.Chances of a Fed hike in 2026 surged to 57% on Wednesday night, up from 35% on Monday, according to the prediction markets platform....