Marcus V. Thorne

Markets

Ohio leads CNBC state business ranking as long-term shifts emerge

CNBC’s 20-year record shows Ohio at No. 1 for 2026, with Michigan posting the largest gain since the rankings began in 2007.

By Marcus V. Thorne · 1 month ago

Markets

Hormuz tanker crossings fall as U.S.-Iran fighting resumes

Kpler said 13 tankers crossed the strait Wednesday, down from a recent daily average of 33, as oil prices rose more than 6% this w...

By Marcus V. Thorne · 1 month ago

Markets

Hawaii ranks last in CNBC’s 2026 state business survey

CNBC placed Hawaii at the bottom of its 2026 business rankings, citing high operating costs, weak infrastructure scores and childc...

By Marcus V. Thorne · 1 month ago

Markets

Meta prices Muse Spark 1.1 API as it targets AI coding demand

Meta is opening paid access to Muse Spark 1.1, a coding-focused AI model, as it seeks traction against OpenAI, Anthropic and Googl...

By Marcus V. Thorne · 1 month ago

Markets

US existing-home sales fell in June as median price hit record

Previously owned home sales declined 2.4% from May to a 4.09 million annual pace, while the median sale price rose to $440,600, NA...

By Marcus V. Thorne · 1 month ago

Deals

Juniper Landscaping buys two Central Florida aquatic services firms

Bregal-backed Juniper acquired Compass Environmental and Aquatic Weeds, expanding into aquatic maintenance and shoreline restorati...

By Marcus V. Thorne · 1 month ago

Markets

Goldman wins $70 billion in retirement mandates from Verizon and Lockheed

The mandates add to Goldman Sachs’ outsourced investment business as large employers shift retirement portfolios to external manag...

By Marcus V. Thorne · 1 month ago

Markets

Ohio leads CNBC’s 2026 state business competitiveness ranking

CNBC ranked all 50 states across 138 metrics, with infrastructure carrying the most weight in the 2026 study.

By Marcus V. Thorne · 1 month ago

Markets

Oil climbs as renewed U.S.-Iran conflict puts Hormuz in focus

Brent and WTI rose about 1% after U.S. strikes on Iran renewed concerns over commercial shipping and oil flows through the Strait...

By Marcus V. Thorne · 1 month ago

Markets

Luxshare falls in Hong Kong debut after $3.09bn share sale

Apple supplier Luxshare Precision traded below its HK$63.28 offer price after raising HK$24.27bn in a Hong Kong listing.

By Marcus V. Thorne · 1 month ago

Markets

Iran tensions put US gasoline prices back under pressure

AAA puts regular gasoline near $3.80 a gallon, while GasBuddy says renewed Iran tensions could push the national average toward $4...

By Marcus V. Thorne · 1 month ago

Markets

Trump leaves NATO summit without new allied pledge on Iran

European leaders played down U.S. troop withdrawal warnings after Trump faulted NATO members for not backing Washington’s Iran cam...

By Marcus V. Thorne · 1 month ago