US President Donald Trump visits to sign an executive order in the Oval Office of the White House in Washington, DC, March 31, 2026. Evan Vucci | Reuters Hi, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Global markets weighed down by the US-Iran conflict continued … Read more
Job openings in the United States have fallen to a six-year low, as demand for restaurant workers remains amid concerns about trade, immigration and the growing role of artificial intelligence (AI). Tuesday’s Job and Employment Survey (JOLTS), a monthly report issued by the United States Department of Labor, showed that job openings fell by 358,000 … Read more
The Bureau of Labor Statistics reported Tuesday that the hiring rate fell to 3.1% in February, with just 4.8 million new hires, the lowest since April 2020. Job openings fell to 6.9 million, down 358,000 from January. The unemployment rate was lower at 1.9%, while the unemployment rate remained at 1.1%, and the number of … Read more
Wells Fargo Chairman and CEO Charlie Scharf discusses the resilient US economy amid geopolitical risks and market uncertainty on ‘Mornings with Maria.’ Despite a 50% increase in oil prices and the growing conflict involving Iran, Wells Fargo CEO Charlie Scharf reports a disconnect between market volatility and the health of the global economy. “So, separate … Read more
Americans woke up to higher gas prices on Tuesday, and some experts warned that the global oil crisis could worsen as Yemen’s Houthi rebels join the war against Iran. On Tuesday morning, the average price of gas in the US was US $ 4.018 per gallon, according to AAA, which tracks gas prices nationwide. According … Read more
High oil prices due to the US-Iran war are straining already strapped low-income consumers. But as rates fall, there is a sign that high earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card usage revealed that from the start of the war through March 21, … Read more
Recently, an anonymous Reddit user asked, “What industry is built entirely on a house of cards and would collapse overnight if people realized the truth about it?” People had a lot of shocking (and scary!) answers to share. Here are some of the most interesting comments: 1. “Traveling kids sports industry. $3,000+ a year so … Read more
Good news: Oil traders are betting the Iran war will end soon. The bad news: They also bet the economic damage from the war could last for years. Crude has soared above $110 a barrel, making $4-a-gallon gas and $5.40 diesel a painful reality in the United States. But when we say “crude is trading … Read more
Item 1 of 5 Shoppers walk along Regent Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska/File Photo [1/5]Shoppers walk along Regent Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska/File Photo Purchase Licensing Rightsopens a new tab UK GDP confirmed at +0.1% in Q4 The Iran war is expected to be a major concern … Read more
Prolonged conflicts change the market’s focus to bearish growth Central banks walk a tightrope; UK long-term interest rates are expected to rise by around 100 bps in March Germany is up 69bps, US is up 50bps SINGAPORE/LONDON/NEW YORK, March 30 (Reuters) – Global government bonds are headed for their biggest monthly decline in years as … Read more