Pope Leo arrived in Spain on Saturday for a week-long visit, his first to an EU country outside Italy, where he will inaugurate a new tower in Barcelona’s famed Sagrada Familia basilica and meet migrants who braved dangerous Atlantic waters to reach Europe. The first American head of the Catholic Church is expected to draw … Read more
Rosneft Chief Executive Igor Sechin said on Saturday that U.S. energy companies were the main beneficiaries of the closure of the Strait of Hormuz and that Washington was trying to change the fundamental contours of the global energy markets to suit U.S. interests. Iran blockaded the Strait, the main route for about a fifth of … Read more
OpenAI CEO Sam Altman and the White House are in ongoing talks about a possible government stake in the artificial intelligence company, CNBC confirmed on Friday. The discussions have been in progress for more than a year, as Altman first shared the idea with the Trump administration in 2025, according to a source familiar with … Read more
In this picture obtained from Iran’s ISNA news agency on June 1, 2026, Iranians sit on Suru Beach in Bandar Abbas along the Strait of Hormuz. Amirhossein Khorgooei | Afp | Getty Images HELSINKI, Finland — Iran’s influence over the strategically vital Strait of Hormuz has inadvertently transformed the energy security debate, effectively casting fossil … Read more
BEIJING, CHINA – MAY 14: Nvidia CEO Jensen Huang waves as he prepares to depart the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty Images Nvidia CEO Jensen Huang is being invited to testify before the Senate Banking Committee on June 11 as … Read more
William Pulte, director of the Federal Housing Finance Agency (FHFA) nominee for US President Donald Trump, during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Thursday, Feb. 27, 2025. Al Drago | Bloomberg | Getty Images President Donald Trump said Thursday that Acting Director of National Intelligence Bill … Read more
Oil prices dropped about 3% Thursday, on a report that President Donald Trump is reluctant to resume full-scare war with Iran despite recent clashes. West Texas Intermediate futures declined 3.1% to close at $93.04 per barrel. Brent futures, the international benchmark, lost 2.8% to settle at $95.03 per barrel. Trump told his aides that the … Read more
Late evening view of US Capitol building in Washington DC, USA Richard Sharrocks | Moment | 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. The “one big beautiful bill” … Read more
President of Finland Alexander Stubb is seen during a joint press conference with Lithuanian President Gitanas Nauseda (not in view) at the Presidential Palace. Sopa Images | Lightrocket | Getty Images HELSINKI, Finland — Finnish President Alexander Stubb has outlined his vision for a much larger European Union, saying the 27-nation bloc needs to “think … Read more
Rubio said Iran’s nuclear program could be negotiated US Secretary of State Marco Rubio testifies during a Senate Foreign Relations Committee hearing concerning the fiscal year 2027 budget for the State Department, on Capitol Hill in Washington, DC, on June 2, 2026. Brendan Smialowski | AFP | Getty Images Secretary of State Marco Rubio appeared … Read more