U.S. wireless company AT&T (NYSE: T) tarnished its reputation with ill-fated and expensive acquisitions beginning in 2014 that haunted the stock for roughly a decade. Eventually, AT&T had to face the music. To its credit, AT&T made difficult decisions, including selling its media assets and slashing its dividend, to help pay down a massive debt load. Today, AT&T stock is in a much better place. Bu...
U.S. wireless company AT&T (NYSE: T) tarnished its reputation with ill-fated and expensive acquisitions beginning in 2014 that haunted the stock for roughly a decade. Eventually, AT&T had to face the music. To its credit, AT&T made difficult decisions, including selling its media assets and slashing its dividend, to help pay down a massive debt load. Today, AT&T stock is in a much better place. But is it time yet to fully buy into AT&T's turnaround? Continue reading
Vegetable-Oil Inflation Sends World Food Prices Higher The benchmark for global food commodity prices rose for a third consecutive month in April, hitting its highest level since early 2023, as Middle East supply disruptions, elevated energy costs, and tightening supplies of certain agricultural products appear to be driving the next leg higher in global food prices. This is a major risk we have w...
Vegetable-Oil Inflation Sends World Food Prices Higher The benchmark for global food commodity prices rose for a third consecutive month in April, hitting its highest level since early 2023, as Middle East supply disruptions, elevated energy costs, and tightening supplies of certain agricultural products appear to be driving the next leg higher in global food prices. This is a major risk we have warned about throughout the U.S.-Iran war, as energy and supply chain disruptions spread quickly through fertilizer, diesel, freight, biofuels, grains, and vegetable oils. We even treated readers to a special food debate late last week to examine how the conflict could produce a broader food-inflation shock later this year. The United Nations' Food and Agriculture Organization's FAO Food Price Index, which tracks monthly changes in the international prices of a basket of globally traded food commodities, averaged 130.7 in April, up 1.6% from its revised March level and 2% higher than a year ago. This places the global food index at its highest level since February 2023. The largest move in the food index came from vegetable oils, where prices jumped 5.9% to the highest level since July 2022. Palm, soy, rapeseed, and sunflower oils all rose, supported by stronger biofuel demand, higher crude prices, and tight Black Sea supplies. " Despite the disruptions linked to the crisis in the Strait of Hormuz, global agrifood systems continue to show resilience . Cereal prices have increased only moderately so far, supported by relatively strong stocks and adequate supplies from previous seasons. Vegetable oils, however, are experiencing stronger price increases, driven largely by higher oil prices, which are increasing demand for biofuels and putting additional pressure on vegetable oil markets ," said FAO Chief Economist Máximo Torero. Here is how the other subcomponents performed last month: The FAO Cereal Price Index rose by 0.8 percent from March and was up 0.4 percent from a year ...
“I have just read the response from Iran’s so-called ‘Representatives.’ I don’t like it — TOTALLY UNACCEPTABLE,” President Trump says in a Truth Social post .
“I have just read the response from Iran’s so-called ‘Representatives.’ I don’t like it — TOTALLY UNACCEPTABLE,” President Trump says in a Truth Social post .
It's not hard to see how Oklo (NYSE: OKLO) could become a millionaire-maker stock . One of the company's earliest investors was Sam Altman, the founder of OpenAI and ChatGPT . Altman served as the chairman of Oklo as recently as 2025, the year he stepped down to avoid any conflict of interest. What exactly was the conflict of interest? Altman's AI empire is one of the heaviest data center users in...
It's not hard to see how Oklo (NYSE: OKLO) could become a millionaire-maker stock . One of the company's earliest investors was Sam Altman, the founder of OpenAI and ChatGPT . Altman served as the chairman of Oklo as recently as 2025, the year he stepped down to avoid any conflict of interest. What exactly was the conflict of interest? Altman's AI empire is one of the heaviest data center users in the world. Open AI, the parent company of ChatGPT, is highly reliant on more data centers being built to continue its rapid growth rates. There's just one problem: For more data centers to be built, a commensurate amount of new electricity sources will need to come online to power and cool those data centers. This is what got Altman so interested in Oklo's nuclear technology to begin with. He clearly believed small modular reactors, or SMRs -- the specific nuclear technology that Oklo designs and manufactures -- could be a meaningful solution to the AI industry's rapidly rising energy demands. Continue reading
Never miss an episode. Follow The Big Take daily podcast today After eight years as chair of the Federal Reserve, Jerome Powell’s term concludes this week. On today’s Big Take podcast, host David Gura sits down with Bloomberg Fed correspondents Catarina Saraiva and Amara Omeokwe to look back at Powell’s successes, missteps and legacy — and what shape the central bank could take in the future.
Never miss an episode. Follow The Big Take daily podcast today After eight years as chair of the Federal Reserve, Jerome Powell’s term concludes this week. On today’s Big Take podcast, host David Gura sits down with Bloomberg Fed correspondents Catarina Saraiva and Amara Omeokwe to look back at Powell’s successes, missteps and legacy — and what shape the central bank could take in the future.
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference, amid the U.S.-Israel conflict with Iran, in Jerusalem, March 19, 2026. Ronen Zvulun | Reuters Israeli Prime Minister Benjamin Netanyahu said on Sunday that the war with Iran is "not over," as the U.S. and Israel still aim to bring an end to Tehran's nuclear ambitions. "There's still nuclear material, enriched uranium that ...
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference, amid the U.S.-Israel conflict with Iran, in Jerusalem, March 19, 2026. Ronen Zvulun | Reuters Israeli Prime Minister Benjamin Netanyahu said on Sunday that the war with Iran is "not over," as the U.S. and Israel still aim to bring an end to Tehran's nuclear ambitions. "There's still nuclear material, enriched uranium that has to be taken out of Iran," he said in a taped interview on CBS's "60 Minutes" that is set to air Sunday night. "There is still enrichment sites that have to be dismantled, there's still proxies that Iran supports, there are ballistic missiles that they still want to produce ... there's work to be done." Pressed for how the U.S. and Israel would remove the nuclear material, Netanyahu said: "You go in, and you take it out." Read more CNBC politics coverage Boeing, Citigroup CEOs set to join Trump on China visit next week Marco Rubio heads to the Vatican as 2028 presidential buzz ramps up Epstein files: Commerce Sec. Howard Lutnick questioned by House Oversight panel Netanyahu's comments come ahead of President Donald Trump 's expected trip to China later this week, where he's expected to meet with Chinese President Xi Jinping . The war and the subsequent closure of the Strait of Hormuz by Iran have spiked global energy costs and sharply raised gas prices in the U.S. Washington and Tehran are trying to negotiate a peace deal through mediators in Pakistan, but the pact remains elusive. The Wall Street Journal on Sunday reported details of Iran's latest response to the U.S. proposal to end the war. According to the Journal, Iran did not agree to U.S. demands regarding its nuclear program and stockpile of highly enriched uranium, instead calling for separate nuclear negotiations and for some of its highly enriched uranium to be diluted and the rest sent to a third country. The uranium would be returned to Iran if the U.S. exits the deal, the Journal said. In addition, the U.S....
CrowdStrike Holdings (NasdaqGS:CRWD) expanded its Project QuiltWorks AI cybersecurity coalition with new global technology and consulting partners. New members include Armadin, Cognizant, HCLTech, Infosys, KPMG, NTT DATA, Tata Consultancy Services, and Wipro. The company also launched Falcon OverWatch for Defender, bringing AI powered threat hunting to Microsoft endpoint customers. CrowdStrike Hol...
CrowdStrike Holdings (NasdaqGS:CRWD) expanded its Project QuiltWorks AI cybersecurity coalition with new global technology and consulting partners. New members include Armadin, Cognizant, HCLTech, Infosys, KPMG, NTT DATA, Tata Consultancy Services, and Wipro. The company also launched Falcon OverWatch for Defender, bringing AI powered threat hunting to Microsoft endpoint customers. CrowdStrike Holdings, trading at about $505.74, has seen very strong multi year share price appreciation,...