U.S. launches ninth night of Iran strikes as oil rises above $90
CENTCOM said it opened a new round of strikes as U.S. deaths reached 17 and Hormuz traffic slowed, lifting Brent crude futures to...
By Marcus V. Thorne 2 months agoMarkets Editor
Marcus V. Thorne
Marcus writes the market wraps and the flows analysis: equities, volatility, and the positioning behind the tape.
Latest from Marcus V. Thorne
China car sales slump puts market on course for weakest year since 2021
Passenger vehicle sales fell 20.2% in the first half, prompting China’s auto trade body to project a 14% full-year decline.
By Marcus V. Thorne 2 months ago
Brent tops $90 as U.S.-Iran fighting raises Hormuz supply fears
Oil prices climbed after fresh U.S. strikes on Iran-linked targets and new American casualties intensified concern over Gulf energ...
By Marcus V. Thorne 2 months ago
Treasury yields rise as investors track widening Iran conflict
The 10-year Treasury yield climbed to 4.558% while markets weighed new U.S. strikes on Iran and recent U.S. inflation data.
By Marcus V. Thorne 2 months ago
Kalshi says World Cup brought 3 million new users to its platform
Kalshi told CNBC its World Cup markets drew 3 million new users and more than $1.2 billion in trading on the tournament winner con...
By Marcus V. Thorne 2 months ago
U.S. strikes Iranian targets after deadly attacks on troops in Jordan
CENTCOM said it hit IRGC forces tied to attacks that killed two U.S. service members, as oil prices rose on renewed Middle East fi...
By Marcus V. Thorne 2 months ago
Taylor Farms recalls iceberg lettuce across 27 states over parasite risk
The company said it is pulling central Mexico-sourced iceberg lettuce from the U.S. market after FDA traceback work tied the produ...
By Marcus V. Thorne 2 months ago
Rubin rules out Fanatics moves into ticketing and sports broadcasting
The Fanatics chief told CNBC the sports group sees room for new lines of business, but not in ticketing or live media rights.
By Marcus V. Thorne 2 months ago
Buffett says he started Berkshire’s Alphabet stake and will end Gates gifts
The Berkshire chairman told CNBC his philanthropy shift reflects confidence in his children and confirmed he initiated a roughly $...
By Marcus V. Thorne 2 months ago
House tax bill would ease IRS burden on fraud victims
A bipartisan measure would restore theft-loss deductions and waive some early-withdrawal penalties for scam victims using retireme...
By Marcus V. Thorne 2 months agoU.S. expat says Trinidad move cut family costs to about $3,000 a month
Chantel Henry told CNBC Make It that her family of four spends about $3,000 monthly in Trinidad and Tobago after leaving Atlanta.
By Marcus V. Thorne 2 months ago
Jensen Huang’s leather jacket sells for $960,000 at Sotheby’s
The signed Tom Ford jacket worn by Nvidia’s chief far exceeded its $40,000 to $60,000 presale estimate after 65 bids.
By Marcus V. Thorne 2 months ago