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Airline profits set to halve this year as fuel costs jump by $100 billion: IATA

"The big unknown is how long travelers and shippers can tolerate the higher costs," IATA's Willie Walsh said.

Trump storms out of interview after being challenged about election fraud claims, DOJ fund

The president said he would like to see the weaponization fund proceed despite setbacks.

Where investors may find the next 'big wave' for AI trade

Tim Urbanowicz, chief investment strategist at Innovator from Goldman Sachs Asset Management, tackles the AI boom.

The Tech Download: Anthropic’s IPO sets up first big test of AI boom valuations

Anthropic took a big step this week towards pipping bitter rival OpenAI to a public market listing.

Bitcoin is weathering its ugliest week in months as narrative fades and liquidity rotates

Bitcoin is getting pummeled to kick off June as the market loses its dominant narrative and liquidity continues to rotate into other assets.

Blackstone restricts flagship fund withdrawals as private asset fears reemerge

Blackstone capped withdrawals from its $79 billiob BCRED fund after redemption requests rose from 7.9% to 10%, adding to private-market liquidity concerns.

India's viral 'Cockroach' party has millions of followers. What investors need to know

A Gen Z-led, social media-first mock political party in India that has amassed millions of followers and is set to hold an in-person protest on Saturday.

Asia-Pacific markets set to open lower on renewed Middle East tensions

Asia-Pacific markets were set to open lower amid renewed tensions between Iran and the U.S. and worries that the conflict may keep inflation elevated.

Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast

The cryptocurrency is likely to break below its lows hit in early February, traders on prediction market Kalshi believe.

Bessent says he is performing IRS commissioner duties amid Trump tax settlement scrutiny

Democrats pressed the Treasury chief over whether other taxpayers affected by the leak that included Trump's tax returns would receive similar treatment.

Leveraged ETF assets double in two months as investors press AI bet

Investors turn to ETFs linked to AI and Tech, with exposures in the U.S. and Korea/Taiwan doubling in just two months

UK assets face underestimated risk event, analysts warn as PM hopeful swerves call to calm investor nerves

One analyst said markets would reprice U.K. fiscal risk "accordingly and quickly" if Burnham's political ambitions come to light.

Biotech takeover target Abivax sinks over 30% after bowel disease drug trial update

Shares of French biotech Abivax tumbled 32% after it reported fresh data on its lead asset.

Asia-Pacific stocks set to open subdued amid uncertainty over U.S.-Iran peace talks

Asia-Pacific markets were set to open mixed on Tuesday as investors weighed renewed uncertainty over U.S.-Iran peace negotiations.

SpaceX sets aside up to 5% of shares in IPO for certain employees and friends

In an updated IPO prospectus, SpaceX said that up to 5% of stock being offered by the company in the offering will be available in a direct share program.

Anthropic confidentially files IPO prospectus with SEC

Anthropic said it confidentially filed its IPO prospectus with the SEC, setting up a potentially historic share sale for investors ready to jump into AI.

Asia-Pacific markets set to open mixed as Trump signals no rush on Iran agreement

Asia-Pacific markets were set to open mixed on Monday as investors monitored lingering uncertainty around U.S.-Iran negotiations.

Hegseth praises Asian allies for 'burden-sharing,' calls out China's role in the region

Jim Cramer says Dell’s blowout quarter sets up a crucial week for AI stocks

CNBC’s Jim Cramer said Dell Technologies’ blockbuster quarter reignited enthusiasm around AI and data center stocks.

Blue Origin rocket explodes on launchpad during ground test

Jeff Bezos' rocket maker suffered a setback on Thursday as its New Glenn rocket went up in flames.