June 2026
Oil price falls to levels not seen since before Iran war
The price of oil has fallen to levels not seen since before the Iran war as traffic through the key Strait of Hormuz shipping route gradually resumes. Global benchmark Brent crude briefly fell below $72.48 (£55) a barrel, the price it was at the day before the US and Israel launched attacks on Iran on…
Strategy should halt bitcoin buys and bolster cash reserves, CryptoQuant says
Michael Saylor’s Strategy should pause its bitcoin purchases, rebuild its cash reserves and develop a disciplined strategy for buying the flagship cryptocurrency, according to a CryptoQuant report. “Strategy should develop a systematic, fundamental-driven approach to bitcoin purchase timing rather than buying whenever capital is available,” Julio Moreno, head of research at the analytics firm, said…
Luxury spending now driven by experiences and ‘inheritourism’
Filippobacci | E+ | Getty Images Luxury spending is expected to rebound this year, driven mainly by experiences rather than luxury goods, according to a new study. After two years of declines, luxury goods sales are expected to grow between 1% and 4% in 2026, according to a report from Bain & Co. and Altagamma….
Mumbai vs Navi Mumbai: Where does your ₹2 crore buy a better home? |
Mumbai vs Navi Mumbai is one of the biggest confusion faced by homebuyers these days. For many in the Mumbai Metropolitan Region (MMR), ₹2 crore is a budget that means a lot. Now the answer completely depends on your priority. Whether you prioritise location, lifestyle, or living space, the choice is yours. But recent industry…
Supreme Court allows Trump to remove protections from thousands of Haitian and Syrian immigrants
WASHINGTON — The Supreme Court on Thursday cleared the way for the Trump administration to remove legal protections from thousands of Haitian and Syrian immigrants in the United States, meaning they could be subject to deportation. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. The court, on…
Is Canada About to Enter the Eurovision Song Contest?
As Canada’s government looks more toward Europe and less to the United States, its national broadcaster has become a full member of the group that organizes the glitzy singing event. Source link
Vusimusi ‘Cat’ Matlala: Key figure at South Africa’s Madlanga Commission pleads guilty
Vusimusi “Cat” Matlala, a central figure in a major ongoing police graft inquiry in South Africa, has pleaded guilty to corruption, fraud and money-laundering charges as part of a deal with state prosecutors. He was accused of bribing top police officials to win a 360m rand ($22m; £16.5m) tender for his health company Medicare24 in…
5 things to know before the stock market opens Thursday
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. The personal consumption expenditures price index — aka the Federal Reserve’s favorite inflation gauge — is due out at 8:30 a.m. ET. The report is even more important following the Fed’s interest rate decision last week. Stock futures are higher…
U.S. charitable giving tops $600B thanks to megadonors and bequests
Violetastoimenova | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Donors gave an estimated $617.2 billion to U.S. charities last year, up 5.7% from the year prior…