Finance
-
Investors continue to punish ServiceNow despite strong earnings and CEO McDermott’s forecast of blistering growth in AI product sales
The numbers look good. But the vibes feel bad. That’s the dilemma that haunts ServiceNow CEO Bill McDermott, with stock market investors continuing to punish the stock despite the company posting solid financial results. ServiceNow announced its first quarter earnings yesterday, beating consensus Wall Street forecasts for revenue and exceeding the high end of its
-
People living in the U.S. with temporary protected status, targeted by Trump, are a $29 billion economic force
Later this month, the Supreme Court will hear arguments on the Trump administration’s efforts to strip a humanitarian immigration benefit from Haitians and Syrians. It’s a case that will affect more than 350,000 people who live in the U.S. under a Temporary Protected Status (TPS), part of a much larger group that has grown into
-
Trump’s strategy for a mined-shut Strait of Hormuz: appease Joe Rogan with psychedelics and weed
With the Iranian military having mined the Strait of Hormuz and a classified Pentagon briefing warning it could take six months to clear — a timeline the Defense Department is publicly dismissing — President Trump signed an executive order on psychedelics with Joe Rogan at his side, then moved to reclassify marijuana, handing cultural wins
-
The tech industry is applying an Uber-style ‘gigification’ model to nursing. It means no workers’ comp, AI managers, and ‘surveillance wages’
In the late 2000s, surging unemployment during the financial crash gave rise to the gig economy, later supercharged by the emergence of ride-sharing and food-delivery apps. Almost two decades later, gig work is as big as it’s ever been, and is creeping into one of the country’s most essential and historically stable professions. Last year,
-
Trump’s team is hosting another memecoin conference. The price to attend has dropped dramatically
The team behind Donald Trump’s memecoin, in what is becoming a common ritual, is holding a soirée for the coin’s top holders. Even though the novelty of these gatherings may have worn off, the second Trump coin conference may appeal to those looking for a bargain. Tickets to the conference and luncheon, scheduled for Saturday,
-
‘The biggest energy security threat in history’: IEA chief warns 13 million barrels a day are gone with no cure in sight
Even as the U.S. and Iran hold a fragile ceasefire, the global energy crisis shows no sign of easing. In an interview with CNBC Thursday, Fatih Birol, the executive director of the International Energy Agency, called the ongoing energy crisis an unprecedented inflection point for the global economy. “We are facing the biggest energy security
-
40 years after Chernobyl, Iran War pushes world toward nuclear again. What could go wrong?
The 1986 Chernobyl disaster fueled global fears about nuclear power and slowed its development in Europe and elsewhere. Four decades later, however, there’s a revival around the world, a trend that has been given a big boost by war in the Middle East. Over 400 nuclear reactors are operational in 31 countries, while about 70
-
Current price of oil as of April 23, 2026
By 9 a.m. Eastern Time today, oil had reached $103.67 per barrel, measured using the Brent benchmark. That’s $2.53 more than it cost yesterday morning and about $37.50 above its price a year earlier. Oil price per barrel % Change Price of oil yesterday $101.14 +2.50% Price of oil 1 month ago $112.77 -8.06% Price
-
A startup called Astor plugs into your brokerage account and texts you AI-driven financial advice for $15 a month
When you open a brokerage account, you’re automatically paired with a financial advisor. Well, that’s how it works in Brazil, where Bruno Koba and Daniel Tulha grew up. When they came to the U.S., the pair was surprised to discover that advisors are typically available only to the wealthy, and that everyone else just sort
-
When interest on national debt overtook military spending, it triggered a limit where the U.S. may ‘cease to be a great power’, warns Hoover historian
Interest payments on the U.S. national debt are set to surpass $1 trillion in 2026, some $88 billion a month—equal to spending on defense and education combined. The economy has tripped past this point before: that is, there have been brief periods in history when service payments on the debt have outweighed military spending, for